2007 May | Boost Your Credit

FDIC sees some progress on modifying subprime loans (Reuters)

May 31st, 2007 by

Credit Repair News - Some progress is being
made to modify home loans to borrowers with poor credit
histories but more work by regulators & industry is needed, a
senior U.S. banking regulator said on Thursday.

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

segnalo:FDIC sees some progress on modifying subprime loans
(Reuters)

Hedge funds attack banks for helping subprime victims (FT.com)

May 31st, 2007 by

FT.com - Hedge funds are attacking bank decisions that help delinquent US mortgage borrowers remain in air homes in a move that pits some of a country's richest people against its least well-off.

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(FT.com)

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(FT.com)

Fears over helping hand for mortgage defaulters (FT.com)

May 31st, 2007 by

FT.com - A generation ago, a mortgage was still a simple contract negotiated face-to-face between a borrower & a local bank manager. But a business of home lending has changed dramatically.

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del.icio.us:Fears over helping hand for mortgage defaulters
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(FT.com)

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(FT.com)

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(FT.com)

Judge dismisses Fannie Mae lawsuit (AP)

May 31st, 2007 by

Credit Repair - Shareholders may not sue on behalf of mortgage giant Fannie Mae to force changes to its governing policies & recover money lost during a $6 billion accounting sc&al, a federal judge ruled Thursday.

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

Wachovia to buy A.G. Edwards for $6.8B (AP)

May 31st, 2007 by

Credit Repair - A little more than a year after acquiring one of a nation’s top mortgage lenders, Wachovia said Thursday it would buy A.G. Edwards for $6.8 billion in a deal that will create a nation’s second-largest retail brokerage.

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(AP)

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(AP)

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(AP)

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(AP)

segnalo:Wachovia to buy A.G. Edwards for $6.8B
(AP)

Fixed mortgage rates rise for third week (AP)

May 31st, 2007 by

Credit Repair - Rates on 30-year mortgages rose for a third straight week, hitting a highest level in eight months.

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

IRS letters may need a simple response (AP)

May 30th, 2007 by

Credit Repair - Americans who filed air federal income tax returns in mid-Credit Repairril may think ay’re done with a Internal Revenue Service for a year. But some 3 million of am will soon be receiving “Dear Taxpayer” letters pointing out problems ranging from simple math errors to questionable itemized deductions.

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

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(AP)

New rules altering brokerage relationships (Reuters)

May 30th, 2007 by

Credit Repair News - It's time to sit down & have a
nice long talk with your financial adviser, especially if she
works at a bank or brokerage firm.

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del.icio.us:New rules altering brokerage relationships
(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

Home loan demand off as rates hit 7-month high (Reuters)

May 30th, 2007 by

Credit Repair News - U.S. mortgage Credit Repairplications fell last
week, weighed down by a plunge in dem& for home refinancing
as interest rates reached seven-month highs, an industry group
said on Wednesday.

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del.icio.us:Home loan demand off as rates hit 7-month high
(Reuters)

digg:Home loan demand off as rates hit 7-month high
(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

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(Reuters)

magnolia:Home loan demand off as rates hit 7-month high
(Reuters)

segnalo:Home loan demand off as rates hit 7-month high
(Reuters)

Rate rises damp eurozone mortage lending (FT.com)

May 30th, 2007 by

FT.com - Mortgage lending growth in a 13-country eurozone has slowed to a lowest for more than three years as higher interest rates begin to bite, according to European Central Bank figures.

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