Mortgage News Feb 2006

Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006 | Jun 2006 | May 2006 | Apr 2006 | Mar 2006 | Feb 2006

Previous 1 2 3 4 5 6 7 Next

MBA: Mortgage applications down last week
Index measuring home loan activity drops to its lowest level in two years, industry group says; third consecutive weekly decline. (Wed, 15 Feb 2006 12:48:51 GMT)

U.S. mortgage applications down
WASHINGTON, Feb. 15 (UPI) -- U.S. mortgage applications last week fell 7.3 percent, an industry group said Wednesday. The Mortgage Bankers Association said that for the week ending Feb. 10 its index of applications hit 574.1 from the previous week's 619.3. (Wed, 15 Feb 2006 13:12:49 GMT)

Obama, Durbin propose federal mortgage reforms
Sen. Barack Obama (D-Ill.) proposed a sweeping set of federal reforms Tuesday to combat mortgage fraud, ratcheting up enforcement and creating a national database of brokers who have been disciplined. (Wed, 15 Feb 2006 13:24:34 GMT)

Home loan applications fall 3rd straight week
Mortgage applications fell for a third consecutive week as demand for loans to purchase homes dropped to its lowest level in over two years, an industry trade group said Wednesday. (Wed, 15 Feb 2006 14:13:14 GMT)

Home Equity Income Trust Subsidiary Issues $105 Million of Medium Term Notes
Home Equity Income Trust today announced that its subsidiary, CHIP Mortgage Trust , has arranged the sale of $105,000,000 of medium term notes . The dealer syndicate for the sale was led by RBC Capital Markets and included Scotia Capital Inc. (Wed, 15 Feb 2006 16:12:00 GMT)

Stocks Edge Higher as Bernanke Speaks
The new Fed chairman began his first testimony to Congress. Economic reports shared the spotlight (Wed, 15 Feb 2006 16:28:35 GMT)

Frontenac Mortgage Investment Corporation announces the resignation of member of Board of Directors, Paul Chabot
Frontenac Mortgage Investment Corporation announced the resignation of Mr. Paul Chabot from the Board of Directors today. (Wed, 15 Feb 2006 17:38:00 GMT)

City man guilty of tricking senior citizen out of home
An Annapolis man who tricked an elderly man with dementia out of his home, then used the house as collateral to get a $45,000 loan from a bank, agreed yesterday to spend five years in prison. (Wed, 15 Feb 2006 20:14:04 GMT)

Weekly Home Mortgage Rates
Weekly Home Mortgage Rates (Wed, 15 Feb 2006 20:24:46 GMT)

Weekly Home Mortgage Rates
Average mortgage rates for single-family homes in the 10 largest metropolitan areas as of Feb. 15 as compiled by bankrate.com. The rates are for 30-year, fixed-rate mortgages for 80 percent of the value of the house. A point is a one-time fee equaling one percent of mortgage. (Wed, 15 Feb 2006 20:48:40 GMT)

Washington Mutual Consolidates Home Loan Support Offices
SEATTLE----Feb. 15, 2006--Washington Mutual Inc. , a leading provider of financial services to consumers and small businesses, today announced that it would consolidate the network of processing offices that provide administrative support to its home loan businesses from 26 to 16 offices. (Wed, 15 Feb 2006 21:00:00 GMT)

Local Company Provides Cash Solutions for Commercial Property Owners
fast! By using a simplified 3-step applicationprocess similar to a residential mortgage, loans generally close withinfour to six weeks of the initial loan application. They lend up to $1million and finance most commercial property types. 'We have solved theself-employed borrower dilemma with stated income/stated asset underwritingfor commercial loans,' said Shane Martin, partner of Martin & (Wed, 15 Feb 2006 22:17:29 GMT)

Local Company Provides Cash Solutions for Commercial Property Owners
fast! By using a simplified 3-step applicationprocess similar to a residential mortgage, loans generally close withinfour to six weeks of the initial loan application. They lend up to $1million and finance most commercial property types. 'We have solved theself-employed borrower dilemma with stated income/stated asset underwritingfor commercial loans,' said Shane Martin, partner of Martin & (Wed, 15 Feb 2006 22:54:13 GMT)

Public Trust’s Fixed Mortgage Rate
Public Trust today dropped its one year fixed mortgage rate to 7.99%; down from 8.30%. This new rate for a one year term undercuts those currently offered by the five major banks, and is lower than Kiwibank. The new rate takes effect from today, Thursday, 16 February. (Wed, 15 Feb 2006 22:54:17 GMT)

Short Cuts
Maybe it would have been better if KMOX's John Carney had tried a different toupee joke on the king of annoying ads, Ray Vinson . In the incessant commercials for American Equity Mortgage, it's Vinson's voice that gives the twangy reading of his company's phone number: 878-nahnty-nahn-nahnty-nahn . He sounds like a bad impersonation of Strother Martin in Cool Hand Luke , although in Vinson's case (Thu, 16 Feb 2006 00:35:04 GMT)

MMA Financial Announces Mortgage Banking Relationship with Churchill Financial, LLC
FEBRUARY 13, 2006 -- Baltimore--MMA Financial, Inc., the operating subsidiary of MuniMae, has entered into an agreement with Churchill Financial, LLC, a private mortgage banking firm. (Thu, 16 Feb 2006 01:04:45 GMT)

Deal of the Day: GMAC Commercial Mortgage Affiliates Provide Over $69M to Finance Illinois Multifamily Community
FEBRUARY 15, 2006 -- Bolingbrook, Ill.--Newman & Associates, a division of GMAC Commercial Holding Capital Markets Corp. (Newman), Newman Capital and GMAC Commercial Mortgage's LIHTC division (GMACCM LIHTC), all affiliates of GMAC Commercial Mortgage Corporation (GMACCM), recently closed on approximately $69.4 million in debt and equity for the acquisition and rehabilitation of Amberton (Thu, 16 Feb 2006 01:04:58 GMT)

Washington Mutual Closing 10 Home Loan Support Offices, Laying Off 2,500 Workers
Washington Mutual Inc., the nation's largest savings and loan, said Wednesday it will cut 2,500 jobs by closing 10 home loan support offices as it scales back to better match current mortgage market demand. (Thu, 16 Feb 2006 01:50:03 GMT)

Washington Mutual closing 10 loan offices, laying off 2,500
SEATTLE - Seattle-based Washington Mutual, the nation's largest savings and loan company, says it will cut 2,500 jobs by closing 10 home-loan support offices. (Thu, 16 Feb 2006 02:30:36 GMT)

(AFX UK Focus) 2006-02-16 02:19 GMT: HSBC to cut Hong Kong mortgage loan rate to 5.0 pct from 5.5 pct
HONG KONG (AFX) - HSBC said it will cut its home mortgage loan rate to 5.0 pct from 5.5 pct, effective from Feb 16 until the end of March. (Thu, 16 Feb 2006 02:50:18 GMT)

Mortgage Application Volume Down In Latest Weekly Survey
FEBRUARY 15, 2006 -- Washington, D.C.--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 10. The Market Composite Index-a measure of mortgage loan application volume was 574.1- a decrease of 7.3 percent on a seasonally adjusted basis from 619.3 one week earlier. (Thu, 16 Feb 2006 03:04:34 GMT)

Washington Mutual Closing 10 Home Loan-Processing Centers, Laying Off 2,500 Workers
Washington Mutual Inc., the nation's largest savings and loan, said Wednesday it will cut 2,500 jobs in the coming months by closing 10 home loan-processing centers and more than three dozen smaller support offices as it trims staff to match slower demand for mortgages. (Thu, 16 Feb 2006 03:34:56 GMT)

Return to Publication
YOUR # 1Source FOR GREAT LOANS NJ Licensed Mortgage Banker . Purchase Mortgages . Debt Consolidation . Home Improvements . Refinancing . Home Equity Loans . Construction Loans . (Thu, 16 Feb 2006 05:14:20 GMT)

Mortgage sales boost Bradford & Bingley
LONDON (Reuters) - Bradford & Bingley BB.L said on Thursday 2005 profits rose 11 percent from a year earlier after mortgage sales rebounded to a record level in the second half of the year. (Thu, 16 Feb 2006 07:38:06 GMT)

Washington Mutual to Cut 2,500 Loan Jobs
Mortgage industry cutbacks continued Wednesday as Washington Mutual Inc. said it would close 10 of its 26 home-loan processing centers, eliminating 2,500 jobs, including 600 positions in Chatsworth. (Thu, 16 Feb 2006 08:17:17 GMT)

Mortgage sales boost Bradford & Bingley
LONDON (Reuters) - Bradford & Bingley BB.L said on Thursday 2005 profits rose 11 percent from a year earlier after mortgage sales rebounded to a record level in the second half of the year. (Thu, 16 Feb 2006 08:22:47 GMT)

Advantage Credit Forms Mortgage Fraud Awareness Partnership
Advantage Credit International partners with Mortgage Fraud Awareness, LLC, a mortgage fraud consulting firm headed by nationally known expert and lecturer on mortgage fraud, Kevin Barnes. For more than three years Advantage Credit has been in the forefront of fraud prevention automation. [PRWEB Feb 16, 2006] (Thu, 16 Feb 2006 08:29:28 GMT)

Mortgage sales boost Bradford & Bingley
LONDON (Reuters) - Bradford & Bingley said on Thursday 2005 profits rose 11 percent from a year earlier after mortgage sales rebounded to a record level in the second half of the year. (Thu, 16 Feb 2006 09:01:58 GMT)

(AFX UK Focus) 2006-02-16 09:08 GMT: Hong Kong shares close higher on mortgage rate cuts, fund inflows - UPDATE
HONG KONG (AFX) - Share prices closed higher, with trading paced largely by property stocks as the reduction by major local banks of their mortgage loan rates fueled expectations of a surge in apartment sales, dealers said. (Thu, 16 Feb 2006 09:35:57 GMT)

New Free Podcast Series Exposes Deceptive Marketing Techniques
As interest rates rise and the housing market moderates, homeowners are being inundated with misleading marketing campaigns from an increasingly desperate mortgage industry. (Thu, 16 Feb 2006 10:06:00 GMT)

Mortgage securities anticipated in Russia
RBC, 16.02.2006, Moscow 12:54:17. Oleg Vyugin, head of the Russian Federal Financial Markets Service, expects true mortgage securities to show up on the Russian financial market as early as this year. (Thu, 16 Feb 2006 10:08:47 GMT)

Site Works Closes on Chiefland Refinance
Management of Site Works Building & Development Co., construction service and real estate development company, announced today that the company has closed on its refinance of its Chiefland property. (Thu, 16 Feb 2006 11:00:00 GMT)

On Personal Finance | Home loan that goes into reverse
Question: At 72, I have no plans to leave my home. I have no pressing financial need but would like to make my financial burden a little easier. What are the pros and cons of taking out a reverse mortgage? (Thu, 16 Feb 2006 11:27:48 GMT)

DaimlerChrysler earns $3.3B in 2005
Hot Stock Picks for Tomorrow Free report covering hot stock picks & tips, penny stocks, new issues, undervalued & undiscovered situations, and other aggressive stock ideas. (Thu, 16 Feb 2006 11:54:50 GMT)

Bankrate: Economic News Pushes Mortgage Rates Higher
Both fixed and adjustable mortgage rates increased for the fourth consecutive week. The average 30-year fixed rate mortgage increased from 6.32 percent to 6.37 percent, according to Bankrate.com's weekly national survey of large lenders. (Thu, 16 Feb 2006 12:30:00 GMT)

Bankrate: Economic News Pushes Mortgage Rates Higher
NEW YORK, Feb. 16 /PRNewswire-FirstCall/ -- Both fixed and adjustable mortgage rates increased for the fourth consecutive week. The average 30-year fixed rate mortgage increased from 6.32 percent to 6.37 percent, according to Bankrate.com ( Nachrichten ) 's weekly national survey of large lenders. (Thu, 16 Feb 2006 12:40:19 GMT)

Our Mortgage Advantage
We don't always stop to appreciate the many benefits of living in America. For one thing, we have a little thing called the Bill of Rights that offers a few benefits you won't find in many nations. Our investment regulations, though perhaps imperfect, are also tops; unlike many other countries, we expect our publicly traded companies to issue quarterly statements and audited annual reports. And (Thu, 16 Feb 2006 13:44:22 GMT)

Our Mortgage Advantage
It's hard to top America -- even in mortgages. (Thu, 16 Feb 2006 13:44:22 GMT)

Federal Home Loan Bank of Atlanta Announces CFO Resignation, Provides Update on SEC Registration
The Federal Home Loan Bank of Atlanta today announced that Executive Vice President and Chief Financial Officer Lee Puschaver has resigned to pursue other interests. (Thu, 16 Feb 2006 13:52:00 GMT)

House panel approves bill regulating mortgage brokers
DENVER - The state would regulate mortgage brokers under a measure approved by a House panel on Wednesday. By making mortgage brokers register with the state, undergo criminal background checks and post $25,000 bonds, the measure's sponsors hope to crack down on people initiating fraudulent mortgage loans in Colorado. Reps. Tom Massey, R-Poncha Springs, and Val Vigil, D-Thornton, jointly (Thu, 16 Feb 2006 14:47:45 GMT)

Federal Home Loan Bank of Atlanta CFO steps down
The Federal Home Loan Bank of Atlanta Chief Financial Officer Lee Puschaver has resigned to "pursue other interests." (Thu, 16 Feb 2006 14:50:22 GMT)

HSBC cuts Hong Kong mortgage rates
HONG KONG – HSBC Holdings Plc will offer lower Hong Kong mortgage rates from Thursday until the end of March, potentially spurring a rate war in the highly competitive local banking market. (Thu, 16 Feb 2006 15:06:15 GMT)

Stocks Inch Higher On Profits, Econ Data
Hewlett-Packard reported 30% higher first-quarter earnings. January housing starts beat expectations by a mile (Thu, 16 Feb 2006 15:58:34 GMT)

Chairman Bernanke Goes Up the Hill
While his economic views largely followed the Greenspan model, those clear, concise, and polite-but-firm answers announced the Fed's new era (Thu, 16 Feb 2006 15:59:05 GMT)

Bernanke's Happy Honeymoon
While acknowledging a slowing housing market and pricy oil, an upbeat Fed chief faced few tough questions during his maiden trip to the Hill (Thu, 16 Feb 2006 15:59:15 GMT)

Bankrate: Economic News Pushes Mortgage Rates Higher
Both fixed and adjustable mortgage rates increased for the fourth consecutive week. The average 30-year fixed rate mortgage increased from 6.32 percent to 6.37 percent, according to Bankrate.com's weekly national survey of large lenders. The 30-year fixed rate mortgages in this week's survey had an average of 0.37 discount and origination points. (Thu, 16 Feb 2006 16:20:17 GMT)

Mortgage rates tick higher
Mortgage rates rose slightly in the latest week to their highest level this year. (Thu, 16 Feb 2006 16:33:41 GMT)

U.S. mortgage rates edge up to highest level of 2006
CHICAGO (MarketWatch) -- The benchmark 30-year fixed-rate mortgage edged higher in the week ending Thursday to a national average of 6.28%, the highest level this year, Freddie Mac said. (Thu, 16 Feb 2006 16:40:42 GMT)

Fitch Rates $755.5MM Soundview Home Equity Loan Trust 2006-1
NEW YORK----Feb. 16, 2006--Soundview Home Equity Loan Trust asset-backed certificates, series 2006-1, are rated by Fitch as follows: $609.3 million classes A-1 through A-5 'AAA'; $23.5 million class M-1 'AA+'; $14.6 million class M-2 'AA+'; $17.7 million class M-3 'AA'; $15 million class M-4 'AA-'; $13.5 million class M-5 'A'; $11.9 million class M-6 'A-' ; $10.8 million class M-7 'BBB+' ; $11.5 (Thu, 16 Feb 2006 17:56:00 GMT)

Washington Mutual Closes Chatsworth Home-Loan Processing Center
LOS ANGELES -- Washington Mutual Inc. says it will close 10 of its 26 home-loan processing centers around the nation, eliminating 2,500 jobs, including 600 in Chatsworth. (Thu, 16 Feb 2006 18:09:22 GMT)

Return to Publication
YOUR # 1Source FOR GREAT LOANS NJ Licensed Mortgage Banker . Purchase Mortgages . Debt Consolidation . Home Improvements . Refinancing . Home Equity Loans . Construction Loans . (Thu, 16 Feb 2006 18:37:11 GMT)

Freddie Mac: 30-year mortgage rates rise
The giant mortgage company said its nationwide survey showed that rates on 30-year mortgages rose to 6.28 percent, up from 6.24 percent last week. (Thu, 16 Feb 2006 18:39:15 GMT)

Freddie Mac: 30-Yr. Mortgage Rates to Rise
Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported Thursday. The giant mortgage company said its nationwide survey showed that rates on 30-year mortgages rose to 6.28 percent,... (Thu, 16 Feb 2006 18:55:21 GMT)

Saxon Mortgage Services, Inc. Teams Up with Fiserv to Create Interactive Investor Accounting Interface
BROOKFIELD, Wis.----Feb. 16, 2006--Fiserv Lending Solutions, a business unit of Fiserv, Inc. , announced today it is collaborating with Saxon Mortgage Services, Inc., a subsidiary of Saxon Capital, Inc. , to enhance the investor accounting functionality within the MortgageServ loan servicing system. (Thu, 16 Feb 2006 19:00:00 GMT)

Thirty-year mortgage rate hits a high for 2006
Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported Thursday. (Thu, 16 Feb 2006 20:27:57 GMT)

Economic News Pushes Mortgage Rates Higher
RISMEDIA, Feb. 17 — Both fixed and adjustable mortgage rates increased for the fourth consecutive week. The average 30-year fixed rate mortgage increased from 6.32 percent to 6.37 percent, according to Bankrate.com's weekly national survey of large lenders. The 30-year fixed rate mortgages in this week's survey had an average of 0.37 discount and origination points. (Thu, 16 Feb 2006 20:44:27 GMT)

Mortgage rates rise to highest level in 2 months
WASHINGTON - Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported Thursday.* Housing in Phoenix barely nabs top market High Living: Guess the price of Valley homes* Find a home in the Republic Classified listings (Thu, 16 Feb 2006 22:10:20 GMT)

Dix announces measure to tighten mortgage procedures
DES MOINES, Iowa State Representative Bill Dix has introduced legislation requiring proof of citizenship for people who apply for a home mortgage. (Thu, 16 Feb 2006 22:16:34 GMT)

Pulte Homes Sells Minority Stake in Mexico Mortgage Banking Company for About $50 Million
Pulte Homes Inc., one of the nation's largest homebuilders, said Thursday it sold its minority stake in Hipotecaria Su Casita, a Mexico-based mortgage banking company, for about $50 million. (Thu, 16 Feb 2006 23:20:57 GMT)

How To Ride A Housing Bubble
Golden West specializes in exotic mortgages -- and in surviving downturns (Thu, 16 Feb 2006 23:24:30 GMT)

Federal Home Loan Bank of San Francisco Reports Annual and Quarterly Operating Results
SAN FRANCISCO----Feb. 16, 2006--The Federal Home Loan Bank of San Francisco today announced that its net income in the fourth quarter of 2005 was $110 million, compared to $82 million in the fourth quarter of 2004. (Fri, 17 Feb 2006 00:20:00 GMT)

Mortgage lenders see house market rebound
Evidence that the mortgage market rebounded in the last six months of 2005 was provided yesterday by Bradford & Bingley and Britannia building society, which both revealed they had lent record amounts. (Fri, 17 Feb 2006 00:27:34 GMT)

Mortgage Rates Hit Two-Month High
Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported. The rates rose to 6.28 percent from 6.24 percent last week. (Fri, 17 Feb 2006 00:34:49 GMT)

Pros and cons in 40-year mortgage
It allows an extra 10 years to pay off the mortgage, but is the 40-year mortgage really as attractive as it sounds? While it has yet to make its way to Australia, the 40-year mortgage has become a feature overseas, with borrowers attracted to its lower monthly repayments. (Fri, 17 Feb 2006 00:56:31 GMT)

Pros and cons in 40-year mortgage
It allows an extra 10 years to pay off the mortgage, but is the 40-year mortgage really as attractive as it sounds? While it has yet to make its way to Australia, the 40-year mortgage has become a feature overseas, with borrowers attracted to its lower monthly repayments. (Fri, 17 Feb 2006 01:00:04 GMT)

Ten indicted in Miss. mortgage fraud case
HATTIESBURG, Miss. Ten people were named in a federal indictment outlining an alleged scheme to inflate appraisals and use fraudulent documents to obtain mortgage loans. (Fri, 17 Feb 2006 01:10:06 GMT)

Mortgage firms sue Montgomery
Less than a month before Montgomery County’s predatory lending law is to take effect, a group of mortgage companies has sued the county, saying it overstepped its authority in setting lending laws. (Fri, 17 Feb 2006 03:06:39 GMT)

Japanese economy grows at strong pace
Hot Stock Picks for Tomorrow Free report covering hot stock picks & tips, penny stocks, new issues, undervalued & undiscovered situations, and other aggressive stock ideas. (Fri, 17 Feb 2006 03:24:10 GMT)

Pros and cons in 40-year mortgage
Cannex says a 40-year mortgage has a significant downside. (Fri, 17 Feb 2006 05:16:36 GMT)

How to say bye to PMI
Q) I didn't have a 20 percent down payment when I bought my house, so I had to get private mortgage insurance (PMI). But now, a friend says that I can refinance and drop the PMI. Is that true? ... (Fri, 17 Feb 2006 05:32:31 GMT)

Freddie Mac: 30-Year Mortgage Rates Rise
Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported Thursday. The giant mortgage company said its nationwide survey showed that rates on 30-year mortgages rose to 6.28 percent,... (Fri, 17 Feb 2006 06:05:16 GMT)

U.S. Senate targets mortgage fraud
Federal lawmakers are proposing a crackdown on mortgage fraud, a shadowy corner of the housing market that continues to grow in both poor and rich communities nationwide. (Fri, 17 Feb 2006 07:08:48 GMT)

Allstar Mortgage branch is now open for business in St. George
Allstar Mortgage, an independent branch of Fairway Independent Mortgage Corp., has opened for business in St. George. (Fri, 17 Feb 2006 07:32:02 GMT)

Mortgage rates settle at 6% again
Several Hawaii lenders hiked their mortgage rates an eighth of a point this year, restoring a prevailing rate of 6 percent. (Fri, 17 Feb 2006 08:07:47 GMT)

30-Year Mortgage Rates Highest in Two Months
Rates on 30-year mortgages rose to 6.28% this week, up from 6.24% last week and the highest level since the week of Dec. 15, when they stood at 6.3%, mortgage giant Freddie Mac said. (Fri, 17 Feb 2006 08:11:50 GMT)

Mortgage Leads and Unlimited Mortgage Lead Services
Leadbull.com has reached its 8th year in the mortgage lead industry. Just adding its 15000 member in January 2006 Leadbull.com is described as a “Top Mortgage Marketing Power,” by Dave Christopher with TheMortgageWire.com. [PRWEB Feb 17, 2006] (Fri, 17 Feb 2006 08:15:20 GMT)

180 jobs being cut in loan center closing
A Washington Mutual Inc. loan center in Lake Worth will be among 10 home loan-processing offices shuttered by the Seattle-based company, and 180 people employed there will be laid off, officials announced this week. (Fri, 17 Feb 2006 08:33:35 GMT)

30-year mortgage rate up
Rates on 30-year mortgages averaged 6.28 percent this week, up from 6.24 percent last week, Freddie Mac reported yesterday. It was the fourth consecutive increase and left the 30-year mortgage at the highest level since it stood at 6.30 percent the week of Dec. 15. (Fri, 17 Feb 2006 08:37:12 GMT)

Applications are lowest in 2 years
Mortgage applications in the U.S. fell for a third straight week as a gauge of home purchases slumped to the lowest level in more than two years. (Fri, 17 Feb 2006 09:08:16 GMT)

Glossary
No cash-out refinance (Fri, 17 Feb 2006 09:09:13 GMT)

Mortgage rates nudge up again
WASHINGTON -- Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported Thursday. The giant mortgage company said its nationwide survey showed that rates on 30-year mortgages rose to 6.28%, up from 6.24% last week. (Fri, 17 Feb 2006 10:11:11 GMT)

Mortgage switchers face high fees
Mortgage lenders are hitting borrowers with high exit fees when they switch to a rival lender, the BBC learns (Fri, 17 Feb 2006 10:45:27 GMT)

Mortgage-fraud cases signal growing problem
Bogus mortgage loans involving more than $10 million have led to at least 20 indictments in Mississippi in the last six months - and left usually elderly victims in their wake. (Fri, 17 Feb 2006 11:17:33 GMT)

10 indicted in alleged mortgage scheme
HATTIESBURG — The alleged ringleader of a mortgage flipping scheme contends bankers should have been charged in a federal indictment unsealed Thursday after a three-year probe. (Fri, 17 Feb 2006 11:17:43 GMT)

Mortgage Leads and Unlimited Mortgage Lead Services
(PRWEB) February 17, 2006 -- Mortgage Leads are even more important now with mortgage rates creeping back up to normal levels. (Fri, 17 Feb 2006 12:00:00 GMT)

Big Rise In Mortgage Repossession In Derry
MORE AND more people in Derry are being faced with the prospect of repossession because they cannot keep up the repayments on their mortgage. (Fri, 17 Feb 2006 13:16:44 GMT)

Bond Sales May Promote Long-Term Mortgages
The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans. (Fri, 17 Feb 2006 18:34:33 GMT)

Rob Budden: Best mortgage to get us out of a fix
People with big mortgages should probably be thanking their employers for their spiralling pension deficits. The actions of hundreds of companies running final salary pension schemes are leading to some of the best long-term fixed rate mortgage deals for quite a while. (Fri, 17 Feb 2006 18:43:11 GMT)

New U.S. Treasury Debt May Encourage Longer Term Mortgage Loan Products
The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans. (Fri, 17 Feb 2006 18:51:15 GMT)

London shares end higher
Home Equity and Mortgage Loans - E-LOAN Online Lenders Offer Home Equity Loans, Cash Out Refinancing, Mortgages, and Auto Loans at Low Rates. Approval in minutes. (Fri, 17 Feb 2006 19:09:20 GMT)

Turin duct-tape police target non-sponsors
Home Equity and Mortgage Loans - E-LOAN Online Lenders Offer Home Equity Loans, Cash Out Refinancing, Mortgages, and Auto Loans at Low Rates. Approval in minutes. (Fri, 17 Feb 2006 19:09:40 GMT)

Mortgage Insurer PMI Group Approves Stock Buyback of Up to $150 Million
Mortgage insurer PMI Group Inc. said on Friday it has approved a stock buyback of up to $150 million. (Fri, 17 Feb 2006 19:20:55 GMT)

Mortgage rates settle at 6% again
Several Hawaii lenders hiked their mortgage rates an eighth of a point this week, restoring a prevailing rate of 6 percent. (Fri, 17 Feb 2006 19:37:50 GMT)

Bush: Mortgage deduction to stay a part of tax law
President George W. Bush on Friday rejected the idea of any change in the U.S. tax code that would eliminate the deduction for mortgage interest. (Fri, 17 Feb 2006 19:47:12 GMT)

Bush: Won't kill the mortgage deduction
President says he wouldn't support removing the mortgage deduction from income tax law. (Fri, 17 Feb 2006 19:48:51 GMT)

Crime-wracked Mexican state wants loan to buy guns
Wracked by violent drug crime and too poor to arm its police properly, the Mexican state of Guerrero is seeking a $24 million bank loan to buy more guns and security equipment. (Fri, 17 Feb 2006 19:58:33 GMT)

GMAC Residential Funding selects Marlborough Stirling Canada's Optimus solution to enhance its mortgage master
February 15, 2006 - Marlborough Stirling Canada (MSC) is pleased to announce the signing of a contract with GMAC Residential Funding of Canada (GMAC-RFC) for the implementation of its Optimus mortgage servicing and securitization application. (Fri, 17 Feb 2006 22:43:45 GMT)

Dying man's plea to return home
A FORMER loan shark, now dying from a brain tumour, is pleading to be allowed to go home to his family. Doctors say Shanmugam Chandran has little chance of surviving long-term and could die within two months without further brain surgery. (Fri, 17 Feb 2006 22:53:50 GMT)

Fitch Rates WaMu Mortgage $321.3MM Series 2006-AR2
NEW YORK----Feb. 17, 2006--Fitch rates WaMu Mortgage pass-through certificates, series 2006-AR2, classes 1-A1, 1-A2, 2-A1, 2-A2, and R senior certificates 'AAA'. The class B certificates are not rated by Fitch. (Fri, 17 Feb 2006 23:30:00 GMT)

Put the boot to your mortgage with RBS
ROYAL Bank of Scotland (RBS) has launched a contest to win up to £150,000 towards your mortgage, as well as a new tracker loan, to mark its sponsorship of the Six Nations rugby championship. (Sat, 18 Feb 2006 00:47:14 GMT)

GMAC subscribes to the Marlborough Stirling mortgage platform
Marlborough Stirling Canada has signed a contract with GMAC Residential Funding for the implementation of its Optimus mortgage servicing and securitization application. (Sat, 18 Feb 2006 02:05:47 GMT)

180 jobs being cut in Washington Mutual loan center in Lake Worth
A Washington Mutual Inc. loan center in Lake Worth will be among 10 home loan-processing offices shuttered by the Seattle-based company, and 180 people employed there will be laid off, officials announced this week. (Sat, 18 Feb 2006 04:43:36 GMT)

180 jobs being cut in Washington Mutual loan center in Lake Worth
A Washington Mutual Inc. loan center in Lake Worth will be among 10 home loan-processing offices shuttered by the Seattle-based company, and 180 people employed there will be laid off, officials announced this week. (Sat, 18 Feb 2006 04:44:26 GMT)

30-year bonds may give homebuyers options
The Treasury Department's resumption of 30-year bond sales could have an interesting effect on the home-mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans. (Sat, 18 Feb 2006 05:42:23 GMT)

Mortgage Tax Deduction Is Safe, Bush Says
TAMPA, Fla. — President Bush rejected the possibility Friday that the mortgage interest deduction will be eliminated from the U.S. Tax Code. (Sat, 18 Feb 2006 08:08:18 GMT)

Northwest Mortgage Brokerage Pioneers New Business Model for the Mortgage Industry
Mortgage brokerage introduces the concept of corporate Ambassadors. Like title company marketers, Ambassadors extend personal attention to the Realtor community in exchange for repeat referrals. [PRWEB Feb 18, 2006] (Sat, 18 Feb 2006 08:08:48 GMT)

Q. I bought my first house in 2005. My partner lives in it with me, but the mortgage and title are in my name alone
Q. I bought my first house in 2005. My partner lives in it with me, but the mortgage and title are in my name alone. My partner gives me money each month to go toward paying the mortgage. Is this considered rent and therefore taxable? From your description of the situation, it appears the money you receive is rent that you should report on Schedule E of your income tax return. (Sat, 18 Feb 2006 08:16:52 GMT)

FHA may loosen mortgage rules for low-risk borrowers
Should homebuyers with solid credit histories subsidize mortgage borrowers who pay their bills late? (Sat, 18 Feb 2006 08:22:24 GMT)

Mortgage break is safe, says Bush
TAMPA - Eliminating a big worry for New York taxpayers, President Bush yesterday rejected the idea of changes in federal tax laws that could have eliminated deductions for mortgage interest. (Sat, 18 Feb 2006 09:05:44 GMT)

New U.S. Treasury debt may encourage longer term mortgage loans
NEW YORK -- The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans. (Sat, 18 Feb 2006 09:05:57 GMT)

Northwest Mortgage Brokerage Pioneers New Business Model for the Mortgage Industry
(PRWEB) February 18, 2006 -- With rates holding steady and many proclaiming to be "pros in the lending industry," there seems to be a mortgage shop around every corner. (Sat, 18 Feb 2006 12:00:00 GMT)

Consumer Loan And Savings Rates
A sampling of financial institutions was asked to quote the most recent lowest annual percentage rates they would charge a new loan customer with an annual income from $30,000 to $35,000 and good credit standing. Qualifications for borrowing and finance charges vary among institutions. Rates may differ from branch to branch. Some institutions provide lower rates to existing customers. (Sat, 18 Feb 2006 12:12:58 GMT)

Longer mortgages on horizon
NEW YORK — The Treasury Department’s resumption of 30-year bond sales could have an interesting effect on the home-mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans. (Sat, 18 Feb 2006 12:29:33 GMT)

Interest in fixed rates rising
Keeping an adjustable-rate mortgage can be like riding a bucking horse. As rising interest rates threaten to send your monthly payments flying high in a few months or years, it could get tougher to hang on to your home. (Sat, 18 Feb 2006 12:34:46 GMT)

180 jobs being cut in Washington Mutual loan center in Lake Worth
A Washington Mutual Inc. loan center in Lake Worth will be among 10 home loan-processing offices shuttered by the Seattle-based company, and 180 people employed there will be laid off, officials announced this week. (Sat, 18 Feb 2006 12:57:41 GMT)

Interest in fixed rates rising
Keeping an adjustable-rate mortgage can be like riding a bucking horse. As rising interest rates threaten to send your monthly payments flying high in a few months or years, it could get tougher to hang on to your home. (Sat, 18 Feb 2006 13:04:51 GMT)

What's a yield spread premium?
QUESTION: I recently purchased a home and noticed a "yield spread premium" fee on my closing statement. Can you explain this fee? KATHY YAMAMOTO : A mortgage broker (loan broker) is a person or firm that is paid to negotiate and arrange real estate loans for borrowers and lenders. (Sat, 18 Feb 2006 13:18:37 GMT)

Mortgage Foreclosures
Mortgage foreclosures filed with the civil division of the Circuit Court for Oct. 19-25, 2005. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action. Butler, Thomas, et ux., et al., Lot 13, Vista Park, Phase Two; by Countrywide Home Loans Inc. (05-3908) (Sat, 18 Feb 2006 15:13:10 GMT)

Lenders seen as likely to push long-term loans
THE TREASURY Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for (Sat, 18 Feb 2006 15:42:49 GMT)

180 jobs being cut in Washington Mutual loan center in Lake Worth
A Washington Mutual Inc. loan center in Lake Worth will be among 10 home loan-processing offices shuttered by the Seattle-based company, and 180 people employed there will be laid off, officials announced this week. (Sat, 18 Feb 2006 17:12:35 GMT)

180 jobs being cut in Washington Mutual loan center in Lake Worth
A Washington Mutual Inc. loan center in Lake Worth will be among 10 home loan-processing offices shuttered by the Seattle-based company, and 180 people employed there will be laid off, officials announced this week. (Sat, 18 Feb 2006 23:42:44 GMT)

Interest in fixed rates rising
Keeping an adjustable-rate mortgage can be like riding a bucking horse. As rising interest rates threaten to send your monthly payments flying high in a few months or years, it could get tougher to hang on to your home. (Sun, 19 Feb 2006 03:04:46 GMT)

First Federal Savings and Loan chairman Brewer retires
James L. Brewer, who has been with First Federal Savings and Loan Association of Greene County for more than half a century, has announced his retirement as chairman of the board. (Sun, 19 Feb 2006 05:08:23 GMT)

On Personal Finance | Home loan that goes into reverse
Question: At 72, I have no plans to leave my home. I have no pressing financial need but would like to make my financial burden a little easier. What are the pros and cons of taking out a reverse mortgage? (Sun, 19 Feb 2006 05:51:14 GMT)

Consumer Loan And Savings Rates
A sampling of financial institutions was asked to quote the most recent lowest annual percentage rates they would charge a new loan customer with an annual income from $30,000 to $35,000 and good credit standing. Qualifications for borrowing and finance charges vary among institutions. Rates may differ from branch to branch. Some institutions provide lower rates to existing customers. (Sun, 19 Feb 2006 06:42:24 GMT)

Mortgage rates hit 2-month high
WASHINGTON – Rates on 30-year mortgages edged up for a fourth-consecutive week, rising to the highest level in two months, Freddie Mac reported Thursday. (Sun, 19 Feb 2006 08:26:22 GMT)

Interest in fixed rates rising
Keeping an adjustable-rate mortgage can be like riding a bucking horse. As rising interest rates threaten to send your monthly payments flying high in a few months or years, it could get tougher to hang on to your home. (Sun, 19 Feb 2006 08:34:46 GMT)

QUICK LESSON: Avoiding private mortgage insurance
Buying a house by making a down payment of less than 20 percent can add an extra $10 to $200 to the monthly bill if you have to obtain private mortgage insurance. (Sun, 19 Feb 2006 08:36:16 GMT)

How to survive jump in adjustable- rate mortgage
First, the bad news: If you're among the millions who took out an adjustable-rate mortgage in the past few years, your monthly payment is likely to jump on the next adjustment date -- by 20 percent, 30 percent, even 40 percent. Blame the Federal Reserve for driving up short-term interest rates. (Sun, 19 Feb 2006 09:02:12 GMT)

Mortgage insurance not a good value
Q: I am a 36-year-old single female with no dependents. I purchased my first home a year ago. (Sun, 19 Feb 2006 11:31:54 GMT)

Tax traps, gains await homeowners
Tax time provides an opportunity to cash in many of the rewards of dabbling in last year's red-hot real estate market -- but there are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property in 2005. (Sun, 19 Feb 2006 12:31:06 GMT)

Buyers, beware of online mortgage calculators
It seems like a simple question: What is the most expensive home you can afford? Nearly every mortgage lender offers a calculator on its Web site. Enter your income, your debts and your savings, and learn the top of your price range. (Sun, 19 Feb 2006 12:38:22 GMT)

New tools help decipher mortgage confusion
A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal. (Sun, 19 Feb 2006 12:50:01 GMT)

New tools help decipher mortgage confusion
A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal. (Sun, 19 Feb 2006 13:08:32 GMT)

New tools help decipher mortgage confusion
A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal. (Sun, 19 Feb 2006 13:23:09 GMT)

New tools help decipher mortgage confusion
A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal. (Sun, 19 Feb 2006 13:38:24 GMT)

No end in sight for home loan debt
ALMOST half of Brisbane home owners expect to be still paying off a mortgage in retirement, according to research. A national survey conducted by Citibank has found that 95 per cent of home owners rated the importance of paying off a mortgage as very high. (Sun, 19 Feb 2006 14:14:56 GMT)

No end in sight for home loan debt
ALMOST half of Brisbane home owners expect to be still paying off a mortgage in retirement, according to research. A national survey conducted by Citibank has found that 95 per cent of home owners rated the importance of paying off a mortgage as very high. (Sun, 19 Feb 2006 14:16:07 GMT)

How to survive jump in adjustable- rate mortgage
First, the bad news: If you're among the millions who took out an adjustable-rate mortgage in the past few years, your monthly payment is likely to jump on the next adjustment date -- by 20 percent, 30 percent, even 40 percent. Blame the Federal Reserve for driving up short-term interest rates. (Sun, 19 Feb 2006 16:47:06 GMT)

Welcome to pakistanchristianpost.com
Compare Taylorville Home Mortgage Rates Free Taylorville Mortgage Loan, Refinance & Equity Quotes. All Credit OK, Instant Response. Interest Rates at All-Time Lows - Refinance Now. (Sun, 19 Feb 2006 17:30:44 GMT)

Borrowers warned over longer-term home loans
CALLS for longer-term home loans to solve a crisis in housing costs have not yet gained traction in the mortgage industry, according to insiders, but should they become available, borrower beware. (Sun, 19 Feb 2006 18:15:36 GMT)

Buyers, beware of online mortgage calculators
It seems like a simple question: What is the most expensive home you can afford? (Sun, 19 Feb 2006 19:35:56 GMT)

New tools help decipher mortgage confusion
A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal. (Sun, 19 Feb 2006 19:39:08 GMT)

High-risk mortgages spread to Ohio's small towns
COLUMBUS, Ohio -- An increasing number of Ohioans who live in small towns and rural areas are losing their homes because of risky, high-interest mortgage loans, records show. (Sun, 19 Feb 2006 22:49:09 GMT)

Bank Announces Home Loan Interest Rate Changes
The National Bank today announced changes in its Home Loan Fixed interest rates. This change, which takes effect Saturday, 18 February 2006, is as follows: the 21 month Home Loan Fixed interest rate will decrease from 8.15 % per annum to 7.95% per annum. (Sun, 19 Feb 2006 23:26:06 GMT)

Fannie, Freddie Keep Up Lobbying
Fannie Mae and Freddie Mac last year together spent nearly $23 million on lobbying, as Congress considered legislation to tighten oversight of the two mortgage finance companies in response to their multibillion-dollar accounting scandals. (Mon, 20 Feb 2006 01:06:19 GMT)

NAB offers new 5.95% home loan rate
National Australia Bank is looking to grab more of the first home buyers market with its new home loan offer. - (Mon, 20 Feb 2006 02:26:31 GMT)

NAB offers new 5.95% home loan rate
National Australia Bank is looking to grab more of the first home buyers market with its new home loan offer. - (Mon, 20 Feb 2006 02:27:54 GMT)

Tax traps, gains await homeowners
Tax time provides an opportunity to cash in many of the rewards of dabbling in last year's red-hot real estate market -- but there are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property in 2005. (Mon, 20 Feb 2006 04:40:42 GMT)

Calif. mortgage co. to expand in N. Texas
A California mortgage banker is expanding into North Texas. (Mon, 20 Feb 2006 05:02:48 GMT)

Previous 1 2 3 4 5 6 7 Next

---

Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006 | Jun 2006 | May 2006 | Apr 2006 | Mar 2006 | Feb 2006

online health insurance | realtor | vehicle donation information | long term elder care | pet loss site | skin care | find alternative medicine | here | gift | nightlife guide | online loan finder | cars | real estate builder | wedding service directory | cool UK site | click here | directory of realtors | security home | plastic surgery site | Bankruptcy Guide | accounting site | buy insurance | addiction treatment centers | mortgages | car rental site