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<title>Mortgage Lending News / Published Mortgage News / Mortgages</title>
<link>http://www.mortgage-lending-news.com</link>
<description>Pligg Web 2.0 Content Management System  votes</description>
<pubDate>Mon, 13 Oct 2008 21:00:29 CDT</pubDate>
<language>en</language>
<item>
<title><![CDATA[Bankers Blast FASB Fair Value Guidance]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Bankers_Blast_FASB_Fair_Value_Guidance/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Bankers_Blast_FASB_Fair_Value_Guidance/</comments>
<pubDate>Mon, 13 Oct 2008 21:00:29 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Bankers_Blast_FASB_Fair_Value_Guidance/</guid>
<description><![CDATA[A letter from the American Bankers Association to the chairman of the Securities and Exchange Commission  requests that the regulator override a staff position on FAS Statement No. 157 issued by the Financial Accounting Standards Board. ABA explained that FASB's guidance requires that liquidity risk, from the buyer's perspective, be included in the cash-flow calculation -- leading back to distressed value as the basis for valuation. ABA also noted that large banks have too many transactions to <br/><br/>4 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[2 Midwest Banks Fail]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/2_Midwest_Banks_Fail/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/2_Midwest_Banks_Fail/</comments>
<pubDate>Sun, 12 Oct 2008 21:00:15 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/2_Midwest_Banks_Fail/</guid>
<description><![CDATA[The Illinois Department of Financial Professional Regulation's Division of Banks closed down Meridian Bank, according to a statement. National Bank has assumed the $37 million in deposits of Meridian. In addition, the Michigan Office of Financial and Insurance Regulation closed Main Street Bank. Monroe Bank &amp;amp; Trust took over Main Street's $86 million in deposits.<br/><br/>3 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[What's in the McCain mortgage plan?]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Whats_in_the_McCain_mortgage_plan/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Whats_in_the_McCain_mortgage_plan/</comments>
<pubDate>Sun, 12 Oct 2008 11:00:14 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Whats_in_the_McCain_mortgage_plan/</guid>
<description><![CDATA[Presidential nominee Sen. John McCain proposed spending $300 billion to buy bad mortgages. What impact will it have?<br/><br/>3 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Will the federal mortgage plan help you?]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Will_the_federal_mortgage_plan_help_you/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Will_the_federal_mortgage_plan_help_you/</comments>
<pubDate>Sat, 11 Oct 2008 11:00:05 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Will_the_federal_mortgage_plan_help_you/</guid>
<description><![CDATA[The Hope for Homeowners plan will entice hundreds of thousands of homeowners. But who will really be helped?<br/><br/>3 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[New No. 1?]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/New_No-_1/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/New_No-_1/</comments>
<pubDate>Fri, 10 Oct 2008 21:00:15 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/New_No-_1/</guid>
<description><![CDATA[Wells Fargo &amp;amp; Co.  reported yesterday that Citigroup Inc. has dropped its bid for Wachovia Corp. The move leaves Wells on track to complete a stock-swap acquisition by the end of this year. Combined, W&amp;amp;W originated nearly $80 billion during the second quarter, well above the $58 billion in residential third-quarter production reported by Bank of America Corp. -- including volume from recently acquired Countrywide Financial Corp. The merged entity could wind up as the No. 1 U.S. mortgage<br/><br/>5 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Lawsuit Dropped Against Illinois Sheriff]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Lawsuit_Dropped_Against_Illinois_Sheriff/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Lawsuit_Dropped_Against_Illinois_Sheriff/</comments>
<pubDate>Fri, 10 Oct 2008 21:00:12 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Lawsuit_Dropped_Against_Illinois_Sheriff/</guid>
<description><![CDATA[On Wednesday, the sheriff of  Cook County, Illinois, issued a statement indicating he is suspending all foreclosure evictions. The following day, Accredited Home Lenders filed a petition againstthe county seeking to have a former borrower evicted from her foreclosed home. One day later, Accredited decided to withdraw its petition.<br/><br/>4 Vote(s) ]]></description>
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<item>
<title><![CDATA[MTA at 30-Month Low]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/MTA_at_30-Month_Low/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/MTA_at_30-Month_Low/</comments>
<pubDate>Thu, 09 Oct 2008 21:00:18 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/MTA_at_30-Month_Low/</guid>
<description><![CDATA[The monthly Treasury average was 2.48 percent during September, according to Federal Reserve data. The index was lower than in August and in September 2007. In fact, MTA has not been this low since March 2005.<br/><br/>6 Vote(s) ]]></description>
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<item>
<title><![CDATA[Move by Sheriff Threatens Chicago Lending]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Move_by_Sheriff_Threatens_Chicago_Lending/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Move_by_Sheriff_Threatens_Chicago_Lending/</comments>
<pubDate>Thu, 09 Oct 2008 21:00:17 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Move_by_Sheriff_Threatens_Chicago_Lending/</guid>
<description><![CDATA[Cook County's sheriff has issued a statement indicating he is suspending all foreclosure evictions. The county is home to the City of Chicago. A local banking trade group executive reportedly said that if lenders can't be assured that they have the ability to take over collateral upon default, &amp;quot;we simply won't make the loan.&amp;quot;<br/><br/>4 Vote(s) ]]></description>
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<item>
<title><![CDATA[Rates have wild swings]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Rates_have_wild_swings/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Rates_have_wild_swings/</comments>
<pubDate>Thu, 09 Oct 2008 11:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Rates_have_wild_swings/</guid>
<description><![CDATA[Jaw-dropping gyrations in rates continue. Today we got a surprise Fed rate cut. And guess what? Mortgage rates went up.<br/><br/>5 Vote(s) ]]></description>
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<item>
<title><![CDATA[Federal Reserve Initiates Emergency Rate Cut]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Federal_Reserve_Initiates_Emergency_Rate_Cut/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Federal_Reserve_Initiates_Emergency_Rate_Cut/</comments>
<pubDate>Wed, 08 Oct 2008 21:00:09 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Federal_Reserve_Initiates_Emergency_Rate_Cut/</guid>
<description><![CDATA[Early this morning the Federal Reserve, in conjunction with the European Central Bank, Bank of England, and Swiss, Canadian and Swedish banks, initiated a &amp;#189; point global rate cut in an effort to calm roiling global financial markets.Read More<br/><br/>5 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Judgment in Favor of Lenders on Escrow Interest]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Judgment_in_Favor_of_Lenders_on_Escrow_Interest/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Judgment_in_Favor_of_Lenders_on_Escrow_Interest/</comments>
<pubDate>Wed, 08 Oct 2008 21:00:07 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Judgment_in_Favor_of_Lenders_on_Escrow_Interest/</guid>
<description><![CDATA[A class-action lawsuit filed against Prudential Federal Savings and Loan Association in 1975 in state district court sought earnings on escrow accounts be paid to borrowers. Prudential was subsequently acquired by Washington Mutual Bank. After the case was appealed and remanded back to the state district court, the Utah Supreme Court ruled in favor of WaMu. Federal preemption was cited in the decision.<br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[TARP&amp;nbsp;Gives Hope to Mortgage Sector]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/TARPnbspGives_Hope_to_Mortgage_Sector/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/TARPnbspGives_Hope_to_Mortgage_Sector/</comments>
<pubDate>Wed, 08 Oct 2008 21:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/TARPnbspGives_Hope_to_Mortgage_Sector/</guid>
<description><![CDATA[Under H.R.1424, the Emergency Economic Stabilization Act of 2008, the Troubled Asset Relief Program enables the Treasury to purchase $700 billion in illiquid mortgage assets. Throwing nearly three-quarters of a trillion dollars at this problem is very likely to yield some pretty positive results. In addition to freeing up capital for the current holders of the investments, it will also establish prices where no bidding had been occurring. Furthermore, with so much money flowing through the seco<br/><br/>5 Vote(s) ]]></description>
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<item>
<title><![CDATA[Broker Share, Loan Profits Decline]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Broker_Share_Loan_Profits_Decline/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Broker_Share_Loan_Profits_Decline/</comments>
<pubDate>Tue, 07 Oct 2008 21:00:09 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Broker_Share_Loan_Profits_Decline/</guid>
<description><![CDATA[Mortgage broker share accounted for 25 percent of 2007 residential originations, according to a cost study released by the Mortgage Bankers Association. Broker share fell from 38 percent in 2006. Meanwile, mortgage banking firms saw production profits of a negative $560 on a per-loan basis last year. In 2006, mortgage bankers lost just $50 per loan.<br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[CitiMortgage Reduces Broker Business]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/CitiMortgage_Reduces_Broker_Business/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/CitiMortgage_Reduces_Broker_Business/</comments>
<pubDate>Tue, 07 Oct 2008 21:00:08 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/CitiMortgage_Reduces_Broker_Business/</guid>
<description><![CDATA[CitiMortgage is cutting off some of its mortgage brokers, a spokesman told MortgageDaily.com in an interview. &amp;quot;In the current challenging environment, we are redefining the wholesale business model to work with a smaller, targeted group of brokers,&amp;quot; the spokesman said in a written statement. Sister company CitiFinancial severed relationships with more than 1000 mortgage brokers in 2001 following the acquisition of Associates First Capital Corp.<br/><br/>4 Vote(s) ]]></description>
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<title><![CDATA[U.S. Subprime Losses Projected at $1.4 Trillion]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/U-S-_Subprime_Losses_Projected_at_1-4_Trillion/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/U-S-_Subprime_Losses_Projected_at_1-4_Trillion/</comments>
<pubDate>Tue, 07 Oct 2008 21:00:08 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/U-S-_Subprime_Losses_Projected_at_1-4_Trillion/</guid>
<description><![CDATA[A report published by the International Monetary Fund said financial institutions have been shedding bad assets, reducing borrowing and seeking new capital. Through September, losses on U.S.-based loans and securities of $0.6 trillion had already been realized, the report said. The IMF now projects losses could ultimately reach $1.4 trillion -- climbing from an estimate of $0.9 trillion in April.<br/><br/>4 Vote(s) ]]></description>
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<title><![CDATA[The odd case of S&amp;P, Georgia]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/The_odd_case_of_SP_Georgia/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/The_odd_case_of_SP_Georgia/</comments>
<pubDate>Tue, 07 Oct 2008 11:00:03 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/The_odd_case_of_SP_Georgia/</guid>
<description><![CDATA[Six years ago, Georgia enacted the Georgia Fair Lending Act, which made lenders and mortgage investors legally liable for any predatory loans that they underwrote or bought. Standard &amp; Poor's objected.<br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[Countrywide loan mods]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Countrywide_loan_mods/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Countrywide_loan_mods/</comments>
<pubDate>Tue, 07 Oct 2008 11:00:03 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Countrywide_loan_mods/</guid>
<description><![CDATA[The owner of Countrywide promises to modify hundreds of thousands of mortgages to settle a lawsuit.<br/><br/>4 Vote(s) ]]></description>
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<item>
<title><![CDATA[400,000 struggling Countrywide customers will get their mortgages rewritten]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/400000_struggling_Countrywide_customers_will_get_their_mortgages_rewritten/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/400000_struggling_Countrywide_customers_will_get_their_mortgages_rewritten/</comments>
<pubDate>Mon, 06 Oct 2008 21:00:13 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/400000_struggling_Countrywide_customers_will_get_their_mortgages_rewritten/</guid>
<description><![CDATA[Payments will be lowered to 34% of a borrower's income.<br/><br/>4 Vote(s) ]]></description>
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<title><![CDATA[A Solution That Works - Quicken Loans Chairman Dan Gilbert's Proposal To Fix The Housing Crisis]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/A_Solution_That_Works_-_Quicken_Loans_Chairman_Dan_Gilberts_Proposal_To_Fix_The_Housing_Crisis/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/A_Solution_That_Works_-_Quicken_Loans_Chairman_Dan_Gilberts_Proposal_To_Fix_The_Housing_Crisis/</comments>
<pubDate>Mon, 06 Oct 2008 21:00:10 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/A_Solution_That_Works_-_Quicken_Loans_Chairman_Dan_Gilberts_Proposal_To_Fix_The_Housing_Crisis/</guid>
<description><![CDATA[We&amp;#039;d like to offer a solution for the housing crisis straight from the Quicken Loans Chairman, Dan Gilbert. For the full story and to get involved, please visit www.ASolutionThatWorks.com.Read More<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Mother of All Settlements]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Mother_of_All_Settlements/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Mother_of_All_Settlements/</comments>
<pubDate>Mon, 06 Oct 2008 21:00:08 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Mother_of_All_Settlements/</guid>
<description><![CDATA[Bank of America Corp. announced that it has reached agreements with several states to resolve outstanding claims against Countrywide Financial Corp. The announcement indicated BoA will provide up to $8.4 billion in interest rate and principal reductions to systematically modify loans for nearly 400,000 troubled borrowers. &amp;quot;The Countrywide settlement will likely become the largest predatory lending settlement in history,&amp;quot; a statement from California's attorney aeneral said.<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Bailout Satire]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Bailout_Satire/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Bailout_Satire/</comments>
<pubDate>Mon, 06 Oct 2008 21:00:07 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Bailout_Satire/</guid>
<description><![CDATA[A skit on the latest Saturday Night Live provided a humorous but comprehensive overview of the mortgage crisis. It started with joint speeches by a clueless President Bush, a condescending House Speaker Nancy Pelosi and a grossly lisping House Financial Services Committee Chairman Rep. Barney Frank. The Pelosi character introduced subprime victims, including two men who qualified for loans with no credit, no job, criminal records, drug problems and gambling problems. One said he was a double vi<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[BoA Originations Dive]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/BoA_Originations_Dive/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/BoA_Originations_Dive/</comments>
<pubDate>Mon, 06 Oct 2008 21:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/BoA_Originations_Dive/</guid>
<description><![CDATA[Third-quarter production was $58 billion at Bank of America Corp., earnings data indicated. Fundings, including prior activity from Countrywide Financial Corp., sank from $93 billion in the second quarter. During the third-quarter 2007, combined volume was $142.6 billion.<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Over 9,000 Mortgage Layoffs in Q3]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Over_9000_Mortgage_Layoffs_in_Q3/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Over_9000_Mortgage_Layoffs_in_Q3/</comments>
<pubDate>Mon, 06 Oct 2008 09:00:08 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Over_9000_Mortgage_Layoffs_in_Q3/</guid>
<description><![CDATA[From July 1, 2008, to Sept. 30, 2008, MortgageDaily.com tracked 10,131 U.S. mortgage layoffs and 996 mortgage hirings. The net job losses of 9,135 tumbled from losses of 49,451 during the third-quarter 2007. Still, job losses nearly doubled from the second quarter's net job losses of 4,578.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Now for the Swedish Plan]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Now_for_the_Swedish_Plan/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Now_for_the_Swedish_Plan/</comments>
<pubDate>Sun, 05 Oct 2008 11:00:03 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Now_for_the_Swedish_Plan/</guid>
<description><![CDATA[The government should invest in the major banks of New York and elsewhere and essentially take them over and run them for a few years, and then sell off its stake to private investors, an economist says.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[A vague debate]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/A_vague_debate/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/A_vague_debate/</comments>
<pubDate>Sun, 05 Oct 2008 11:00:03 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/A_vague_debate/</guid>
<description><![CDATA[At last night's vice-presidential debate, moderator Gwen Ifill asked a wrong-headed question about the mortgage crisis.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Mortgage rates rise in volatile week]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Mortgage_rates_rise_in_volatile_week/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Mortgage_rates_rise_in_volatile_week/</comments>
<pubDate>Sat, 04 Oct 2008 11:00:04 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Mortgage_rates_rise_in_volatile_week/</guid>
<description><![CDATA[Mortgage rates went up again in a volatile week marked by political tumult.<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Video: How to compare mortgage offers]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Video_How_to_compare_mortgage_offers/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Video_How_to_compare_mortgage_offers/</comments>
<pubDate>Sat, 04 Oct 2008 11:00:03 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Video_How_to_compare_mortgage_offers/</guid>
<description><![CDATA[When shopping for a mortgage, compare rates as well as fees.<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Mortgage Jobs Off, Brokers Up]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Mortgage_Jobs_Off_Brokers_Up/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Mortgage_Jobs_Off_Brokers_Up/</comments>
<pubDate>Fri, 03 Oct 2008 21:00:07 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Mortgage_Jobs_Off_Brokers_Up/</guid>
<description><![CDATA[The number of people working in the mortgage industry was 349,100 during August, according to data released by the Bureau of Labor Statistics. Employment fell from July and the prior August. However, the number of mortgage and nonmortgage loan brokers accounted rose.<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Bailout Bill Now Law]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Bailout_Bill_Now_Law/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Bailout_Bill_Now_Law/</comments>
<pubDate>Fri, 03 Oct 2008 21:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Bailout_Bill_Now_Law/</guid>
<description><![CDATA[H.R.1424, the Emergency Economic Stabilization Act of 2008, was signed today by the president Friday. The bill was passed earlier in the date by the U.S. House of Representatives. Today's passage and signing followed a 74 to 25 approval vote in the Senate on Monday.<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Consumer Bankruptcies Down]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Consumer_Bankruptcies_Down/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Consumer_Bankruptcies_Down/</comments>
<pubDate>Fri, 03 Oct 2008 21:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Consumer_Bankruptcies_Down/</guid>
<description><![CDATA[Bankruptcy was filed by more than 88,000 consumers during September, the American Bankruptcy Institute reported. Filings fell from more than 95,000 in August, the group said. But  filings were nearly 30 percent higher than a year earlier.<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[University of Mortgage Leads]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/University_of_Mortgage_Leads/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/University_of_Mortgage_Leads/</comments>
<pubDate>Fri, 03 Oct 2008 21:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/University_of_Mortgage_Leads/</guid>
<description><![CDATA[Data Warehouse and MarketerNet Holdings LLC have merged to create Tranzact Information Services LLC, a statement from the companies' parent said. LeadMailbox has added a feature that enables originators to direct prospective borrowers to realtors, a press release said. Mortech was recognized as innovator of the year at the 2008 LendingTree Partner Summit, a recent press release said.<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Research mortgage fees]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Research_mortgage_fees/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Research_mortgage_fees/</comments>
<pubDate>Fri, 03 Oct 2008 11:00:04 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Research_mortgage_fees/</guid>
<description><![CDATA[When shopping for a mortgage, be sure to get a complete list of all fees.<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Short sale, long profit?]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Short_sale_long_profit/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Short_sale_long_profit/</comments>
<pubDate>Fri, 03 Oct 2008 11:00:04 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Short_sale_long_profit/</guid>
<description><![CDATA[A short-sale saves both homeowner and lender the expense of foreclosure.<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Uncle Sam Rescues Fannie Mae and Freddie Mac - Quicken Loans Podcast Series]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Uncle_Sam_Rescues_Fannie_Mae_and_Freddie_Mac_-_Quicken_Loans_Podcast_Series/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Uncle_Sam_Rescues_Fannie_Mae_and_Freddie_Mac_-_Quicken_Loans_Podcast_Series/</comments>
<pubDate>Thu, 02 Oct 2008 21:00:09 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Uncle_Sam_Rescues_Fannie_Mae_and_Freddie_Mac_-_Quicken_Loans_Podcast_Series/</guid>
<description><![CDATA[Welcome to the latest in a new series of audio news stories from Quicken Loans Relationship Marketing Manager Mark Smith. Today&amp;#039;s podcast is titled &quot;Uncle Sam rescues Fannie Mae and Freddie Mac&quot; and details the Federal Government&amp;#039;s bailout of mortgage giants Fannie Mae and Freddie Mac.<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Erratic Behavior on ARM&amp;nbsp;Indices]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Erratic_Behavior_on_ARMnbspIndices/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Erratic_Behavior_on_ARMnbspIndices/</comments>
<pubDate>Thu, 02 Oct 2008 21:00:07 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Erratic_Behavior_on_ARMnbspIndices/</guid>
<description><![CDATA[The yield on the 1-year Treasury was 1.72 percent on Wednesday, according to data published by the U.S. Department of the Treasury. The 1-year yield tumbled from 1.90% a week earlier. The 6-month London Interbank Offered Rate was 3.98% as of Oct. 1, Bankrate.com reported. A week earlier, LIBOR&amp;nbsp;stood at 3.47%.<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Subprime Reset Defaults Low as Foreclosures Sales Fall]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Subprime_Reset_Defaults_Low_as_Foreclosures_Sales_Fall/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Subprime_Reset_Defaults_Low_as_Foreclosures_Sales_Fall/</comments>
<pubDate>Thu, 02 Oct 2008 21:00:07 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Subprime_Reset_Defaults_Low_as_Foreclosures_Sales_Fall/</guid>
<description><![CDATA[During August, mortgage servicers completed 86,594 foreclosure sales, data released today from the HOPE NOW alliance indicated.  Foreclosure sales fell from 91,752 in July. Of 1.1 million subprime ARMs with resets scheduled between January 2008 and August 2008, only 1 percent of the loans that were current prior to the reset date subsequently defaulted.<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Reverse Mortgage Updates]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Reverse_Mortgage_Updates/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Reverse_Mortgage_Updates/</comments>
<pubDate>Thu, 02 Oct 2008 21:00:06 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Reverse_Mortgage_Updates/</guid>
<description><![CDATA[The maximum loan amount on a home-equity conversion mortgage will soon be raised to $417,000, the National Reverse Mortgage Lenders Association announced. The new limit applies to all U.S.  countys. The exisiting limit, which will likely stay in effect through this month, was higher in some counties.<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Calculators reveal best mortgage option]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Calculators_reveal_best_mortgage_option/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Calculators_reveal_best_mortgage_option/</comments>
<pubDate>Thu, 02 Oct 2008 11:00:03 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Calculators_reveal_best_mortgage_option/</guid>
<description><![CDATA[Use online calculators to determine if paying points is the right option for you, says Dr. Don Taylor.<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Senate Passes Fatter Bailout Package]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/Senate_Passes_Fatter_Bailout_Package/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/Senate_Passes_Fatter_Bailout_Package/</comments>
<pubDate>Thu, 02 Oct 2008 09:00:10 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/Senate_Passes_Fatter_Bailout_Package/</guid>
<description><![CDATA[By a vote of 74 to 25, the U.S. Senate passed the Emergency Economic Stability Act. The bill includes a $700 billion package to buy toxic mortgages. Other provisions to the bill include an increase to $250,000 from $100,000 the maximum insurance coverage for bank deposits.<br/><br/>3 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[In Spite of Low Mortgage Rates, Wall Street Worries Drive Down National Mortgage Activity]]></title>
<link>http://www.mortgage-lending-news.com/Mortgages/In_Spite_of_Low_Mortgage_Rates_Wall_Street_Worries_Drive_Down_National_Mortgage_Activity/</link>
<comments>http://www.mortgage-lending-news.com/Mortgages/In_Spite_of_Low_Mortgage_Rates_Wall_Street_Worries_Drive_Down_National_Mortgage_Activity/</comments>
<pubDate>Wed, 01 Oct 2008 21:00:10 CDT</pubDate>
<dc:creator></dc:creator>
<category>Mortgages</category>
<guid>http://www.mortgage-lending-news.com/Mortgages/In_Spite_of_Low_Mortgage_Rates_Wall_Street_Worries_Drive_Down_National_Mortgage_Activity/</guid>
<description><![CDATA[Mortgage rates have remained low, but ongoing financial unrest on Wall Street continues to have a negative impact on the national mortgage market.<br/><br/>3 Vote(s) ]]></description>
</item>

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