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While other lenders said no, this one said yes (CNN Money)
As the credit crunch hit hard in the third quarter, most banks were forced to cut back their lending. But one group of banks increased lending by an incredible $182 billion. Who were these deep-pocketed lenders -- and are they capable of handling such a large rise in loans, especially at a time when credit markets are unsettled and mortgage defaults on the rise?

Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)
Shares of mortgage lenders mostly rose Tuesday as investors shrugged off more evidence of a decaying housing market. The National Association of Realtors reported Wednesday contracts to buy homes fell 6.5 percent in August.

Lenders pressed to pay for advisers (Boston Globe)
The Patrick administration is pressuring mortgage lenders that initiate foreclosures to pony up as much as $6 million to cover the cost of helping up to 8,000 Massachusetts homeowners who may lose their homes next year.

How lenders set rates (Bankrate.com)
How do lenders set your mortgage rate? Well, actually they don't. While mortgage lenders control who gets approved for a loan and on what terms, actual mortgage interest rates themselves are largely determined on the secondary market, where mortgages are bought and sold.

Mortgage lenders face subprime ‘traffic jam' (Financial Times)
US mortgage companies are being overwhelmed by the large numbers of homebuyers who need to renegotiate their loans to avoid default, creating a "subprime traffic jam" that could frustrate efforts by regulators to prevent foreclosures, experts say.

 
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