Mortgage News Aug 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 8 Next

Widow, threatened with foreclosure on home, sues mogul
The widow of Solomon Dwek's mentor in real estate has accused Dwek in a lawsuit of forging the couple's names on a $1.5 million loan and mortgage on her house in Deal. (Tue, 22 Aug 2006 08:24:03 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, 22 Aug 2006 09:36:08 GMT)

Considering a Home Remodel? Make Sure It Will Pay Off
(ARA) - If your family has to wait in line to take a shower, or if you're storing pots and pans in the laundry room due to lack of cabinet space, it could be time to consider a home remodeling project. (Tue, 22 Aug 2006 09:36:18 GMT)

Mortgage rates decline for sixth straight week
Mortgage rates fell slightly this week in Orange County – their sixth consecutive weekly decline. The average rate on a 30-year fixed loan dipped to 6.341 percent with a fee of one point. And the introductory rate on a one-year ARM slid to 4.448 percent with a fee of two points. (Tue, 22 Aug 2006 10:14:05 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. (Tue, 22 Aug 2006 10:18:41 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Tue, 22 Aug 2006 10:45:48 GMT)

Property purchase raises eyebrows / S.F. city inspector snaps up home cited in illegal remodel
San Francisco building inspectors got word in June 2005 that someone was renovating a dilapidated, one-story home at 838 Alabama St. in the Mission District without the necessary permits. Inspectors checked it out and found that wall shingles were... (Tue, 22 Aug 2006 10:46:48 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 10:56:33 GMT)

New City Mortgage deploys Wipros Flow-briX
BANGALORE: Wipro Technologies, the global IT Services Division of Wipro Limited, has announced the Go-Live of a Credit Decisioning System for NCC Mortgage K K (New City Mortgage), a Japanese retail mortgage company. (Tue, 22 Aug 2006 11:47:56 GMT)

Southwest Securities, FSB Announces New Mortgage Warehousing EVP; David Frase to Direct Bank's National Mortgage
Southwest Securities, FSB announced today that David Frase, CMB has joined the bank as Executive Vice President of Mortgage Warehousing. (Tue, 22 Aug 2006 12:00:00 GMT)

Vestin Realty Mortgage II, Inc. Announces Investment in New First Trust Deed Loan on August 11, 2006
LAS VEGAS----Aug. 22, 2006--Vestin Realty Mortgage II, Inc. announced today that the Company has made an investment of $5.0 million in an $8.5 million loan originated by an affiliate of the Company's manager, Vestin Mortgage, Inc. (Tue, 22 Aug 2006 12:00:00 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 12:21:12 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 12:21:48 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Tue, 22 Aug 2006 12:29:34 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 12:30:04 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 12:44:06 GMT)

Thousands of Residential Mortgage Brokers Prove Interest in Small-Balance Commercial Lending is on the Rise
Mortgage brokers are bridging the gap between residential and commercial lending with education in an effort to take advantage of opportunities in the small-balance commercial market. (Tue, 22 Aug 2006 14:01:00 GMT)

Mortgage Rate Dips for Fourth Straight Week
The nation's benchmark mortgage rate has fallen for a fourth consecutive week, reaching the lowest level since the week of April 13. (Tue, 22 Aug 2006 14:24:42 GMT)

Namibia: Local Home-Owners Cut Out
First National Bank (FNB) home loan clients in Namibia will not benefit from the N$154 million that First National Bank will repay to South African home-owners because it miscalculated on mortgages. (Tue, 22 Aug 2006 16:22:47 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, 22 Aug 2006 16:46:05 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, 22 Aug 2006 16:48:42 GMT)

Basel sign Buckley on loan
South African striker Delron Buckley has joined Basel on a season long loan from Borussia Dortmund. (Tue, 22 Aug 2006 17:04:19 GMT)

Wachovia unit manages $300M offering
Wachovia Capital Markets is one of the book-running managers for Commonwealth Edison's $300 million offering. (Tue, 22 Aug 2006 17:06:54 GMT)

Better Business Bureau creates mortgage council
Citing a rise in consumer disputes and deceptive advertising, the Better Business Bureau of Central/Northern Arizona Tuesday announced formation of the Arizona Mortgage Advisory Council. (Tue, 22 Aug 2006 17:45:29 GMT)

Lowe's Prospects Look Favorable
Morningstar has a fair-value estimate on the home-improvement retailer of $33 per share. (Tue, 22 Aug 2006 18:03:24 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Tue, 22 Aug 2006 18:15:59 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 18:16:29 GMT)

Thousands of Residential Mortgage Brokers Prove Interest in Small-Balance Commercial Lending is on the Rise
Mortgage brokers are bridging the gap between residential and commercial lending with education in an effort to take advantage of opportunities in the small-balance commercial market. While a recent study of residential brokers nationwide found that small commercial may be the next big alternative product, the survey also found that the majority of brokers who have not previously closed a (Tue, 22 Aug 2006 18:36:23 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, 22 Aug 2006 18:37:18 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, 22 Aug 2006 18:38:39 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. (Tue, 22 Aug 2006 18:39:01 GMT)

Fitch Affirms Merrill Lynch Mortgage Trust 2005-CIP1
NEW YORK----Aug. 22, 2006--Fitch affirms Merrill Lynch Mortgage Trust 2005-CIP1, commercial mortgage pass-through certificates, as follows: $68.9 million class A-1 at 'AAA'; $533.8 million class A-2 at 'AAA'; $157.9 million class A-3A at 'AAA'; $50.0 million class A-3B at 'AAA'; $108.0 million class A-SB at 'AAA'; $510.3 million class A-4 at 'AAA'; $205.6 million class AM at 'AAA'; $138.8 (Tue, 22 Aug 2006 18:47:00 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? (Tue, 22 Aug 2006 19:15:39 GMT)

Countrywide Home Loans Selects Haley as Business Rules Solution
Fortune 500 mortgage lender deploying business rules to help drive greater efficiency and agility in its loan administration (Tue, 22 Aug 2006 19:37:08 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, 22 Aug 2006 22:00:00 GMT)

Thornburg Mortgage Announces Acquisition of Adfitech to Support Growing Loan Origination Business
SANTA FE, N.M.----Aug. 22, 2006--Thornburg Mortgage Inc. , a leading single-family residential mortgage lender focused principally on the jumbo segment of the adjustable-rate mortgage market, today announced that it has acquired Adfitech Inc., a provider of quality control, post-closing audit and document delivery services to the mortgage industry, from a subsidiary of Centex Corp. . (Tue, 22 Aug 2006 22:00:00 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Tue, 22 Aug 2006 22:01:11 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. (Tue, 22 Aug 2006 23:01:14 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Tue, 22 Aug 2006 23:02:55 GMT)

Starwood Hotels Explore Second Life First
The owner of the Westin, Sheraton, and W chains is testing out a new loft-style hotel with prototypes in the suburbs and in virtual reality (Wed, 23 Aug 2006 00:35:58 GMT)

SEC Shoves Executive Pay into the Spotlight
As stock-option scandals multiply, the watchdog agency is demanding more, clearer, and broader information on officers' compensation (Wed, 23 Aug 2006 00:36:39 GMT)

Mortgage Choice 'well placed' for growth
Mortgage Choice has reported a 43 per cent increase in annual net profit to $17.9 million. (Wed, 23 Aug 2006 00:44:11 GMT)

Mortgage Choice 'well placed' for growth
Mortgage Choice has reported a 43 per cent increase in annual net profit to $17.9 million. (Wed, 23 Aug 2006 00:44:11 GMT)

Home Federal Bancorp, Inc. Announces New President
Home Federal Bancorp, Inc. (the 'Company')(NASDAQ: HOME) today announced it has appointed Len E. Williams asPresident of the Company's subsidiary, Home Federal Bank (the 'Bank'). Mr.Williams will take over responsibility for the day-to-day operations of theBank and will report to Daniel L. Stevens who continues as Chief ExecutiveOfficer and Chairman of the Board. (Wed, 23 Aug 2006 00:50:14 GMT)

Mortgage Choice 'well placed' for growth
Mortgage broker Mortgage Choice Ltd says it is well placed for growth in 2006/07 after boosting annual profit. Mortgage Choice has reported a 43 per cent increase in annual net profit to $17.9 million, adjusted to comply with new international financial reporting standards. (Wed, 23 Aug 2006 01:09:50 GMT)

Business Briefs
BankAtlantic has launched a commercial mortgage banking division for acquisition and refinancing of commercial real estate. The Fort Lauderdale-based bank has 10 branches in Hillsborough and Pinellas counties. (Wed, 23 Aug 2006 01:18:28 GMT)

Has Homebuilding Hit the Roof?
Analysts say there's strong evidence the boom is over, and that it will be some time before the industry regains solid footing (Wed, 23 Aug 2006 04:15:52 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, 23 Aug 2006 04:33:32 GMT)

Talk on water rate hikes tabled until Sept. 12
Charlotte County water and sewer users could see a 9 percent increase on their utility bills on Oct. 1. Commissioners Tuesday tabled the proposed rate hike until a Sept. 12 public hearing to gather more information about refinancing a utility bond that could lower the increase by 1 percent. (Wed, 23 Aug 2006 04:34:09 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Wed, 23 Aug 2006 04:34:42 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Wed, 23 Aug 2006 04:35:22 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? (Wed, 23 Aug 2006 06:23:58 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. (Wed, 23 Aug 2006 06:43:52 GMT)

Mortgage broker says housing market improving
Leading mortgage broker Mortgage Choice says conditions are improving in the national housing market. (Wed, 23 Aug 2006 07:00:00 GMT)

Mortgage broker says housing market improving
Leading mortgage broker Mortgage Choice says conditions are improving in the national housing market. The company has reported a 43 per cent jump in full-year profits to $17.9 million. (Wed, 23 Aug 2006 07:16:36 GMT)

Iowa home-loan pioneer McNarney dies at 66
William McNarney, who pioneered ways to help low-income Iowans buy homes, died of an apparent heart attack Monday, five days before his 67th birthday. (Wed, 23 Aug 2006 09:12:27 GMT)

C.P. loan boosts high-tech start-up
CROWN POINT — A start-up pharmaceutical company that makes a drug for juvenile cancer is finalizing plans to open an office here, now that the city approved a $500,000 loan to help the company with initial equipment and operation costs. (Wed, 23 Aug 2006 09:34:15 GMT)

Mortgage Choice looks to China, India
Mortgage Choice Ltd managing director Paul Lahiff says the mortgage broker is well placed to start looking at potential moves into the Chinese and Indian markets after recording a strong increase in annual net profit. (Wed, 23 Aug 2006 09:38:55 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Wed, 23 Aug 2006 09:42:15 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Wed, 23 Aug 2006 09:45:04 GMT)

Getting out of a HELOC
You might want to consider a cash-out refinancing, says Dr. Don. (Wed, 23 Aug 2006 10:00:00 GMT)

A Mortgage You Can Leave To The Kids
A building society has launched a new mortgage which allows parents to leave their homes - and home loans - to their children. (Wed, 23 Aug 2006 10:22:28 GMT)

Don't want to pay off your mortgage? Pass it on to your children
A building society has launched a new mortgage which allows parents to leave their properties together with associated loans to their children, a tactic which could help ease the burden of inheritance tax. (Wed, 23 Aug 2006 10:34:12 GMT)

Parents to pass on mortgage debt
A new mortgage allows parents to leave to their children not only their homes but their home loans as well. (Wed, 23 Aug 2006 10:45:41 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, 23 Aug 2006 10:55:53 GMT)

Considering a Home Remodel? Make Sure It Will Pay Off
(ARA) - If your family has to wait in line to take a shower, or if you're storing pots and pans in the laundry room due to lack of cabinet space, it could be time to consider a home remodeling project. (Wed, 23 Aug 2006 10:57:04 GMT)

Refinancings drive increase in weekly mortgage index
WASHINGTON (MarketWatch) -- U.S. homeowners continue to rush to refinance their mortgages, as interest rates have fallen back to a five-month low, data from the Mortgage Bankers Asssociation showed Wednesday. (Wed, 23 Aug 2006 11:06:56 GMT)

RHB Aims To Give Out RM500 Mln Loans Under New Housing Loan Campaign
KUALA LUMPUR, Aug 23 (Bernama) -- RHB Bank Bhd is aiming to disburse about RM500 million in loans under its "Get a home loan and go on a free holiday" housing loan campaign, said its Head of Consumer, Michael Lor. (Wed, 23 Aug 2006 11:12:02 GMT)

The headache that is my HELOC
Dear Dr. Don, I have a home equity line of credit for $30,000 that I took out a few years ago during my first refinance to get rid of my original 80/15/5 situation. We wanted to get rid of that 15 percent 30-year term loan, so we went with the line of credit. (Wed, 23 Aug 2006 11:19:48 GMT)

Your Money Matters: Say 'I Do' to Home Buying
(ARA) - Getting married marks a huge milestone for many people who have spent years dreaming about being a husband or wife. Another major milestone that often follows marriage is the first "big" purchase, which is typically buying a home. (Wed, 23 Aug 2006 11:29:28 GMT)

RHB Bank disburses 77% of RM500m home loans target
RHB Bank Bhd has disbursed 77% of its targetted RM500 million home loans under its “Get a home loan and go on a free holiday” campaign since its launch in July. (Wed, 23 Aug 2006 11:32:02 GMT)

Mortgage applications up: MBA
U.S. mortgage applications rose for a third straight week as homeowners with adjustable loans took advantage of falling interest rates, data from the industry's main trade group showed on Wednesday. (Wed, 23 Aug 2006 11:36:41 GMT)

riverdalereview.com Coming Soon!
Fast Refi for Most Credit Types From Countrywide®, 4 of 5 Approved! Instantly compare Mortgage Lenders Find low rates for Free. No Lender Fees. Approval in Minutes Low-Cost Guarantee or $500 Back. (Wed, 23 Aug 2006 11:44:14 GMT)

Mortgage applications show slight rise
Mortgage Bankers Association reports falling interest rates spur homeowners to refinance. (Wed, 23 Aug 2006 11:53:39 GMT)

The Inherited Mortgage Arrives
Mortgages are usually restricted to a 25-year term. How do you fancy a low-cost mortgage that never ends? (Wed, 23 Aug 2006 12:09:41 GMT)

BankAtlantic forms commercial mortgage division
BankAtlantic said it has formed a commercial mortgage banking division to make long-term, non-recourse, fixed-rate mortgages for acquiring and refinancing income-producing commercial real estate. (Wed, 23 Aug 2006 12:26:54 GMT)

BankAtlantic forms commercial mortgage division
BankAtlantic said it has formed a commercial mortgage banking division to make long-term, non-recourse, fixed-rate mortgages for acquiring and refinancing income-producing commercial real estate. (Wed, 23 Aug 2006 12:37:33 GMT)

Thornburg Mortgage Buys Centex Unit
Thornburg Mortgage Inc., a real estate investment trust and single-family residential mortgage lender, on Wednesday said it acquired auditing service Adfitech Inc. from Centex Corp. for an undisclosed amount. (Wed, 23 Aug 2006 13:47:25 GMT)

NSW won't cope with a rate rise: Mortgage Choice
MORTGAGE broker Mortgage Choice has warned that another interest rate rise this year could tip the struggling NSW economy into real trouble and require rates to be cut next year. - (Wed, 23 Aug 2006 14:12:07 GMT)

Federal Home Loan Bank of Atlanta Awards Nearly $5 Million in Grants to Fund Affordable Housing for Georgia Residents
Fifteen development partnerships in Georgia will receive more than $4.9 million in grants from Federal Home Loan Bank of Atlanta's 2006 Affordable Housing Program to build, buy, or repair 749 single-family and multifamily housing units throughout the state. (Wed, 23 Aug 2006 14:38:54 GMT)

Federal Home Loan Bank of Atlanta to Award Florida Partnerships $6.2 Million for Affordable Housing
Sixteen local partnerships will receive $6.2 million in grants from the Federal Home Loan Bank of Atlanta's Affordable Housing Program to build, buy or repair 693 single-family and multifamily housing units in Arcadia, Crescent City, Fellsmere, Immokalee, Indiantown, Leon County, Mangonia, Ocala, Okeechobee, Pompano Beach, Riviera Beach, Tampa, Tarpon Springs, Titusville, Vero Beach, and Wimauma. (Wed, 23 Aug 2006 15:01:27 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. (Wed, 23 Aug 2006 15:41:55 GMT)

Home loans, realty witness a slump
For the first time in nearly five years, banks have seen a drop in the volume of home loan applications by 10 to 15 per cent. (Wed, 23 Aug 2006 15:54:29 GMT)

• MBA: Mortgage applications’ out of bed
NEW YORK - US mortgage applications rises for a third straight over the week as homeowners with variable loans took benefit of falling interest rates. The industry’s main trade group showed on Wednesday. (Wed, 23 Aug 2006 16:08:13 GMT)

Fitch Rates WaMu Mortgage P-T Ctfs $1.3B Series 2006-AR10
NEW YORK----Aug. 23, 2006--Fitch rates WaMu mortgage pass-through certificates, series 2006-AR10 as follows: (Wed, 23 Aug 2006 17:06:00 GMT)

Home loan your children inherit set to hit market
Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters. (Wed, 23 Aug 2006 17:15:10 GMT)

U.S. Mortgage applications rose
U.S. mortgage applications rose for a third straight week as homeowners with adjustable loans took advantage of falling interest rates, data from the industry's main trade group showed on Wednesday. The Mortgage Bankers Association in a statement said its seasonally adjusted index of mortgage application activity for the week ended August 18 edged higher by 0.1 percent to 561.5 from the previous (Wed, 23 Aug 2006 17:20:43 GMT)

Thornburg Mortgage acquires Adfitech Inc.
Thornburg Mortgage Inc. has acquired Adfitech Inc., a provider of quality control, audit and document delivery services for the mortgage industry. (Wed, 23 Aug 2006 17:38:26 GMT)

Mortgage Lenders Fall on Housing Data
Shares of many mortgage lenders fell in afternoon trading Wednesday after a real estate agents' organization reported softening housing prices and sagging existing-home sales. (Wed, 23 Aug 2006 17:51:50 GMT)

Money Magazine Names Bradford Bank Among Best for Home Equity Loans Rates Provided by HSH Associates
BALTIMORE----Aug. 23, 2006--Bradford Bank, a Maryland community bank since 1903, is one of two banks named in the September issue of Money magazine for offering some of the best loan rates and terms for home equity loans. (Wed, 23 Aug 2006 17:55:00 GMT)

Teledraft buys stake in Scottsdale mortgage firm
Teledraft Inc. Wednesday announced that it has purchased a 50 percent stake in Pacific Coast Mortgage Inc., which operates 34 locations in Arizona. (Wed, 23 Aug 2006 18:15:14 GMT)

Home loan your children inherit set to hit market
LONDON (Reuters) - A new mortgage that allows homeowners to pass on their mortgage debt when they die -- and cut any inheritance tax bill -- is set to hit the UK market. (Wed, 23 Aug 2006 18:23:02 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? (Wed, 23 Aug 2006 19:14:12 GMT)

Corporation Bank plans `loan factories'
COIMBATORE: Corporation Bank plans to set up `loan factories' in 11 centres by December, initially for home loans. According to the Chairman and Managing Director of the bank, B. Sambamurthy, these `factories' will process the loan applications ... (Wed, 23 Aug 2006 20:12:24 GMT)

Hogan Says Mortgage Refinance Transactions Rise
Doug Hogan of Allegiance Mortgage in Chattanooga said local property values have continued to increase and mortgate refinance transactions are up. (Wed, 23 Aug 2006 20:33:40 GMT)

RHB Bank expects 8% growth in home loans
KUALA LUMPUR: RHB Bank Bhd hopes its home loan portfolio this year will grow at the same rate as last year at 8% or slightly higher, consumer banking head Michael Lor said. (Wed, 23 Aug 2006 23:46:54 GMT)

Business Briefs
BankAtlantic has launched a commercial mortgage banking division for acquisition and refinancing of commercial real estate. The Fort Lauderdale-based bank has 10 branches in Hillsborough and Pinellas counties. (Thu, 24 Aug 2006 01:18:35 GMT)

Being of sound mind I leave you ... my mortgage payments
It has been dubbed the "deathbed mortgage". Yesterday a building society began selling a home loan that lasts so long it will be passed from parents to sons and daughters. (Thu, 24 Aug 2006 01:30:08 GMT)

Mortgage diversion will enhance KiwiSaver
United Future’s finance spokesperson, Gordon Copeland, today expressed his delight that the government has adopted his suggested mortgage diversion mechanism as part of KiwiSaver. (Thu, 24 Aug 2006 01:35:13 GMT)

Student Loan ID Data Breached
The Education Department said Wednesday it would arrange for free credit monitoring for as many as 21,000 student loan borrowers after their personal data appeared on its Web site. (Thu, 24 Aug 2006 03:51:27 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Thu, 24 Aug 2006 04:01:40 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Thu, 24 Aug 2006 04:04:52 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, 24 Aug 2006 04:35:29 GMT)

Home ownership funding subject of Illinois seminar
More than 70 Quad-City loan officers will attend a regional training seminar Friday to learn how to access funds available from the State of Illinois to help families buy their first home. (Thu, 24 Aug 2006 06:11:52 GMT)

The mortgage your children inherit
LONDON (Reuters) - A new mortgage that allows homeowners to pass on their mortgage debt when they die -- and cut any inheritance tax bill -- is set to hit the market. (Thu, 24 Aug 2006 06:32:48 GMT)

Home mortgage risks moderate
Mortgage risk levels have moderated over the last six months because of more stringent lending policies, and the use of adjustable rate loans is now at its lowest point since February 2004, according to two reports released Wednesday. (Thu, 24 Aug 2006 07:10:48 GMT)

Blue Financial Warns US Consumers of Top 5 Online Mortgage Scams
Blue Financial says sophisticated Internet mortgage scams on rise. (PRWEB Aug 24, 2006) Trackback URL: http://www.prweb.com/chachingpr.php/VGhpci1Db3VwLVRoaXItVGhpci1JbnNlLVplcm8= (Thu, 24 Aug 2006 07:34:35 GMT)

Being of sound mind I leave you ... my mortgage payments
It has been dubbed the "deathbed mortgage". Yesterday a building society began selling a home loan that lasts so long it will be passed from parents to sons and daughters. (Thu, 24 Aug 2006 08:21:42 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, 24 Aug 2006 09:43:44 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, 24 Aug 2006 09:58:42 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Thu, 24 Aug 2006 09:59:43 GMT)

Mortgage rates fall 5th straight week
The benchmark 30-year fixed-rate mortgage fell 3 basis points to 6.48 percent, according to the Bankrate.com national survey of large lenders. (Thu, 24 Aug 2006 10:00:00 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, 24 Aug 2006 10:03:42 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, 24 Aug 2006 10:06:38 GMT)

New mortgage product attacked by debt experts
A NEW mortgage product in which the capital loan may never be paid off was attacked yesterday for fostering a careless attitude to debt. (Thu, 24 Aug 2006 10:12:22 GMT)

Bankrate: Mortgage Rates Fall to 5-Month Low
Mortgage rates declined for the seventh time in the last eight weeks, aided by last week's better-than- expected reading on the Consumer Price Index. The average 30-year fixed rate mortgage fell to 6.48 percent, the lowest since March 29. (Thu, 24 Aug 2006 11:30:00 GMT)

30-year fixed
Refi rising The rise in refinance applications and the fall in demand for ARMs are related. Many borrowers got 3/1 and 5/1 adjustables two or three years ago. These loans have a low introductory rate that lasts three or five years. (Thu, 24 Aug 2006 11:34:28 GMT)

Is a piggyback mortgage risky?
Dear Dr. Don, I have been told that an 80/10/10 mortgage is a risky proposition given the ever-fluctuating interest rates. Seemed like an ideal mortgage program for my family, in an effort to keep monthly payments down. (Thu, 24 Aug 2006 11:34:58 GMT)

Federal Home Loan Bank awards $12 million
Federal Home Loan Bank recently awarded grants totaling $12 million to financial institutions, including in Bowling Green and Morgantown. (Thu, 24 Aug 2006 14:44:11 GMT)

Streamlined Web-Based Mortgage Banking Software Released
MDC Inc., the developer of the PhoenixProcessing System, which manages Mortgage Banking Correspondent, Wholesaleand Retail Pipeline Management needs, announces Phoenix Processing, aunique and revolutionary solution mortgage banking pipeline solution.Phoenix Processing offers an exceptional streamlined processing approach. (Thu, 24 Aug 2006 15:19:55 GMT)

Another week, another drop in mortgage rates
Mortgage rates slipped for the fifth straight week on continued signs of weakness in the housing sector and speculation the Fed will leave interest rates untouched in the near term, Freddie Mac reported Thursday. (Thu, 24 Aug 2006 15:41:00 GMT)

Bankrate: Mortgage Rates Fall to 5-Month Low
NEW YORK, Aug. 24 /PRNewswire-FirstCall/ -- Mortgage rates declined for the seventh time in the last eight weeks, aided by last week's better-than- expected reading on the Consumer Price Index. (Thu, 24 Aug 2006 15:52:44 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, 24 Aug 2006 16:12:23 GMT)

U.S. mortgage rates fall for a fifth straight week
CHICAGO (MarketWatch) -- U.S. mortgage rates dipped for the fifth straight week, according to Freddie Mac's weekly survey, released Thursday. (Thu, 24 Aug 2006 16:20:58 GMT)

Mortgage rates down, but not helping housing market
Mortgage rates have fallen for the fifth consecutive week, and separate reports Thursday further point to a housing slowdown. (Thu, 24 Aug 2006 16:39:49 GMT)

U.S. mortgage rates keep falling
NEW YORK, Aug. 24 (UPI) -- U.S. mortgage rates fell for the seventh time in the last eight weeks, aided by last week's better-than-expected reading on the consumer price index. (Thu, 24 Aug 2006 17:09:15 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. (Thu, 24 Aug 2006 17:27:09 GMT)

Freebies for home buyers
Last summer, with the hot housing market still going strong, home sellers were in the driver's seat. Today it's the buyers who rule and sellers seem willing to try anything to close a deal. (Thu, 24 Aug 2006 18:38:39 GMT)

Bankrate: Mortgage Rates Fall to Five-Month Low
Slower economic growth and the Fed hitting the pause button have helped bring fixed mortgage rates to a five-month low (Thu, 24 Aug 2006 18:50:39 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Thu, 24 Aug 2006 19:23:41 GMT)

H&R Block Ups Mortgage Losses Provision
H&R Block Inc., a provider of tax and other financial services, said Thursday it will set aside roughly $61 million to protect against liabilities at its mortgage unit, Option One Mortgage Corp. (Thu, 24 Aug 2006 21:58:36 GMT)

Home loan securities near record
Investors are pushing prices for securities backed by mortgages and home equity loans to near record levels, in spite of data pointing to a slowdown in the US housing market. (Thu, 24 Aug 2006 22:05:46 GMT)

Mortgage rates dip for 5th straight week
The mortgage company Freddie Mac said Thursday that 30-year, fixed-rate mortgages fell to 6.48 percent this week, down from 6.52 percent last week. That was the lowest level for 30-year mortgages since they averaged 6.43 percent the week of April 6. (Thu, 24 Aug 2006 22:34:58 GMT)

Mortgage Rates Dip for 5th Straight Week
Washington (AP) - Rates on 30-year mortgages fell for a fifth consecutive week as both sales of both existing and new homes in July declined, confirming a cooling housing market.The mortgage company Freddie Mac said Thursday that 30-year, fixed-rate mortgages fell to 6.48 percent this week, down from 6.52 percent last week. (Thu, 24 Aug 2006 22:41:57 GMT)

When your loan is on the line and the appraiser is coming, what do you do?
Home appraisals can be quick and painless, but sometimes you need to tap dance a little harder to reach the magic number. Here's one story. (Thu, 24 Aug 2006 23:15:28 GMT)

Mortgage Rates Dip for 5th Straight Week
Rates on 30-year mortgages fell for a fifth consecutive week as both sales of both existing and new homes in July declined, confirming a cooling housing market. The mortgage company Freddie Mac said Thursday that 30-year, fixed-rate mortgages fell to... (Fri, 25 Aug 2006 00:04:08 GMT)

Can't pay? Talk to mortgage lender
Almost 280,000 Americans lost their homes through foreclosure last year. But that's not the surprising part. This is: Half of them never even talked to their lenders. "I don't think anybody understands what the consequences are going to be," one banking official says. (Fri, 25 Aug 2006 01:39:06 GMT)

Digitization and Automation Will Yield Great Returns In Mortgage Biz BearingPoint report illustrates the importance of
As the refinance boom fizzles, mortgage lenders should reassess their processes, according to BearingPoint (McLean, Va.). A report from the consultancy says imaging documents and automating more processes will create a great deal of flexibility for the otherwise paper-intense business. (Fri, 25 Aug 2006 02:01:33 GMT)

Stocks to Watch, Aug. 25: J. Crew, KB Home, Home Depot
Companies expected to see active trade Friday are J. Crew Group Inc., KB Home and Home Depot Inc. (Fri, 25 Aug 2006 03:01:59 GMT)

Cairns Lockie Mortgage Commentary 25 August 2006
Welcome to the fifteenth fortnightly Cairns Lockie Mortgage Commentary for 2006. We aim to keep you informed on developments at Cairns Lockie, Mortgage Bankers and the mortgage market in general. (Fri, 25 Aug 2006 03:20:32 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, 25 Aug 2006 04:21:49 GMT)

Boost profits through serial home selling
Amajor advantage of becoming a "serial home seller" is you can qualify for owner-occupant mortgage financing from conventional lenders. But a major disadvantage of buying fixer-upper houses is many lenders won’t loan on houses that are in very bad condition. (Fri, 25 Aug 2006 04:22:09 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Fri, 25 Aug 2006 04:28:35 GMT)

Your Money Matters: Dealing with Rising Mortgage Interest Rates
(ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans their home equity represents the cornerstone of their personal wealth. (Fri, 25 Aug 2006 04:31:51 GMT)

Home ownership funding subject of Illinois seminar
More than 70 Quad-City loan officers will attend a regional training seminar Friday to learn how to access funds available from the State of Illinois to help families buy their first home. (Fri, 25 Aug 2006 05:42:10 GMT)

Rate drop fuels refinancing surge
A decline in the average 30-year fixed mortgage rate to a five-month low encouraged more U.S. homeowners to refinance last week even as sales declined, a survey of mortgage bankers showed. (Fri, 25 Aug 2006 05:54:28 GMT)

ROBERT BRUSS: Daughter must make mortgage payments to get the tax benefits
Dear Bob: I am planning to sell my home and buy another. My daughter is willing to move in with me. I would like to add her name to the deed so she can deduct half of the home's mortgage interest and property taxes on her income tax each year. Can this be done if I add her to the deed but not to the mortgage? -- Shirley M. (Fri, 25 Aug 2006 07:03:47 GMT)

Mortgage rates decline to 6.48%
The average rate on a 30-year fixed-rate mortgage fell to 6.48% nationwide this week, the fifth straight decline and the lowest level since early April, according to mortgage purchaser Freddie Mac. Other rates also declined. The 30-year rate fell from last week's 6.52% and compares with 5.77% a year earlier. (Fri, 25 Aug 2006 07:03:57 GMT)

Federal prosecutors drop fraud charges against mortgage giant Fannie Mae's
Fannie Mae fraud charges dropped Mortgage finance giant Fannie Mae avoided criminal prosecution over its alleged multibillion-dollar accounting fraud, the latest twist in a saga of intrigue involving a politically potent company. (Fri, 25 Aug 2006 07:29:04 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? (Fri, 25 Aug 2006 09:08:09 GMT)

Previous 1 2 3 4 5 6 7 8 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