NetBank's shutdown due to mortgage defaults (The Post-Standard)
Washington NetBank Inc., an online bank with $2.5 billion in assets, was shut down by the government Friday because of an excessive level of mortgage defaults.

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.

Bankrate: Mortgage Rates Move Lower (FinanzNachrichten)
NEW YORK, Oct. 4 /PRNewswire-FirstCall/ -- Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.42 percent.

Wells Fargo Offers Online Benefit Administration for Business and Individual Healthcare Consumers (FinanzNachrichten)
SAN FRANCISCO, Oct. 4 /PRNewswire-FirstCall/ -- Wells Fargo today introduced new online portals allowing both businesses and individuals to administer health care benefits online.

Bankrate: Mortgage Rates Move Lower (PR Newswire via Yahoo! Finance)
Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.42 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination points.