News Flash

DISCLAIMER: Snippets are intended as information and in no way represent the entire news article.

July 18, 2008 - -(Dow Jones)- While the U.S. mortgage market has been brought to its knees, Brazilian banks are warming up for a long run in mortgage lending and secondary trading for years to come.

July 18, 2008 - U.S. Representative Barney Frank aims to tie the Treasury’s plan to aid Fannie Mae and Freddie Mac to the federal debt limit, placing a potential constraint on the help.

June 13, 2008 - In Nevada, one in every 118 households received a foreclosure-related notice last month, more than four times the national rate. At this rate, ten percent of all households in Nevada will get a foreclosure notice in the next year and in ten years all households will have received one.

June 13, 2008 - FBI Halts Some Cases to Investigate Mortgage Frauds .. The affected FBI offices are in states including Florida, Georgia, California, Nevada, Arizona, Texas, New York, Ohio, Michigan, Illinois, Indiana and Minnesota, .. All are considered mortgage fraud ``hot spots,'.'