Chicago Sun-Times (07/23/09) Knowles, Francine Freddie Mac is using YouTube to educate at-risk homeowners on how to avoid foreclosure and get a loan modification. Freddie Mac recently posted a new two-minute video on the Web site that informs borrowers of what financial documents they need to have on hand prior to contacting a loan servicer. [...]

Mortgage insurer MGIC Investment Corp reported a wider quarterly loss and said it will stop writing new business as losses mount in the battered housing sector.  The company’s losses thus far in 2009 total $524.4 million compared to $134.4 million last year. MGIC is the largest insurer for conventional loans with less than 20% down payment.  [...]

The City of Baltimore is taking Wells Fargo to task for its alledged predatory lending practices. The linked video is a must see at http://www.thinkbigworksmall.com/mypage/player/tbws/12152/1095571