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ID theft reported by mortgage company  Home mortgage lender Countrywide Financial Corp. has notified some local residents, warning them that their personal information, including Social Security number, allegedly was stolen from its files and may have been sold.

UPDATE: Body found in remote Jersey City area ID'd as missing dirt biker  Police have confirmed that the decomposed body of a man found yesterday in a desolate area of Jersey City is that of a New York man reported missing 11 days ago after riding off on a motorcycle in the area....

Mortgage Crisis Hits Home In South Mississippi  As the financial wheelings and dealings of the mortgage industry continue to be uncovered, Peoples Bank Vice President of Mortgage Banking David Holman has watched and readied his company to respond.

Viewer wants refund from mortgage rescue company   A viewer from Pasco County contacted us about a problem his brother is having with a mortgage rescue company. Turns out he's not alone. The federal government has filed suit against United Home Savers.

Fickle Mortgage Market Demands Quick Decisions  Just about anyone who cares knows that interest rates on a 30-year, fixed-rate mortgage have dropped recently.

Meltdown Ripples Across Hudson  Brokers, developers and analysts in Jersey City said they had reason to be optimistic about the city?s real estate market even after the market downturn.

Reuters Business Summary   U.S. readies massive toxic-debt plan NEW YORK - The U.S. government is preparing to mop up hundreds of billions of dollars in bad mortgage debt, after curbing short-selling and guaranteeing mutual funds in an effort to stabilize financial markets. The moves cap a week in which financial markets faced their most serious confluence of crises since the Great Depression in the ...

NewsWatch: Paulson sends mortgage plan to Congress  Treasury Secretary Henry Paulson presents his historic mortgage rescue plan to Congress and the two sides will meet throughout the day on on the details.

WaMu deal may wait for details of mortgage bailout  A deal for any or all of Washington Mutual could be delayed as potential buyers await the federal plan for a massive mortgage bailout.

$700-billion Wall Street rescue plan sent to Congress  The bill would grant the Treasury secretary expansive new authority to buy troubled mortgage assets, and would raise the government's debt ceiling to $11.3 trillion. WASHINGTON -- The Bush administration this morning formally asked Congress to grant sweeping new powers to the Treasury secretary to buy as much as $700 billion in deeply troubled mortgage-related assets as part of a herculean ...