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• Open Caption: Merrills Mortgages  New York Times - Aug 07 8:15 AM DealBook just got a lovely postcard from London, but it didnt have Big Ben or Parliament on the front. No, some wag across the Atlantic sent us a photo of a different kind of landmark call it a memento of the mortgage mess.



• Delinquencies for 2007 mortgages outpacing 2006: report  Reuters via Yahoo! News - Aug 07 6:16 AM  Delinquencies of prime mortgages originated in 2007 are outpacing those made in 2006, suggesting the U.S. housing and financial crisis may be deeper than initial estimates, the Wall Street Journal said on Thursday.



• Mortgages Ltd. faces securities inquiry  The Arizona Republic - Aug 07 6:14 PM Lender under scrutiny over dealings with investors.



• Mortgages: New fees by Fannie Mae may drive mortgage rates higher  Market Watch - Aug 07 8:28 AM The average rate on the 30-year fixed mortgage remained flat this week, and other mortgage rates moved little, according to Freddie Macs weekly survey released on Thursday. But a new fee structure announced by Fannie Mae may push rates higher in the weeks ahead.



• Rates on 30-year mortgages hold steady, but other rates are mixed  WFMJ Youngstown - Aug 07 8:35 PM WASHINGTON (AP) - Rates on 30-year mortgages didn't budge this week, while rates on other home loans were mixed. Freddie Mac, the mortgage company, reports that 30-year, fixed-rate mortgages averaged 6.52% this week. That's the same as last week's rate, the second-highest of the year.

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