Read more mortgage debt stories on Newserhttp://www.newser.com/taggrid/11017/mortgage-debt.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 18:16:04 CSThttp://www.newser.com/story/70244/mortgage-scammers-prey-on-strapped-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMortgage brokers who made a mint during the housing boom setting up homeowners in toxic loans are now profiting from a different sort of shady deal. So-called foreclosure rescue firms are proliferating across the US, taking money upfront and promising to negotiate with homeowners’ banks for better interest rates. Instead,...http://www.newser.com/story/70244/mortgage-scammers-prey-on-strapped-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 24 Sep 2009 19:50:42 CDThttp://www.newser.com/story/68204/commercial-real-estate-may-set-off-2nd-crisis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJust as the economy starts to recover, a second mortgage disaster may be looming. The commercial real estate sector is tanking, with many properties unable to generate enough cash to make mortgage payments. Lo and behold, those commercial mortgages have been sewn into securities—comparable to the packages of home...http://www.newser.com/story/68204/commercial-real-estate-may-set-off-2nd-crisis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 31 Aug 2009 7:27:11 CDThttp://www.newser.com/story/52450/obama-housing-rescue-plan-leaves-many-out-in-cold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA large swath of Americans will see no help under the Obama administration’s housing rescue plan, the New York Times reports. While designed to prevent 3 million to 4 million foreclosures through loan modifications, the plan doesn't cover those whose loans aren’t backed by Fannie Mae or Freddie Mac, or...http://www.newser.com/story/52450/obama-housing-rescue-plan-leaves-many-out-in-cold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 05 Mar 2009 8:40:27 CSThttp://www.newser.com/story/50735/states-seek-to-restrict-employer-credit-checks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSeveral states and Obama administration officials are seeking restrictions on employers that unfairly screen out job applicants using credit checks, USA Today reports. Spiking unemployment and mortgage foreclosures brought on by the financial crisis have hurt many, and lawmakers say trustworthy people are being shut out of good jobs. Some...http://www.newser.com/story/50735/states-seek-to-restrict-employer-credit-checks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 13 Feb 2009 12:00:10 CSThttp://www.newser.com/story/47458/senate-homeowner-aid-moves-big-step-closer.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA Senate plan to help struggling homeowners keep their houses moved closer to fruition yesterday as Citigroup ended its opposition to the bill, the Wall Street Journal reports. The measure would allow so-called “cramdowns,” in which judges in Chapter 13 bankruptcy cases could set lower principal and interest rates, or...http://www.newser.com/story/47458/senate-homeowner-aid-moves-big-step-closer.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 09 Jan 2009 9:02:05 CSThttp://www.newser.com/story/45989/ireland-buys-75-of-troubled-lender-in-banks-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIreland became the latest nation to partially nationalize struggling banks last night, buying 75% of the deeply troubled Anglo Irish Bank and bailing out others, reports the Financial Times . The bank, whose shares had already dropped 95% from bad mortgage debts, suffered a further blow last week when its CEO...http://www.newser.com/story/45989/ireland-buys-75-of-troubled-lender-in-banks-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 22 Dec 2008 4:33:12 CSThttp://www.newser.com/story/44427/bernanke-plugs-more-help-for-us-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBen Bernanke says more must be done to halt record US home-foreclosure rates, the New York Times reports. The Federal Reserve chief suggested several options today, including the government buying bad mortgages en masse and refinancing them through a government-insured program, and strengthening a scheme aimed at lowering homeowners’ monthly...http://www.newser.com/story/44427/bernanke-plugs-more-help-for-us-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 04 Dec 2008 16:54:52 CSThttp://www.newser.com/story/40987/circle-of-pain-snags-emerging-markets-too.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOnly a few weeks ago, it seemed the main fronts of the financial crisis were the Western banking system and mortgage market. But now the crisis has spread to emerging markets like Russia and Brazil. As Paul Krugman writes in the New York Times , the mantra of “decoupling”—that emerging...http://www.newser.com/story/40987/circle-of-pain-snags-emerging-markets-too.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 27 Oct 2008 12:41:36 CDThttp://www.newser.com/story/38350/hillary-bailout-must-help-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs Congress debates the terms of the $700 billion bailout, Hillary Clinton warns in a Wall Street Journal op-ed that "this is not just a financial crisis; it's an economic crisis." For the New York senator, any federal action has to tackle the underlying causes of the turmoil—starting with...http://www.newser.com/story/38350/hillary-bailout-must-help-homeowners.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 25 Sep 2008 7:09:38 CDT