Mortgage News Jul 2006

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

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Tue, 25 Jul 2006 12:21:32 GMT)

German Commerzbank's Polish BRE Bank ups mortgage sales 150% y/y
WARSAW. JULY 25. INTERFAX CENTRAL EUROPE - German Commerzbank's Polish BRE Bank posted 150% annual growth in first-half mortgage sales to nearly PLN 4.9 bln, the bank said in a press release Tuesday. (Tue, 25 Jul 2006 13:20:57 GMT)

Why Mortgage Life Insurance is Not a Good Idea
(ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services. (Tue, 25 Jul 2006 13:24:31 GMT)

Fitch Affirms 1 & Upgrades 11 RMBS Classes from RESI Series 2004-A
NEW YORK----July 25, 2006--Fitch has taken rating action on the following mortgage pass-through certificates from RESI Finance Limited Partnership series 2004-A: Class A affirmed at 'AAA'; Class B-1 upgraded to 'AAA' from 'AA+' ; Class B-2 upgraded to 'AA' from 'AA-' ; Class B-3 upgraded to 'A+' from 'A'; Class B-4 upgraded to from 'A' from 'A-' ; Class B-5 upgraded to 'A-' from 'BBB+'; Class (Tue, 25 Jul 2006 14:05:00 GMT)

Comment: The Billion-Pound Mortgage Swindle!
If you suddenly lost your job, had a nasty accident, or became too ill to work for a while, what would you fall back on to pay your mortgage? Ideally, you'll have a decent-sized emergency fund in a high-interest savings account to turn to, say, enough to cover your usual household expenses for between three and twelve months. (Tue, 25 Jul 2006 16:18:46 GMT)

Wells Fargo Home Mortgage Adds 40-Year Loan to Suite of Products Designed to Make Homeownership More Affordable
Homebuyers in high-cost housing markets eager to find a way to make monthly mortgage payments more affordable have a new option with Wells Fargo Home Mortgage. (Tue, 25 Jul 2006 16:30:00 GMT)

Digitization and Automation Will Yield Great Returns in Mortgage Biz
Now that the refinance boom is fizzling out, mortgage lenders are presented with the perfect opportunity to reassess how they do things. (Tue, 25 Jul 2006 16:46:23 GMT)

Digitization and Automation Will Yield Great Returns in Mortgage Biz
BearingPoint report illustrates the importance of digitization and automation in streamlining the mortgage process. (Tue, 25 Jul 2006 16:48:52 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Tue, 25 Jul 2006 17:13:43 GMT)

• When Does Refinancing Make Sense?
Mortgage Bankers Association said that despite the upward drift in mortgage rates, refinancing continue to account for more than a third of all new mortgage applications. (Tue, 25 Jul 2006 17:38:06 GMT)

Home loan rates to rise
Home loan consumers are in for a hard time with the RBI increasing its key interest rates on Tuesday for the second time in less than 45 days. Public sector banks and housing finance companies like HDFC are planning to hike home loan rates by half a per cent. (Tue, 25 Jul 2006 17:38:57 GMT)

RBI paves way for home, auto, personal loan rate hike
Mumbai: Home, auto and personal loans may cost more as banks and housing financial institutions have said they would hike interest rates following a quarter per cent increase by the Reserve Bank in short term rates today. (Tue, 25 Jul 2006 18:29:23 GMT)

Identity Thieves Could Stop Your Home Sale in Its Tracks
An identity thief steals your personalinformation, uses it to take out a home-equity loan in your name andabsconds with the cash. You try to sell your house and know nothing untila few days before the closing, when the buyer's lender or the title companyuncovers the outstanding loan on your home and says, 'Stop!' (Tue, 25 Jul 2006 18:42:44 GMT)

Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Tue, 25 Jul 2006 19:29:22 GMT)

Put a Lid on Rising Mortgage Payments
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? (Tue, 25 Jul 2006 19:58:36 GMT)

Put a Lid on Rising Mortgage Payments
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? (Tue, 25 Jul 2006 20:41:34 GMT)

Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Tue, 25 Jul 2006 20:44:54 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Tue, 25 Jul 2006 20:46:24 GMT)

Beware of refinancing with adjustable rate mortgages
The newest twist in home mortgage refinancing is putting some property owners on shaky ground. Many are replacing an adjustable rate mortgage that is about to balloon with another adjustable rate mortgage. It's not illegal, but it is financially risky. (Tue, 25 Jul 2006 22:07:55 GMT)

Federal Home Loan Bank of San Francisco Reports Second Quarter Operating Results
SAN FRANCISCO----July 25, 2006--The Federal Home Loan Bank of San Francisco today announced that its net income for the second quarter of 2006 was $128 million, compared to $106 million for the second quarter of 2005. (Tue, 25 Jul 2006 22:10:00 GMT)

Independent calculator gauges best mortgage deals
An independent mortgage calculator to beat rising interest rates is receiving significant interest as the Reserve Bank announces its official cash rate (OCR) tomorrow. (Tue, 25 Jul 2006 22:49:57 GMT)

Consumers Keep a Stiff Upper Lip
New reports show that if the current contractions in housing and consumer spending remain gradual, the economy should stay healthy (Tue, 25 Jul 2006 23:00:28 GMT)

Mortgage requests drop since the start of hostilities
Since the eruption of hostilities two weeks ago, new requests for mortgages are down by tens of percentage points throughout the country compared to the parallel two weeks in June, according to data published by the mortgage banks. (Wed, 26 Jul 2006 00:06:10 GMT)

FNC, Inc. and ION Capital Work to Energize Mortgage Lending
FNC, Inc. manages real estate collateral information for the nation's largest mortgage lenders and now - with the addition of forward-looking ION Capital, Inc. -- for the nation's next large lender. (Wed, 26 Jul 2006 00:09:00 GMT)

Behind the Chinese M&A Surge
Government plans to relax foreign currency controls will help mainland companies looking to diversify in a competitive market (Wed, 26 Jul 2006 04:00:38 GMT)

Mortgage REIT’s Are Aloft, but Dangers Remain
The direction of a sector may depend in part on the Fed’s next moves. (Wed, 26 Jul 2006 05:11:45 GMT)

Refinance At Today's Rising Rates? Perhaps
This bit of data arrived via e-mail from the Mortgage Bankers Association: Despite the upward drift in mortgage rates, refinancings continue to account for more than a third of all new mortgage applications. (Wed, 26 Jul 2006 07:17:11 GMT)

Why Mortgage Life Insurance is Not a Good Idea
(ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services. (Wed, 26 Jul 2006 09:19:08 GMT)

FSA disciplines mortgage advisor
Mr Davis fell well below acceptable standards in the way he carried out his duties as a director of his firm. His misconduct led to considerable consumer detriment. This is the first occasion on which the FSA has disciplined a senior manager of a mortgage and general insurance broker. (Wed, 26 Jul 2006 09:42:22 GMT)

Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Wed, 26 Jul 2006 10:29:47 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Wed, 26 Jul 2006 10:30:57 GMT)

American Home Mortgage Announces Second Quarter Results
American Home Mortgage Investment Corp. announced today results for the quarter ended June 30, 2006. (Wed, 26 Jul 2006 11:00:00 GMT)

Mortgages for purchases fall to 3-year low
WASHINGTON (MarketWatch) -- The number of applications for mortgages to buy homes dropped 2.4% last week, matching the three-year low reached four weeks ago, the Mortgage Bankers Association said Wednesday. (Wed, 26 Jul 2006 11:02:21 GMT)

HK sees new mortgage loan value up 24.5 percent in June
HONG KONG, 07/26 - The value of new residential mortgage loans drawn down during June rose 24.5 percent to 12.5 billion HK dollars (1.6 billion U.S. dollars) but new loans approved fell 6.4 percent to 12.9 billion HK dollars (1.65 billion U.S. dollars), Hong Kong Monetary Authority said Tuesday. (Wed, 26 Jul 2006 11:29:44 GMT)

Mortgage applications fall again
MBA's index of mortgage activity decreases 1.3 percent, down for the second consecutive week. (Wed, 26 Jul 2006 11:43:17 GMT)

Young African American Realtist®/Mortgage Broker Awarded for Developing New Real Estate Conveyance Instrument: “Buyout
Oakland, CA (PRWEB) July 26, 2006 -- Ten-year real estate veteran and eight-year mortgage professional Monique Thomas has developed a new, but relatively easy mean by which a co-owner in real property can buy out one or more other co-owners for cash. (Wed, 26 Jul 2006 12:00:00 GMT)

HouseValues Introduces Fully-Integrated Lead Management Tools Specifically Designed for Mortgage Professionals
HouseValues Inc. and Leads360, LLC announced an agreement today that will provide HouseValues' mortgage clients with a first-of-its-kind, customized and fully-integrated lead management system to help mortgage professionals nationwide convert more leads into closed loans. (Wed, 26 Jul 2006 12:15:00 GMT)

Put a Lid on Rising Mortgage Payments
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? (Wed, 26 Jul 2006 12:20:52 GMT)

American Home Mortgage 2Q Profit Rises
American Home Mortgage Investment Corp., a mortgage real estate investment trust, said Wednesday its second-quarter profit rose 11 percent on strong net interest and noninterest income. (Wed, 26 Jul 2006 12:45:26 GMT)

American Home Mortgage profit rises
MELVILLE – Mortgage real estate investment trust American Home Mortgage Investment Corp. said Wednesday its second-quarter profit spiked 11 percent on solid growth in its loan portfolio. (Wed, 26 Jul 2006 13:41:11 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Wed, 26 Jul 2006 15:03:04 GMT)

HouseValues Introduces Fully-Integrated Lead Management Tools Specifically Designed for Mortgage Professionals
HouseValues Inc. (NASDAQ: SOLD) and Leads360, LLC announced an agreement today that will provideHouseValues' mortgage clients with a first-of-its-kind, customized andfully-integrated lead management system to help mortgage professionalsnationwide convert more leads into closed loans. (Wed, 26 Jul 2006 16:27:02 GMT)

Informa Research Services Taps Jambo to Bring Pay-Per-Call Solution to Mortgage Brokers
(July 26, 2006) North America, BUSINESS WIRE -- Jambo (www.jambo.com), a leading provider of solutions that effectively connect people by phone to businesses represented in Internet search and traditional media, today announced a pilot program with Informa Research Services, Inc., to incorporate Jambo's pay-per-call and Pay-Per-Call Collect(TM) solutions to connect consumers and mortgage brokers (Wed, 26 Jul 2006 16:36:46 GMT)

Mortgage demand falls as housing market cools
Mortgage applications fell for a second consecutive week, an industry trade group said Wednesday, adding further evidence that the once robust housing market is softening. (Wed, 26 Jul 2006 16:56:19 GMT)

LendingTree Executive to Share Online Lending Best Practices at Inman News' Inaugural Mortgage Marketing Summit
Lori Collins, senior vice president and general manager for LendingTree Exchange and GetSmart, speaks today about recent trends and best practices with online mortgage lead generation at Inman News' first Internet Mortgage Market Summit held at Real Estate Connect in San Francisco, Calif. (Wed, 26 Jul 2006 17:39:00 GMT)

Put a Lid on Rising Mortgage Payments
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? (Wed, 26 Jul 2006 17:59:36 GMT)

Global Mortgage shines Savage Pearls, 5-3
Conditions were perfect for the game at the Kauai Polo Club on Sunday. A large crowd watched Global Mortgage establish an early lead and use a combination of good offense and defense to win, 5-3. (Wed, 26 Jul 2006 18:26:06 GMT)

California commercial loan delinquency remains low
The California commercial loan delinquency ratio is 0.09 percent, half of what it was a year ago, according to the California Mortgage Bankers Association's quarterly survey released June 30. (Wed, 26 Jul 2006 18:28:25 GMT)

Banks up home loan EMIs to pass on rate hike
Caught in a regular rising interest rate scenario, banks and housing finance companies are adopting multiple strategies to pass on the effect of the rate hike to customers. (Wed, 26 Jul 2006 18:54:20 GMT)

Federal Home Loan Bank boosts net income, margin in 2Q
The Federal Home Loan Bank of Cincinnati saw an across-the-board jump in its results for the second quarter and first half of 2006. (Wed, 26 Jul 2006 18:54:33 GMT)

• US Mortgage Demand Drops as Housing Market Softens
Wednesday, an industry trade group said that mortgage applications fell for a second consecutive week, adding further evidence that the once robust housing market is softening. (Wed, 26 Jul 2006 19:52:56 GMT)

Weekly Home Mortgage Rates
Weekly Home Mortgage Rates (Wed, 26 Jul 2006 19:55:48 GMT)

Lowrie sells share of mortgage company
Regina Lowrie, chairman of the national Mortgage Bankers Association and co-founder of one of the Philadelphia area's largest mortgage lenders, said Wednesday she has sold her stake in Gateway Funding Diversified Mortgage Co. to one of her partners. (Wed, 26 Jul 2006 20:35:44 GMT)

Mortgage loan application volume falls 1.3%
Mortgage loan application volume was down 1.3 percent on a seasonally adjusted basis, and was 28.2 percent lower than last year on an unadjusted basis, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending July 21. (Wed, 26 Jul 2006 20:48:33 GMT)

Fitch Rates WaMu Mortgage P-T Ctfs $1.2B Series 2006-AR8
NEW YORK----July 26, 2006--Fitch rates WaMu mortgage pass-through certificates, series 2006-AR8, as follows: (Wed, 26 Jul 2006 20:55:00 GMT)

LendingTree Executive to Share Online Lending Best Practices at Inman News' Inaugural Mortgage Marketing Summit
Lori Collins, senior vice president and general manager for LendingTree Exchange and GetSmart, speaks today about recent trends and best practices with online mortgage lead generation at Inman News' first Internet Mortgage Market Summit held at Real Estate Connect in San Francisco, Calif. (Wed, 26 Jul 2006 21:57:10 GMT)

Weekly Home Mortgage Rates
NORTH PALM BEACH, Fla. (AP) - Average mortgage rates for single-family homes in the 10 largest metropolitan areas as of July 26, 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.---NORTH PALM BEACH, Fla. (AP) - bankrate.com's national average for a 5-year adjustable (Wed, 26 Jul 2006 22:05:59 GMT)

Refinancing Can Relieve Your Car Payment Burdens
(ARA) - It is not uncommon for car owners to find themselves in a situation where their car payments become a bigger financial drain than they anticipated. This can happen for many different reasons: job loss, sudden unexpected expenses, or simply because the car payments aren't in line with income. (Thu, 27 Jul 2006 00:11:23 GMT)

Reverse mortgage body creates new course
The industry body for Australia's reverse mortgage providers hopes an industry specific accreditation course will make the products safer for consumers. (Thu, 27 Jul 2006 02:10:16 GMT)

Reverse mortgage body creates new course
The industry body for Australia's reverse mortgage providers hopes an industry specific accreditation course to be launched next week will make the products safer for consumers. (Thu, 27 Jul 2006 02:23:17 GMT)

Scott Burns: Reverse mortgage not best way to pay for trips
Q: My son-in-law's parents are urging me to take a reverse mortgage to increase my income so I have more freedom to travel and don't have to budget so tightly. I am 70. My house is worth around $200,000. I have about $200,000 in financial assets and no debt. My income is about $26,000 from Social Security, retirement and dividends (Thu, 27 Jul 2006 05:36:10 GMT)

Mortgage Forever
Ask Norm Edelen how old he will be when his last mortgage payment is due, and he doesn't miss a beat. The answer: 100. Not that he is troubled by the likelihood that his housing debt will last longer than he will: "It doesn't bother me at all," the 74-year-old resident of San Bernardino, Calif., said. "It's not something I ever thought I would live to complete." (Thu, 27 Jul 2006 07:26:57 GMT)

Union Bank may hike home loan, retail loan interest rates
New Delhi: Public sector Union Bank of India today said it is likely to increase interest rates on home and personal loans next week, following the RBI's decision to hike short-term rates by 25 basis points. (Thu, 27 Jul 2006 08:38:26 GMT)

June mortgage approvals climb
LONDON (Reuters) - The number of mortgage approvals for home purchases in Britain rose 22 percent in June from a year ago, suggesting house prices will keep rising, British Bankers' Association data showed on Thursday. (Thu, 27 Jul 2006 09:24:43 GMT)

June mortgage approvals jump 22%
There was a further sign that the housing market is continuing to gain strength today as a new survey revealed mortgage approvals were up 22% from a year ago in June. (Thu, 27 Jul 2006 09:46:29 GMT)

Banks to add 80 mortgage jobs
Birmingham's financial services industry stands to gain about 80 jobs after Regions Financial Corp. and AmSouth Bancorp combine mortgage operations. (Thu, 27 Jul 2006 09:46:56 GMT)

Mortgage rates fall, await next Fed meeting
The 30-year fixed mortgage rate fell to 6.77 percent this week in Bankrate's survey, and it's unlikely to move much until investors see what the Fed will do next. (Thu, 27 Jul 2006 10:00:00 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Thu, 27 Jul 2006 10:24:51 GMT)

Bankrate: Mortgage Rates Retreat to a Six-Week Low
Mortgage rates dropped thanks to slower economic growth and hints from Fed Chairman, Ben Bernanke, that interest rate hikes are nearing an end. The average 30-year fixed rate mortgage fell to 6.77 percent, a six-week low. (Thu, 27 Jul 2006 11:30:00 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Thu, 27 Jul 2006 12:21:02 GMT)

Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Thu, 27 Jul 2006 14:16:27 GMT)

Caution over switch to fixed loan rates
MORTGAGE experts yesterday warned home borrowers to tread carefully before switching to fixed rate loans ahead of the expected official rate hike next Wednesday. (Thu, 27 Jul 2006 14:25:47 GMT)

Regions mortgage relocates, cuts jobs
Regions Bank is moving its mortgage banking headquarters operations to Birmingham, Ala., and as part of the move plans to eliminate 100 jobs in Memphis. (Thu, 27 Jul 2006 14:40:10 GMT)

Realty Executives Launches Program to Help Increase Homeownership for Teachers
By taking advantage of the special mortgage products, teachers are afforded the opportunity to purchase a home more easily, or refinance existing homes at better terms (Thu, 27 Jul 2006 15:08:10 GMT)

Mortgage rates take a tumble
Mortgage rates retreated from a two-year high this week, brought down by signs that the economy is cooling, Freddie Mac reported Thursday. (Thu, 27 Jul 2006 15:13:26 GMT)

U.S. mortgage rates fall in latest week
CHICAGO (MarketWatch) -- U.S. mortgage rates dropped in the week ending Thursday as bond markets started betting the Federal Reserve is near the end of its rate-hike cycle and the housing market continued to slow on several fronts. (Thu, 27 Jul 2006 15:47:21 GMT)

Mortgage rates post a slight decline
Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate hikes is drawing to a close. (Thu, 27 Jul 2006 16:28:52 GMT)

Private firm tapped to handle NHMFC’s bad loan portfolio
The government has outsourced a significant chunk of its mortgage collection services to a private asset management and loan company. (Thu, 27 Jul 2006 17:08:46 GMT)

Mortgage rates slip lower
Mortgage rates fell modestly this week, but housing sales continue to slow. (Thu, 27 Jul 2006 17:10:49 GMT)

Put a Lid on Rising Mortgage Payments
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? (Thu, 27 Jul 2006 17:19:13 GMT)

Mortgage Rates Dip Slightly
According to Freddie Mac, mortgage rates declined slightly this week on hopes of a coming halt to rate hikes. (Thu, 27 Jul 2006 17:23:39 GMT)

Mortgage rates drop
MCLEAN, Va. Mortgage rates dipped a bit this week on indications that economic growth is moderating. (Thu, 27 Jul 2006 18:14:45 GMT)

Mortgage Rates Tumble
Mortgage rates retreat from their near 4-year high. (Thu, 27 Jul 2006 18:38:47 GMT)

Long-Term Mortgage Rates Retreat
Mortgage rates dropped this week, thanks to hints that interest rate hikes are nearing an end. (Thu, 27 Jul 2006 18:42:11 GMT)

Mortgage Rates Tumble
Mortgage rates retreat from their near 4-year high. (Thu, 27 Jul 2006 18:42:35 GMT)

Mortgage Rates Post a Slight Decline
WASHINGTON (AP) - Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate hikes is drawing to a close. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages dipped to a nationwide average of 6.72 percent, down from 6.80 percent last week, which had been the highest level for rates in more (Thu, 27 Jul 2006 19:36:20 GMT)

New Law Designed To Protect Home Loan Borrowers
Rhode Island has a new law designed to protect borrowers. The Home Loan Protection Act was signed into law Thursday at the State House. The law protects borrowers from what is known as "predatory lending" -- mortgage practices that are considered abusive to the homeowner. (Thu, 27 Jul 2006 22:42:48 GMT)

Mortgage banks count the cost of endowment mis-selling and cuts
Encouraging results from two mortgage banks yesterday were overshadowed by steep job losses and the high cost of earlier mis-selling. (Thu, 27 Jul 2006 23:36:43 GMT)

Cairns Lockie Mortgage Commentary 28 July 2006
Welcome to the thirteenth fortnightly Cairns Lockie Mortgage Commentary for 2006, aiming to keep you informed on developments at Cairns Lockie, Mortgage Bankers and the mortgage market in general. (Fri, 28 Jul 2006 00:05:14 GMT)

Welcome to the home mortgage
Cambodia's nascent financial services industry will take a step forward in August with the launch of home loan mortgages from ANZ Royal Bank. (Fri, 28 Jul 2006 04:44:14 GMT)

Trooper sentenced in mortgage scheme
A state police trooper was sentenced to three years' probation Wednesday for his role in a $1.6 million mortgage-flipping scheme. As part of his sentence, Thomas Henry, 38, of Penn Hills, must serve six months home detention. (Fri, 28 Jul 2006 04:57:09 GMT)

Loan program options weighed
Two resolutions sought by the St. Tammany Parish Public Trust Financing Authority for a new parishwide low-interest loan program may hit a roadblock before the Parish Council. (Fri, 28 Jul 2006 06:13:32 GMT)

NATION
Rates for 30-year fixed mortgages declined slightly this week to a national average of 6.72 percent from a four-year high of 6.80 percent a week earlier. Freddie Mac, the mortgage company, reported Thursday that rates on 15-year fixed-rate mortgages, a popular choice for refinancing, fell to 6.34 percent, down from 6.41 percent last week. (Fri, 28 Jul 2006 07:07:02 GMT)

Mortgage rates show slight decline
Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate boosts is drawing to a close. (Fri, 28 Jul 2006 07:27:24 GMT)

Huth to join Boro on loan
Germany international Robert Huth is said to be on the verge of joining Middlesbrough on a season-long loan. (Fri, 28 Jul 2006 08:27:17 GMT)

Mortgage rates dip from highest level
Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate increases is drawing to a close. (Fri, 28 Jul 2006 10:12:36 GMT)

Mortgage broker a fount of new ideas
If you've seen the Mobile Mortgage Center, the so-called "Micro Branch" of Home Loan Executives, then you may be wondering who is plastered all over the back of the motor-home-turned-motor-office. (Fri, 28 Jul 2006 10:19:01 GMT)

Mortgage rates post a slight decline
WASHINGTON (AP) - Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate hikes is drawing to a close. Freddie Mac, the mortgage compan... (Fri, 28 Jul 2006 10:46:52 GMT)

State Trooper On Probation For Mortgage Scheme
A state trooper will spend three years on probation -- and likely lose his job -- for his role in a mortgage-flipping scheme in Allegheny County. (Fri, 28 Jul 2006 11:29:50 GMT)

North Jersey feels housing market chill
During the past several years of record-low mortgage interest rates, many homeowners secured disposable income to cover their bills or make purchases by refinancing or taking home-equity loans. That money translated into new cars, new decks and extra lines of credit. (Fri, 28 Jul 2006 11:58:09 GMT)

Mortgage rates nationwide post a slight decline
WASHINGTON (AP) - Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve’s long string of rate hikes is drawing to a close. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages dipped to a nationwide average of 6.72 percent, down from 6.80 percent last week, which had been the highest level for rates in (Fri, 28 Jul 2006 12:05:31 GMT)

Why Mortgage Life Insurance is Not a Good Idea
(ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services. (Fri, 28 Jul 2006 12:20:32 GMT)

Charles Batchelor: Rough justice for a mortgage ‘gamble’
The Financial Ombudsman Service is doing sterling work dealing with the raft of complaints that have come in about recent misselling scandals. Mortgage endowment claims alone numbered 69,149 in the 12 months to March and are continuing at a similar level – around 250 every working day. (Fri, 28 Jul 2006 14:11:47 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Fri, 28 Jul 2006 15:02:17 GMT)

• US Mortgage Applications Dropped for the Second Week
Mortgage applications in the United States fell for a second week as a measure of home purchases matched the lowest level since November 2003. (Fri, 28 Jul 2006 15:22:56 GMT)

• Florida Gets Biggest Grant at $6.2M from Federal Home
Federal Home Loan Bank of Atlanta will award more than $23 million in grants to 12 states, including Florida, and the District of Columbia to fund single-family and multi-family housing projects. Florida will get the biggest grant at $6.2 million for 693 units. (Fri, 28 Jul 2006 15:37:57 GMT)

Some Hawaii mortgage lenders to 6.25%
In the third week of mortgage rates back below 6.5 percent, three local lenders went to 6.25 percent. (Fri, 28 Jul 2006 15:46:34 GMT)

• New Rhode Island Law Aims To Protect Home Loan Borrowers
Rhode Island has a new law designed to protect borrowers. The Home Loan Protection Act was signed into law Thursday at the State House. The law protects borrowers from what is known as "predatory lending" -- mortgage practices that are considered abusive to the homeowner. (Fri, 28 Jul 2006 16:07:57 GMT)

Why Mortgage Life Insurance is Not a Good Idea
(ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services. (Fri, 28 Jul 2006 16:41:24 GMT)

Fitch Takes Rating Actions on 3 Renaissance HE Loan Trust Issues
NEW YORK----July 28, 2006--Fitch Ratings has taken rating actions on the following Renaissance Home Equity Loan Trust residential mortgage-backed certificates: (Fri, 28 Jul 2006 16:45:00 GMT)

Terra Firma to Issue $7B CMBS
Terra Firma, the London private equity firm, this week priced a €5.5 billion (U.S. $7 billion) commercial mortgage-backed securities deal to refinance the debt of Deutsche Annington (DAIG Group), its German housing company subsidiary. (Fri, 28 Jul 2006 17:02:24 GMT)

Federal Home Loan Bank of Boston Announces Second Quarter 2006 Results
The Federal Home Loan Bank of Boston announced the following unaudited results for the quarter ended June 30, 2006: (Fri, 28 Jul 2006 17:39:00 GMT)

NorStar Mortgage
NorStar Mortgage is a very aggressive, dedicated team of mortgage professionals, directed with each client's goal in mind. We meet and exceed every expectation! We are affiliated with over 170 lenders and offer the lowest rates and closing costs available in the industry. (Fri, 28 Jul 2006 18:19:11 GMT)

Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Fri, 28 Jul 2006 19:31:30 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Fri, 28 Jul 2006 21:57:03 GMT)

Home Depot bank stalled
Home Depot's plan to buy a bank so that it can expand its consumer loan offerings for home improvements was dealt a setback Friday. The Federal Deposit Insurance Corp., which needs to approve the purchase, said it won't take any action on Home Depot's bid to acquire Salt Lake City-based EnerBank USA until Jan. 31, 2007, at the earliest. Home Depot was disappointed by the FDIC's decision, but (Fri, 28 Jul 2006 23:20:59 GMT)

New mortgage kids on the block booming
SPECIALIST lenders have overtaken building societies for mortgage market share, according to new figures from the Bank of England. (Sat, 29 Jul 2006 00:06:47 GMT)

Scotiabank implements FIS mortgage processing system
Fidelity National Information Services, a provider of banking, mortgage lending and servicing software, has reported that its FIS subsidiary has implemented Profile at Canada-based Scotiabank to process its retail mortgage loan portfolio. (Sat, 29 Jul 2006 01:12:30 GMT)

Record UK mortgage lending for June but card lending dips - BBA
Junes gross mortgage lending of GBP20.5 billion was the highest on record, 12% above the outturn for May and 24% higher than June last year, according to figures from the British Bankers Association. (Sat, 29 Jul 2006 01:20:49 GMT)

U.S. Bank Automates Mortgage Workflow With Wolters Kluwer U.S. Bank automates mortgage workflow and reduces paper-based
For Cincinnati-based U.S. Bank ($208.9 billion in assets), the inefficiencies resulting from paper-based processing of funding requests from its mortgage broker and correspondent lender customers -- such as the errors resulting from manual data entry -- were untenable, according to Debra Ringler, SVP, wholesale operations, for U.S. Bank Home Mortgage, a division of U.S. Bank. "We were done with (Sat, 29 Jul 2006 02:31:12 GMT)

U.S. Bank Automates Mortgage Workflow With Wolters Kluwer
U.S. Bank automates mortgage workflow and reduces paper-based processing. (Sat, 29 Jul 2006 02:33:41 GMT)

Ex-mortgage banker sentenced 37 months
The former head of a Phoenix mortgage bank has been sentenced to 37 months in prison because of a $3.4 million check-kiting scheme. (Sat, 29 Jul 2006 02:38:10 GMT)

Is it Time to Refinance Your Car?
(ARA) - Do you end every month with barely enough cash to pay the bills, and sometimes have to tap into your savings to get by? If so, it's time to re-evaluate your spending habits. (Sat, 29 Jul 2006 03:29:57 GMT)

Mortgage payments and Medicare cards in more households
Ask Norm Edelen how old he'll be when his last mortgage payment is due, and he doesn't miss a beat: 100. Not that he's troubled by the likelihood... (Sat, 29 Jul 2006 07:10:05 GMT)

Don't take out reverse mortgage in advance
Q: My husband and I (ages 73 and 83) have a lot of equity tied up in our home of 40 years. Because we will probably need money in the near future for living expenses, I've been trying to persuade my husband to look into a reverse mortgage. But he tells me your articles advise not obtaining one unless the homeowners plan to stay in their home at least five years. Therefore, he is reluctant to (Sat, 29 Jul 2006 07:39:02 GMT)

Put a Lid on Rising Mortgage Payments
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change? (Sat, 29 Jul 2006 07:41:11 GMT)

WASHINGTON: Wal-Mart, Home Depot, others have to wait on forming banks
Bank regulators have halted for six months any new approvals of the sort of industrial banks that Wal-Mart, Home Depot and 12 other companies are seeking to own. (Sat, 29 Jul 2006 08:43:43 GMT)

Local authorities taxed as mortgage fraud soars
A glut of houses and the easy availability of loans to buy them have made Greater Cleveland a prime location for mortgage fraud. The FBI estimates that mortgage-fraud losses topped $1 billion nationally in 2005 compared with $429 million the year before. (Sat, 29 Jul 2006 08:49:36 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sat, 29 Jul 2006 10:19:59 GMT)

Do you know the term of your mortgage?
Three years ago, adjustable rate mortgage loans were popular. I'll bet the majority of my readers don't know whether they have a fixed rate loan or an adjustable rate, and even what interest rate they have. (Sat, 29 Jul 2006 11:26:06 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sat, 29 Jul 2006 12:21:12 GMT)

A Sampling Of Home Buyer Assistance Programs
Community Activity Set Aside [CASA] Program Agency: Minnesota Housing Finance Agency [MHFA] Assistance: 30- and 40-year below-market loans at 6.5 percent. Can be paired with a HAF loan or an ADDI loan (see below). For: First-time buyers or those who have not owned a home in the past three years; households of color or Hispanic ethnicity; single-headed households with one or more dependents and in (Sat, 29 Jul 2006 13:39:35 GMT)

Your home at the heart of the city
Picture living in a home where you can linger for breakfast until eight, hold a 30-minute video-conference in your study right after, stroll to your office in just 20 minutes, shop for shoes at lunch, walk back home for a quick change after work, attend cocktails at 6 p.m. in a nearby hotel and enjoy the rest of the evening lounging with friends. (Sat, 29 Jul 2006 14:35:29 GMT)

The mortgage of a lifetime
Young home buyers struggling to break into the property market are for the first time being offered mortgages that could last a lifetime. - (Sat, 29 Jul 2006 19:24:15 GMT)

The mortgage of a lifetime
YOUNG home buyers struggling to break into the property market are for the first time being offered mortgages that could last a lifetime. - (Sat, 29 Jul 2006 19:26:08 GMT)

50-year home loans plan finds support
A financial research group is supporting calls for long-term mortgages of up to 50 years, saying it would help struggling home buyers break into the market. (Sat, 29 Jul 2006 23:00:00 GMT)

Pitfalls of the lifetime loan
A 50 or 40-YEAR home loan? That means you may well be passing over your mortgage to your kids. But it's also a way to make larger mortgages affordable, and affordability is certainly not the strong point of Australian housing at the moment. (Sat, 29 Jul 2006 23:23:15 GMT)

CD Review: Thor - Devastation of Musculation
There's a certain inescapable sense of destiny to being named Thor. Indeed, it's hard to imagine the man from Canada named Jon Mikl Thor doing anything else with his life besides bodybuilding and playing heavy metal music. Such a name is a fait accompli. I mean, really... "Hi, I'm Thor. Have you considered refinancing your mortgage lately?" Not so much. Some bodybuilders, once their career is (Sun, 30 Jul 2006 01:56:19 GMT)

Why Mortgage Life Insurance is Not a Good Idea
(ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services. (Sun, 30 Jul 2006 02:42:35 GMT)

UAE mortgage rates set to rise
DUBAI — With interest rates going up in the international markets and the US Federal Reserve indicating further tightening in the months to come, the cost of mortgage finance is increasing in the UAE, according to industry sources. (Sun, 30 Jul 2006 04:12:18 GMT)

Costello urges caution on extended home loans
The federal Treasurer Peter Costello has reacted cautiously to the possibility of home buyers being offered 50-year home loans. (Sun, 30 Jul 2006 04:16:00 GMT)

Costello urges caution on extended home loans
The federal Treasurer Peter Costello has reacted cautiously to the possibility of home buyers being offered 50-year home loans. (Sun, 30 Jul 2006 04:16:00 GMT)

Rocky Shanahan COMMENTARY: When borrowing for home, beware
Borrowing money to purchase your home, or to refinance your home, can be the most important and complex financial decision you will ever make. Just be sure you do not borrow trouble as you go through the process. (Sun, 30 Jul 2006 07:14:01 GMT)

More folks are shifting to reverse mortgages
An exotic among home loans until recently, the reverse mortgage is increasingly finding its way into the hearts and minds -- and checking accounts -- of Americans looking for extra cash to finance their retirements. (Sun, 30 Jul 2006 07:18:59 GMT)

Going home to put life on hold
Justin Clark lives in a million-dollar waterfront home rent-free. Most weekends he takes the jet boat for a spin down the Intracoastal, and when he comes home from work there's usually a hot meal on the table and clean clothes in his drawer. (Sun, 30 Jul 2006 07:23:18 GMT)

Vacation home can be great investment
Baby boomers are fueling the vacation home market, turning to real estate as a great alternative to more volatile stock holdings as they near retirement. (Sun, 30 Jul 2006 08:04:46 GMT)

Selling mortgage to a third party irritates homeowners, survey says
How do you annoy and irritate a homeowner? Sell their mortgage to a third (or fourth) party or outsource your customer service. That's according to a new survey by J.D. Power and Associates, which asked 13,000 homeowners what they like and don't like about their lenders' service. (Sun, 30 Jul 2006 08:11:53 GMT)

Home buyers warned over longer mortgages
Home owners, already facing an almost inevitable interest rate rise this week, have been warned to be wary of new, longer-term mortgages stretching over 40 or 50 years. (Sun, 30 Jul 2006 09:38:15 GMT)

Confused by all the Mortgage Options? Here's Help
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. (Sun, 30 Jul 2006 09:41:54 GMT)

Local mortgage rates slide for 3rd week in a row
Mortgage rates dropped in Orange County for the third straight week, returning to mid-June levels. The average rate on a 30-year, fixed-rate loan with a fee of one point dipped to 6.468 percent. (Sun, 30 Jul 2006 10:12:48 GMT)

Previous 1 2 3 4 5 6 7 Next

---

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

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