LYCOS RETRIEVER 
Washington Federal
built 238 days ago
Washington Federal's principal lending activity is the origination of real estate mortgage loans to purchase or refinance single-family residences. It ... originates a significant number of construction and land development loans, along with multi-family residential and commercial loans. At September 30, 2007, single-family residential loans totaled $6.1 billion, or 70%, of the Company's gross loan portfolio; construction loans totaled $1 billion, or 12%, of gross loan portfolio; land development loans totaled $914 million, or 10.5%, of the Company's gross loan portfolio; multi-family loans totaled $559 million, or 6.4%, of gross loan portfolio, and commercial loans totaled $136 million, or 1.6%, of the Company's gross loan portfolio. The Company primarily originates 30-year, fixed-rate loans secured by single-family residences.
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WASHINGTON (MarketWatch) -- The mortgage industry should increase its efforts to help homeowners avoid foreclosure, said Federal Reserve Board Governor Randall Kroszner on Monday. About 1.5 million homeowners will face higher interest rates in 2008 as the interest rates on their subprime mortgages reset, Kroszner said. Loan modifications accelerated in the fourth quarter "but more must be done as the number of households facing resets increases," Kroszner said.
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Federal Way In-Depth: Federal Way, Washington is located on the Puget Sound along the corridor between Seattle and Tacoma. In 2005, its population was 83,088 and the $28,016 per capita income was higher than the U.S. average of $25,035.
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ASSOCIATED PRESS WASHINGTON -- Federal health officials are again examining what's known - and what's still to be learned - about the safety of a mercury mixture that's stirred controversy since dentists began using it to fill cavities in the 1800s. A
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WASHINGTON -- Federal authorities are preparing to file criminal charges against nearly a dozen individuals in connection to a years-long investigation into improper stock lending, people familiar with the matter said. Federal prosecutors in Brooklyn, N.Y., and the Securities and Exchange Commission are investigating whether current or former employees at Janney Montgomery Scott LLC, Morgan Stanley and other financial institutions committed fraud by taking kickbacks or engaging in self-dealing while arranging stock-lending agreements, the people said
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WASHINGTON (AP) Federal Reserve policymakers worried at their December meeting about the potential for a vicious cycle to develop in which credit problems could worsen. That could hurt economic growth and force the Fed to act more aggressively in cutting
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