Latest from The Spokesman-Review

• Mortgage rates hit 4.56 percent, new record low

  July 22, 2010 in Business Mortgage rates fell to a new record low for the fourth time in five weeks. But low rates haven’t been enough to lift a struggling housing market. 3

• Mortgage vs. savings a personal as well as financial decision

  July 13, 2010 in Business on Page A7 I’m 28, single, and just received an $86,000 inheritance. I don’t know if I should pay off my mortgage ($79,836) or invest for retirement. If I pay off my mortgage, …

• Four Wells Fargo Financial stores to close in area

  July 9, 2010 in Business Three Wells Fargo Financial stores in Spokane and one in Coeur d’Alene will close in September as part of a Wells Fargo & Co. restructuring. The company is closing all … 3

• Mortgage delinquencies, foreclosures break records

  May 19, 2010 in Business The mortgage crisis is dragging on the economic recovery as more homeowners fall behind on their payments. 20

• WaMu shareholders can pursue annual meeting

  April 21, 2010 in Business A bankruptcy judge on Wednesday cleared the way for Washington Mutual Inc. shareholders to take legal action to force the company to hold a long overdue annual meeting. 5

• Senate probe finds fraud in WaMu mortgage lending

  April 12, 2010 in Business, Nation/World The mortgage lending operations of Washington Mutual Inc., the biggest U.S. bank ever to fail, were threaded through with fraud, Senate investigators have found. 7

• Government unveils plan to shrink some home loans

  March 26, 2010 in Business, Nation/World After months of criticism that it hasn’t done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home … 7

• Mortgage relief hitting snags

  December 9, 2009 in Business on Page A12 WASHINGTON – Only one in three homeowners who have signed up for the Obama administration’s mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government’s …

• Mortgage rates down to lowest in 38 years

  December 4, 2009 in Business on Page A16 Interest rates on the benchmark 30-year, fixed-rate mortgage dipped to a 38-year low this week, giving consumers another reason to consider purchasing a home or refinancing their current one. Freddie …

• Rules for government-backed loans grow stiffer

  December 3, 2009 in Nation/World on Page A1 WASHINGTON – Millions of homebuyers in the United States will have to come up with more cash and reach higher minimum credit scores to get a government-backed mortgage under changes …

• Mortgage delinquency rate spikes

  November 20, 2009 in Business on Page A12 WASHINGTON – The share of homeowners delinquent on their mortgage or in foreclosure hit a new record during the third quarter, according to industry data released Thursday, which also indicates …

• Foreclosures hitting more people with prime loans

  November 19, 2009 in Business A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, adding to concerns about the strength of the economic recovery. 1

• Obama’s home-loan help questioned

  October 9, 2009 in Business on Page A10 WASHINGTON – The Obama administration’s effort to help homeowners avoid foreclosure may not achieve its goal of helping 3 million to 4 million borrowers and may simply delay mortgage defaults …

• Mortgage relief sets in

  September 10, 2009 in Business on Page A8 WASHINGTON – The Obama administration’s $50 billion mortgage relief program is finally picking up speed after a sluggish and disappointing start: Nearly one in five eligible homeowners have been offered …

• Mortgage woes hit record

  August 21, 2009 in Business on Page A8 WASHINGTON – With the recession throwing thousands of people out of work daily, more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or …

• Mortgage misfortunes keep rising

  May 29, 2009 in Business on Page A10 WASHINGTON – A record 12 percent of all U.S. mortgages were at least one payment behind or in the foreclosure process during the first three months of this year, a …

• Mortgage rates may have bottomed

  May 29, 2009 in Business on Page A10 NEW YORK – Roger Wald recently discovered he would save $25,000 a year if he refinanced his five-year mortgage at 4.75 percent. Wald, an auto body repairman in Sarasota, Fla., … 1

• Mortgage relief bill clears House

  March 6, 2009 in Nation/World on Page A3 WASHINGTON – The House on Thursday passed legislation that would allow bankruptcy judges to modify the terms of troubled home mortgages, overcoming fierce financial industry opposition. The bill, a package …

• Obama unveils foreclosure strategy

  March 5, 2009 in City on Page A1 WASHINGTON – The Obama administration on Wednesday detailed its ambitious $275 billion plan to halt soaring foreclosures nationwide, outlining the financial incentives it’s offering investors, lenders and their bill collectors …

• Several ways to qualify for mortgage aid

  February 20, 2009 in Nation/World on Page A14 Between the $75 billion foreclosure plan President Barack Obama revealed on Wednesday and the $787 billion economic stimulus he signed a day earlier, the government is promising a range of …

• Mortgage plan aims to stanch home loss

  February 19, 2009 in Nation/World on Page A1 MESA, Ariz. – President Barack Obama unveiled a $75 billion foreclosure prevention program Wednesday aimed at arresting one of the root causes of the nation’s economic spiral by helping as …

• Obama unveils $75 billion mortgage relief plan

  February 18, 2009 in Nation/World Seeking to tackle “a crisis unlike any we’ve ever known,” President Barack Obama unveiled an ambitious $75 billion plan Wednesday to keep as many as 9 million Americans from losing …

• Ginnie Mae thrives

  January 31, 2009 in City on Page F1 BOSTON – Home foreclosures and market volatility are running high. So any investment even remotely connected to mortgages is the last place to look if you’re trying to protect your …

• Mortgage renegotiator adds workers

  December 16, 2008 in Business on Page A9 A new Coeur d’Alene company has found a promising niche in mortgage loan modification just as Idaho and Washington officials are advising consumers to be cautious using such services. Apply …

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