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Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Wells Fargo: Clearly, there are numerous pitfalls that Wells Fargo will need to navigate, but in the short run, at least, it won. Wells Fargo ...
Former Bush aide: Refinance everybody at 5.25% - Los Angeles Times BlogsFormer White House economic advisor Glenn Hubbard -- that's him pictured just to the left of the president -- is proposing a sweeping plan to boost housing prices by offering across-the-board, government-backed 5.25% refinancing to all American ...
What tools are left for fixing the economy? - Seattle TimesThe commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest-rate cuts. The government still has some unused options — like buying up foreclosed properties and making direct loans to homeowners ...
7 Ways for Obama to Save the Housing Market - US News and World ReportThe Great Housing Bailout of 2009 is coming. The recent announcement by Fannie Mae, Freddie Mac, and Citigroup that they plan to reduce mortgage payments for hundreds of thousands of borrowers facing foreclosures may well be just the beginning of ...
McCain's Mortgage Plan Calls for Lowering Rates for Homeowners - BloombergOct. 10 (Bloomberg) -- Republican John McCain 's plan to refinance distressed home loans includes cutting mortgage rates to just above 5 percent for troubled borrowers, an adviser said. ``We certainly want to get the rates down,'' McCain senior ...
U.S. foreclosure-rescue plan not selling well - Seattle TimesPHILADELPHIA — The federal government's latest efforts to prevent foreclosures are getting a lukewarm response from economists, officials and advocacy groups. Many doubt that lenders, already facing huge losses, will agree to take on more red ink ...
U.S. Has Dwindling Number of Options Left in Economic Toolbox - FOX NewsThe commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged yet again on Thursday. The government still has some unused options — like buying up foreclosed properties and ...
Economist: U.S. recovery likely to start in Q2 of 2009, may take long - Xinhua News AgencyHONG KONG, Oct. 22 (Xinhua) -- The United States economy is entering a sharp but short recession, expecting a sub-par growth in the fourth quarter this year and the first quarter of 2009, while the recovery thereafter will be longer, said Glenn ...
Uncle Sam running out of options - Seattle Post IntelligencerThe commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged yet again on Thursday. The government still has some unused options -- like buying up foreclosed properties and ...
Government is running out of options to bolster economy - Miami HeraldWASHINGTON -- Committing $700 billion didn't impress markets here and around the world. Neither did fresh interest-rate cuts. Neither did the idea that the government would become a part-owner of U.S. banks. So what's left in Uncle Sam's economic ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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