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Fannie and Freddie suspend foreclosures Mortgage giants Fannie Mae and Freddie Mac have directed their network of servicers to halt all foreclosure and eviction proceedings between Nov. 26 2008 and Jan. 9, 2009, meant to give a recently announced rescue plan time to work. CNN Money Thu, 20 Nov 2008 17:21:00 EST GPT's hotel sales to drag on GPT Group's effort to offload its $800 million hotel portfolio will drag into 2009, because of the economic downturn. The Australian Thu, 20 Nov 2008 13:00:00 GMT Conveyancing tops complaint list QUEENSLAND solicitors are facing renewed calls to give up their monopoly over conveyancing. The Australian Thu, 20 Nov 2008 13:00:00 GMT No job, bad mortgage - out of luck All the foreclosure prevention plans announced to date will do little to help the next wave of delinquent homeowners, who can't make their monthly payments because they've lost their jobs. CNN Money Thu, 20 Nov 2008 11:36:57 EST U.S. tries new tack on housing The Bush administration said Wednesday that it was changing its nearly-moribund mortgage rescue plan in an effort to spark more lenders and homeowners to participate. CNN Money Thu, 20 Nov 2008 10:17:34 EST |
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