Navigant Consulting, Inc. released a report showing an unprecedented escalation in the number of subprime-related filings - as worsening economic conditions promise to drive the litigation volume ever higher.

Fannie Mae said that the Streamlined Modification Program announced by the Federal Housing Finance Agency in November is now available to Fannie Mae servicers and borrowers as an option to help prevent foreclosures.

Wells Fargo & Company has released a"Progress Report on Wells Fargo's Environmental Finance Commitment," describing how it supports environmental markets.

National Loan Auditors now offers an online resource portal for clients to gain up-to-date information on statues and case law pertaining to lending and foreclosure.

What is shaping up as the deepest and longest recession since the 1930s will end in the second half of 2009, Wells Fargo's senior economists predicted during the company's annual economic forecast teleconference.

Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 5.19 percent with an average 0.7 point for the week ending December 18, 2008, down from last week when it averaged 5.47

AllRegs announced that it is now the official and exclusive training provider for the National Association of Mortgage Brokers, the national association representing the mortgage broker industry.

The Treasury Department released the Fiscal Year 2008 Financial Report of the United States Government. The report details the U.S. government's current financial position, as well as its short-term and long-term financial outlook.

Seriously delinquent borrowers with mortgages owned by Freddie Mac or Fannie Mae can now take advantage of a new Streamlined Modification Program designed to make mortgage payments more affordable so more families can avoid foreclosure and stay in their homes.

Last week, rates hit their lowest point in history, and ended the week about a quarter percent lower than where they began. Although the week ahead will be a short one, there are still several economic indicators scheduled for release

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