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* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Recasts lead, adds details, quotes, background) ...
Too big to fail. It's a phrase heard often in the wake of the nation's most recent recession - a downturn that saw many U.S. banks falter and collapse under the weight of subprime mortgage loan defaults.
NEW YORK, May 13 (Reuters) - Ally Financial Inc'sResidential Capital unit is nearing a bankruptcy filing, sourcesfamiliar with the situation said on Sunday, in a move that couldhelp the taxpayer-owned ...

Crockett acquires stake in mortgage lender

Posted by mortgage 10 days ago (Editorial)
San Angelo-based Crockett National Bank has acquired a controlling interest in San Antonio's Legacy Mutual Mortgage. Terms weren't disclosed. Legacy Mutual's operations will be run by Dan Diepenhorst, president and CEO, and Josh Sigman, vice president of sales. The firm previously was jointly owned by founder Bob Gardner; San Antonio lawyer Tom Robins; Jim Horan, former CFO; and Diepe
RENO ? President Obama rolled into a modest hilltop neighborhood here to champion his efforts to help underwater homeowners get back on their feet ? and to urge Congress to do more. Standing outside the house of Val and Paul Keller, who have watched the value of their home plummet well below the amount they owe on their mortgage, Obama announced a dramatic spike in the number of Americans ...
NEW YORK -- The law firm of Kirby McInerney LLP announced today that it is investigating potential class action claims against Wells Fargo Home Mortgage in connection with a scheme to improperly inflate ...
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Adds quotes from U.S. housing secretary) May 10 ...
DALLAS, TX-- - Calyx Software
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