Mortgage News Feb 2010

Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | 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 Next

Mortgage lending missing element
Under current Saudi mortgage lending practices, a notary public records a title deed that the property is subject to a mortgage. But notary publics are known to refuse to record those rahns, or pledges of property to secure a debt, if they have any concerns over the lender. (Mon, 15 Feb 2010 12:37:16 GMT)

MORTGAGE HELP: Local 6 Provides Free Legal Advice
Are you behind on your mortgage payments? Going through the loan modification process? Served with a foreclosure lawsuit? Local 6 has assembled a team of experts to answer your questions for free. (Mon, 15 Feb 2010 12:53:19 GMT)

SCIB aims to boost mortgage loans by Bt30 bn
Siam City Bank is offering more mortgage loan products as part of its drive to extend nearly Bt30 billion in home loans this year. (Mon, 15 Feb 2010 13:54:20 GMT)

Mortgage rates poised to jump as Fed cuts funds
The Federal Reserve is poised to turn off a major money spigot that has helped sustain the ailing real estate sector, as an extraordinary program under which the Fed has pumped $1.25 trillion into the mortgage market is slated to end March 31. "Housing has... Mortgage - Federal Reserve System - Real estate - Business - Financial Services (Mon, 15 Feb 2010 14:59:17 GMT)

U.K. Mortgage Issuers in $500 Billion Funding Gap, Moody’s Says
Feb. 15 (Bloomberg) -- British banks will struggle to refinance 319 billion pounds ($500 billion) of bonds backed by home loans as the government prepares to withdraw two aid programs, Moody’s Investors Service said. (Mon, 15 Feb 2010 15:32:34 GMT)

Coventry snap up Stead on loan from Ipswich after striker changes his mind
Coventry have signed striker Jon Stead on loan from Championship rivals Ipswich until the end of the season after a dramatic change of heart by the player. (Mon, 15 Feb 2010 15:45:18 GMT)

Newington council to hold hearing on refinancing bond issues
By SUSAN CORICA Correspondent (Mon, 15 Feb 2010 16:52:29 GMT)

U.S. borrowers turn to fixed-rate loans
WASHINGTON, Feb. 15 (UPI) -- Ninety-five percent of U.S. borrowers chose fixed-rate mortgages when refinancing in the fourth quarter, the Federal Home Loan Mortgage Corp. said Monday. (Mon, 15 Feb 2010 17:24:11 GMT)

Lending for first time home buyers to resume March 1st
Wisconsin's affordable housing agency will resume lending to first-time home buyers starting March 1st, after a 17-month suspension. (Mon, 15 Feb 2010 17:37:34 GMT)

FSA Bans Mortgage Broker For Incompetence, Mortgage Fraud
FSA Bans Mortgage Broker For Incompetence, Mortgage Fraud (Mon, 15 Feb 2010 18:09:17 GMT)

Arrested robber, 73, says he was paying off mortgage
A 73-year-old Florida man who was arrested for robbing three banks -- unarmed and taking $600 in each heist -- said he needed the money to pay his home mortgage, police said on Friday. (Mon, 15 Feb 2010 19:01:50 GMT)

Moody's Warns On U.K. Government Mortgage Support Withdrawal
Moody's Warns On U.K. Government Mortgage Support Withdrawal (Mon, 15 Feb 2010 20:09:19 GMT)

Arrested robber, 73, says he was paying off mortgage
A 73-year-old Florida man who was arrested for robbing three banks -- unarmed and taking $600 in each heist -- said he needed the money to pay his home mortgage, police said on Friday. Mortgage - Florida - United States - Robbery - Business (Mon, 15 Feb 2010 20:12:46 GMT)

FSA Bans Mortgage Broker For Incompetence, Mortgage Fraud
LONDON -(Dow Jones)- The Financial Services Authority, or FSA, said Monday it has banned Walthamstow mortgage broker Kevin Byrne for lacking the integrity and competence to prevent his business being... (Mon, 15 Feb 2010 20:25:05 GMT)

Will your mortgage trip up your taxes?
A mortgage broker offers some tips for your 2009 tax preparation. (Mon, 15 Feb 2010 20:57:12 GMT)

Fixed-Rate Mortgages Dominant Among Refinancing Homeowners
RISMEDIA, February 16, 2010—Freddie Mac recently announced that in the fourth quarter of 2009, refinancing borrowers overwhelmingly chose fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate, according to Freddie Mac’s quarterly Product… (Mon, 15 Feb 2010 21:04:03 GMT)

Moody's Warns On U.K. Government Mortgage Support Withdrawal
LONDON -(Dow Jones)- U.K. lenders face "a considerable funding challenge" as the government withdraws schemes that have been supporting bank borrowing and the U.K. mortgage market, Moody's Investors ... (Mon, 15 Feb 2010 22:51:51 GMT)

Flaherty to introduce new mortgage rules, sources say
Finance Minister Jim Flaherty will announce new mortgage rules Tuesday that would make it more difficult for first-time buyers to enter Canada's hot housing market, sources say. (Tue, 16 Feb 2010 00:20:45 GMT)

Avoid These Three Mistakes to Protect Your Miami Real Estate Home
Foreclosures are the dread of homeowners. But however fearsome they may be, they are far from preventable. You only need to avoid these three mistakes in order to effectively ensure that your own Miami real estate home will not succumb to foreclosure. (Tue, 16 Feb 2010 00:26:55 GMT)

Davis probes Sparks' large campaign loan
The Davis for Governor campaign Monday called on Agriculture Commissioner Ron Sparks to reveal the source of a $500,000 transfer to Sparks' gubernatorial campaign, one with Spark's says was a personal loan. (Tue, 16 Feb 2010 01:23:43 GMT)

New Horizons Habitat for Humanity to present keys for its first home built in Marshallville
New Horizons Habitat for Humanity celebrates the construction of its first home in Marshallville Wednesday at 319 South St. (Tue, 16 Feb 2010 01:25:36 GMT)

Flaherty to toughen mortgage rules
Finance Minister Jim Flaherty will announce new rules Tuesday aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise, CBC News has confirmed. (Tue, 16 Feb 2010 01:47:40 GMT)

'Extreme Makeover' home up for auction
The once million-dollar Arizona home made famous by "Extreme Makeover: Home Edition" is in the early stages of foreclosure, according to Maricopa County documents. (Tue, 16 Feb 2010 02:34:31 GMT)

Flaherty Said to Tighten Canadian Mortgage Rules (Update1)
Feb. 15 (Bloomberg) -- Canada’s Finance Minister Jim Flaherty will announce changes tomorrow to tighten rules in the country’s mortgage industry, according to two government officials familiar with the plan. (Tue, 16 Feb 2010 04:27:11 GMT)

USDA triples direct loan funds available for low income families buying homes
The local USDA Rural Development office is looking for very low and low-income families to qualify for a home loan. (Tue, 16 Feb 2010 05:45:58 GMT)

Flaherty to Tighten Canadian Mortgage Rules as Market Heats Up
Feb. 16 (Bloomberg) -- Canada’s Finance Minister Jim Flaherty today will tighten rules in the country’s mortgage industry, according to two government officials familiar with the plan, as record activity prompts talk of a housing bubble. (Tue, 16 Feb 2010 06:22:44 GMT)

Obama to announce loan guarantee for nuclear plant
At job training center, Obama to announce loan guarantee to build 1st nuclear plant in decades (Tue, 16 Feb 2010 07:54:03 GMT)

Obama to Announce Loan Guarantee for Nuclear Plant
At job training center, Obama to announce loan guarantee to build 1st nuclear plant in decades Barack Obama - United States - Energy - Nuclear - Nuclear power (Tue, 16 Feb 2010 08:16:21 GMT)

State investigating five mortgage modification firms
Four of the operations examined are in South Florida The Florida Attorney General's Office has opened five new investigations this year, with four centered in South Florida, involving foreclosure rescue and mortgage modification companies, a key enforcement concern for regulators. (Tue, 16 Feb 2010 10:55:39 GMT)

For Ex-Mortgage Brokers, Bitterness And Renewal
Since the housing market crash, two-thirds of registered mortgage brokers have lost their jobs. Now in new career fields, two former brokers look back on their role in the mortgage and foreclosure crisis with a mix of regret and resentment. (Tue, 16 Feb 2010 11:13:33 GMT)

Will home loan rates ever be transparent?
Your guess is as good as mine. Unless something changes dramatically, the expectation that loan interest rates will be fixed in a more transparent manner, is likely to take a long time to realise. (Tue, 16 Feb 2010 11:26:14 GMT)

Mortgage insurer PMI Group posts wider Q4 loss
Mortgage insurer PMI Group Inc reported a wider quarterly loss, as its U.S. unit continued to post disappointing results. (Tue, 16 Feb 2010 11:28:38 GMT)

Obama to announce loan guarantee for nuclear plant
President Barack Obama is highlighting a new investment in energy jobs with an announcement that the government will guarantee more than $8 billion in loans needed to build the first U.S. nuclear power plant in nearly three decades. (Tue, 16 Feb 2010 11:50:45 GMT)

EARNINGS PREVIEW: SHB 4Q Net Profit Seen -50% On Loan Losses
EARNINGS PREVIEW: SHB 4Q Net Profit Seen -50% On Loan Losses (Tue, 16 Feb 2010 11:54:27 GMT)

Mortgage insurer PMI posts wider-than-expected Q4 loss
Mortgage insurer PMI Group Inc reported a much wider-than-expected quarterly loss, as its U.S. unit continued to post disappointing results, sending its shares down 5 percent before the bell. (Tue, 16 Feb 2010 12:05:55 GMT)

Flaherty sets stricter mortgage rules
Toronto and Ottawa — Finance Minister Jim Flaherty is tightening up the country's mortgage rules in a bid to stop borrowers from taking on potentially crippling debt loads. (Tue, 16 Feb 2010 12:16:15 GMT)

Ottawa set to toughen mortgage rules
Canada’s Finance Minister Jim Flaherty this morning will tighten rules in the country’s mortgage industry, according to two government officials familiar with the plan, as record activity prompts talk of a housing bubble (Tue, 16 Feb 2010 12:38:17 GMT)

Flaherty to bring in tougher mortgage rules
Finance Minister Jim Flaherty is expected to announce new mortgage rules Tuesday, acting to ensure that prospective homeowners are not vulnerable to rising interest rates and onerous debt levels. (Tue, 16 Feb 2010 13:04:41 GMT)

Canada to make three changes to mortgage rules
Canada is implementing three changes to mortgage rules that will help protect the housing market, Finance Minister Jim Flaherty said on Tuesday. (Tue, 16 Feb 2010 13:33:30 GMT)

Flaherty tightens mortgage rules
Amid warnings about Canadian household debt levels and a possible housing bubble, Finance Minister Jim Flaherty said Tuesday the federal government would make it tougher for people to get a mortgage. (Tue, 16 Feb 2010 13:48:19 GMT)

Ottawa set to toughen mortgage rules
OTTAWA -- Canada's Finance Minister Jim Flaherty this morning will tighten rules in the country's mortgage industry, according to two government officials familiar with the plan, as record activity pr... (Tue, 16 Feb 2010 14:37:21 GMT)

Canada tightens mortgage rules, says no bubble yet
Canada will bring in new mortgage rules to cool the country's red-hot housing sector, citing the need to prevent a property price bubble even as it gave assurances the market is stable. (Tue, 16 Feb 2010 14:51:00 GMT)

Obama announces loan guarantees for nuke plant
President Barack Obama is making roughly $8 billion in federal loan guarantees available to help build the first U.S. nuclear power plant in three decades. (Tue, 16 Feb 2010 16:14:30 GMT)

Ottawa to toughen mortgage rules
OTTAWA -- Amid warnings about "reckless" housing speculation and overextended homebuyers, Finance Minister Jim Flaherty said Tuesday the federal government would make it tougher for people t... (Tue, 16 Feb 2010 17:34:06 GMT)

Govt targets speculators with tighter mortgage rules
Finance Minister Jim Flaherty on Tuesday announced tighter mortgage rules to curb real estate speculation that is fueling record sales and could lead to a housing bubble. (Tue, 16 Feb 2010 17:34:57 GMT)

Federal stimulus dollars boost rural home loan program
Amber Young is grateful for a government loan program for homes in rural areas. (Tue, 16 Feb 2010 17:43:45 GMT)

Cleaning up toxic mortgage assets a slow task
With $45bn of investments in securities backed by US mortgages - or nearly a quarter of the insurance group's total assets - it is no overstatement to say that MetLife is a heavyweight in the mortgage market. (Tue, 16 Feb 2010 17:50:23 GMT)

Seattle Federal Home Loan Bank goes after Wall Street
Top of the News: Americans have waited in vain for prosecutions of the banksters for helping cause the Great Recession through their swindles, ooops, risky bets on exotic securities and derivatives. Now some simple justice may come from lawsuits filed by the Federal Home Loan Bank of Seattle. (Tue, 16 Feb 2010 17:52:14 GMT)

Canada tightens mortgage lending rules
Canada is tightening mortgage lending rules as historic low rates are raising fears of a potential housing bubble, the country's finance minister said Tuesday. (Tue, 16 Feb 2010 18:09:59 GMT)

Loan: Manju Srivatsa
Can I take home loan partly from a relative and partly from a bank? If yes, how do I go about it? How do I claim deduction in such a scenario? No, you cannot take a loan from two entities for the same property, unless one of the lending entities is willing to accept a second charge on the property. (Tue, 16 Feb 2010 18:34:55 GMT)

Flaherty Tightens Mortgage Rules Amid Bubble Talk (Update2)
Feb. 16 (Bloomberg) -- Canada’s Finance Minister Jim Flaherty today tightened rules in the country’s mortgage industry to ensure buyers can afford their homes when interest rates rise. (Tue, 16 Feb 2010 18:49:21 GMT)

Mortgage Rates Decline; Current 30-Year Fixed Rate of 4.79% is at Lowest Level This Year, According to Zillow Mortgage ...
The thirty-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.79 percent, down two basis points from 4.81 percent at this time last week, and at the lowest level since mid-December of last year. (Tue, 16 Feb 2010 19:35:00 GMT)

Gateway Tower owner gets refinancing
Sovereign Partners LLC, the New York owner of the Gateway Tower building in downtown St. Louis, has obtained a $10.75 million refinancing. (Tue, 16 Feb 2010 19:57:06 GMT)

Mortgage Fraud Causes Losses For Institutions -Regulatory Group
Mortgage Fraud Causes Losses For Institutions -Regulatory Group (Tue, 16 Feb 2010 20:09:17 GMT)

Obama touts nuclear loan guarantee as just a start
Promising "this is only the beginning," President Barack Obama announced more than $8 billion in federal loan guarantees Tuesday for the construction of the first nuclear power plant in the United States in nearly three decades. (Tue, 16 Feb 2010 20:17:20 GMT)

Tightened mortgage rules could slow home sales
Finance Minister Jim Flaherty tightened mortgage rules on Tuesday and, in doing so, may have taken the steam out of a housing market that had seen prices and sales activity rise rapidly over the last year. (Tue, 16 Feb 2010 20:18:19 GMT)

Flaherty Tightens Mortgage Rules Amid Bubble Talk (Update3)
Feb. 16 (Bloomberg) -- Canada’s Finance Minister Jim Flaherty tightened rules in the country’s mortgage industry to ensure buyers can afford their homes when interest rates rise. (Tue, 16 Feb 2010 20:32:54 GMT)

Canada tightens mortgage rules, says no bubble yet
Canada will bring in new mortgage rules to cool the country's red-hot housing sector, citing the need to prevent a property price bubble even as it gave assurances the market is stable. (Tue, 16 Feb 2010 20:38:32 GMT)

Obama announces $8B in loan guarantees for nuclear power plant
Promising "this is only the beginning," President Obama announced more than $8 billion in federal loan guarantees Tuesday for the construction of the first nuclear power plant in the United States in nearly three decades. (Tue, 16 Feb 2010 20:43:24 GMT)

Mortgage delinquencies tick higher in 4th-qtr 2009
The percentage of homeowners late with mortgage payments hit another record during the last three months of 2009, and the pace at which they fell behind took a turn for the worse, a new report says. (Tue, 16 Feb 2010 20:57:29 GMT)

Flaherty Tightens Mortgage Rules Amid Bubble Talk (Update4)
Feb. 16 (Bloomberg) -- Canada’s Finance Minister Jim Flaherty tightened rules in the country’s mortgage industry to ensure buyers can afford their homes when interest rates rise. (Tue, 16 Feb 2010 22:04:16 GMT)

Canada tightens mortgage rules, says no bubble yet
Canada will bring in new mortgage rules to cool the country's red-hot housing sector, citing the need to prevent a property price bubble even as it gives assurances the market is stable. (Tue, 16 Feb 2010 22:54:48 GMT)

Fannie Mae Mortgage-Bond Yield Spreads Fall to Lowest on Record
Feb. 16 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries in at least 25 years before retracing the move. (Tue, 16 Feb 2010 23:16:00 GMT)

S&P sees UK mortgage defaults down 
Expectations for defaults and losses in residential mortgage-backed securities continue to rise sharply in the United States, while tailing off in Britain, even as its economy has been slower to recover, a survey found. (Wed, 17 Feb 2010 00:38:00 GMT)

Home loan options plunge
THE choice of mortgage products in the market has plunged to a record low, with analysts saying most foreign lenders are no longer interested in lending. There is now a choice of just 179 mortgages, compared with 380 in early 2008, a fall of 53%. (Wed, 17 Feb 2010 01:06:04 GMT)

Obama approves loan for nuke project
US President Barack Obama is making roughly $A9b in federal loan guarantees available for the first new US nuclear power plant in nearly 30 years. (Wed, 17 Feb 2010 03:54:38 GMT)

Mortgage changes make sense: experts
Industry experts say new rules governing mortgages might ease the overheated Ottawa market a bit but won’t hinder most people from buying a home. (Wed, 17 Feb 2010 04:18:19 GMT)

Reitz Home tours feature special exhibit in kitchen
EVANSVILLE —The Reitz Home is open for tours from 11 a.m. to 3:30 p.m. Tuesdays through Saturdays and from 1 to 3:30 p.m. on Sundays. The last tour each day begins at 2:30 p.m. Through Feb. 28, an exhibit of Uhl pottery on loan from Les Bain, a North High School media specialist, is on exhibit in the kitchen of the Reitz Home.— John Lucas (Wed, 17 Feb 2010 06:19:00 GMT)

Gateway Tower gets refinancing
Sovereign Partners LLC, the New York owner of the Gateway Tower in downtown St. Louis, has obtained a $10.75 million refinancing for the almost fully occupied office building. (Wed, 17 Feb 2010 06:42:47 GMT)

Federal stimulus dollars boost rural home loan program
Amber Young is grateful for a government loan program for homes in rural areas. (Wed, 17 Feb 2010 08:30:26 GMT)

Tightened mortgage rules could slow home sales
Finance Minister Jim Flaherty tightened mortgage rules on Tuesday and, in doing so, may have taken the steam out of a housing market that had seen prices and sales activity rise rapidly over the last year. (Wed, 17 Feb 2010 09:04:04 GMT)

How credit scores impact your mortgage rate
A low credit score results in a high mortgage rate, which adds up to a ton of money over time. (Wed, 17 Feb 2010 11:00:00 GMT)

Flaherty moves to cool mortgage boom
OTTAWA, and TORONTO and TORONTO -- Many Canadians will be forced to scale down their real-estate ambitions under new mortgage rules that aim to both keep people from taking on too much debt and rein in speculators, all without knee-capping an industry that has been a major driver of the recovery. (Wed, 17 Feb 2010 11:16:15 GMT)

Tighter Mortgage Rules May Lower Bond Yields: Canada Credit
Feb. 17 (Bloomberg) -- Canada’s decision to tighten mortgage requirements may ease pressure on the central bank to raise interest rates to slow gains in housing prices, said David Rosenberg , chief economist at Gluskin Sheff & Associates Inc. (Wed, 17 Feb 2010 12:14:02 GMT)

Mortgage applications fell 2.1% last week: MBA
The volume of mortgage applications filed last week dropped a seasonally adjusted 2.1%, compared with the previous week, the Mortgage Bankers Association reported on Wednesday. (Wed, 17 Feb 2010 12:16:00 GMT)

U.S. MBA Mortgage Applications Index Decreased 2.1% Last Week
Feb. 17 (Bloomberg) -- Mortgage applications in the U.S. fell last week as demand for loans to purchase homes and refinance declined. The Mortgage Bankers Association’s index dropped 2.1 percent in the week ended Feb. 12. The group’s purchase gauge decreased 4 percent, while the refinancing measure fell 1.2 percent. (Wed, 17 Feb 2010 12:40:11 GMT)

Rise in home price index won't last, report says
Are home prices on the uptick? Not for long, according to Standard & Poor’s. Short sales and home loan modifications have just delayed inevitable foreclosures, the rating agency said in a report yesterday. Once borrowers "default again, the (bank) is... (Wed, 17 Feb 2010 12:43:08 GMT)

Obama touts nuclear loan guarantee as just a start
LANHAM, MD. — Promising "this is only the beginning," President Barack Obama announced more than $8 billion in federal loan guarantees Tuesday for the construction of the first nuclear power plant in the United States in nearly three decades. (Wed, 17 Feb 2010 12:45:07 GMT)

Mortgage Applications Fell in Latest Week -MBA
The Mortgage Bankers Association said home mortgage applications fell last week despite interest rates at a near record low. (Wed, 17 Feb 2010 13:23:57 GMT)

Don't worry, home loan rules can still be bent
The good news or bad news, depending on your perspective, is you can still buy a home in Canada with almost no money. Really, you say? If you have a job with steady income, you need about $16,000... (Wed, 17 Feb 2010 14:08:42 GMT)

Signs of a Reckoning for Mortgage Debt
When it comes to bad mortgage debt, it appears that a reckoning is finally afoot. (Wed, 17 Feb 2010 14:30:55 GMT)

Changes to mortgage rules reinforce existing practices, industry says
Changes to mortgage regulations will not have a significant impact on homebuyers, but will reinforce prudent principles already being practiced by many financial advisors and mortgage brokers, financial industry firms and associations said on Tuesday. (Wed, 17 Feb 2010 14:48:21 GMT)

Robins loan striker leaves for Costa Rica
Saborio heads home. (©PAphotos) Alvaro Saborio has returned to Costa Rica after his loan agreement with Bristol City was ended by mutual consent along with his contract at parent club FC Sion. (Wed, 17 Feb 2010 15:52:15 GMT)

Video: What Happens When Fed Exits Mortgage Market?
The central bank is helping to keep rates low and fund loans for home buyers and refinancers, but in March it plans to end its support. Greg McBride at Bankrate.com says buyers still have some time, but if you're eager to refinance, get going. MarketWatch's Andrea Coombes reports. (Wed, 17 Feb 2010 18:08:05 GMT)

The Fed: Fed should sell mortgage-backed bonds: Plosser
The Federal Reserve should begin to sell off its stockpile of mortgage-backed securities as soon as the recovery gains strength, Philadelphia Fed President Charles Plosser says. (Wed, 17 Feb 2010 18:30:40 GMT)

Hope for Homeowners Refinance Program Launched Nationwide by Banker's Portfolio, LLC
IRVINE, Calif.----After multiple revisions and dismal closings, the Hope for Homeowners program has a new life. Banker’s Portfolio, LLC has secured a forward commitment for the purchase of the H4H securities and is rolling out the H4H product to existing mortgage investors, loan servicers and asset managers as an alternative to foreclosure. (Wed, 17 Feb 2010 19:17:00 GMT)

Mortgage rates decline overall, up in Washington
The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.79 percent, down two basis points from 4.81 percent at this time last week, and at the lowest level since mid-December.However, in Washington the rate for a 30-year fixed mortgage was up 10 basis points, from 4.76 percent to 4.86 percent. ... (Wed, 17 Feb 2010 19:19:52 GMT)

Gov't mortgage plan aids 12 percent of borrowers
The government's mortgage relief plan has helped about 12 percent of borrowers who signed up since President Barack Obama announced the program a year ago. (Wed, 17 Feb 2010 20:00:16 GMT)

Gov't Mortgage Plan Aids 12 Percent of Borrowers
Obama mortgage plan provides assistance to just 12 percent of borrowers who signed up Mortgage - Business - Financial Services - United States - Loan (Wed, 17 Feb 2010 20:16:49 GMT)

Gov't mortgage plan aids 12 percent of borrowers
The government's mortgage relief plan has helped about 12 percent of borrowers who signed up since President Barack Obama announced the program a year ago. The Treasury Department says that as of last month, about 116,000 homeowners had completed the... Mortgage - Barack Obama - United States Department of the Treasury - United States - Government (Wed, 17 Feb 2010 20:44:59 GMT)

Mortgage Modifications Rise as U.S. Treasury Program Takes Hold
Feb. 17 (Bloomberg) -- Mortgage modifications made permanent last month under President Barack Obama’s foreclosure prevention initiative exceeded the pace of trial plans started for the first time as the aid to homeowners began to take hold. (Wed, 17 Feb 2010 21:02:38 GMT)

Mortgage Rates Decline; Current 30-Year Fixed Rate at Lowest Level This Year
RISMEDIA, February 18, 2010—The thirty-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.79%, down two basis points from 4.81% at this time last week, and at the lowest level since mid-December of last year. The 30-year fixed mortgage… (Wed, 17 Feb 2010 21:19:03 GMT)

Mortgage rates on 30-year loans fall to 4.98 percent
Mortgage rates in the U.S. fell for a fourth week as lenders and the Federal Reserve sought to support home financing amid signs a housing rebound is stalling. (Wed, 17 Feb 2010 21:33:57 GMT)

Mortgage Modifications Rise as U.S. Treasury Program Takes Hold
Feb. 17 (Bloomberg) -- Mortgage modifications made permanent last month under President Barack Obama’s foreclosure prevention initiative exceeded the pace of trial plans started for the first time as the aid to homeowners began to take hold. (Wed, 17 Feb 2010 21:42:15 GMT)

Don't worry, home loan rules can still be bent
The good news or bad news, depending on your perspective, is you can still buy a home in Canada with almost no money. Really, you say? If you have a job with steady income, you need about $16,000... (Wed, 17 Feb 2010 21:44:11 GMT)

Mortgage Modifications Rise as U.S. Program Grows (Update1)
Feb. 17 (Bloomberg) -- Mortgage modifications made permanent last month under President Barack Obama’s foreclosure prevention initiative exceeded for the first time the pace of trial plans started as aid to homeowners began to take hold. (Wed, 17 Feb 2010 21:52:29 GMT)

Gov't mortgage plan aids 12 percent of borrowers
The government's mortgage relief plan has helped only about 12 percent of borrowers who signed up since President Barack Obama announced the program a year ago. (Wed, 17 Feb 2010 22:32:53 GMT)

Changes to mortgage rules reinforce existing practices, industry says
Changes to mortgage regulations will not have a significant impact on homebuyers, but will reinforce prudent principles already being practiced by many financial advisors and mortgage brokers, financial industry firms and associations said on Tuesday. (Wed, 17 Feb 2010 22:48:21 GMT)

Mortgage modifications
Permanent mortgage modifications made under the government's program and share of trial modifications that resulted in permanent modifications: (Thu, 18 Feb 2010 01:56:56 GMT)

Federal mortgage plan has aided only 12% of borrowers
The government's mortgage relief plan has helped only about 12 percent of borrowers who signed up since President Barack... (Thu, 18 Feb 2010 04:00:29 GMT)

Chicago-area loan modifications increase
But proof of income requirement is expected to dramatically undercut permanent conversions Almost 5,400 troubled homeowners in the Chicago area have received permanent mortgage loan modifications, as the federal government continued to pressure loan servicers to step up the conversion process. (Thu, 18 Feb 2010 04:05:06 GMT)

'Not big' impact expected from mortgage rules
New mortgage rules announced Tuesday by Federal Finance Minister Jim Flaherty shouldn’t have a big impact on the local housing market, say several people who make their living in the industry. (Thu, 18 Feb 2010 04:43:36 GMT)

Chat @ 4: With Apnapaisa.com CEO on Budget, home loans
Will there be a hike in home loan rates after the Budget is tabled? (Thu, 18 Feb 2010 04:56:10 GMT)

Special Report: Lock in that low mortgage rate
Mortgage interest rates have hit record lows in the last few years, hitting around 4%. That number has some people looking to buy a new home, or refinancing their current home. (Thu, 18 Feb 2010 05:04:29 GMT)

Experts disagree on success of government’s mortgage-relief program
The government’s mortgage-relief plan has helped only about 12 percent of borrowers who signed up since President Barack Obama announced the program a year ago. The Treasury Department said yesterday that as of last month, about 116,000 homeowners had completed the application process and had their loan payments reduced permanently. That compares with more than 1 million homeowners who started ... (Thu, 18 Feb 2010 05:10:52 GMT)

Late 4th quarter mortgage payments higher in Virginia in 2009 than in 2008
The percentage of homeowners late with mortgage payments in Virginia rose during the last three months of 2009 compared with same quarter in 2008. In Virginia, 5.02 percent of mortgage payments were 60 days or more delinquent in the fourth quarter, up from 3.44 percent in the same period a year ago, according to credit-reporting agency TransUnion. (Thu, 18 Feb 2010 05:11:02 GMT)

Mortgage-scam leader fined $70,000, loses license
The leader of a mortgage-fraud scam that kicked back $8 million to brokers and buyers has permanently lost his real-estate license and has been fined $70,000. (Thu, 18 Feb 2010 08:14:13 GMT)

Federal stimulus dollars boost rural home loan program
Amber Young is grateful for a government loan program for homes in rural areas. (Thu, 18 Feb 2010 08:15:50 GMT)

UK mortgage lending at 10-year low in January
Mortgage lending in the United Kingdom hit a 10-year low in January, following an unusual surge in December as buyers sought to beat a new-year tax increase, the Council of Mortgage Lenders said Thursday. (Thu, 18 Feb 2010 09:56:43 GMT)

Mortgage lending dives as stamp duty holiday ends
Mortgage lending dived to a 10-year low during January as the housing market suffered a lull following the end of the Government's stamp duty holiday, figures showed today. (Thu, 18 Feb 2010 10:04:24 GMT)

Argyle Aim To Extend Stockdale Loan
Plymouth Argyle are aiming to extend the loan spell of Fulham goalkeeper David Stockdale at Home Park. (Thu, 18 Feb 2010 10:52:09 GMT)

Mortgage rates drop to 2010 low
Looking for a mortgage? You need to act now, experts say, because rates may rise soon. (Thu, 18 Feb 2010 11:00:00 GMT)

American Residential Law Group Announces New Tools for Homeowners in the Form of Home Loan Modifications
American Residential Law Group has today announced the deployment of new tools for homeowners, which enable them to remain in their current home, with dramatically reduced mortgage payments. (Thu, 18 Feb 2010 11:00:00 GMT)

View chat with Harsh Roongta on home loan rates
Will there be a hike in home loan rates after the Budget is tabled? (Thu, 18 Feb 2010 11:56:10 GMT)

Mortgage lending slumps to 10-year low as stamp duty holiday ends
Total mortgage advances dived by 32 per cent to £9.1 billion during the month, the lowest level since February 2000, according to the Council of Mortgage Lenders. (Thu, 18 Feb 2010 12:03:51 GMT)

Mortgage eligibility changes unlikely to impact most local buyers: broker
Mortgage qualification rule changes announced by federal Finance Minister Jim Flaherty on Tuesday won't have much of an effect on most home buyers, the president-elect of the local real estate association says.[...] (Thu, 18 Feb 2010 12:05:44 GMT)

Charlton to sign Jackson on loan
Charlton Athletic are set to complete the signing of Notts County midfielder Johnnie Jackson on a month's loan. (Thu, 18 Feb 2010 12:17:27 GMT)

Don't worry, home loan rules can still be bent
The good news or bad news, depending on your perspective, is you can still buy a home in Canada with almost no money. Really, you say? If you have a job with steady income, you need about $16,000... (Thu, 18 Feb 2010 12:23:22 GMT)

Mortgage lending falls to 10-year low
Mortgage lending has suffered a 10-year low in January, a 32% fall from December. Photograph: Christopher Thomond Mortgage lending fell to a 10-year low in January, figures from the Council of Mortg... (Thu, 18 Feb 2010 12:29:38 GMT)

Mortgage modifications slow to fight foreclosure - Thu, 18 Feb 2010 PST
WASHINGTON – Experts fear a new wave of foreclosures will hit this year as prolonged unemployment makes it difficult for millions of homeowners to pay their mortgages – and many of them aren’t likely to get much help from a federal program aimed at keeping them in their houses. Banks participating in the Home Affordable Mortgage Program, announced a year ago this week by President Barack Obama ... (Thu, 18 Feb 2010 12:31:18 GMT)

WATCH: Modifying Your Home Loan
Getting answers on a sometimes frustrating program for "underwater" homeowners. Mortgage - Scuba Diving - Underwater Photography - Recreation - Outdoors (Thu, 18 Feb 2010 13:59:23 GMT)

Essent Guaranty, Inc. Approved by Fannie Mae and Freddie Mac as Qualified Mortgage Insurance Company
Essent Guaranty, Inc. , a mortgage insurer founded to provide private capital to America's housing finance system, today announced that it has been approved as a qualified mortgage insurer by Fannie Mae and Freddie Mac. (Thu, 18 Feb 2010 14:00:00 GMT)

California Tops Mortgage Fraud Risk Index for Q4/09
AGOURA HILLS, Calif.----Interthinx® has released its quarterly Mortgage Fraud Risk Report, covering data collected during the fourth quarter of 2009. The report includes an analysis of national mortgage fraud and indices for the four most common types of mortgage fraud. (Thu, 18 Feb 2010 14:00:00 GMT)

Mortgage relief program aids few
WASHINGTON (AP) -- The government's mortgage relief plan has helped only about 12% of borrowers who signed up since President Barack Obama announced the program a year ago. (Thu, 18 Feb 2010 14:21:10 GMT)

Mortgage rates fall to 4.93%
Fed Reserve mortgage-backed securities help. (Thu, 18 Feb 2010 15:17:40 GMT)

Freddie Mac: 30-year Mortgage Rate Hover Below 5%
Freddie Mac: 30-year Mortgage Rate Hover Below 5% (Thu, 18 Feb 2010 15:24:57 GMT)

Mortgage eligibility changes unlikely to impact most local buyers: broker
Mortgage qualification rule changes announced by federal Finance Minister Jim Flaherty on Tuesday won't have much of an effect on most home buyers, the president-elect of the local real estate association says.[...] (Thu, 18 Feb 2010 16:06:54 GMT)

Mortgage Rates on 30-Year U.S. Loans Fall to 4.93% (Update2)
Feb. 18 (Bloomberg) -- U.S. mortgage rates fell to a two- month low, spurred by a Federal Reserve program to support home sales by lower borrowing costs. (Thu, 18 Feb 2010 16:08:17 GMT)

Sonesta Announces Mortgage Refinancing
BOSTON -- Sonesta International Hotels Corporation reported today that it has refinanced the mortgage loan on its Royal Sonesta Hotel Boston. A $32 Million loan from RBS Citizens National Association replaced a loan of approximately the same amount that was due to mature in July 2010. (Thu, 18 Feb 2010 16:13:06 GMT)

Mortgages: 30-year fixed-rate mortgage falls farther below 5%
Mortgage rates fall again this week, with the 30-year fixed-rate mortgage dropping to an average 4.93%, according to Freddie Mac’s weekly survey of conforming rates. (Thu, 18 Feb 2010 16:30:40 GMT)

Mortgage rates fall further below 5%
Dow Jones Newswires | Mortgage rates fell this week, with shorter-term loans posting the biggest declines and the average rate on 30-year fixed-rate mortgages retreating further below 5 percent, according to Freddie Mac's weekly survey of mortgage rates. (Thu, 18 Feb 2010 16:34:55 GMT)

Home loan 'guerrilla' group to bring counselors for struggling owners
A company that uses guerrilla tactics against the nation’s home-loan giants is bringing first-aid to southern Florida’s struggling borrowers.Beginning next week, the Neighborhood Assistance Corporation of America, or NACA, will conduct free around-the-clock sessions at the Palm Beach County Convention Center to help homeowners reduce unaffordable mortgage payments.The NACA is offering several ... (Thu, 18 Feb 2010 17:10:00 GMT)

Mortgage rates drop to 2010 low
Mortgage rates are close to a record low, and probably won't stay there much longer. Experts say it's time to get a loan now, or end up with a higher rate later. (Thu, 18 Feb 2010 17:27:00 GMT)

Home mortgage rates down slightly
WASHINGTON, Feb. 18 (UPI) -- Average interest rates for 30-year fixed-rate mortgages held below 5 percent in the week ending Feb. 18, the Federal Home Loan Mortgage Corp. said Thursday. (Thu, 18 Feb 2010 17:29:07 GMT)

RCMP expects surge in mortgage scams
An RCMP investigator is warning banks and brokers to be on the lookout for fraudsters trying to make a quick buck before new mortgage rules take effect in April. (Thu, 18 Feb 2010 19:23:38 GMT)

Essent CEO Says Timing Is ‘Very Good’ to Start Mortgage Insurer
Feb. 18 (Bloomberg) -- Essent Group Ltd. , the mortgage guarantor backed by JPMorgan Chase & Co. and Goldman Sachs Group Inc. , will capitalize on a housing-market rebound and tighter standards instituted by money-losing rivals, said Mark Casale , the insurer’s chief executive officer. (Thu, 18 Feb 2010 20:37:35 GMT)

Five sentenced in mortgage fraud
Two Huntington Beach residents were sentenced to federal prison Wednesday for involvement in a $13-million mortgage fraud case that targeted homeowners in default. (Thu, 18 Feb 2010 20:55:32 GMT)

Mortgage fraud: Bloomberg, nonprofit try to raise awareness
They pose as experts, guaranteeing they can stop a home foreclosure. They may promise they can get you to the head of the line, leapfrogging over the thousands of other people trying to renegotiate their mortgage with the bank. But most of all, they want money upfront. (Thu, 18 Feb 2010 22:25:11 GMT)

If you want rate below 6 percent, move now
If you are looking to refinance your mortgage with a rate below 6 percent for a 30-year fixed rate product, you might want to get off the fence. Last week, the Federal Reserve reiterated its plan to wind down its purchasing of mortgage-backed securities by the end of March. The Fed has about $175 billion [...] (Thu, 18 Feb 2010 22:49:23 GMT)

Mortgage fraud: Bloomberg, nonprofit try to raise awareness
New York Mayor Bloomberg and NeighborWorks rolled out a ‘Loan Modification Scam Alert’ on Thursday. The goal: to prevent yet more homeowners from falling victim to mortgage fraud. (Thu, 18 Feb 2010 22:53:22 GMT)

Five sentenced in mortgage fraud
Two Huntington Beach residents were sentenced to federal prison Wednesday for involvement in a $13-million mortgage fraud case that targeted homeowners in default. (Fri, 19 Feb 2010 00:55:31 GMT)

Loan-modification companies ordered to close
As part of an operation targeting more than 600 home loan-modification companies statewide, five South Florida companies were ordered to stop doing business Thursday. (Fri, 19 Feb 2010 01:31:09 GMT)

eTown's new Boulder home is one step closer
The Boulder public radio program eTown announced Thursday that it will get a $2 million loan from Public Radio Capital to renovate its new home. (Fri, 19 Feb 2010 01:34:57 GMT)

Robinho scores twice as Santos win 6-3 at home
Robinho scored twice as Santos beat Bragantino 6-3 on Thursday in his first home match since returning on loan from Manchester City. (Fri, 19 Feb 2010 02:02:05 GMT)

Government mortgage plan aids 12 percent of borrowers
WASHINGTON — The government's mortgage relief plan has helped only about 12 percent of borrowers who signed up since President Barack Obama announced the program a year ago. (Fri, 19 Feb 2010 03:15:21 GMT)

Streator Home Building & Loan Association receives 5 stars
Streator Home Building and Loan Association accepted a 5-Star Superior rating from BauerFinancial. The 5-Star rating is based on the overall financial condition of the bank. The 5-Star rating is the highest rating attainable from BauerFinancial, the nation's bank (Fri, 19 Feb 2010 04:41:23 GMT)

Credit scores impact your mortgage rate
Interest paid on a mortgage can add up to hundreds of thousands of dollars over the life of the loan. The most influential determinant of your mortgage rate will be your credit score. The higher your score, the lower the interest rate. On a loan as large as a mortgage, a mere percentage point up or down can add up to a significant amount of money. (Fri, 19 Feb 2010 06:55:58 GMT)

Federal stimulus dollars boost rural home loan program
Amber Young is grateful for a government loan program for homes in rural areas. (Fri, 19 Feb 2010 08:04:48 GMT)

ETown gets loan to remodel new quarters.
Boulder public radio program eTown announced Thursday that it will get a $2 million loan from Public Radio Capital to renovate its new home. (Fri, 19 Feb 2010 08:12:50 GMT)

Mortgage rates near record lows
Home mortgage rates fell for the second straight week, hovering near record lows, mortgage giant Freddie Mac said Thursday.The average 30-year, fixed-rate mortgage slid to 4.93 percent from 4.97 percent last week. The record low is 4.71.The average 15-year, fixed-rate mortgage dipped to 4.33 percent from 4.34 percent.Five-year, adjustable-rate mortgages dropped to an average 4.12 percent from 4 ... (Fri, 19 Feb 2010 10:01:42 GMT)

Previous 1 2 3 4 5 6 Next

---

Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | 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

online health insurance | realtor | vehicle donation information | long term elder care | pet loss site | skin care | find alternative medicine | here | gift | nightlife guide | online loan finder | cars | real estate builder | wedding service directory | cool UK site | click here | directory of realtors | security home | plastic surgery site | Bankruptcy Guide | accounting site | buy insurance | addiction treatment centers | mortgages | car rental site