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Example Headline for Date
GMAC net loss widens to $3.9 billion
Reuters - Auto and mortgage lender GMAC Financial Services said on Tuesday its quarterly net loss widened to $3.9 billion in the second quarter, from $2.5 billion a year ago, reflecting charges related to the company's incorporation and mortgage losses.
Tips for borrowers dealing with loan servicers
AP - Having trouble paying your mortgage? To find out if you qualify for a loan modification, you'll have to work with a loan servicer — the company that collects your mortgage payments.
Mortgage deliquency rate hits all time high in 2Q
AP - The delinquency rate on U.S. mortgage loans hit an all-time high in the second quarter, but the pace of growth for the rate slowed, a possible sign the mortgage crisis may be beginning to turn the corner.
Wall Street climbs as earnings offset poor housing data
Reuters - Stocks rose on Tuesday after better-than-expected results from retailers Home Depot Inc and Target Corp offset a surprise drop in housing starts.
Prudential Mortgage closes $100M loan
AP - Prudential Mortgage Capital Co. said Thursday it closed a $108 million loan allowing a client to buy several properties in six states owned by real estate investment trust Kimco Realty Corp.
Consumer sentiment at 4-month low
Reuters - U.S. consumer confidence fell to its lowest level in four months in August on worries over high unemployment and dismal personal finances, though the mood improved from earlier this month, a survey showed on Friday.
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