It takes a crisis to raise a mortgage programme April Fools' Day will have a special meaning for the Federal Reserve this year: it will be the first day the central bank allows a ravaged US mortgage market to stand on its own two feet. (Mon, 11 Jan 2010 20:58:10 GMT)
Vail Valley: Mortgage seminar is Jan. 12 in Eagle A Vail Valley company, The Debt Doctor LLC, is sponsoring a free seminar, "What a mortgage lender can do for you," Jan. 12 at 6:30 p.m. in the lower level of the Alpine Bank building in Eagle. The guest speaker is Mike Valdez of Unibell Financial. Valdez can provide information in both English and Spanish if needed. Valdez will answer questions including: What does my credit have to be like ... (Mon, 11 Jan 2010 21:13:23 GMT)
U.S. Mortgage Delinquencies Hit Record High of 9.8% at Nov. 30 Jan. 11 (Bloomberg) -- Total U.S. mortgage delinquencies, excluding foreclosures, increased to a record high 9.8 percent, representing a month-over-month increase of 5.5 percent and a year-over-year increase of 21 percent based on data as of Nov. 30, Lender Processing Services Inc. said. (Mon, 11 Jan 2010 21:33:00 GMT)
HUD, FHA To Announce Review Of Some Mortgage Lenders WASHINGTON -(Dow Jones)- Federal housing officials are poised to announce a new line of attack Tuesday against home foreclosures, focused on mortgage lenders that have a disproportionately high number of poorly performing loans. (Mon, 11 Jan 2010 21:48:35 GMT)
Hoenig Says Fed Should End Mortgage Program in March (Update1) Jan. 11 (Bloomberg) -- Thomas Hoenig , president of the Federal Reserve Bank of Kansas City, said the central bank should end its purchases of mortgage debt as planned in March because the private market for the securities is “healing.” (Mon, 11 Jan 2010 23:17:39 GMT)
Jeffrey Doyle Ranks Among the 40 Most Influential Mortgage Professionals WOBURN, Mass., Jan. 11 /PRNewswire/ -- Jeffrey Doyle, CEO and co-founder of LoyaltyExpress, has been recognized by National Mortgage Professional Magazine among the 40 most influential mortgage professionals under 40 in the United States. (Mon, 11 Jan 2010 23:18:02 GMT)
Mortgage broker gets six years in $40 million scam A man who posed as a mortgage broker was sentenced this morning to 70 months in prison, federal prosecutors said. (Mon, 11 Jan 2010 23:59:04 GMT)
Before applying for auto or mortgage loans, do your research (ARA) - While the number of auto and mortgage loans issued are down, and the effort it takes to get a good loan these days might seem daunting, there are signs that consumer lending is improving with positive economic reports. (Tue, 12 Jan 2010 00:28:44 GMT)
Federal Way broker gets 5 years for mortgage fraud A Federal Way mortgage broker has been sentenced to five years in prison for defrauding lenders of more than $47 million. (Tue, 12 Jan 2010 00:43:30 GMT)
Australian Home-Loan Approvals Drop 5.6% in November (Update1) Jan. 12 (Bloomberg) -- Australian home-loan approvals fell in November to the lowest level in nine months as central bank Governor Glenn Stevens led the world in raising borrowing costs. (Tue, 12 Jan 2010 01:25:09 GMT)
Shock plunge in home loan approvals Cuts in the Federal Government's incentive for first home buyers is being attributed with a bigger-than-expected plunge in the number of new home loans taken out in November. (Tue, 12 Jan 2010 01:40:42 GMT)
Australian Dollar Weakens After Home Loans Fall More Than Seen Jan. 12 (Bloomberg) -- Australia’s dollar weakened after a government report showed home-loan approvals fell in November to the lowest level in nine months as central bank Governor Glenn Stevens led the world in raising borrowing costs. (Tue, 12 Jan 2010 01:43:37 GMT)
Australian Home Loans Fall 5.6%, Most in 18 Months (Update2) Jan. 12 (Bloomberg) -- Australian home-loan approvals fell in November by the most in 18 months as central bank Governor Glenn Stevens led the world in raising borrowing costs. (Tue, 12 Jan 2010 04:30:54 GMT)
Wells Fargo sets up mortgage-modification workshop for struggling borrowers Behind long white curtains at the Baltimore Convention Center on Monday, Wells Fargo loan specialists huddled with distressed homeowners. There, Kerry Pollock found help with his mortgage after a two-hour drive from Manassas. (Tue, 12 Jan 2010 04:38:06 GMT)
Australian Dollar Weakens After Home Loans Fall More Than Seen Jan. 12 (Bloomberg) -- Australia’s dollar fell from near a two-month high after a report showed home-loan approvals dropped in November by the most in 18 months as central bank Governor Glenn Stevens led the world in raising borrowing costs. (Tue, 12 Jan 2010 05:38:10 GMT)
Mortgage Activity Sums Up Dreary ’09 Although the mortgage industry enjoyed an uptick in activity as the year ended, it by no means salvaged an otherwise abysmal 2009.Lenders suffered one.... (Tue, 12 Jan 2010 06:11:29 GMT)
Weak home loan data lowers dollar THE Australian dollar closed lower today as softer-than-expected home loans data weakened the currency. (Tue, 12 Jan 2010 06:41:42 GMT)
Roth is sentenced in mortgage fraud case Mark Roth, a co-defendant in a mortgage fraud scheme headed by Robert Penn, was sentenced Monday to 43 months in prison by U.S. District Judge David Hamilton. (Tue, 12 Jan 2010 06:44:14 GMT)
Home loan slump won't stop rate rise An economist says a sharp fall in the number of people taking out home loans is unlikely to stop the Reserve Bank from raising interest rates at its next board meeting in February. (Tue, 12 Jan 2010 10:13:39 GMT)
Mortgage default is poor choice A man who is $40,000 under water on his loan wonders if he should trigger a mortgage default. (Tue, 12 Jan 2010 11:00:00 GMT)
Good credit score of past not so good now In the new lending environment, a good credit score is not good enough for today's homebuyers. (Tue, 12 Jan 2010 11:00:00 GMT)
10 smart money-saving tips for 2010 Check your spending at the door and use these money-saving tips for everyday life and retirement. (Tue, 12 Jan 2010 11:00:00 GMT)
Mortgage default is poor choice Dear Dr. Don, I purchased a house 10 years ago and financed it with a 30-year fixed-rate mortgage for $220,000. The outstanding loan balance is $200,000. If the current value of my house is $160,000, does that mean I have absolutely no equity in my house? (Tue, 12 Jan 2010 11:27:30 GMT)
Mortgage Overnight Averages New good faith estimate is supposed to be accurate; is it morally OK to walk away from a mortgage? Let us watch for you. We'll tell you when they hit your target. (Tue, 12 Jan 2010 11:27:40 GMT)
Mortgage Overnight Averages New good faith estimate is supposed to be accurate; is it morally OK to walk away from a mortgage? (Tue, 12 Jan 2010 11:28:22 GMT)
Cost of fixed-rate mortgage falls The cost of fixed-rate mortgages fell during December as competition in the market began to increase, figures have shown. The average interest rate charged on a two-year mortgage for someone with a 25% deposit dropped by 0.04% during the month to 4.06%, according to the Bank of England. (Tue, 12 Jan 2010 11:56:51 GMT)
National Thirty-Year Fixed Mortgage Rate Falls Back Under 5.00% The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased six basis points last week to 4.99 percent, down from 5.05 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. (Tue, 12 Jan 2010 13:00:00 GMT)
C.A. Bancorp Inc. (TSX: BKP) Announces Closing of a $1.2 Million Follow-On Mortgage Investment in the Kingswood ... TORONTO, ONTARIO--(Marketwire - 01/12/10) - C.A. Bancorp Inc. ("C.A. Bancorp") (TSX: BKP - News ) is pleased to announce that it has closed a $1.2 million follow-on interest yielding mortgage investment in Kingswood Drive Kitchener Limited Partnership (the "Partnership"). The Partnership owns a 360 unit Kingswood Apartment Complex ("Kingswood") located in Kitchener, Ontario. C.A. Bancorp owns a ... (Tue, 12 Jan 2010 13:00:00 GMT)
C.A. Bancorp Inc. (TSX:BKP) Announces Closing of a $1.2 Million Follow-On Mortgage Investment in the Kingswood ... TORONTO, ONTARIO-- - C.A. Bancorp Inc. is pleased to announce that it has closed a $1.2 million follow-on interest yielding mortgage investment in Kingswood Drive Kitchener Limited Partnership . (Tue, 12 Jan 2010 13:00:17 GMT)
Hoenig Says Fed Should End Mortgage Program in March (Update1) Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, said the central bank should end its purchases of mortgage debt as planned in March because the private market for the securities is “healing.” (Tue, 12 Jan 2010 13:14:27 GMT)
C.A. Bancorp Inc. (TSX:BKP) Announces Closing of a $1.2 Million Follow-On Mortgage Investment in the Kingswood ... TORONTO, ONTARIO--(Marketwire - Jan. 12, 2010) - C.A. Bancorp Inc. ("C.A. Bancorp") (TSX:BKP) is pleased to announce that it has closed a $1.2 million follow-on interest yielding mortgage investment in Kingswood Drive Kitchener Limited Partnership (the "Partnership"). The Partnership owns a 360 unit Kingswood Apartment Complex ("Kingswood") located in Kitchener, Ontario. C.A. Bancorp owns a 80 ... (Tue, 12 Jan 2010 13:20:04 GMT)
Singapore spells out stronger measures to curb loan shark activities The Singapore Parliament is moving the bill on money lending aimed at strengthening measures to tackle loan shark activities in Singapore, local media reported on Tuesday. Speaking in Parliament, Singapore's Senior Minister of State for Home Affairs Ho Peng Kee said the main focus is to give legal powers to disrupt the finances that sustain loan shark operations, local TV broadcaster Channel ... (Tue, 12 Jan 2010 15:14:24 GMT)
Australian Dollar Weakens After Home Loans Fall More Than Seen Jan. 12 (Bloomberg) -- Australia’s dollar fell from near a two-month high after a report showed home-loan approvals dropped in November by the most in 18 months as central bank Governor Glenn Stevens led the world in raising borrowing costs. (Tue, 12 Jan 2010 15:58:35 GMT)
CCCS to Offer Reverse Mortgage Advice The U.S. Department of Housing and Urban Development gave a $1.8 million grant to Consumer Credit Counseling Service of Greater Atlanta so it can give free reverse mortgage counseling sessions nationwide. (Tue, 12 Jan 2010 17:54:26 GMT)
Contact us: Has a bank agreed to reduce the principal on your home loan? Has a bank agreed to reduce the principal on your home loan? The News-Press is doing a story and would like to hear from you. (Tue, 12 Jan 2010 17:59:40 GMT)
Australia’s Dollar Falls as Home Loans Drop More Than Expected Jan. 12 (Bloomberg) -- Australia’s dollar fell from almost the highest level since November after a report showed home-loan approvals dropped by the most in 18 months as Reserve Bank Governor Glenn Stevens led the world in raising borrowing costs. (Tue, 12 Jan 2010 18:18:55 GMT)
The Hindu Business Line : Teaser home loan rates are cause for concern: RBI Ms Usha Thorat, RBI Deputy Governor. The ‘teaser' home loan rates or the fixed-cum-floating rates, which are increasingly being offered, are a cause for concern. (Tue, 12 Jan 2010 18:39:59 GMT)
Mortgage Bankers Group: US Job Market Will Be Tough In 2010 WASHINGTON -(Dow Jones)- U.S. economic growth is expected to hold steady in 2010, but new jobs will be scarce--a problem that will likely have a major impact on homeowners, the Mortgage Bankers Association said Tuesday. (Tue, 12 Jan 2010 18:48:48 GMT)
US Government Subpoenas 15 Mortgage Cos., Seeks Data On Failed Loans WASHINGTON -(Dow Jones)- The U.S. Housing and Urban Development announced Tuesday that its inspector general has issued subpoenas to 15 mortgage companies seeking information about failed home loans that resulted in claims against the federal mortgage insurance program. (Tue, 12 Jan 2010 19:18:28 GMT)
Feds subpoena 15 mortgage companies over failed loans MANATEE — Federal officials have subpoenaed 15 mortgage lenders who have suspiciously high default and claim rates for loans backed by the Federal Housing Administration . (Tue, 12 Jan 2010 19:47:52 GMT)
HUD investigating two Dallas-area mortgage firms 2:17 PM CT The inspector general of the U.S. Department of Housing and Urban Development announced Tuesday that it has subpoenaed records from 15 mortgage companies whose FHA-insured loans have "significant" failure rates. (Tue, 12 Jan 2010 20:19:21 GMT)
US Government Subpoenas 15 Mortgage Cos., Seeks Data On Failed Loans US Government Subpoenas 15 Mortgage Cos., Seeks Data On Failed Loans (Tue, 12 Jan 2010 20:20:45 GMT)
Lending blues to cloud commercial real estate outlook in 2010 Cleveland State University urban studies professor Robert Simons sees commercial real estate refinancing as the '900-pound gorilla in the economy, and it has not hit bottom yet.' (Tue, 12 Jan 2010 20:58:11 GMT)
Feds subpoena Lombard mortgage firm 1st Advantage Mortgage among firms under investigation for having high default rates A Lombard mortgage company and 14 other firms based elsewhere were served with subpoenas by the U.S. Department of Housing and Urban Development on Tuesday, part of a probe of mortgage lenders with high default fates. (Tue, 12 Jan 2010 21:22:24 GMT)
U.S. Subpoenas 15 FHA Lenders With High Mortgage Defaults Jan. 12 (Bloomberg) -- The U.S. Housing and Urban Development Department said it subpoenaed 15 mortgage companies today to seek out possible fraud in an effort to stem losses on loans insured by the Federal Housing Administration. (Tue, 12 Jan 2010 21:37:32 GMT)
The Fed: Fed must let mortgage market stand on own: Plosser The Federal Reserve must cede control of the mortgage market back to the private sector or risk delaying the return of normal markets, a policy maker of the central bank says. (Wed, 13 Jan 2010 00:16:00 GMT)
Aviva warns of shortfall in 88% of its mortgage endowments Aviva cuts payouts after poor returns from with-profits fund Britain's biggest insurer today warned there was a high risk that nine in 10 of its mortgage endowment policies would not pay off customers' home loans, despite last year's strong stockmarket performance. Aviva (formerly known as Norwich Union) also announced fresh cuts to payouts on 25-year mortgage endowments after disclosing that ... (Wed, 13 Jan 2010 04:24:56 GMT)
Mortgage lenders launch new tracker and fixed-rate deals Without knowing what interest rates will do many homeowners are playing safe You don't need a financial adviser, you need a crystal ball if you want to know where interest rates might be heading in 2010 and whether it would be better to take out a fixed-rate mortgage or a tracker/discounted deal. A lot hinges on what happens to the Bank of England base rate, and, as ever, there is little ... (Wed, 13 Jan 2010 04:27:43 GMT)
Mortgage Lender Hits Latham and Manatt With Malpractice Suit Latham & Watkins and Manatt Phelps & Phillips are the targets of a malpractice lawsuit filed by ECC Capital, which accuses the firms of botching a deal to sell its mortgage-origination business and a subprime-loan portfolio to Bear Stearns. The deal in question closed in 2007, but the two companies battled over it in court until reaching a settlement and finalizing terms last July. Now that the ... (Wed, 13 Jan 2010 04:32:31 GMT)
Feds subpoena 15 mortgage lenders MANATEE — Federal housing officials are taking a closer look at 15 mortgage companies with unusually high default rates on Federal Housing Administration-backed loans. (Wed, 13 Jan 2010 04:48:18 GMT)
Mortgage Lender Hits Latham and Manatt With Malpractice Suit Latham & Watkins and Manatt Phelps & Phillips are the targets of a malpractice lawsuit filed by ECC Capital, which accuses the firms of botching a deal to sell its mortgage-origination business and a subprime-loan portfolio to Bear Stearns. (Wed, 13 Jan 2010 08:02:06 GMT)
Speed up your mortgage? Consider alternatives first "You have nothing to lose and so much to gain — $103,162!" (Wed, 13 Jan 2010 10:13:09 GMT)
China regulator seeks halt to mortgage commissions Chinese banking regulators direct the nation’s lenders to halt the practice of providing commissions to real estate agents for introducing mortgage customers, representing the latest effort to by central planners to rein in the surging property market, according to reports. (Wed, 13 Jan 2010 10:31:00 GMT)
Edison firm part of FHA mortgage crackdown Federal housing officials yesterday served subpoenas on 15 mortgage companies — including one in Edison — that had suspiciously high default rates for loans backed by the Federal Housing Administration. The actions are part of a broad crackdown on dubious... (Wed, 13 Jan 2010 11:43:08 GMT)
U.S. home refinancing demand soars first week of 2010 U.S. mortgage applications rose during the first week of 2010, reflecting a surge in demand for home refinancing loans as interest rates dropped, data from an industry group showed on Wednesday. (Wed, 13 Jan 2010 12:05:12 GMT)
Week-to-week mortgage applications rise 14.3%: MBA A post-holidays rebound in filings to refinance existing home loans is largely responsible for the 14.3% increase in week-to-week, seasonally adjusted mortgage applications reported by the Mortgage Bankers Association. (Wed, 13 Jan 2010 12:15:52 GMT)
U.S. MBA Mortgage Applications Index Increased 14% Last Week The number of mortgage applications in the U.S. rose 14 percent last week, led by a rebound in refinancing activity. (Wed, 13 Jan 2010 12:26:36 GMT)
U.S. MBA Mortgage Applications Index Increased 14% Last Week Jan. 13 (Bloomberg) -- The number of mortgage applications in the U.S. rose 14 percent last week, led by a rebound in refinancing activity. The Mortgage Bankers Association’s index of loan applications climbed to 528.1 in the week ended Jan. 8, from 462.2 a week earlier. (Wed, 13 Jan 2010 12:30:54 GMT)
Columbia-based mortgage firm among 15 targeted in U.S. probe Dell Franklin Financial subpoenaed Federal housing officials on Tuesday served subpoenas on 15 mortgage companies, including one in Maryland, saying the firms appeared to have high default rates for loans backed by the Federal Housing Administration. (Wed, 13 Jan 2010 12:56:14 GMT)
U.S. Stock-Index Futures Advance; Kraft Gains, Google Declines Jan. 13 (Bloomberg) -- U.S. stock-index futures advanced, after the Standard & Poor’s 500 Index fell yesterday for the first day this year, as a report said the number of mortgage applications rose 14 percent last week. (Wed, 13 Jan 2010 13:01:13 GMT)
CBA freezes mortgage fund The Commonwealth Bank's funds management arm has again been forced to freeze withdrawals from its $850 million mortgage income fund after being caught out by a spike in lending losses. (Wed, 13 Jan 2010 13:06:27 GMT)
US home refinancing soars NEW YORK - US MORTGAGE applications rose during the first week of 2010, reflecting a surge in demand for home refinancing loans as interest rates dropped, data from an industry group showed on Wednesday. Demand for loans to purchase a home, however, only rose marginally. A continuation of this trend would not bode well for the US housing market, which has been showing signs of stabilization, but ... (Wed, 13 Jan 2010 13:21:18 GMT)
Mortgage applications rise in first week of 2010 By Julie Haviv (Wed, 13 Jan 2010 13:34:28 GMT)
Thousands of Homeowners Benefiting from Government's Home Loan Modification Program The Treasury Department recently released data on activity in its Making Home Affordable loan modification program during November 2009. As expected, borrowers continued to enter the program under trial modifications. (Wed, 13 Jan 2010 13:45:00 GMT)
Home Refinancing Demand Soars First Week of 2010 Home Refinancing Demand Soars First Week of 2010 (Wed, 13 Jan 2010 13:46:37 GMT)
U.S. MBA Mortgage Applications Index Increased 14% Last Week Jan. 13 (Bloomberg) -- The number of mortgage applications in the U.S. rose 14 percent last week, led by a rebound in refinancing activity. The Mortgage Bankers Association’s index of loan applications climbed to 528.1 in the week ended Jan. 8, from 462.2 a week earlier. (Wed, 13 Jan 2010 13:55:12 GMT)
Mortgage rates dip, but hold above 5% An ever-so-slight dip in interest rates -- but not enough to send them below 5 percent -- perked consumer's appetite for refinancing their mortgages last week, according to data released Wednesday. (Wed, 13 Jan 2010 14:19:37 GMT)
Home Refinancing Demand Soars First Week of 2010 NEW YORK--U.S. mortgage applications rose during the first week of 2010, reflecting a surge in demand for home refinancing loans as interest rates dropped, data from an industry group showed on Wedne... (Wed, 13 Jan 2010 15:10:45 GMT)
Mortgage applications rise in first week of 2010 U.S. mortgage applications rose in the first week of 2010, reflecting surging demand for home refinancing loans as interest rates dropped, industry data showed on Wednesday. (Wed, 13 Jan 2010 15:29:27 GMT)
Mortgage Applications Rise In First Week Of 2010 Mortgage applications nationwide rose in the first week of 2010, reflecting surging demand for home refinancing loans as interest rates dropped, industry data showed on Wednesday. (Wed, 13 Jan 2010 15:56:05 GMT)
Everton Loan Signing Landon Donovan 'Excited' To Make Home Debut Everton 's American import, Landon Donovan is relishing the prospect of making his home debut for the Merseyside club. (Wed, 13 Jan 2010 16:08:52 GMT)
Mortgage Applications Rise in First Week of 2010 Mortgage applications rose in the first week of 2010, reflecting surging demand for home refinancing loans as interest rates dropped, industry data showed on Wednesday. (Wed, 13 Jan 2010 17:25:00 GMT)
Freddie Mac Plans to Sell Commercial-Mortgage Bonds (Update2) Jan. 13 (Bloomberg) -- Freddie Mac , the mortgage-finance company with U.S. government support, plans to sell about $1.1 billion of securities backed by loans on multifamily properties. (Wed, 13 Jan 2010 18:07:47 GMT)
Georgia Supreme Court to hear Harris County home-loan case The case of Schorr v. Countrywide Home Loans Inc. involves Bradley and Lori Schorr, who claim Countrywide broke the law by not canceling their security deed once they paid off their loan. They want their their lawsuit to be a class-action suit. (Wed, 13 Jan 2010 19:06:51 GMT)
Critics say new home-appraisal rules drive down values Home buyers who take out federally insured home loans will soon find their mortgage brokers can't select appraisers, part of an effort to ensure appraisers aren't pressured to inflate home values. (Wed, 13 Jan 2010 19:48:10 GMT)
CashCall Mortgage Beats the Big Banks: Offers 30-Year 'Free Closer' ... a 4.875% Fixed-Rate Mortgage With Zero Points ... Just when the mortgage departments at America's largest banks thought they had cornered the market, CashCall Mortgage beats their supposedly low rate plans yet again. This time, CashCall gives consumers a low fixed-rate of just 4.875% with zero points and zero closing costs. (Wed, 13 Jan 2010 19:50:00 GMT)
Mortgage applications increase Mortgage application volume increased 14.3 percent last week on an adjusted basis, compared with the previous week, the Mortgage Bankers Association reported. (Wed, 13 Jan 2010 20:05:27 GMT)
Mortgage rates inch above 5 percent MCLEAN, VA. — The average fixed-rate for a 30-year mortgage climbed above 5 percent for the first time in two months, leading to a decline in mortgage applications. (Wed, 13 Jan 2010 20:12:30 GMT)
Mortgage program part of the problem? The federal Making Home Affordable program, designed to save homeowners from foreclosure, may be doing more harm than good for borrowers and banks. (Wed, 13 Jan 2010 20:52:36 GMT)
Flint Township company Mac-Clair Mortgage Corp. named in Housing and Urban Development investigation FLINT TOWNSHIP, Michigan — A Flint Township mortgage corporation is one of 15 companies nationwide under investigation by the Housing and Urban Development department.Mac-Clair Mortgage Corporation was named Tuesday in an investigation of companies with significant claim rates against the... (Wed, 13 Jan 2010 20:53:44 GMT)
Colonial Freezes A$850 Million Mortgage Fund, Herald Says Jan. 14 (Bloomberg) -- Commonwealth Bank of Australia ’s Colonial First State halted redemptions from a A$850 million ($786 million) mortgage income fund as bad debts rose after borrowing costs increased, the Sydney Morning Herald said. (Wed, 13 Jan 2010 21:28:55 GMT)
Top 10 Tips to Help Avoid Foreclosure and Loan Modification Scams in 2010 New public education campaign helps homeowners find legitimate home foreclosure assistance and avoid loan modification scams (Wed, 13 Jan 2010 22:18:00 GMT)
China curbs mortgage commissions CHINA has told banks to stop paying real-estate agents for introducing mortgage customers, as it tries to slow a property boom. (Wed, 13 Jan 2010 22:35:25 GMT)
U.S. home refinancing demand soars first week of 2010 NEW YORK -- U.S. mortgage applications rose during the first week of 2010, reflecting a surge in demand for home refinancing loans as interest rates dropped, data from an industry group showed on Wedn... (Thu, 14 Jan 2010 01:41:19 GMT)
PIBA warns mortgage holders that lenders could increase interest rates ONE of the country’s largest insurance and mortgage industry representatives has warned consumers that a low European Central Bank (ECB) interest rate will provide no barrier to Irish-based lenders increasing their own rates. (Thu, 14 Jan 2010 01:57:37 GMT)
Rockville Bank Mortgage Acquires Family Choice Rockville Bank's mortgage subsidiary has acquired Family Choice Mortgage Corp., a mortgage lender licensed in Connecticut, Massachusetts and Rhode Island. (Thu, 14 Jan 2010 04:13:32 GMT)
FHA Subpoenas 15 Mortgage Companies, Including Waterbury-Based Webster Bank Federal housing officials have served subpoenas on 15 mortgage companies, including Waterbury-based Webster Bank, with suspiciously high default rates for loans backed by the Federal Housing Administration. (Thu, 14 Jan 2010 04:13:42 GMT)
Colonial Freezes $785 Million Mortgage Fund on Signs of Default Jan. 14 (Bloomberg) -- Colonial First State , Australia’s biggest asset manager, froze an A$850 million ($785 million) mortgage income fund to withdrawals after signs some of the commercial property loans may sour. (Thu, 14 Jan 2010 04:30:53 GMT)
Donovan excited about making Everton home debut Landon Donovan cannot wait for his Everton home debut on Saturday against high-flying Manchester City .
