Altamont North Carolina Lenders

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Features
Obama says reviewing TARP, eyeing homeowner relief (Reuters)

Reuters - President-elect Barack Obama said on Wednesday he is reviewing whether taxpayers are getting maximum bang for the buck from a $700 billion government financial rescue package and indicated particular interest in helping prevent mortgage foreclosures.

 
Russia to buy out mortgages from banks (AP)
AP - Russia's government pledged a mortgage buyout Wednesday and announced more aid for major airlines and other companies beyond an existing $200 billion financial rescue package, Russian news agencies reported.
 
Unicredit offers mortgage relief in Italy (AP)
AP - Italy's largest bank Unicredit said Tuesday it will suspend mortgage payment requirements for 12 months without penalties for homeowners in financial difficulty.
 
Mortgage applications post largest gain ever (Reuters)

Reuters - Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday.

 
Mortgage application, refinance volume surge (AP)

AP - Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey.

 
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Altamont NC Lenders