mortgage delinquencies

Economists Say Housing Crisis May Worsen (WTAJ-TV Altoona)

(Harrisburg) -- Economists from the Keystone Research Center in Harrisburg say current trends in housing prices suggest more declines to come. Drops in housing prices and jumps in unemployment rates for Pennsylvania increase the risk of mortgage delinquencies and home foreclosures.

Mortgage delinquency on the rise (CNN Money)

Mortgage delinquencies will continue to rise over the next six to 12 months as home prices decline and economic conditions remain difficult, according to one forecast released Monday.

Mortgage delinquency on the rise (CNN Money)

Mortgage delinquencies will continue to rise over the next six to 12 months as home prices decline and economic conditions remain difficult, according to one forecast released Monday.

Bernanke to D.C.: Fix housing mess

For instance, parts of New England, states in the Great Lakes, including Minnesota, Michigan and Wisconsin, show increased mortgage delinquencies and "notable increases" in unemployment rates, he said. California, Florida and parts of Colorado, on ...

WaMu gets $7 bln infusion, cuts jobs, sees loss

NEW YORK (Reuters) - Washington Mutual Inc (WM.N), battered by mortgage delinquencies and defaults, said Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc and other investors, but projected a $1.1 billion quarterly loss and set plans to eliminate 3,000 jobs.

Q&A: Loan execs urge troubled homeowners to hang on

As the economy increasingly buckles beneath the pressures of mortgage delinquencies and foreclosures, a big question rises to the top: What to do about it?

Stocks drop with banks; Cisco cushions Nasdaq

NEW YORK (Reuters) - The Dow and S&P 500 fell on Tuesday as bank stocks slid on a broker warning about more losses at Citigroup and the Federal Reserve chairman said mortgage delinquencies and foreclosures were likely to rise.

Fannie Mae profit down by more than half in first 9 months of year

WASHINGTON - Fannie Mae's third-quarter loss more than doubled to $1.4 billion, reducing year-to-date profits by more than half, as credit losses and mounting mortgage delinquencies sour its outlook into 2008, the company said Friday.

AIG warns of spreading defaults - Malaysia Star

Earthtimes.orgAIG warns of spreading defaultsMalaysia Star, Malaysia - 18 hours agoNEW YORK: American International Group, one of the biggest US mortgage lenders, warned on Thursday that mortgage defaults are spreading. ...US Mortgage delinquencies, defaults spreading Stuff.co.nz

Amend: Fitch Rates Riverside County, California's $110MM COPs 'AA ... - Business Wire (press release)

Amend: Fitch Rates Riverside County, California's $110MM COPs 'AA ...Business Wire (press release), CA - 8 hours agoThe real estate sector data shows stress from a significant increase in mortgage delinquencies and foreclosures. Also, construction employment gains have ...

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