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RBS sued by City of Cleveland
RBS is being sued by the City of Cleveland over alleged damage done by the bank's subprime mortgage business.
Telegraph

American Tenants Association lines up behind renter foreclosure protection
The American Tenants Association is advocating that states take charge of a growing problem of renters being thrown out of their homes because the mortgage holder goes into foreclosure.
Biz Journal

Time to buy or refinance a home?
New Fed efforts to prop up the housing market have pushed average rates on 30-year fixed mortgages to an all-time low - but both diving in and waiting have risks.
MSN

FBI ramps up fraud probes
THE number of probes by the Federal Bureau of Investigation into corporate fraud and mortgage fraud is growing by the month.
The Australian

Fitch Revises Ratings on MSDW Mortgage Capital Owner Trust 2000-F1
NEW YORK - (Business Wire) Fitch Ratings has revised the ratings on Morgan Stanley Dean Witter (MSDW) Mortgage Capital Owner Trust, series 2000-F1, as follows: --Classes S and X affirmed at 'AA'; --Cl...
Big News Network

RBS traders hid toxic debt
Billions of pounds of 'toxic' subprime mortgages were bought by RBS traders in a spree not disclosed to the bank's board.
Telegraph

Mortgage support Web sites give stressed homeowners an online shoulder to cry on
Sites like DailyStrength.org, and the recently launched TheSurvivorsClub.org, for example, offer resources, tools and connect users with others who are going through foreclosure. The portals cater to homeowners looking for more than advice about the financial complexities of losing a home.
Mercury News

U.S. Seizes Key Cogs for Credit Unions
Regulators seized control of the two largest wholesale credit unions in the U.S. after finding that their losses on mortgage-related securities were even larger than previously thought.
Wall Street Journal

New Lowest Rate for 5-Year Mortgage Term Hits Canadian Market Today
CALGARY, ALBERTA--(Marketwire - March 20, 2009) - It is an unprecedented time in Canadian history as the 5-year mortgage term hits an all time low for consumers making it the perfect time to borrow mo...
Big News Network

New players in jumbo arena
New money is about to flow into an area of the real estate market that has been hardest squeezed by the credit crisis: mortgages too large to be purchased or backed by Fannie Mae, Freddie Mac or the Federal Housing Administration.
Mercury News

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Archived "business - prime mortgage" news stories.

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