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Mortgage company begins foreclosure process on Guerra’s home
RAYMONDVILLE - A mortgage company is foreclosing on District Attorney Juan Angel Guerra's house, according to notice posted at the Willacy County courthouse.

Treasury weighs mortgage market intervention to cut rates
WASHINGTON -- The Treasury Department is strongly considering a plan to intervene directly into the mortgage industry to dramatically force down rates and stimulate the housing market, according to sources familiar with the proposal.

Capital One May Acquire a Rival Bank
In the latest sign of consolidation among midsize American banks, Capital One Financial plans to buy Chevy Chase Bank for about $520 million, The New York Times’s Eric Dash reported. The deal will allow it to rely more on customer deposits for financing.

Mortgage freeze hard on self-employed
The government’s recent moves to backstop the mortgage market have made it easier for many people with decent credit scores to get a loan. But for many self-employed people — even those with pristine credit — the mortgage freeze has yet to thaw.

Central Kentucky for the record Records are gathered from the county clerks' offices and from the Fayette County ...
Fayette Lawsuits Wells Fargo Bank vs. Cameron A. Schwartz et al. for $126,944, etc., claimed due on a mortgage. CitiMortgage Inc. vs. David C. Walls et al. for $81,019, etc., claimed due on a mortgage.

Avoiding your own mortgage collapse
It used to be that homeowners struggling to meet their mortgage payments had two options -- refinance or sell the house. Foreclosures happened mainly to those who lost a job or suffered a medical misfortune.

Ineffective Remedies
Foreclosures totaled 1.2 million in the first half of 2008, compared to 1.5 million in all of 2007. Some experts predict close to 3 million in 2009. They cite several causes.