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Mortgage rates ease slightly (CNN Money)
Mortgage rates fell slightly after three weeks of gains as the initial effects of credit woes spread to the housing market, Freddie Mac reported Thursday.

Bush is urged to appoint 'mortgage czar' (USA Today)
Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home loans not the loans themselves was to blame for the current global credit crisis.

Financial services firms establish mortgage program in D.C. (bizjournals.com via Yahoo! Finance)
Several financial services companies and organizations announced a $200 million commitment to launch a mortgage program that makes 30-year fixed-rate mortgages available to eligible D.C. residents with little or no credit history.

U.S. mortgage rates drop as credit crunch begins to weigh (Market Watch)
CHICAGO (MarketWatch) -- Long-term mortgage rates eased this week, following consecutive weeks of increases, Freddie Mac's chief economist said on Thursday.

Mortgage Fraud Task Force Takes Action (NBC 6 Miami)
Only NBC 6 was there when the newly formed Miami-Dade Mortgage Fraud Task Force went into action making its first arrests.

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