Mortgage News Apr 2007

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

Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Tue, 10 Apr 2007 21:42:27 GMT)

Think You're Paying Too Much on Your Car Loan?
(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. (Tue, 10 Apr 2007 22:09:56 GMT)

Mortgage Bondholders May Bear Subprime Loan Risk (Update4)
April 10 (Bloomberg) -- The top Democrat and Republican on the House Financial Services Committee said investors in mortgage bonds should be liable for deceptive loans made by banks. (Tue, 10 Apr 2007 22:24:13 GMT)

Home loan party is over | Top 25 Mutual Funds
Bankers expect growth rate to halve to 15% in '08. (Tue, 10 Apr 2007 22:27:31 GMT)

Ex-mortgage CEO may face criminal charges: AG
NEW YORK (Reuters) - Connecticut won a court order that may clear the way for it to file criminal charges against former Mortgage Lenders Network USA Inc. Chief Executive Mitchell Heffernan over the company's bankruptcy, the state's attorney general said. (Tue, 10 Apr 2007 23:20:58 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Wed, 11 Apr 2007 01:26:49 GMT)

Bills Piling Up? Refinancing Your Car Puts Extra Cash In Your Pocket
(ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from? (Wed, 11 Apr 2007 03:01:40 GMT)

Home loans on the rise despite rate hikes
More Australians took out a housing loan in February than in the previous month, in a further indication that last year's interest rate rises have done little to curb an appetite for debt, increasing the chance of another rate hike. (Wed, 11 Apr 2007 03:05:27 GMT)

Australia's Home-Loan Approvals Rise for Third Month (Update2)
April 11 (Bloomberg) -- Australia's home-loan approvals climbed for a third straight month in February as rising wages buoyed confidence among property buyers, signaling a nascent housing recovery that may boost economic growth. (Wed, 11 Apr 2007 03:38:44 GMT)

Book Closes on Elaborate Mortgage Fraud Scheme
Mortgage fraudster Matthew Cox wrote an unpublished manuscript that Assistant U.S. Attorney Gale McKenzie described as a "blueprint" of his schemes. The only thing missing, she said, was the final chapter. "We wrote it, not him," she said of federal law enforcement agents who sought Cox for more than two years. On Tuesday, Cox pleaded guilty to multiple counts of mortgage fraud and identity theft ... (Wed, 11 Apr 2007 04:08:38 GMT)

Book Closes on Elaborate Mortgage Fraud Scheme
Mortgage fraudster Matthew Cox wrote an unpublished manuscript that Assistant U.S. Attorney Gale McKenzie described as a "blueprint" of his schemes. The only thing missing, she said, was the final chapter. (Wed, 11 Apr 2007 06:49:55 GMT)

Australia's Home-Loan Approvals Rise for Third Month (Update3)
April 11 (Bloomberg) -- Australia's home-loan approvals climbed for a third straight month in February as rising wages buoyed confidence among property buyers, signaling a nascent housing recovery that may boost economic growth. (Wed, 11 Apr 2007 06:53:54 GMT)

Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Wed, 11 Apr 2007 07:12:01 GMT)

Pair suspected of stealing info to buy home
The 23-year-old woman was in for a big shock when she failed to secure a loan to buy her first home. A check of her credit history showed she was already making monthly payments on a home in Victorville. (Wed, 11 Apr 2007 07:19:39 GMT)

S. Korea home-backed loan growth hits record low in March
Home-backed loans extended by banks in South Korea rose by the smallest amount ever in March from a month earlier amid a tighter screening process by lenders, the central bank said Wednesday. (Wed, 11 Apr 2007 08:24:14 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Wed, 11 Apr 2007 10:09:44 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Wed, 11 Apr 2007 10:10:21 GMT)

A guilty plea in mortgage fraud case
ATLANTA - A man accused of stealing the identities of children, the homeless and people in drug rehab as part of a massive mortgage fraud scheme pleaded guilty to federal charges in three states Tuesday. (Wed, 11 Apr 2007 10:44:01 GMT)

Mortgage site CEO resigning
One of the executives who helped build Charlotte's LendingTree into a national player in the mortgage business is stepping down, citing a desire to lessen his workload and spend more time with his family. (Wed, 11 Apr 2007 10:55:10 GMT)

Mortgage applications off for fourth straight week, MBA says
WASHINGTON (MarketWatch) -- Applications for mortgages again fell last week as interest rates rose, the Mortgage Bankers Association reported Wednesday. (Wed, 11 Apr 2007 11:07:38 GMT)

Websites try to make mortgage consumers 'a little smarter'
At a time when many families are losing their homes to foreclosure, mortgage experts are offering new tools to help home buyers avoid making the same mistakes. (Wed, 11 Apr 2007 11:11:42 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, 11 Apr 2007 11:53:20 GMT)

Think You're Paying Too Much on Your Car Loan?
(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. (Wed, 11 Apr 2007 11:54:00 GMT)

Mortgage Mess Spreads To Alt-A Segment
Turmoil in the mortgage market is ensnaring more companies who lend to people with decent credit. The spread of home lending woes beyond loans to those with weak credit threatens to reduce the availability of loans for some consumers and even threaten the existence of some lenders. (Wed, 11 Apr 2007 12:02:19 GMT)

U.S. MBA's Mortgage Applications Index Fell 0.4% Last Week
April 11 (Bloomberg) -- Less refinancing pulled down the number of mortgage applications filed in the U.S. last week even as home purchases rebounded to the highest level in a month, an industry report showed today. (Wed, 11 Apr 2007 12:09:32 GMT)

Mortgage mess spreads to Alt-A segment
Turmoil in the mortgage market is ensnaring more companies who lend to people with decent credit. The spread of home lending woes beyond loans to those with weak credit threatens to reduce the availability of loans for some consumers and even threaten the existence of some lenders. (Wed, 11 Apr 2007 12:22:50 GMT)

Mortgage applications continue skid
Mortgage applications in the U.S. declined for the fourth straight week as a decline in refinancing activity offset an increase in new home applications, according to the latest report by the Mortgage Bankers Association. (Wed, 11 Apr 2007 14:13:55 GMT)

Mortgage applications dip, spring sales murky
U.S. mortgage applications declined for the fourth straight week, as falling demand to refinance home loans outweighed a rise in applications to buy houses, an industry group said on Wednesday. (Wed, 11 Apr 2007 14:40:07 GMT)

Mortgage applications dip, spring sales murky
NEW YORK (Reuters) - U.S. mortgage applications declined for the fourth straight week, as falling demand to refinance home loans outweighed a rise in applications to buy houses, an industry group said on Wednesday. (Wed, 11 Apr 2007 15:07:49 GMT)

Home prices set for first drop in 40 years
The National Association of Realtors said Wednesday it expects its measure of home prices to fall this year for the first time since the group began keeping track nearly 40 years ago. (Wed, 11 Apr 2007 15:28:55 GMT)

Concerns mount over commercial mortgage-backed securities market
Moody's Investors Service is set to impose tighter rating standards for securities backed by US commercial mortgages amid a steady deterioration in loan underwriting quality in recent years, the ratings agency said yesterday. (Wed, 11 Apr 2007 17:26:34 GMT)

Think You're Paying Too Much on Your Car Loan?
(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. (Wed, 11 Apr 2007 17:58:48 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, 11 Apr 2007 18:02:20 GMT)

Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Wed, 11 Apr 2007 18:03:57 GMT)

U.S. home sales forecast revised downward
U.S. existing-home sales will fall a downwardly revised 2.2 percent this year and new-home sales will plunge 14.2 percent, a real estate trade group said. (Wed, 11 Apr 2007 18:05:14 GMT)

*FOMC - Subprime Mortgage Problems Could Delay Housing Forecast; Lowers Q1 GDP Forecast
(RTTNews) - FOMC - Subprime Mortgage Problems Could delay Housing Forecast; Lowers Q1 GDP Forecast. (Wed, 11 Apr 2007 18:17:57 GMT)

Senators Propose `Hundreds of Millions' for Subprime Bailout
April 11 (Bloomberg) -- U.S. Senator Charles Schumer and other members of a key banking committee said the federal government should spend ``hundreds of millions of dollars'' to bail out subprime mortgage borrowers facing foreclosure. (Wed, 11 Apr 2007 18:24:36 GMT)

Reverse Mortgage Solutions opens in Spring
Reverse Mortgage Solutions Inc. has been formed to provide loan servicing and private-label subservicing technology and consulting for reverse mortgage products. (Wed, 11 Apr 2007 19:12:03 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Wed, 11 Apr 2007 19:24:32 GMT)

Bills Piling Up? Refinancing Your Car Puts Extra Cash In Your Pocket
(ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from? (Wed, 11 Apr 2007 20:04:52 GMT)

New Mortgage Rules Near Pawlenty's Desk
A proposed lending law meant to reduce risky mortgages could hit Gov. Tim Pawlenty's desk by the end of the week. More Political News (Wed, 11 Apr 2007 20:09:00 GMT)

Median home price projected to drop amid mortgage market's woes
WASHINGTON -- Key Senate Democrats issued a report Wednesday detailing the housing market's decline -which could be worse in the Inland area - amid calls for federal aid to homeowners at risk of foreclosure. (Wed, 11 Apr 2007 21:49:02 GMT)

Subprime mortgage lender NovaStar puts itself up for sale
SAN FRANCISCO (MarketWatch) -- NovaStar Financial said late Wednesday that it's considering selling itself, becoming the latest subprime mortgage specialist to propose relinquishing its independence. (Wed, 11 Apr 2007 23:08:28 GMT)

Welfare group backs stamp duty move for home buyers
A Western Australian welfare group has welcomed a move by the State Government to abolish stamp duty for home buyers eligible for a Government home loan for low income earners. (Wed, 11 Apr 2007 23:35:00 GMT)

Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Thu, 12 Apr 2007 00:38:53 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Thu, 12 Apr 2007 01:29:36 GMT)

REFILE-Suncorp plans A$1.8 bln mortgage-backed bonds
SYDNEY, April 12 (Reuters) - Australian banking and insurance group Suncorp-Metway Ltd. plans to sell A$1.8 bln ($1.5 billion) equivalent of residential mortgage-backed securities, a joint lead said on Thursday. (Thu, 12 Apr 2007 02:13:11 GMT)

REFILE-Suncorp plans A$1.8 bln mortgage-backed bonds
SYDNEY, April 12 (Reuters) - Australian banking and insurance group Suncorp-Metway Ltd. SUN.AX plans to sell A$1.8 bln ($1.5 billion) equivalent of residential mortgage-backed securities, a joint lead said on Thursday. (Thu, 12 Apr 2007 02:14:34 GMT)

$1 Billion Pledged to Help Fend Off Foreclosures
Neighborhood Assistance Corporation of America, an 18-year-old housing advocacy group, yesterday announced it would commit $1 billion to refinancing the loans of lower-income people at risk of losing their homes. (Thu, 12 Apr 2007 02:15:17 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, 12 Apr 2007 02:33:57 GMT)

Realtors Expect Home Prices to Show First Annual Decline
The National Association of Realtors said the problems in the subprime loan market will cause home prices to fall this year for the first time on record. (Thu, 12 Apr 2007 02:58:05 GMT)

Predatory loan bill advances
Minnesota home buyers can expect greater protections from abusive mortgage lending practices if a bill approved in a preliminary Senate vote Wednesday becomes law. A final vote is expected in the Senate today. The bill would then go to Gov. Tim Pawlenty's office for consideration. Spokesman Brian McClung said Pawlenty is "supportive of the legislation." The bill holds lenders more accountable for ... (Thu, 12 Apr 2007 03:15:06 GMT)

Group pledges mortgage assistance
A Boston-based nonprofit agency that fights mortgage scams has pledged $1 billion to help families with subprime loans avoid foreclosure. ... - By ASHLEY SMITH Telegraph Staff (Thu, 12 Apr 2007 04:13:34 GMT)

Understanding Your Mortgage
As you read reports of borrowers who were surprised when payments on their adjustable-rate mortgages shot up from introductory teaser rates, or who were thwarted in their attempt to refinance because they discovered that their current loan has a stiff prepayment penalty, you might start to wonder if any such surprises lurk in your own mortgage. (Thu, 12 Apr 2007 06:12:07 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Thu, 12 Apr 2007 06:42:11 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Thu, 12 Apr 2007 06:42:52 GMT)

Senators: U.S. should aid shaky mortgages
U.S. Sen. Charles Schumer and other members of a key banking committee said the federal government should spend "hundreds of millions of dollars" to bail out subprime mortgage borrowers facing foreclosure.The money would go to nonprofit community groups to help refinance mortgages homeowners can't afford to repay, Democratic Sens. Schumer of New York, Robert Menendez of New Jersey and Sherrod ... (Thu, 12 Apr 2007 07:07:20 GMT)

Housing activist offers $1b to aid subprime cases
Boston housing activist Bruce Marks said yesterday that his organization will provide $1 billion in mortgage refinancing to homeowners nationwide who are struggling with high-cost subprime loans. (Thu, 12 Apr 2007 09:32:54 GMT)

Bills Piling Up? Refinancing Your Car Puts Extra Cash In Your Pocket
(ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from? (Thu, 12 Apr 2007 09:56:02 GMT)

NAR Says 2007 Will Be First Home Price Drop Since Great Depression
The National Association of Realtors, which frequently trumpets the fact that median U.S. home prices haven't declined since the Great Depression, said yesterday for the first time that they expect prices to do just that. (Thu, 12 Apr 2007 09:57:20 GMT)

Mortgage survey and analysis
Bankrate's weekly national survey shows where mortgage rates are -- and our analysis predicts where they're headed. (Thu, 12 Apr 2007 10:00:00 GMT)

Group wants banks to help refinance shaky loans
Activist and community groups are stepping up efforts to aid homeowners affected by the housing market's woes. They argue that banks and mortgage brokers – not borrowers – bear most of the blame for the industry's problems. (Thu, 12 Apr 2007 10:06:49 GMT)

More bad news for home market
The subprime loan "debacle" will make it more difficult for borrowers to get mortgages and will cause U.S. home prices to fall this year for the first time on record, the National Association of Realtors said. (Thu, 12 Apr 2007 10:14:05 GMT)

Check out reverse mortgage loan norms
The National Housing Bank plans to allow senior citizens to mortgage their residential property to a bank or a housing finance company while retaining the right to stay, with an aim to providing a steady income to them. (Thu, 12 Apr 2007 10:27:31 GMT)

Ahead of the Bell: Mortgage Rates
Mortgage giant Freddie Mac will report its weekly survey of mortgage rates Thursday as investors continue to monitor the beleaguered housing sector. (Thu, 12 Apr 2007 10:41:11 GMT)

Draft reverse mortgage guidelines issued
The National Housing Bank (NHB) plans to allow senior citizens to mortgage their residential property to a bank or a housing finance company while retaining the right to stay. (Thu, 12 Apr 2007 10:52:00 GMT)

Group pledges mortgage assistance
A Boston-based nonprofit agency that fights mortgage scams has pledged $1 billion to help families with subprime loans avoid foreclosure. ... - By ASHLEY SMITH Telegraph Staff (Thu, 12 Apr 2007 11:11:34 GMT)

Biweekly mortgage payment calculator
How do I get more personalized results? Looking for more personalized rates? First compare rates in your area , then return to our mortgage payment and amortization calculator. (Thu, 12 Apr 2007 11:47:47 GMT)

Think You're Paying Too Much on Your Car Loan?
(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. (Thu, 12 Apr 2007 12:11:44 GMT)

Senate Democrats call for home-loan bailouts
Amid new signs that the housing slump is worsening, Senate Democrats are saying that hundreds of millions of dollars of new federal aid may be needed to assist homeowners at risk of foreclosure. (Thu, 12 Apr 2007 12:13:48 GMT)

Countrywide March mortgage loans up from year ago
Countrywide Financial Corp. , the largest U.S. mortgage lender, on Thursday said it made $43 billion in mortgage loans in March, up 5 percent from a year ago. (Thu, 12 Apr 2007 12:22:07 GMT)

Home prices could fall this year
NEW YORK — The subprime loan "debacle" will make it more difficult for borrowers to get mortgages and could cause U.S. home prices to fall this year for the first time on record, the National Association of Realtors said yesterday. (Thu, 12 Apr 2007 12:43:48 GMT)

U.S. mortgage rates move up
CHICAGO (MarketWatch) -- Mortgage rates moved up this week on the heels of a strong March employment report, Freddie Mac's chief economist said Thursday. (Thu, 12 Apr 2007 15:23:08 GMT)

Mortgage rates move on up
Mortgage rates climbed across the board in the latest week, with longer-term loans seeing the biggest increases, Freddie Mac said Thursday, citing last week's report of unexpected strength in the labor market. (Thu, 12 Apr 2007 16:59:05 GMT)

MORTGAGES: U.S. Mortgage Rates Move Up
CHICAGO (Dow Jones) -- Mortgage rates moved up this week on the heels of a strong March employment report, Freddie Mac's chief economist said Thursday. (Thu, 12 Apr 2007 17:02:41 GMT)

Mortgage rates go up again
Mortgage rates around the country rose for a second straight week with 30-year mortgages hitting the highest level since late February. (Thu, 12 Apr 2007 17:56:21 GMT)

Countrywide mortgage lending in foreclosure rises
NEW YORK (Reuters) - Countrywide Financial Corp. (CFC.N), the largest U.S. mortgage lender, said on Thursday the share of its mortgage portfolio that faces foreclosure nearly doubled in March from a year earlier in a difficult housing market. (Thu, 12 Apr 2007 18:04:07 GMT)

LI officials offer hotlines for home loan advice
GARDEN CITY, N.Y. (AP) _ Government officials and Long Island housing advocates announced efforts Thursday aimed at helping homeowners stave off foreclosure stemming from rising interest rates on so-called "subprime" home loans. (Thu, 12 Apr 2007 18:08:38 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Thu, 12 Apr 2007 18:09:07 GMT)

Satisfying Customers Online May Be Key for Mortgage Lenders
Mortgage lenders have improved their online customers' experience over the last year, but many Web sites still fall far short of meeting their visitors' needs. In a Web site study of 26 major online mortgage lenders, Change Sciences Group noted that 23 percent of the sites provided their online visitors looking to refinance a loan a "compelling" first impression, compared to 15 percent last year. (Thu, 12 Apr 2007 18:11:06 GMT)

Mortgage rates rise for second straight week
Mortgage rates around the country rose for a second straight week with 30-year mortgages hitting the highest level since late February. (Thu, 12 Apr 2007 18:44:14 GMT)

Mortgage rates rise
WASHINGTON Mortgage rates around the country rose for a second straight week with 30-year mortgages hitting the highest level since late February. In its weekly survey, mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.22 percent this week. That was up from 6.17 percent last week and put the 30-year rate at the highest point since it was also 6.22 percent ... (Thu, 12 Apr 2007 18:45:01 GMT)

Mortgage Rates Go Up Again
WASHINGTON -- Mortgage rates around the country rose for a second straight week with 30-year mortgages hitting the highest level since late February. (Thu, 12 Apr 2007 18:46:47 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Thu, 12 Apr 2007 19:41:48 GMT)

Maximize home tax advantages
Your home is your most expensive asset. Come tax time you'll want to make sure you're getting all the tax perks you're entitled to. Here's what you need to know to make owning a home really pay off. (Thu, 12 Apr 2007 19:59:25 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Thu, 12 Apr 2007 20:31:49 GMT)

Postal dept may tie up with HDFC for home loans
Private insurance players are keen to tie up with the postal department.. New Delhi April 12 The ubiquitous post office may, in the coming days, begin to offer home loan products, with the postal department looking to enter into distribution partnership with home loan major HDFC. (Thu, 12 Apr 2007 20:54:08 GMT)

Mortgage rates rise on employment data
Mortgage rates were pushed up this week due to stronger-than-expected March employment data, according to Freddie Mac. (Thu, 12 Apr 2007 21:13:23 GMT)

FPL to Sell $300M in Mortgage Bonds
FPL Group Inc., parent of electric utility Florida Power & Light Co., on Thursday said it plans to sell $300 million in 30-year first mortgage bonds to repay short-term borrowings and for other business purposes. (Thu, 12 Apr 2007 21:39:48 GMT)

Bankrate: Mortgage Rates Rise for 4th Straight Week
NEW YORK, April 12 /PRNewswire-FirstCall/ -- Fixed mortgage rates continued to climb this week. The average 30-year fixed mortgage rate rose to 6.31 percent. (Thu, 12 Apr 2007 21:49:57 GMT)

Banks Create Program to Ebb Foreclosure Tide
Two big banks have committed $1 billion in financing to help people with subprime mortgage loans avoid foreclosure. The program, administered by a Boston housing advocacy group, will refinance the mortgages of thousands of low-income homeowners deemed to have been taken advantage of by abusive lenders. (Thu, 12 Apr 2007 23:14:56 GMT)

Banks Create Program to Ebb Foreclosure Tide
Two big banks have committed $1 billion in financing to help people with subprime mortgage loans avoid foreclosure. The program, administered by a Boston housing advocacy group, will refinance the mortgages of thousands of low-income homeowners deemed to have been taken advantage of by abusive lenders. (Thu, 12 Apr 2007 23:24:27 GMT)

Exotic mortgage holders face difficult refinancing
Refinancing a mortgage, suddenly, isn’t such an easy thing to do. That’s troubling news for some homeowners who bought during the last two or three years using interest-only mortgages, payment-option plans or adjustable-rate mortgages that allowed for quick escalation of the interest rate. (Fri, 13 Apr 2007 01:26:25 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Fri, 13 Apr 2007 01:41:16 GMT)

Weekly Home Loan Report: 13-20 April, 2007
Weekly Home Loan Report: Most lenders have now re-priced their mortgage ranges in response to the latest increases to the cost of their funding but some are fine-tuning and others are still catching up. (Fri, 13 Apr 2007 03:29:04 GMT)

Fraud Seen Possible In Bush Loan Plan
A Bush administration plan to offer low- and middle-income home buyers an alternative to subprime loans may be susceptible to fraud, the inspector general for the Department of Housing and Urban Development said. (Fri, 13 Apr 2007 08:07:43 GMT)

Mortgage rates rise for second week, hit 6.22%
Mortgage rates around the country rose for a second straight week, with 30-year mortgages hitting the highest level since late February. In its weekly survey, mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.22 percent this week. (Fri, 13 Apr 2007 09:20:48 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Fri, 13 Apr 2007 10:19:35 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Fri, 13 Apr 2007 10:19:52 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, 13 Apr 2007 11:40:07 GMT)

What will happen to my mortgage?
Mortgage terms will not change and service will continue uninterrupted. Mortgages will be changed over to CitiMortgage, likely by the end of the year. Customers will be notified as this happens. (Fri, 13 Apr 2007 14:51:28 GMT)

Citigroup-owned mortgage company closing, 550 losing jobs
JACKSONVILLE, Fla. A Jacksonville mortgage company owned by Citigroup will close by the end of the year and 550 employees will lose their jobs. A-B-N A-M-R-O... (Fri, 13 Apr 2007 14:53:36 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, 13 Apr 2007 15:12:25 GMT)

Citigroup-owned mortgage company closing, 550 losing jobs
A mortgage company owned by Citigroup Inc. will close by the end of the year and 550 employees have been told they will lose their jobs. (Fri, 13 Apr 2007 15:19:43 GMT)

Hawaii mortgage rates: 5.875%
Mortgage rates are inching upward, and for the first time in months a local bank is quoting 6 percent for a regular 30-year home loan. Most lenders are an eighth below that. (Fri, 13 Apr 2007 15:28:48 GMT)

Federal Home Loan Bank of Indianapolis Announces 2007 First Quarter Dividend
INDIANAPOLIS, April 13, 2007 -- The board of directors of the Federal Home Loan Bank of Indianapolis declared a dividend on B-1 stock at an annualized rate of 4.50%. Additionally, B-2 stock will be paid at an annualized rate of 3.60%. (Fri, 13 Apr 2007 15:52:37 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Fri, 13 Apr 2007 18:05:21 GMT)

Senate passes bill to ban predatory mortgage loans
The state Senate voted unanimously and without discussion Friday to adopt a bill that would prohibit predatory lending practices in the mortgage industry. The bill forces brokers and lenders to ensure that borrowers have a "reasonable ability to pay." It also bans certain kinds of mortgages to high-risk borrowers that have shown to be ripe for abuse. The same bill was approved by the House ... (Fri, 13 Apr 2007 18:06:09 GMT)

Shearson Home Loans Branch Grows Loan Volume Amid Industry Woes
Shearson Financial Network, Inc. www.sfnncorp.com, announced today that its wholly owned subsidiary, Shearson Home Loans www.shearsonhomeloans.com has set a year-to-date loan volume origination record for the Irvine, California based operations center of the company. (Fri, 13 Apr 2007 18:09:00 GMT)

College Officials Serve on Boards of Loan Companies (Update2)
April 13 (Bloomberg) -- John Affleck-Graves, executive vice president of the University of Notre Dame, collected $58,984 last year in eight months as a director of Student Loan Corp., a lender to the school's attendees and their parents. (Fri, 13 Apr 2007 18:26:57 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Fri, 13 Apr 2007 19:46:18 GMT)

College Officials Serve on Boards of Loan Companies (Update3)
April 13 (Bloomberg) -- John Affleck-Graves, executive vice president of the University of Notre Dame, collected $58,984 last year in eight months as a director of Student Loan Corp., a lender to the school's attendees and their parents. (Fri, 13 Apr 2007 21:12:07 GMT)

Ruma gets seat on Home Loan Bank board
A Central Ohio homebuilder was among three directors appointed to the board of the Federal Home Loan Bank of Cincinnati, the bank said Friday. (Fri, 13 Apr 2007 21:14:10 GMT)

PNB plan for reverse mortgage
New Delhi, April 13 : Punjab National Bank (PNB) today became the first bank to launch a reverse mortgage loan product called PNB Baagbaan. (Fri, 13 Apr 2007 21:24:35 GMT)

Mortgage Mod Squad
With large numbers of homeowners falling behind on mortgage payments, lenders across the country are seeking ways to keep delinquent customers out of foreclosure. (Fri, 13 Apr 2007 21:25:55 GMT)

550 Lose Jobs As Jacksonville-Based Mortgage Co. Closes
JACKSONVILLE, Fla. -- A mortgage company owned by Citigroup will close by the end of the year and 550 employees will lose their jobs. (Fri, 13 Apr 2007 21:29:59 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Fri, 13 Apr 2007 22:21:08 GMT)

Lawmakers tackle mortgage giant reform
Amid a worsening housing slump, Senate and House lawmakers are pushing different approaches to strengthen oversight of the two government-backed mortgage giants, Fannie Mae and Freddie Mac. (Fri, 13 Apr 2007 22:55:15 GMT)

Homeowners face 2 bln pound mortgage "lock-in"
Homeowners are facing a two billion pound "lock-in" that could stop them from switching to a better mortgage deal, a report says. (Fri, 13 Apr 2007 23:18:52 GMT)

Don't default on your loan - you can keep your home
Sacramento, Calif. - Trouble begins with a slow-motion descent toward your first missed mortgage payment. It's a... (Fri, 13 Apr 2007 23:52:07 GMT)

Mortgage help
Behind on your mortgage payment? Here's what you can do: (Sat, 14 Apr 2007 01:01:45 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Sat, 14 Apr 2007 01:46:49 GMT)

Bills Piling Up? Refinancing Your Car Puts Extra Cash In Your Pocket
(ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from? (Sat, 14 Apr 2007 03:06:19 GMT)

Homeowners face 2 bln pound mortgage "lock-in"
In January, the Financial Services Authority (FSA) gave lenders until the end of February to justify their high mortgage exit fees, also called "discharge", "vacating" or "sealing" fees. (Sat, 14 Apr 2007 03:06:36 GMT)

It's a federal case: U.S. takes on alleged mortgage fraud
A crackdown on alleged mortgage scams is heating up, with federal officials taking over prosecution of an alleged Hub fraud ring that previously faced only state charges. U.S. Attorney Michael Sullivan's... (Sat, 14 Apr 2007 04:14:47 GMT)

Bills Would Ease Student Loan Payments for Public Sector Attorneys
Legislation is advancing in both houses of Congress to create a student loan repayment program for public sector attorneys who handle criminal cases, and prospects for final passage this year are strong, according to congressional and outside sources. A Senate bill, sponsored by Sen. Richard Durbin, D-Ill., has drawn Republican as well as Democratic cosponsors. "It is clear that large student ... (Sat, 14 Apr 2007 05:07:47 GMT)

Senate OKs home-loan bill
The infamous "no-doc" home loan will get the boot in Minnesota under a stiff new anti-predatory lending bill Gov. Tim Pawlenty is expected to sign into law this coming week. (Sat, 14 Apr 2007 05:17:05 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Sat, 14 Apr 2007 05:59:54 GMT)

Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Sat, 14 Apr 2007 06:00:04 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. (Sat, 14 Apr 2007 06:42:10 GMT)

New tools ease shopping for mortgage
At a time when many families are losing their homes to foreclosure, mortgage experts are offering new tools to help home buyers avoid making the same mistakes. (Sat, 14 Apr 2007 06:58:13 GMT)

Mortgage broker faces crime charges
BELLINGHAM — A Bellingham mortgage broker and his wife have been charged with criminal offenses in what investigators are calling a foreclosure rescue scheme to get title to a local couple’s Lummi Island home. (Sat, 14 Apr 2007 07:09:44 GMT)

ABN Amro Mortgage to close Troy, Madison Heights offices, keep Ann Arbor office open
Citigroup Inc. told its Michigan employees Thursday that ABN Amro Mortgage Group Inc., which it bought in January from Netherlands-based ABN Amro Bank N.V. (Sat, 14 Apr 2007 07:13:08 GMT)

Shop around for the best mortgage deal
For most would-be borrowers, the challenge is not in finding a mortgage lender, but in sorting through the throngs of banks, online lenders... (Sat, 14 Apr 2007 07:17:02 GMT)

Loan-delinquency rise fuels varying degrees of concern
The rate of delinquencies on home-equity loans rose about 7 percent in the fourth quarter from the third quarter in the latest sign of cracks... (Sat, 14 Apr 2007 07:17:32 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Sat, 14 Apr 2007 07:42:55 GMT)

Featured Story
(Augusta: Apr 8, 2007 ) The Legislature later this month will begin its review of what could be one of the nation’s toughest laws against predatory lending practices by mortgage brokers, who are stripping the equity out of people’s homes with refinancing deals that benefit the lender, not the borrower. (Sat, 14 Apr 2007 10:14:58 GMT)

Wide Range Of Mortgage Products Reflects 'Changing Types Of Customers'
The increasing number of mortgage products available on the UK mortgage market reflects the changing needs of consumers, according to Sally Lauder, a spokesperson for Alliance & Leicester mortgages. (Sat, 14 Apr 2007 10:21:00 GMT)

Think You're Paying Too Much on Your Car Loan?
(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. (Sat, 14 Apr 2007 11:23:37 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. (Sat, 14 Apr 2007 12:04:08 GMT)

Key to avoiding home loan default: Work with lender
MONROE -- Modify your mortgage: That's the message more and more mortgage lenders are giving borrowers who are struggling to make payments and may be teetering on the verge of foreclosure. (Sat, 14 Apr 2007 14:50:29 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, 14 Apr 2007 15:22:37 GMT)

Why Now is a Good Time to Refinance
(ARA) - If you're a homeowner, the recent drop in interest rates has opened up the possibility of big savings on your monthly payments. (Sat, 14 Apr 2007 17:09:20 GMT)

Think You're Paying Too Much on Your Car Loan?
(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. (Sat, 14 Apr 2007 18:06:16 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. (Sat, 14 Apr 2007 18:23:11 GMT)

Good Reasons to Refinance Now
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market. (Sat, 14 Apr 2007 18:23:30 GMT)

Lawmakers Tackle Mortgage Giant Reform
WASHINGTON -- Amid a worsening housing slump, Senate and House lawmakers are pushing different approaches to strengthen oversight of the two government-backed mortgage giants, Fannie Mae and Freddie Mac. (Sat, 14 Apr 2007 19:05:24 GMT)

How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance ? Are the rates and the current mortgage market the best indicators? (Sat, 14 Apr 2007 19:17:12 GMT)

Bills Piling Up? Refinancing Your Car Puts Extra Cash In Your Pocket
(ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from? (Sat, 14 Apr 2007 20:11:41 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. (Sat, 14 Apr 2007 21:49:24 GMT)

Previous 1 2 3 4 5 6 7 8 Next

---

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