Mortgage News Apr 2006
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
Federal Home Loan Bank of San Francisco Reports First Quarter Operating Results
SAN FRANCISCO----April 25, 2006--The Federal Home Loan Bank of San Francisco today announced that its net income in the first quarter of 2006 was $119 million, compared to $62 million in the first quarter of 2005. (Tue, 25 Apr 2006 23:23:00 GMT)
Mortgage lending rises while card borrowing falls
UK consumers are more cautious about borrowing on credit cards and loans but mortgage lending is on the rise, according to figures released by the British Banking Association (BBA). (Wed, 26 Apr 2006 01:14:10 GMT)
Consumer Loan Performance at CENTRIX Improves Faster Than National Rates
CENTENNIAL, Colo., April 25 -- CENTRIX Financial announced today that its consumer automotive loan delinquencies have dropped to their lowest levels in more than two years. (Wed, 26 Apr 2006 03:09:27 GMT)
Mortgage, home all tangled up after refinancing
Q In 1998 we refinanced our home for extra cash to help a failing business. About two months after closing, we discovered all kinds of charges and a higher interest rate than had been disclosed. The mortgage company will go unnamed. (Wed, 26 Apr 2006 03:24:10 GMT)
Home Depot's Web Improvement
The latest acquisition by the world's No. 1 big-box home-improvement retailer shows it's serious about the Internet (Wed, 26 Apr 2006 03:48:29 GMT)
AARP Funds: Not Necessarily Golden
The advocacy group for retirees has unveiled three mutual funds of its own. But it faces stiff competition (Wed, 26 Apr 2006 03:49:29 GMT)
Ridgeline's Uphill Climb
Honda's mid-size truck scores well but may not be rugged or come with enough extras for some (Wed, 26 Apr 2006 03:50:19 GMT)
Spitzer Charges 8 in Mortgage Fraud Scheme
Attorney General Eliot Spitzer has charged eight people with a mortgage fraud scheme that he said defrauded banks of millions of dollars and had the potential to harm the housing market. The eight defendants included mortgage brokers and attorneys. They are alleged to have submitted fraudulent mortgage applications that overvalued properties, allowing them to receive loans in amounts larger than (Wed, 26 Apr 2006 07:16:26 GMT)
BD Nationwide Mortgage is Awarded Preferred Broker Status with Irwin Home Equity
BD Nationwide Mortgage is one of only three second mortgage brokers in the country awarded the "Preferred Broker"status from Irwin Home Equity. This reward program offers quality brokers lending benefits by adding a competitive edge for their 125% home equity products. IHE account executive, Dan Ambrose stated "this is an excellent opportunity for BD Nationwide to really expand its home equity (Wed, 26 Apr 2006 07:22:11 GMT)
Mortgage Business Lifts Profit at IndyMac
IndyMac Bancorp Inc. reported 26% higher first-quarter profit Tuesday, sharply increasing its share of the mortgage market despite an industrywide downturn in home loans. (Wed, 26 Apr 2006 07:41:48 GMT)
Roof falls in on 8M mortgage con
Eight people - including two lawyers - were charged yesterday in a home mortgage fraud scam that netted them tens of millions of dollars, authorities said. (Wed, 26 Apr 2006 08:21:30 GMT)
Mortgage rates rise in wake of Bank's decision
TORONTO -- Yesterday's rise in variable mortgage rates will have some homeowners looking to lock in their rates, but experts say not to be hasty. It could be just a blip. (Wed, 26 Apr 2006 09:37:05 GMT)
Hearing of homes lost
Margaret Pope owned her home outright for 25 years before she took a loan arranged by a Fayetteville mortgage broker in 2004. The monthly payment was $782. Her monthly income, a government check, was just under $1,000. (Wed, 26 Apr 2006 09:37:55 GMT)
American Home Mortgage Announces First Quarter Results
American Home Mortgage Investment Corp. announced today results for the quarter ended March 31, 2006. (Wed, 26 Apr 2006 11:06:00 GMT)
BD Nationwide Mortgage is Awarded Preferred Broker Status with Irwin Home Equity
Encinitas, CA (PRWEB) April 26, 2006 -- BD Nationwide Mortgage Company, announced today that Irwin Home Equity(IHE) upgraded their mortgage broker status to "Preferred Broker. (Wed, 26 Apr 2006 12:00:00 GMT)
Home loan demand lowest since November 2003
Mortgage applications fell for a third consecutive week, with demand for home purchase loans falling to its lowest level since November 2003 despite a drop in interest rates, an industry trade group said Wednesday. (Wed, 26 Apr 2006 14:48:22 GMT)
(AFX UK Focus) 2006-04-26 14:56 GMT: Mortgage applications lower in latest week
WASHINGTON (AFX) -- The volume of mortgage applications fell 3.7% in the week ended April 21 compared to the prior week, the Mortgage Bankers Association said. (Wed, 26 Apr 2006 14:48:42 GMT)
Mortgage Brokers Demystified
If you're looking for a mortgage, you may want to look for a mortgage broker first. There are plenty of ways to get mortgages -- banks, credit unions, savings and loans, and mortgage bankers, among others -- but you can also get set up with one via a mortgage broker. In exchange for setting up a mortgage, most lenders charge origination fees, whereas mortgage brokers charge a broker's fee (and (Wed, 26 Apr 2006 15:09:26 GMT)
Mortgage Brokers Demystified
Mortgage brokers make a lot of sense for some people. (Wed, 26 Apr 2006 15:09:26 GMT)
Trusted for Online Success
has recently expired ! Looking for something specific? Home Equity and Mortgage Loans - E- LOAN Online lender offers home equity loans , cash out refinancing, mortgages, and auto loans at low rates. Fill out a simple application. Approval in minutes. Search rates now. (Wed, 26 Apr 2006 15:22:07 GMT)
Laurentian Bank launches its 10X LESS mortgage
The Laurentian Bank of Canada launched its 10X LESS Mortgage today, a new adjustable rate mortgage loan solution. (Wed, 26 Apr 2006 15:39:08 GMT)
Mortgage Brokers Demystified
If you're looking for a mortgage, you may want to look for a mortgage broker first. There are plenty of ways to get mortgages -- banks, credit unions, savings and loans, and mortgage bankers, among others -- but you can also get set up with one via a mortgage broker. (Wed, 26 Apr 2006 15:59:11 GMT)
Clearinghouse CDFI Receives $2.5 Million Loan From Opportunity Finance Network to Help Address Business Credit Needs in
Opportunity Finance Network today announced that it is making a $2.5 million loan to Clearinghouse CDFI , a Lake Forest-based financial institution that provides direct loans for affordable housing, community development projects, small business and other qualified Community Reinvestment Act activities benefiting low-income people across California. (Wed, 26 Apr 2006 17:28:00 GMT)
Mortgage Applications Fall to Year's Low
Mortgage applications slid to this year's low as demand for loans to purchase homes fell last week to the lowest level since November 2003 despite a drop in interest rates. (Wed, 26 Apr 2006 18:33:37 GMT)
Visit our website
Arrow Mortgage CORPORATION Your Dream ... (Wed, 26 Apr 2006 18:44:57 GMT)
Weekly Home Mortgage Rates
Weekly Home Mortgage Rates (Wed, 26 Apr 2006 19:21:08 GMT)
LaSalle Bank's weak mortgage business hurts profits
(Crain’s) — LaSalle Bank Corp.’s troubled mortgage division continues to plague the North American arm of Netherlands-based ABN Amro N.V. (Wed, 26 Apr 2006 19:56:38 GMT)
Money Q&A: Creative financing is over
MEG GREEN Q: Last spring I bought a 2/2 condo with an 80-10-10 mortgage. The 80 percent ($127,000) is fixed, interest-only, at 5.85 percent for five years, and the other 10 percent ($15,900) home equity line of credit is currently at 8.3 percent. I don't plan on staying at this condo past the five years, but can it still be economical to refinance? Also, should I refinance before or after the (Wed, 26 Apr 2006 22:18:45 GMT)
Apply for a Low-Cost Loan Here
- www.portfield-financial.co.uk If you are a UK homeowner, visit Portfield for a low-cost secured loan of up to £500k even if you have CCJs or a bad credit history. Apply easily using 60 second app form. Sorry, no tenants. (Wed, 26 Apr 2006 22:25:49 GMT)
Compare Personal Loan Rates
- www.quickcompare.co.uk Compare loan rates from over 100 of the top UK lenders. Use our best buy tables to find the top deals. Visit now to compare any purpose loans online. (Wed, 26 Apr 2006 22:55:38 GMT)
Eight Individuals Indicted for Mortgage Fraud
On Tuesday, The New York Attorney General and the banking department of the state declared the eight individuals that were charged for allegedly participating on a fraud scheme on mortgage lenders. The scheme involved millions of dollars for the previous years. (Thu, 27 Apr 2006 02:43:16 GMT)
Two sentenced in HUD loan fraud
Two more defendants were sentenced to federal prison Tuesday after pleading guilty to charges related to a HUD housing loan scam detailed in a more than 60-count federal indictment handed down last year. (Thu, 27 Apr 2006 04:50:51 GMT)
Return to Publication
15 Kennedy Blvd. East Brunswick, NJ 08816 (1-888) NEWBANK 639-2265 Fortune Magazine Says: “Best Mortgage Program In The Nation”. (Thu, 27 Apr 2006 05:01:35 GMT)
Hypotecni banka issues mortgage bonds worth CZK 2 billion
Prague, April 26 (CTK) - Hypotecni banka today issued mortgage bonds of a nominal value of CZK 10,000 each and worth CZK 2 billion in total, payable in three years and bearing an interest of 4.15 percent p.a., spokesman David Sahula told CTK. (Thu, 27 Apr 2006 05:50:27 GMT)
BNTouch Mortgage CRM Announces Expert Call Series with Leading Mortgage Marketing Professionals
In an effort to connect BNTouch subscribers, prospects and the mortgage origination community with leading mortgage marketing experts, BNTouch Mortgage CRM has announced its expert call series. (PRWEB Apr 27, 2006) Trackback URI: http://www.prweb.com/zingpr.php/WmV0YS1FbXB0LUVtcHQtU3VtbS1IYWxmLVplcm8= (Thu, 27 Apr 2006 07:23:29 GMT)
Money Q&A: Creative financing is over
MEG GREEN Q: Last spring I bought a 2/2 condo with an 80-10-10 mortgage. The 80 percent ($127,000) is fixed, interest-only, at 5.85 percent for five years, and the other 10 percent ($15,900) home equity line of credit is currently at 8.3 percent. I don't plan on staying at this condo past the five years, but can it still be economical to refinance? Also, should I refinance before or after the (Thu, 27 Apr 2006 07:33:45 GMT)
Home credit market lacks competition
The home credit industry lacks competition and customers are being substantially overcharged in the 2-billion-pound a year market, the country's competition regulator said on Thursday. (Thu, 27 Apr 2006 07:45:17 GMT)
Mortgage Marketing System that Generates an Unlimited Amount of New Mortgage Applications
Imagine there was a Mortgage Marketing System that could generate an Unlimited Amount of New Mortgage Applications. National Sales Trainer and Author of "The Greatest Sales Book in the World" Oliver Maldonado says his Mortgage Marketing System does just that. (PRWEB Apr 27, 2006) (Thu, 27 Apr 2006 08:20:36 GMT)
Home credit loans 'uncompetitive'
Customers of companies offering 'home credit' have been overcharged by up to £100m a year because of a lack of competition, according to an official watchdog. (Thu, 27 Apr 2006 09:21:49 GMT)
30-year mortgage rises 5th week in a row
Americans feel confident about their futures – more bullish than bond traders had expected. High spirits translate into higher mortgage rates. (Thu, 27 Apr 2006 10:00:00 GMT)
Good debt and bad debt
A mortgage is usually good debt. Buying more clothes you don't need on credit is not. (Thu, 27 Apr 2006 10:00:00 GMT)
50-year mortgage debuts in California
The Methuselah of mortgages has arrived: the 50-year home loan. (Thu, 27 Apr 2006 10:00:00 GMT)
Kansas City Man to Repay Mobile Home Buyers; Banned from Industry for Five Years
A Kansas City man who fraudulently obtained money from the construction loan accounts of home buyers - leaving them with depleted accounts and unfinished homes - will repay consumers more than $77,000 under a court order obtained by Attorney General Jay Nixon. (Thu, 27 Apr 2006 10:07:02 GMT)
Bankrate: Mortgage Rates Up Five Weeks in a Row
Fixed mortgage rates increased again, with the average 30-year fixed rate mortgage hitting 6.64 percent, according to Bankrate.com's weekly national survey of large lenders. This is the highest since the week of June 12, 2002. (Thu, 27 Apr 2006 11:30:00 GMT)
BNTouch Mortgage CRM Announces Expert Call Series with Leading Mortgage Marketing Professionals
Portland, OR (PRWEB) April 26, 2006 -- BNTouch Mortgage CRM, a leading marketing software company for loan originators and brokers announces its expert call series with leading mortgage marketing professionals. (Thu, 27 Apr 2006 12:00:00 GMT)
Mortgage debt hits £1 trillion
Outstanding mortgage debt is set to break through the £1 trillion barrier for the first time in early May, the Council of Mortgage Lenders (CML) said today. (Thu, 27 Apr 2006 12:16:12 GMT)
Church Mortgage REIT Foundation Capital Resources Announces Financial Results for 2005
Foundation Capital Resources, Inc. , a Real Estate Investment Trust founded in 2000 and focused on providing mortgage financing to churches and other faith-based organizations throughout the United States, today announced record financial results for its fiscal year ended December 31, 2005. (Thu, 27 Apr 2006 12:30:00 GMT)
50-year mortgage debuts in California
The Methuselah of mortgages has arrived: the 50-year home loan. (Thu, 27 Apr 2006 12:35:44 GMT)
Business CALENDAR
Mortgage Refinance: 6 p.m. at Mid Oregon Credit Union in the conference room, 1386 NE Cushing Drive, Bend. Shirley Saarinen, Mid Oregon Credit Union mortgage manager; Billy Seal, of Billy Seal Appraisals; and Duane Porter, a Members Financial Services representative, will discuss reasons to refinance, appraisals, mortgage types and closing costs. (Thu, 27 Apr 2006 13:05:01 GMT)
Apply for a Low-Cost Loan Here
- www.portfield-financial.co.uk If you are a UK homeowner, visit Portfield for a low-cost secured loan of up to £500k even if you have CCJs or a bad credit history. Apply easily using 60 second app form. Sorry, no tenants. (Thu, 27 Apr 2006 15:17:24 GMT)
The mortgage maze: Buyers can use help figuring out process
DETROIT -- You've made the big decision to buy a house. Now the challenge becomes finding an affordable mortgage. What's best for you? Conventional? No-money down? Adjusted-rate mortgage? Interest only? (Thu, 27 Apr 2006 15:18:03 GMT)
The Man for Fannie and Freddie?
Senior Social Security Administration official and close Bush Buddy James B. Lockhart is the hot tip to oversee the mortgage giants (Thu, 27 Apr 2006 15:29:53 GMT)
Mortgage rates at nearly 4-year-high for 3rd week
NEW YORK (CNNMoney.com) - Mortgage rates rose for the fifth consecutive week, to the highest level in nearly four years, Freddie Mac said Thursday. (Thu, 27 Apr 2006 15:47:19 GMT)
Creative Mortgage Loans for Diverse Needs: Technology Credit Union Introduces Customized Home Loan Choices
Just like every home, every homebuyer is unique. Tech CU recognizes that each home loan needs to be customized to the buyer's individual situation, from first-time buyers to established real estate investors. (Thu, 27 Apr 2006 17:33:00 GMT)
Fitch Rates Harborview Mortgage Loan Trust 2006-3
NEW YORK----April 27, 2006--Fitch rates Harborview Mortgage Loan Trust mortgage pass-through certificates, series 2006-3 as follows: $405.6 million classes 1-A1A, 1-A1B, 2-A1A, 2-A1B, 3-A and A-R 'AAA'; $12.3 million class B-1 'AA'; $7.9 million class B-2 'A'; $5.1 million class B-3 'BBB'; $4.1 million class B-4 'BB' . (Thu, 27 Apr 2006 18:01:00 GMT)
30-Year Mortgage Rates Rise for 5th Week
Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. (Thu, 27 Apr 2006 18:26:19 GMT)
Mortgage rates continue upward climb
Driven by inflation and interest rate expectations, mortgage rates rose across the board, according to Bankrate.com's weekly national survey of large lenders. (Thu, 27 Apr 2006 18:42:25 GMT)
30-year mortgage rates rise for 5th week
Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week. The new rate was the highest since 30-mortgages stood at 6.63 percent the week of June 20, 2002. (Thu, 27 Apr 2006 18:49:57 GMT)
Mortgage Rates Rise For 5th Straight Week
Long-term mortgage rates rise to their highest level in nearly four years. (Thu, 27 Apr 2006 19:16:36 GMT)
Mortgage Rates Hit Highest Level In Nearly 4 Years
Long-term mortgage interest rates are up for a fifth straight week. (Thu, 27 Apr 2006 19:19:34 GMT)
Lenders push home-equity deals
Home-equity borrowing has been a boon to consumers in recent years, essentially allowing them to turn their houses into cash machines. (Thu, 27 Apr 2006 19:21:00 GMT)
Mortgage Rates Rise For 5th Straight Week
Long-term mortgage rates rise to their highest level in nearly four years. (Thu, 27 Apr 2006 19:21:11 GMT)
Global Energy Announces Mortgage Lending in 50 States
Global Energy Resources Inc. (OTC: GERI), aDelaware Corporation, announced today that it has completed the stepsnecessary to provide mortgage lending in all fifty U.S. States. The Companyrecently announced it had also added retail lending to its FinancialDivision's mortgage services operation. (Thu, 27 Apr 2006 19:21:25 GMT)
30-Year Mortgage Rates Rise for 5th Week
Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58... (Thu, 27 Apr 2006 19:38:07 GMT)
Mortgage Experts
- www.metrofinance.co.uk Mortgage problems? Metro Finance makes it simple to find a mortgages to suit your requirements. If you suffer from CCJs or have no credit score, we may still be able to help. (Thu, 27 Apr 2006 19:47:24 GMT)
Landlord to pay $1.5 million in mortgage fraud
BUFFALO, N.Y. (AP) — A landlord who defaulted on 104 mortgage loans for rental properties he owned, resulting in the eviction of dozens of families, pleaded guilty Thursday to grand larceny and fraud and agreed to pay $1.5 million in restitution and penalties. (Thu, 27 Apr 2006 20:03:14 GMT)
30-Year Mortgage Rates Rise for 5th Week
Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week. (Thu, 27 Apr 2006 20:23:47 GMT)
30-Year Mortgage Rates Rise for 5th Week
WASHINGTON (AP) - Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week. The new rate was the highest since 30-mortgages stood at 6.63 percent the week of (Thu, 27 Apr 2006 21:10:07 GMT)
Duluth Leaders Question Home Loan To Family
The City Council's 5-4 approval of a $40,000 loan to assist David Croud's family in buying a new house is drawing criticism from some council members. More Politics News (Thu, 27 Apr 2006 21:52:22 GMT)
Mortgage Rates Hit Highest Level In Nearly 4 Years
Long-term mortgage interest rates are up for a fifth straight week. (Thu, 27 Apr 2006 21:57:58 GMT)
Bankrate: Mortgage Rates Up Five Weeks in a Row
RISMEDIA, April 28, 2006—Fixed mortgage rates increased again, with the average 30-year fixed rate mortgage hitting 6.64 percent, according to Bankrate.com's weekly national survey of large lenders. This is the highest since the week of June 12, 2002. The 30-year fixed rate mortgages in this week's survey had an average of 0.38 discount and origination points. (Thu, 27 Apr 2006 22:10:17 GMT)
Creative Mortgage Loans for Diverse Needs: Technology Credit Union Introduces Customized Home Loan Choices
Just like every home, every homebuyer isunique. Tech CU recognizes that each home loan needs to be customized tothe buyer's individual situation, from first-time buyers to establishedreal estate investors. To better serve this unique and ever-changingCalifornia market, Tech CU has rolled out a line of NEW home loan products. (Thu, 27 Apr 2006 22:22:28 GMT)
Mortgage Rates Rise For 5th Straight Week
Long-term mortgage rates rise to their highest level in nearly four years. (Thu, 27 Apr 2006 23:32:39 GMT)
Landlord to pay $1.5 million in mortgage fraud
BUFFALO, N.Y. A landlord who defaulted on 104 mortgage loans for rental properties he owned, resulting in the eviction of dozens of families, pleaded guilty today to grand larceny and fraud. (Thu, 27 Apr 2006 23:42:01 GMT)
Mortgage debt rises to £1 trillion as this month's house prices stall
Total mortgage debt in Britain is likely to pass £1 trillion early next month, the Council of Mortgage lenders said yesterday. While overall personal debt broke through £1 trillion last year, that included unsecured debt such as credit card borrowing as well as mortgages. (Fri, 28 Apr 2006 01:01:32 GMT)
Mortgage debt rises to £1 trillion as this month's house prices stall
Total mortgage debt in Britain is likely to pass £1 trillion early next month, says Council of Mortgage lenders. (Fri, 28 Apr 2006 01:11:24 GMT)
Lifelong house no longer home
Broker s deal ends with couple facing eviction by new owner Carol and Anthony Calvagno said they just weren't thinking straight three years ago when the solicitation from Southern Star Mortgage came in the mail. (Fri, 28 Apr 2006 03:01:48 GMT)
New Chief for Mortgage Finance Agency
WASHINGTON, April 27 (Reuters) — The White House said on Thursday that James B. Lockhart III, the deputy commissioner of the Social Security Administration, would be nominated to lead the agency that oversees the mortgage finance giants Fannie Mae and Freddie Mac. (Fri, 28 Apr 2006 04:12:13 GMT)
Mortgage Experts
- www.metrofinance.co.uk Mortgage problems? Metro Finance makes it simple to find a mortgages to suit your requirements. If you suffer from CCJs or have no credit score, we may still be able to help. (Fri, 28 Apr 2006 07:02:24 GMT)
30-Year Mortgage Rates Continue to Climb
Rates on 30-year fixed-rate mortgages averaged 6.58% this week, up from 6.53% last week and the highest since the week of June 20, 2002, mortgage company Freddie Mac said. (Fri, 28 Apr 2006 07:32:43 GMT)
Mortgage LO's & Brokers are Flocking to RealtorPartnershipSystem.com to Receive Purchase Referrals From Realtors
RealtorPartnershipSystem.com is Becoming the Most Effective Way to Generate Purchase Referrals Coming Directly From Real Estate Agents & Realtors who are Referring their Clients Directly to Mortgage LO's & Brokers. (PRWEB Apr 28, 2006) (Fri, 28 Apr 2006 07:44:09 GMT)
The dark side of easy home loans
The real estate industry is witnessing a boom but with this comes an unwanted upsurge - the increase in home loan frauds. (Fri, 28 Apr 2006 07:47:05 GMT)
Fewer in market for mortgage
Mortgage applications in the U.S. fell for a third straight week as home purchases declined to the lowest level since November 2003, adding to evidence housing will keep slowing. (Fri, 28 Apr 2006 08:10:45 GMT)
All mortgage rates continue to climb
WASHINGTON -- Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58% this week, up from 6.53% last week. (Fri, 28 Apr 2006 08:52:54 GMT)
Broker snap: Mortgage banks in favour
LONDON (SHARECAST) - Mortgage lender Alliance & Leicester was given uplift after broker Fox-Pitt, Kelton upgraded the shares to “in-line” from “underperform” with a price target of 1,100p from 1,000p. (Fri, 28 Apr 2006 09:24:21 GMT)
FSA to expand Islamic mortgage regulation
LONDON (Reuters) - The Financial Services Authority (FSA) will expand its regulation of the Islamic mortgage market and of "equity release" mortgages aimed at elderly homeowners, it said on Thursday, in a proposal laying out plans for new provisions. (Fri, 28 Apr 2006 09:31:11 GMT)
Mortgage lending stays on a high
Mortgage lending rose by €2.1bn in March, the second highest increase on record, it was revealed today. The Central Bank’s monthly statistics showed home-buyers were continuing to borrow huge sums at some of the highest-ever levels. (Fri, 28 Apr 2006 11:39:00 GMT)
Mortgage application may trigger junk calls
When you get a mortgage rate quote or a preapproval, you probably assume that your inquiry with the lender is confidential. (Fri, 28 Apr 2006 12:16:22 GMT)
Mortgage rates reach 4-year high
Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. Mortgage giant Freddie Mac said rates on 30-year, fixed-rate mortgages averaged 6.58 percent this week, up from 6.53 percent last week. The new rate was the highest since 30-mortgages stood at 6.63 percent the week of June 20, 2002. (Fri, 28 Apr 2006 13:29:39 GMT)
ICICI Bk may raise home loan rates next wk-sources
MUMBAI (Reuters) - ICICI Bank, India's second-largest lender, is likely to announce a 50-75 basis points increase in interest rates on home loans next week, industry sources said on Friday. (Fri, 28 Apr 2006 13:31:38 GMT)
Landlord to pay $1.5 million in mortgage fraud
BUFFALO, N.Y. A landlord who defaulted on 104 mortgage loans for rental properties he owned, resulting in the eviction of dozens of families, pleaded guilty today to grand larceny and fraud. (Fri, 28 Apr 2006 14:17:20 GMT)
How to spend your home equity line of credit
I've been having a debate with my wonderful wife. We owe $10,000 on a home equity line of credit and we have a car loan with a balance of about $16,000. I would like to borrow more from the home equity line to pay off the car loan since interest on the home equity loan interest is tax deductible. My wife would rather use some cash we have to pay off the home equity line and continue paying the (Fri, 28 Apr 2006 14:46:41 GMT)
Mortgage lending stays on a high
Mortgage lending rose by €2.1bn in March, the second highest increase on record, it was revealed today. The Central Bank’s monthly statistics showed home-buyers were continuing to borrow huge sums at some of the highest-ever levels. (Fri, 28 Apr 2006 15:09:19 GMT)
Fitch Rates HarborView Mortgage Loan Trust 2006-4
NEW YORK----April 28, 2006--Fitch rates HarborView Mortgage Loan Trust 2006-4 mortgage loan pass-through certificates as follows: $1.681 billion classes 1 A1A, 1 A1B, 1-A2A, 1-A2B, 2 A1A, 2 A1B, 2 A1C, 3 A1A, 3 A1B, 3 A1C, X-1, X-3A, X-B, PO-1, PO-3A, PO-B and A-R 'AAA' ; $47.1 million class B-1 'AA+'; $32.9 million class B-2 'AA'; $13.2 million class B-3 'AA-'; $15.1 million class B-4 'A+'; (Fri, 28 Apr 2006 17:40:00 GMT)
Fitch Rates Nomura Home Equity Loan Trust $704.3MM 2006-HE2
NEW YORK----April 28, 2006--Fitch has assigned the following ratings to Nomura Home Equity Loan Trust, series 2006-HE2: $560,152,000 classes A-1, A-2, A-3 and A-4 'AAA'; $30,107,000 class M-1 'AA+'; $27,505,000 class M-2 'AA'; $17,098,000 class M-3 'AA-'; $13,381,000 class M-4 'A+'; $14,124,000 class M-5 'A'; $11,894,000 class M-6 'A-'; $11,522,000 class M-7 'BBB+'; $10,779,000 class M-8 'BBB'; (Fri, 28 Apr 2006 17:45:00 GMT)
Eight Individuals Indicted for Mortgage Fraud
On Tuesday, The New York Attorney General and the banking department of the state declared the eight individuals that were charged for allegedly participating on a fraud scheme on mortgage lenders. The scheme involved millions of dollars for the previous years. (Fri, 28 Apr 2006 17:48:31 GMT)
Fitch Rates $1.343B NovaStar Mortgage Funding Trust, Series 2006-1
::► Fitch Rates $1.343B NovaStar Mortgage Funding Trust, Series 2006-1◄:: Fitch rates NovaStar Mortgage Funding Trust $1.343 billion home equity loan asset-backed notes, series 2006-1, as follows: -- $1.1 billion classes A-1A, A-2A, A-2B, A-2C, and A-2D ... (Fri, 28 Apr 2006 19:00:35 GMT)
Bad Credit Mortgage Experts, No 100% LTV
- www.mortgage-researcher.co.uk We've researched some great mortgage rates for people who wish to self-certify their income and/or have poor credit eg. CCJs, defaults, arrears, IVAs, bankruptcy, etc. No 100% lending. (Fri, 28 Apr 2006 20:28:17 GMT)
Bad Credit Mortgage Experts, No 100% LTV
- www.mortgage-researcher.co.uk We've researched some great mortgage rates for people who wish to self-certify their income and/or have poor credit eg. CCJs, defaults, arrears, IVAs, bankruptcy, etc. No 100% lending. (Fri, 28 Apr 2006 20:36:24 GMT)
Fitch Rates TBW Mortgage-Backed Pass-Through Ctfs, Series 2006-2
NEW YORK----April 28, 2006--Fitch rates Taylor, Bean & Whitaker mortgage pass-through certificates, series 2006-2, as follows: $590,819,424 classes 1-A-1 through 1-A-5, 2-A-1, 3-A-1, 4-A-1, 5-A-1, 6-A-1, 7-A-1, 7-A-2, 8-A-1, A-X, C-X, D-X, A-P, and C-P 'AAA'. (Fri, 28 Apr 2006 20:57:00 GMT)
Federal Home Loan Bank of San Francisco Releases March 2006 Cost of Funds Index
SAN FRANCISCO----April 28, 2006--The Federal Home Loan Bank of San Francisco announced April 28, 2006, that the 11th District Monthly Weighted Average Cost of Funds Index for March 2006 is 3.624%. (Fri, 28 Apr 2006 22:10:00 GMT)
Woolwich tracks base rates for the lifetime of your mortgage
WOOLWICH is set to offer a lifetime tracker mortgage at just 0.19 points above the base rate, giving a current rate of 4.69 per cent. (Sat, 29 Apr 2006 00:28:38 GMT)
Mortgage lending in UK set to pass one trillion pound mark
Total mortgage borrowing in the UK will pass the GBP1 trillion mark early next month, according to an article published by the UKs Council of Mortgage Lenders. (Sat, 29 Apr 2006 01:21:28 GMT)
Alliance & Leicester launches new mortgage deals
Leading UK high street mortgage provider Alliance & Leicester has revealed two new mortgages for homebuyers. (Sat, 29 Apr 2006 01:22:09 GMT)
Pros, cons of supersizing your home mortgage
Think of it as a mortgage that has been supersized. Like that other supersizer, McDonald's, the massive mortgage was born in southern California's San Bernardino County. Statewide Bancorp of Rancho Cucamonga began offering the loan in late March to California residents. Advertisements have yielded a lot of phone calls and "quite a few applications," said Alex Diaz Jr., vice president of Statewide. (Sat, 29 Apr 2006 05:31:24 GMT)
SBI hikes home loan, deposit rates
State Bank of India (SBI) has hiked home loan rates by increasing the State Bank Average Rate (SBAR), which was at 10.25% per annum to 10.75% w.e.f May 1, 2006. (Sat, 29 Apr 2006 07:00:49 GMT)
How to cross the mortgage minefield
Decided to buy a house? Now the challenge becomes finding an affordable mortgage. What's best for you? Conventional? No money down? Adjusted-rate mortgage? Interest only? (Sat, 29 Apr 2006 07:04:15 GMT)
SBI hikes home loan rates
Country's largest bank State Bank of India (SBI) has hiked the home loan rates for various tenures with effect from May 1. The fixed rate element has gone up by 25 basis points or 0.25 per cent for loans, hence, the interest on loans for upto five years is raised to 9.50 per cent from 9.25 per cent. (Sat, 29 Apr 2006 07:17:13 GMT)
SBI hikes home loan rates
Country's largest bank State Bank of India (SBI) today hiked the home loan rates for various tenures with effect from May 1. (Sat, 29 Apr 2006 07:22:34 GMT)
SBI hikes home loan rates by 0.25 pc
SBI has hiked home loan rates by 25 basis points. The increased hike will be in effect from 1st may. (Sat, 29 Apr 2006 07:25:23 GMT)
State Bank of India Revises Home-Mortgage Rates (Update1)
April 29 (Bloomberg) -- State Bank of India, the nation's biggest lender, raised the rate it charges on home-mortgage loans for the second time in two months to counter an increase in funding costs. (Sat, 29 Apr 2006 08:19:59 GMT)
SBI hikes home loan rates
The country's largest bank State Bank of India (SBI) on Saturday hiked the home loan rates for various tenures with effect from May 1. (Sat, 29 Apr 2006 08:41:23 GMT)
SBI hikes home loan rates
SBI hikes home loan rates (Sat, 29 Apr 2006 09:02:05 GMT)
SBI hikes home loan rates by 0.25 per cent
Mumbai, Apr 29 (ANI): State Bank of India (SBI), the country's largest bank today announced a 0.25 per cent hike in the home loan rates for various tenures with effect from May 1, 2006. (Sat, 29 Apr 2006 11:46:29 GMT)
SBI hikes home loan rates by up to 50 bps
State Bank of India (SBI) on Saturday hiked home loan rates for the second time in two months as it seeks to counter the rising cost of funds. The new rates will come into force from May 1. The bank raised home-loan rates by as much as 50 basis points. (Sat, 29 Apr 2006 13:09:06 GMT)
Mortgages are now going to 40, 50 years
Think of it as a mortgage that has been supersized. Like that other supersizer, McDonald’s, the massive mortgage was born in southern California’s San Bernardino County. Statewide Bancorp of Rancho Cucamonga began offering the loan in late March to California residents. (Sat, 29 Apr 2006 14:18:42 GMT)
Cowen issues warning as mortgage lending tops €100bn
The Minister for Finance Brian Cowen has urged people to be careful about making investments after mortgage lending topped €100bn for the first time. However, the Irish League of Credit Unions wants the Government to change the law so that lending can be increased over five- and 10-year periods. (Sat, 29 Apr 2006 14:38:39 GMT)
China housing fund ups individual mortgage rates
SHANGHAI, April 29 (Reuters) - China's public housing fund has raised its mortgage rates for individual house buyers by 18 basis points effective from May 8, the official Xinhua news agency said on Saturday. (Sat, 29 Apr 2006 15:59:45 GMT)
SBI hikes home loan rates
The country's largest bank State Bank of India (SBI) on Saturday hiked the home loan rates for various tenures with effect from May 1. (Sat, 29 Apr 2006 16:23:48 GMT)
Buyers can get lost in the mortgage maze
DETROIT - You've made the big decision to buy a house. Now the challenge becomes finding an affordable mortgage. What's best for you? Conventional? No-money down? Adjusted-rate mortgage? Interest only? In this aggressive mortgage market, it can be overwhelming to determine which mortgage meets your needs. And the dozens of mortgage offers that likely clutter your e-mail inbox on a weekly (Sat, 29 Apr 2006 18:06:30 GMT)
Schools use controversial practice for extra cash
SAN FRANCISCO, 9:19 a.m. April 29 (AP): A growing number of schools and community colleges in California are refinancing voter-approved bonds to raise extra cash, a practice many financial experts say puts an additional burden on taxpayers and may violate state law. (Sat, 29 Apr 2006 19:25:40 GMT)
SBI hikes home loan rates
Mumbai, April 29 Country`s largest bank State Bank of India (SBI) today hiked the home loan rates for various tenures with effect from May 1. The fixed rate element has gone up by 25 basis points or 0.25 per cent for loans, hence, the interest on loans for upto five years is raised to 9.50 per cent from 9.25 per cent, the bank informed the Bombay Stock Exchange. (Sat, 29 Apr 2006 20:52:25 GMT)
30-year mortgage rates rise for 5th week
Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. (Sun, 30 Apr 2006 03:04:32 GMT)
How to cross the mortgage minefield
Decided to buy a house? Now the challenge becomes finding an affordable mortgage. What's best for you? Conventional? No money down? Adjusted-rate mortgage? Interest only? (Sun, 30 Apr 2006 03:48:45 GMT)
Case Turns Toward Law Firm
A case against a securities class-action law firm took a significant turn after a retired mortgage broker agreed to plead guilty and cooperate in the investigation. (Sun, 30 Apr 2006 04:13:26 GMT)
50-year mortgage is a better deal than ARMs
The Methuselah of mortgages has arrived: the 50-year home loan. Think of it as a mortgage that has been supersized. Like that other supersizer, McDonald's, the massive mortgage was born in Southern California's San Bernar dino County. (Sun, 30 Apr 2006 04:39:15 GMT)
'Product' might mean more debt
Dear Mary: A year ago, we took a second mortgage on our home. Now the finance company is calling, saying they have a "new product" that would allow us to consolidate our debts. (Sun, 30 Apr 2006 07:20:19 GMT)
Tampa Mortgage Company Offers True No Fee Loans To Low Income Homebuyers
Tampa median home prices rise and buying a home in Tampa becomes more difficult for the average resident. Tampa mortgage company offers no fee loans to borrowers earning less than 75% of the MSA's median income and reduced fees to anyone else under the median income for the MSA. (PRWEB Apr 30, 2006) (Sun, 30 Apr 2006 07:23:07 GMT)
Independent Mortgage Review Service
Bad Credit? Need a Remortgage? - www.problem-remortgages.co.uk Problem finding a remortgage? Specialist poor credit remortgage lenders accept enquiries from people with CCJs, defaults, IVAs, mortgage or rent arrears or repossession problems. Click here. (Sun, 30 Apr 2006 07:56:30 GMT)
New fixed-rate, interest-only mortgage popular
As rising mortgage rates drive up the costs of buying a home, consumer demand has soared for a recently introduced type of mortgage that offers the security of a fixed interest rate but with relatively low monthly payments in the loan's early years. (Sun, 30 Apr 2006 08:01:34 GMT)
Mortgage-free: The way to be?
Paying off your mortgage sounds like a no-brainer, but it may not be the wisest move for everyone. Financial experts say it makes more sense if you already have a financial safety net in place, you’re not loaded with much other debt, and you can earmark that cash for other useful purposes. (Sun, 30 Apr 2006 08:05:18 GMT)
Mortgage rates continue upward climb
Driven by inflation and interest rate expectations, mortgage rates rose across the board, according to Bankrate.com's weekly national survey of large lenders. (Sun, 30 Apr 2006 08:52:26 GMT)
HOME CALENDAR
Understanding Credit and Your Credit Score: 7 p.m. Wed. at the Livonia Chamber of Commerce, 33233 Five Mile, Livonia. Free. Sponsored by Jeff Brindley of Home Loan Specialists. Call 734-748-4909 for reservations. Home Buyers Seminars by Shore Mortgage: All events are free. (Sun, 30 Apr 2006 08:56:05 GMT)
30-year mortgage rates rise for 5th week
Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. (Sun, 30 Apr 2006 08:57:48 GMT)
Mortgage rates edge up to 6.58%
WASHINGTON – Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey reported Thursday. (Sun, 30 Apr 2006 09:52:24 GMT)
Mortgage fraud trial could take four weeks
A federal mortgage fraud case in U.S. District Court could take up to four weeks to try, according to documents on file in the Hattiesburg Division clerk's office. (Sun, 30 Apr 2006 10:02:40 GMT)
Schools' refinancing questioned
A growing number of schools and community colleges in California are refinancing voter-approved bonds to raise extra cash, a practice many financial experts say puts an additional burden on taxpayers and may violate state law. (Sun, 30 Apr 2006 10:33:13 GMT)
Which mortgage will open the door for you?
Decisions, decisions, decisions. You've found your dream home; it's time to shop for the right loan. You've made the big decision to buy a house. Now the challenge becomes finding an affordable mortgage. (Sun, 30 Apr 2006 10:47:56 GMT)
Bank Boss Takes Out Rival's Mortgage
The boss of Barclays has taken out a mortgage with rival HSBC, it has emerged. (Sun, 30 Apr 2006 12:57:41 GMT)
Mortgage-free: The way to be?
Paying off your mortgage sounds like a no-brainer, but it may not be the wisest move for everyone. Financial experts say it makes more sense if you already have a financial safety net in place, you’re not loaded with much other debt, and you can earmark that cash for other useful purposes. (Sun, 30 Apr 2006 13:50:22 GMT)
HOW I GOT THE JOB: Angela Hoffman, mortgage consultant/ loan officer
Company: Soldi Financial About the company: This mortgage brokerage, based in Kansas City, works with individual customers in every price range. (Sun, 30 Apr 2006 13:51:42 GMT)
Details cast doubt on loan to Croud family
Two Duluth city councilors who supported using a city loan to help finance the construction of a home for the brother and children of David Croud now say the decision should be reconsidered. (Sun, 30 Apr 2006 14:16:52 GMT)
Schools' refinancing questioned
A growing number of schools and community colleges in California are refinancing voter-approved bonds to raise extra cash, a practice many financial experts say puts an additional burden on taxpayers and may violate state law. (Sun, 30 Apr 2006 16:04:19 GMT)
Reverse Mortgage Program May Get New Enhancements
April 30, 2006 – The Reverse Mortgage Program, already popular with senior citizens, may get even better. The U.S. House of Representatives is considering legislation that would make substantial improvements to the federal reverse mortgage program, including a plan that would allow older homeowners to access greater amounts of equity from their homes, according to the National Reverse Mortgage (Sun, 30 Apr 2006 18:59:53 GMT)
ShareChat News: Home loan rates start rising
Many home buyers are believing that home loan interest rates will start decreasing when the opposite is happening. The latest ASB Housing Confidence survey, released today says there has been a big change in findings. (Sun, 30 Apr 2006 22:35:56 GMT)
Barclays boss has mortgage with rival
Barclays Bank is facing potential embarrassment after its chief executive apparently snubbed his own company and took out a mortgage with HSBC, one of its main rivals. (Sun, 30 Apr 2006 23:17:07 GMT)
Previous 1 2 3
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
medical insurance |
e real estate pro |
auto donation |
senior care site |
online pet info |
local plastic surgery |
here |
online lawyer |
online gift resources |
night clubs |
click here |
click here |
useful mortgage resources |
real estate online |
home security guide |
local plastic surgery |
online bankruptcy attorneys |
Business Tax |
buy insurance |
rehabilitation site |
mortgage site |
travel resources |
law info |
drug addiction recovery
