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Seized homes soar in Mass. - Berkshire Eagle Online

Thursday, October 23, 2008
Berkshire Eagle, MA -
By Matt Murphy, Eagle Boston Bureau BOSTON — US Rep. William Delahunt, backed by top state officials yesterday, called on Congress to allow bankruptcy courts to rewrite problem mortgages so homeowners can avoid foreclosure. Delahunt, a member of ...

Bill Delahunt calls for changes in bankruptcy court - BostonHerald.com

Wednesday, October 22, 2008
Boston Herald, United States -
By AP BOSTON - US Rep. Bill Delahunt says Congress should allow bankruptcy courts to modify the terms of "predatory" loans. Delahunt, a member of the House Judiciary Committee, spoke Wednesday at a special briefing at the Statehouse discussing the mortgage foreclosure crisis and its impact ...

Delahunt calls for changes in bankruptcy court - Forbes.com

Wednesday, October 22, 2008
Forbes, NY -
By STEVE LeBLANC 10.22.08, 6:12 PM ET US Rep. William Delahunt said Congress should give bankruptcy courts the authority to modify the terms of "predatory" ...

Bill Delahunt: help borrowers - BostonHerald.com

Thursday, October 23, 2008
Boston Herald, United States -
By Paul Restuccia Angry at lenders who decline to help distressed homeowners by modifying their loans, US Rep. Bill Delahunt said he is co-sponsoring a bill to give bankruptcy judges the right to change the terms of subprime mortgages. “The testimony given today ...

Bay State foreclosure figures on rise again - The Boston Globe

Thursday, October 23, 2008
Boston Globe, United States -
By Jenifer B. McKim The number of foreclosure petitions in Massachusetts more than doubled in September, just four months after the state passed a law intended to encourage lenders to renegotiate the loans of troubled homeowners, new data released yesterday show. The steep ...

SouthCoastToday.com: Statehouse hearing examines mortgage crisis

Thursday, October 23, 2008
SouthCoastToday.com, MA -
By DAVID KIBBE BOSTON — US Rep. William Delahunt on Wednesday called on Congress to give the federal bankruptcy courts the power to lower the terms of many troubled home mortgages, saying it is the only quick way to stem the foreclosure crisis sweeping the country. ...

RTTNews - Latest Earnings,Upcoming Earnings, Pos Pre Announcements, Pos Pre Announcements , Positive Surprises, Negative Surprises, Hot Stocks, Stock Split Calendar, Stock Buybacks, Dividends, Negative, Positive PreAnnouncements,Surprises ....

Thursday, October 23, 2008
RTT News, NY -
The monthly loan repayment needed on a typical first-home mortgage declined to A$2785 from A$2828 in the previous quarter. The mortgage repayments accounted for 27.5% of total first home buyer income, which was lower than the previous quarter, but the fourth highest ...

Across the nation | Freep.com | Detroit Free Press

Oct 22, 2008
Detroit Free Press, United States -
US House Republicans called on the Justice Department to broaden its probe into the collapse of the subprime mortgage market and look into allegations of wrongdoing by Fannie Mae and Freddie Mac executives. ...

More about the Moore amendment on Fannie and Freddie | KansasCity.com Prime Buzz

Wednesday, October 22, 2008
Kansas City Star, MO -
In the race for Congress in Kansas’ 3rd District Republican Nick Jordan’s campaign said it had found a “smoking gun” that proves the current Democratic congressman may have made the nation’s financial crisis worse. Jordan pointed to an amendment last year co-sponsored ...

Emergency grants help local charities - Washington Business Journal:

Wednesday, October 22, 2008
Bizjournals.com, NC -
A local charitable foundation announced 40 emergency grants to social service providers in the Washington region Wednesday, to help them cope with slimmer charitable giving and the freeze on grant giving by Fannie Mae and the Freddie Mac Foundation ...

Blunt: Democrats' Long History of Rewarding ACORN - MarketWatch

Wednesday, October 22, 2008
MarketWatch -
Long before Fannie Mae and Freddie Mac needed a taxpayer-funded bailout this summer, Congressional Democrats began pushing an "affordable housing trust fund ...

Montsame Agency

Oct 22, 2008
Montsame (subscription), Mongolia -
Ulaanbaatar, /MONTSAME/ Commercial banks' granting mortgage loans in large amounts led to the increase in demand and supply of apartments. The consequent increase in inflation rate created risky conditions for the banks. This has made the banks cease ...

New federal program can help homeowners -- at a big cost | CourierPostOnline.com | Courier-Post

Thursday, October 23, 2008
Cherry Hill Courier Post, NJ -
By MICHELLE SINGLETARY • The Washington Post • October 23, 2008 WASHINGTON — For homeowners trying to renegotiate their loans under the government's new ...

U.S. Sues Lender, Alleges Fraud in Insured Loans - WSJ.com

Thursday, October 23, 2008
Wall Street Journal -
By CHAD BRAY Federal prosecutors in Brooklyn sued a Long Island mortgage lender and its president on Wednesday to stop it from writing loans insured by the Federal Housing Administration, saying they submitted false mortgage-insurance applications for more than $4 million in loans. ...

Carle Place mortgage lender faces fraud charges -- Newsday.com

Thursday, October 23, 2008
Newsday, NY -
BY ANTHONY M. DESTEFANO | anthony.destefano@newsday.com Federal officials yesterday filed a lawsuit against a Carle Place mortgage lender, accusing Madison Home Equities Inc. and its president of fraud in the handling of federally insured loan applications. ...

Loan Modifications for Profit: New Free Report Shows How to Make Money Helping Homeowners Lower Their Mortgage Payments - International Business Times -

Wednesday, October 22, 2008
International Business Times, NY -
Over 3 million homeowners need to get their mortgage loan modified so they can afford to remain in their house. Most homeowners struggle to even contact their lenders, and non-profit organizations are not able to fill the need. A new free report shows how mortgage ...

GFED Guaranty Federal Bancshares, Inc. Announces Third Quarter 2008 Financial Results

Oct 21, 2008
Trading Markets (press release), CA -
...

Union Bankshares Corporation Reports Earnings

Wednesday, October 22, 2008
PR Newswire (press release), NY -
BOWLING GREEN, Va., Oct. 22 /PRNewswire-FirstCall/ -- Union Bankshares Corporation (the "Company") (Nasdaq: UBSH) reports net income for the quarter ended June 30, 2008. This increase includes the aforementioned gains on the sales of two parcels of bank owned real ...

RTTNews - Latest Earnings,Upcoming Earnings, Pos Pre Announcements, Pos Pre Announcements , Positive Surprises, Negative Surprises, Hot Stocks, Stock Split Calendar, Stock Buybacks, Dividends, Negative, Positive PreAnnouncements,Surprises ....

Oct 21, 2008
RTT News, NY -
(RTTNews) - Media and marketing information research firm Arbitron Inc. (ARB: News ) said Tuesday that net income for the third quarter declined marginally from the year-ago quarter, despite a 9.9% growth in revenue. However, earnings per share for the quarter increased from ...

Guaranty Federal Bancshares, Inc. Announces Third Quarter 2008 Financial Results - MarketWatch

Oct 21, 2008
MarketWatch -
The Company announces that earnings for the third quarter ended September 30, 2008 were $.11 per diluted share, or $299000, an increase of 111% from the ($.96) per diluted share during the second quarter ended June 30, 2008. This was a decrease of 81% from ...

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