MortgageNewsClips: Defaults, CRA Update, Diverting Funds, FRB Dallas on Oil, Lone Star and Bear Res, Boomer Fizzle?, Tom Brown, WaMu, MetLife - Everbank Reverse, Bay State Cashouts, John Mauldin, Bill King at Citadel, Ira Artman Section

June 2nd, 2008 · No Comments

 

New Overdue Home Loans Swamp Effort to Fix Mortgages in Default - Josh P. Hamilton and Bob Ivry - Bloomberg
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CRA update: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies - The criteria used to designate these areas are available on the Federal Financial Institutions Examination Council (FFIEC) website  -  OTS Press Release

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How To Pay For That Housing Bill - Joshua Zumbrun -  Diverting funds from Fannie and Freddie will lower costs, but big risks remain. - Forbes

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worth reading - “Crude Awakening: Behind the Surge in Oil Prices” - Economic Letter - FRB Dallas
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What JPMorgan Didn’t Get: Lo