Mortgage News Mar 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 7 Next
Mortgage rates fall below 5 percent
Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out. The average rate on a 30-year fixed rate mortgage was 4.97 percent this week, down from 5.05 percent a week... Mortgage - Fixed rate mortgage - Business - Financial services - Tax rate (Thu, 04 Mar 2010 22:30:59 GMT)
Mortgage Rates Fall Below 5 Percent
Freddie Mac: Rates on 30-year fixed mortgages dip below 5 percent, remain near record lows Mortgage - Freddie Mac - Business - United States - Financial Services (Thu, 04 Mar 2010 22:31:21 GMT)
AIG Settles U.S. Claims of Black Mortgage Fee Bias (Update2)
March 4 (Bloomberg) -- AIG Federal Savings Bank and Wilmington Finance Inc. settled U.S. Justice Department claims that they broke the law by allowing wholesale mortgage brokers to charge higher direct broker fees to black borrowers. (Thu, 04 Mar 2010 22:52:28 GMT)
Giant bank, giant struggle in providing mortgage help
Foreclosure-assistance pipeline clogged for Bank of America, other lenders Two years after swallowing the troubled mortgage giant Countrywide Financial, Bank of America trails other major U.S. lenders in resolving troubled home loans through short sales or modified loan terms. (Fri, 05 Mar 2010 04:05:55 GMT)
ICICI Bank Gains in Mumbai After Ending Fixed-Rate Home Loan
March 5 (Bloomberg) -- ICICI Bank Ltd. gained as much as 1.2 percent in Mumbai trading after saying it ended a two-year fixed-rate home loan program for customers from March 1. The lender will also raise rates for automobile loans by as much as half a percentage point. (Fri, 05 Mar 2010 04:06:28 GMT)
Relief for Buffalo family fed up by federal loan program
A Buffalo family who spent nearly a year fighting for a loan modification through the government's "Making Homes Affordable" program, just learned they can afford to stay in their home. (Fri, 05 Mar 2010 05:06:48 GMT)
Home Front: Sacramento-area mortgage loan gone wrong is one of thousands
Herbert Salguero is just one homeowner among thousands starting to realize that most problem mortgages may not be modified after all. (Fri, 05 Mar 2010 06:38:44 GMT)
Mortgage rates on 30-year U.S. loans fall to 4.97 percent
U.S. mortgage rates declined, lowering borrowing costs as the housing market's recovery shows signs of slowing. (Fri, 05 Mar 2010 08:14:20 GMT)
Santander Offers $2.2 Billion of U.K. Mortgage-Backed Bonds
March 5 (Bloomberg) -- Banco Santander SA , Spain’s largest lender, is offering investors a total $2.2 billion of mortgage- backed bonds in euros and pounds, said two people with knowledge of the transaction. (Fri, 05 Mar 2010 09:24:43 GMT)
Home sweet homeowner tax breaks
Owning a home offers lots of benefits, including ways to reduce your tax bill. (Fri, 05 Mar 2010 11:00:00 GMT)
Mortgage interest
Your biggest tax break is reflected in the house payment you make each month since, for most homeowners, the bulk of that check goes toward interest. And all that interest is deductible, unless your loan is more than $1 million. (Fri, 05 Mar 2010 11:27:00 GMT)
Ocala man gets 8 years in mortgage fraud
By Suevon Lee Staff writer An Ocala man who posed as a mortgage broker and submitted falsified loan documents to a now-fallen national mortgage home lender has been ordered to serve an eight-year prison sentence. (Fri, 05 Mar 2010 11:33:20 GMT)
$1 trillion mortgage bomb still ticking away
The Fed must eventually raise interest rates. That could come when adjustable-rate-mortgages reset. (Fri, 05 Mar 2010 14:11:26 GMT)
AIG Home Loan Units Deny But Settle Bias Complaints
Two AIG units settled federal charges that they discriminated against blacks in providing home loans and will pay at least $7.1 million for restitution and education efforts, according to court ... (Fri, 05 Mar 2010 14:11:51 GMT)
Mortgage schemes up across the board
The total number of live mortgage schemes listed on the sourcing system increased by 26% in the January, up from 3,534 on 4th January 2010 to 4,457 (as of 1st February 2010). (Fri, 05 Mar 2010 15:50:40 GMT)
William Raveis Mortgage Ranked Among Top FHA Lenders
Connecticut-based William Raveis Mortgage is ranked in the top 1 percent of all FHA lenders nationwide, according to the U.S. Department of Housing & Urban Development's statistics. (Fri, 05 Mar 2010 15:56:56 GMT)
American Financial Resources Inc. / AFR Mortgage Announces the Opening of a New Branch Office in Cherry Hill, NJ
American Financial Resources Inc., a nationwide mortgage lender, opened a new branch office in Cherry Hill, NJ to service the local communities of central and southern NJ. Â (Fri, 05 Mar 2010 16:18:00 GMT)
Sacramento-area mortgage loan gone wrong is one of thousands
Mar. 5--Herbert Salguero is just one homeowner among thousands starting to realize that most problem mortgages may not be modified after all. (Fri, 05 Mar 2010 17:36:07 GMT)
Mortgage company owner sentenced in fraud scheme
Frederick Earle Deen, 30, was sentenced to 24 months in prison today for his role in a $20 million mortgage fraud scheme that operated in the Twin Cities. (Fri, 05 Mar 2010 18:31:03 GMT)
Canada Mortgage and Housing Corporation/Media Advisory: Minister Finley Addresses the Canadian Home Builders ...
VICTORIA, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - The Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) will address the Canadian Home Builders' Association at its 67 th Annual National Conference. (Fri, 05 Mar 2010 18:57:32 GMT)
More people skipping mortgage to pay credit cards
U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit-card bills. (Fri, 05 Mar 2010 20:30:50 GMT)
30-year mortgage rates dip below 5% as market drags
Mortgage interest rates declined this week, lowering borrowing costs as the housing market's recovery shows signs of slowing. (Fri, 05 Mar 2010 20:41:44 GMT)
Calif. woman, father wanted in mortgage fraud case
Police are searching for a father-daughter pair accused of conspiring to get kickbacks from $4.1 million in fraudulent mortgage loans in the Bakersfield area. (Fri, 05 Mar 2010 23:21:22 GMT)
Bakersfield Woman, Father Wanted In Mortgage Fraud Case
Police are searching for a father-daughter pair accused of conspiring to get kickbacks from $4.1 million in fraudulent mortgage loans in the Bakersfield area. Thirty-one-year-old Guadalupe Ramirez, a former real estate agent, and 60-year-old Agustin Ramirez remained at large Friday after a Kern County Superior Court judge issued two $1 million warrants for their arrest earlier this week. (Fri, 05 Mar 2010 23:46:28 GMT)
Consider all possible options before using a pension for mortgage
Q I need to raise a lump sum of £60,000 to cover a mortgage shortfall and am wondering what options are available to me. (Sat, 06 Mar 2010 00:32:21 GMT)
Guilty Plea Entered in Mortgage Fraud Case
Darnell Bell, 39, an accused leader of a mortgage fraud scheme that resulted in the theft... (Sat, 06 Mar 2010 01:52:28 GMT)
Spike in loan shark arrests
ENCOURAGING signs are emerging that loan sharks are starting to back off. The number of arrests shot up to 132 in January this year, when tougher laws were introduced to arrest this growing scourge. (Sat, 06 Mar 2010 02:06:24 GMT)
Looking to refinance? Ask yourself these four crucial questions.
Q: We want to refinance our home loan. We are at 5.75 percent and might be able to get 4.85 percent on a 30-year, fixed-rate mortgage. We would save $87 to $104 per month, and we are thinking about adding extra money each month to pay off the loan faster. (Sat, 06 Mar 2010 02:24:50 GMT)
Gaylord event gives free mortgage advice
A free event this weekend at Gaylord Opryland is drawing a big crowd hoping to save on their mortgage. (Sat, 06 Mar 2010 03:41:34 GMT)
Mortgage company owner sentenced in fraud scheme
Frederick Earle Deen, 30, was sentenced to 24 months in prison today for his role in a $20 million mortgage fraud scheme that operated in the Twin Cities. (Sat, 06 Mar 2010 04:14:04 GMT)
{Saving money on your home } {Simple strategies for paying off your mortgage sooner and reducing expenses. }
There are dozens of ways to make your housing investment pay off faster and at a greater return. In some cases, a small extra outlay may be required, sometimes every month, but the added expense is often pocket change when compared to the available savings. (Sat, 06 Mar 2010 05:19:57 GMT)
11.3 million homeowners underwater on mortgage
WASHINGTON — More than 11.3 million homeowners — nearly one-fourth of all Americans with a mortgage — owe more on their loan than their home is now worth, according to a recent report released by FirstAmerican CoreLogic. (Sat, 06 Mar 2010 06:04:30 GMT)
Lenders pursue mortgage payoffs long after homeowners default
When John King stopped making payments on his home in Coral Gables, Fla., two years ago, he assumed the foreclosure ended his mortgage contract, he said. In December, a Miami-Dade County court gave collectors permission to pursue him for $44,000 stemming from the default. (Sat, 06 Mar 2010 06:12:48 GMT)
This mortgage works in reverse
Gary Onks answered more than 30 questions about what reverse mortgages are and how they work during Tuesday's Money Talk$. He is the regional branch manager of Reverse Mortgage USA in Spotsylvania County. Reverse mortgages are loans for people over the age of 62 that let them tap the equity in their homes without having to repay the money until they, or their estate, sell the house.... (Sat, 06 Mar 2010 06:30:34 GMT)
Leader of mortgage scam pleads guilty
A San Diego gang member who federal authorities said was the leader of a massive mortgage fraud scam pleaded guilty yesterday to participating in a racketeering conspiracy involving bank fraud, money laundering and other crimes. (Sat, 06 Mar 2010 08:25:27 GMT)
Cleveland fires manager of city's mortgage-assistance program, disciplines her bosses
The city of Cleveland has fired the manager of a federally funded mortgage-assistance program for improperly trying to give herself a city loan and has suspended her two bosses for failing to intervene. (Sat, 06 Mar 2010 09:14:07 GMT)
Expert: Gubernatorial candidate Ron Sparks' loan 'almost unheard of'
MONTGOMERY - Ron Sparks would need about twice the income and real estate assets that public records show in his possession in order to qualify for a $500,000 loan from most lenders, according to a banking expert. (Sat, 06 Mar 2010 11:22:50 GMT)
Special offer on Home Loans from Banif Bank
Banif Bank has launched a special offer on its home loan packages. New clients who apply for a home loan before the 17th March will be eligible for a 50% discount on the processing fees and 50% discount on the interest rate spread for the first 3 months of loan repayment. (Sat, 06 Mar 2010 13:43:42 GMT)
Lawmaker is working to improve loan modifications
Lawmaker is working to improve loan modifications By ALAN ZIBEL Rep. Barney Frank, D.-Mass, said he is in talks with several major lenders in an effort to remove akey obstacle: lenders who hold second mortgages like home equity loans. Those loans, in many cases, are now worthless, but banks are reluctant to release their claims. (Sat, 06 Mar 2010 14:15:19 GMT)
Canada Mortgage and Housing Corporation/Media Advisory: Minister Finley Addresses the Canadian Home Builders ...
VICTORIA, BRITISH COLUMBIA--(Marketwire - March 6, 2010) - The Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) will address the Canadian Home Builders' Association at its 67 th Annual National Conference. (Sat, 06 Mar 2010 17:12:24 GMT)
Airville woman says she's stuck in mortgage limbo
Deborah Franklin of Airville spent a lot of her Sunday compiling names and stories of families from all over the country who, like her, claim the federal mortgage modification program has left them stranded in red-tape limbo. (Sat, 06 Mar 2010 20:22:52 GMT)
Anthony Westbury: Help is available for those with mortgage woes
“It’s the best 14 hours I’ve ever spent in my life, well aside from marrying my husband and having my kids.”Most people aren’t quite so enthusiastic about getting a mortgage loan modified, but Maureen Raithel of Port St. Lucie is walking on air this week.Raithel, 65, spent all those hours waiting for help at the Neighborhood Assistance Corporation of America’s (NACA) “Save the Dream” event at ... (Sat, 06 Mar 2010 21:11:00 GMT)
Portland Website offers help for home energy use
Website is an answer for people who want to conserve, and teaches some of the little, less expensive steps to weatherize a home that mean a lot. (Sat, 06 Mar 2010 21:16:04 GMT)
Applications available for Catholic loan scholarship
The Edward and Marie Abele Memorial Loan Scholarship provides partial financial assistance for continuing education through any public or private university, college or school. Applications are due May 15. (Sat, 06 Mar 2010 22:20:35 GMT)
McCue Mortgage still in the family after 60 years
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year. (Sun, 07 Mar 2010 03:43:21 GMT)
The Deep End: Homeowners who owe more than their house is worth feel brunt of tough economy
Jeff Catlin is growing weary of treading water to keep his modest three-bedroom home in Pfafftown. He owes more on the house than it's worth, and he's been waiting nearly 10 months for a life preserver -- final approval of a home-modification mortgage plan from Saxon Mortgage Co. (Sun, 07 Mar 2010 05:00:00 GMT)
Mortgage loan modifications are hard to get
Donna McCartney made phone call after phone call and wrote letters about her family’s deteriorating financial predicament and their inability to make their mortgage payments. She appealed to her mortgage company, beginning more than a year ago, hoping to get her interest rate reduced. She wrote to the president, her congressman and her senators. (Sun, 07 Mar 2010 05:22:08 GMT)
Refinancings decline in Mississippi
Last year, record low interest rates drove home refinancing, but Mississippians appear to have hopped off the bandwagon. (Sun, 07 Mar 2010 07:27:48 GMT)
Mortgage rates slide back below 5%
Mortgage rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to expire. The average rate on a 30-year fixed rate mortgage was 4.97 percent last week, down from 5.05 percent a week earlier, mortgage finance company Freddie Mac said Thursday. (Sun, 07 Mar 2010 08:02:10 GMT)
Sacrificing privacy to get a loan
Dear Benny — My husband and I recently applied for a home equity loan to help finance a new home we are building until we sell our current one. We applied at our local bank and it acknowledged our home's value, which is fully paid for, is more than adequate to cover the amount we applied for. The bank also noted that we have excellent credit and sufficient monthly income to support the payments ... (Sun, 07 Mar 2010 08:09:31 GMT)
MORTGAGES / Mortgage rates fall below 5 %
Mortgages rates have dipped below 5 percent again, four weeks before a government program helping keep rates low is scheduled to run out. The average rate on a 30-year fixed rate mortgage was 4.97 percent last week, down from 5.05 percent a week earlier,... (Sun, 07 Mar 2010 08:18:07 GMT)
Saving money on your home
Simple strategies for paying off your mortgage sooner and reducing expenses. There are dozens of ways to make your housing investment pay off faster and at a greater return. In some cases, a small extra outlay may be required, sometimes every month, but the added expense is often pocket change when compared to the available savings. (Sun, 07 Mar 2010 08:18:55 GMT)
Refinance program extended a year
WASHINGTON — The Obama administration announced last week that borrowers with little or no equity in their homes will have another year to take advantage of a refinancing program that so far has made little progress. (Sun, 07 Mar 2010 08:19:56 GMT)
Loan effort lifts some small firms
Robert and Michelle Trebtoske, small-business owners near Flint, would like to think that maybe spring could bring a tiny turnaround for their construction business when it comes to home renovations, new office space, storefronts and other jobs. They've got their fingers crossed. (Sun, 07 Mar 2010 08:33:55 GMT)
SUSAN TOMPOR: Think twice before walking away
If murky water is rising around your mortgage, do you bail? Or keep treading and hope home prices rise before you drown? Before you throw up your hands and walk away, here are some things to consider if you are underwater -- owing more on your place than it is worth. (Sun, 07 Mar 2010 08:34:35 GMT)
Consumer loan rates
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat. (Sun, 07 Mar 2010 09:07:29 GMT)
More than 700 seek help at 'Keep Your Home' event
More than 100 volunteers for "Keep Your Home," held at the UniversityCenter in Grayslake, helped troubled homeowners to determine whetherthey qualified for President Obama's Loan Modification Program. If they did, volunteers assisted them in filling out applications which were then sent to lenders seeking a reduction of mortgage payments. (Sun, 07 Mar 2010 10:02:00 GMT)
Standard Chartered offers mortgage facility in Oman
Muscat, Oman - To meet the rising demands for residential properties in the Sultanate, Standard Chartered Standard Chartered has for the first time in Oman introduced a complete mortgage solution, targeted at residential owners. (Sun, 07 Mar 2010 10:35:39 GMT)
Loan forgiveness under way for Colorado’s health care professionals
DENVER – Doctors, nurse practitioners, physician assistants, certified nurse midwives, licensed mental health professionals and oral health professionals may be eligible for educational loan debt forgiveness of up to $105,000. (Sun, 07 Mar 2010 11:25:15 GMT)
Dilemma: Pay off your mortgage or invest?
This is the time of year when clients ask what to do with their tax refunds. Many consider whether they should pay extra toward their mortgage or add to their investment portfolios. (Sun, 07 Mar 2010 12:41:27 GMT)
Second concessionary loan to help people manage mortgage obligations
SINGAPORE: Senior Minister of State for the Ministry of National Development & Ministry of Education Grace Fu said the recent announcement to extend a second loan to more HDB flat buyers is to help manage their mortgage obligations and not to encourage property speculation. (Sun, 07 Mar 2010 13:48:50 GMT)
B.C. seizes heroin addict's home
On a crisp March morning, Marianne Christine Sullivan sits on a dock in East Vancouver and talks about being homeless and broke after the government of British Columbia took her $562,000 home under civil-forfeiture legislation. (Sun, 07 Mar 2010 17:04:44 GMT)
McCue Mortgage still in the family after 60 years
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year. (Sun, 07 Mar 2010 17:15:55 GMT)
San Jose man sentenced for mortgage scam
SAN FRANCISCO -- A San Jose man who pleaded guilty to a mortgage loan fraud scheme has been sentenced. The judge in the case ordered 46-year-old John Bui to serve 41 months in Federal prison and pay $3.5 million in restitution. (Sun, 07 Mar 2010 17:29:42 GMT)
Buying a home: know the difference between mortgage life insurance and individual life insurance
(ARA) - For many new homeowners, it can be very confusing to decide whether you should buy an individual insurance policy from a reputable life insurance company to protect your new home from the unexpected, or if you should purchase a mortgage insurance policy through your lender. (Sun, 07 Mar 2010 19:28:32 GMT)
Officials Eye Lower Mortgage Rates
Driven down by looser monetary policy from the Central Bank, mortgage rates have fallen more than 4 percentage points from their high during the crisis, but government officials are fighting a public campaign for the rates to decline even lower. (Sun, 07 Mar 2010 21:35:53 GMT)
Council of Mortgage Lenders (CML) Predict 53,000 Repossessions for 2010, Ask Financially Launches New Remortgage Guide ...
With all the recent economic activity, globally and here in the UK, many experts in the finance industry are showing uncertainty about the year ahead. According to a report published by The CML (Council of Mortgage Lenders), over the last 12 months 46,000 properties were repossessed, this is an increase of 15% from 2008 where 40,000 repossessions took place. With the ongoing threat of more job ... (Sun, 07 Mar 2010 22:30:34 GMT)
News From 91.3 KUWS KUWS News Briefs: Payday loan bill down to the wire, virus going around
After years of trying, it looks like payday loan stores will be regulated in Wisconsin. Mike Simonson has today's news briefs. State Senator Bob Jauch says it’s an industry that needs some rules to prevent loan rollovers and multiple interest rates. (Sun, 07 Mar 2010 22:41:37 GMT)
McCue Mortgage still in the family after 60 years
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year. (Mon, 08 Mar 2010 01:15:12 GMT)
New American Home emerges from troubled past
Work has started in downtown Orlando on the next New American Home — a high-profile but, in recent years, troubled attraction each year when the nation's home builders gather for their annual convention and trade show. (Mon, 08 Mar 2010 04:10:01 GMT)
Home-Saving Loans Afoot
Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages. (Mon, 08 Mar 2010 04:37:02 GMT)
The upside of having a mortgage in retirement
Paying off a mortgage before retirement is not always the best idea. (Mon, 08 Mar 2010 05:56:15 GMT)
Debt Settlement and Mortgage Modification Scams on the Rise, Warns Chicago Bankruptcy Lawyer Richard Fonfrias
Experienced Chicago bankruptcy lawyer Richard Fontrias of the Fonfrias Law Group, LLC, warns that the number of debt settlement scams and mortgage modifications scams reported in the state of Illinois is on the increase and that consumers need to better understand their rights under the law in order to take control of their financial future. (Mon, 08 Mar 2010 07:01:00 GMT)
First home buyers run from rate rises
Potential first homebuyers are giving up their search each time lenders hike interest rates on home loans. (Mon, 08 Mar 2010 07:51:46 GMT)
Mortgage Defaults Growing
Michigan faces growing home mortgage default woes. The state currently ranks fourth in the nation in underwater mortgages. (Mon, 08 Mar 2010 08:29:03 GMT)
Can't make your mortgage? Get an emergency loan
Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs. (Mon, 08 Mar 2010 08:56:20 GMT)
McCue Mortgage still in the family after 60 years
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year. (Mon, 08 Mar 2010 09:00:12 GMT)
Nugent: Burnley home form will decide Premiership safety
Burnley striker David Nugent says their Turf Moor form will decide their Premiership survival prospects. The loan striker from Portsmouth bagged a leveller at Arsenal - but the Clarets still lost and are stuck in the drop zone. Nugent said: "It will go right down to the wire. We must keep up our home form. "Stoke are a big, strong side and we're looking forward to playing them. The two games ... (Mon, 08 Mar 2010 09:49:22 GMT)
Students try to eat on $7.50 a day to spotlight loan limits
Four Ontario university students will eat for under $7.50 a day – and blog about it daily - to show the need for higher student loan living allowances. (Mon, 08 Mar 2010 09:52:15 GMT)
Taiwan cbank seeks mortgage info in sign of concern
TAIPEI, March 8 (Reuters) - Taiwan's central bank has asked banks for information on mortgage lending in a sign it could be worried about the effect of a surge in property prices on the slowly recovering economy. (Mon, 08 Mar 2010 10:19:18 GMT)
(AFX UK Focus) 2010-03-08 10:34 Taiwan cbank seeks mortgage info in sign of concern
TAIPEI, March 8 (Reuters) - Taiwan's central bank has asked banks for information on mortgage lending in a sign it could be worried about the effect of a surge in property prices on the slowly recovering economy. The Central Bank of China said in a statement on Monday that it wants banks to tell it what rates they are lending at, the ratio of home buyers' debts to income and details of buying ... (Mon, 08 Mar 2010 10:58:35 GMT)
Credit score undercuts home mortgage plan
A man needs to boost his credit score if he wants to help his wife get a great home mortgage loan. (Mon, 08 Mar 2010 11:00:00 GMT)
Loan forgiveness under way for Colorado’s health care professionals
DENVER – Doctors, nurse practitioners, physician assistants, certified nurse midwives, licensed mental health professionals and oral health professionals may be eligible for educational loan debt forgiveness of up to $105,000. (Mon, 08 Mar 2010 11:24:15 GMT)
UK Mortgages 2010: Mortgage Innovation - New Market Report Published
With the worst of the credit crunch behind them, UK lenders can start shifting their focus to product innovation, looking abroad for inspiration. This brief looks at overseas mortgage innovations, and discusses their applicability to the UK market. (Mon, 08 Mar 2010 11:50:50 GMT)
Modification Actions Drive Record Mortgage Litigation
Legal actions against mortgage modification firms continued to surge -- pushing overall mortgage litigation activity to the highest level yet, according to the Fourth Quarter Mortgage Litigation Index produced by MortgageDaily.com. (Mon, 08 Mar 2010 12:00:00 GMT)
Court writ orders outback loan shark to stop
OUTBACK loan shark Sam Tomarchio has been ordered to stop lending in a Supreme Court writ lodged by Western Australia's Department of Commerce late yesterday. (Mon, 08 Mar 2010 13:00:00 GMT)
Charges filed in Sexton Lofts mortgage fraud case
A federal grand jury has returned an indictment against two local men, alleging mortgage fraud exceeding $2.5 million in connection with the sale of units in the Sexton Lofts condominium building in downtown Minneapolis, according to the U.S. Attorney’s Office. (Mon, 08 Mar 2010 14:57:31 GMT)
Theresa Simiriotis Joins HomeBanc as Mortgage Loan Officer
TAMPA, FL--(Marketwire - March 8, 2010) - Tampa-based HomeBancorp, Inc. has named Theresa Simiriotis as Mortgage Loan Officer for HomeBanc. She is based in HomeBanc's Tampa office located at Dale Mabry and I-275. (Mon, 08 Mar 2010 15:12:50 GMT)
Preparing for payment shock
Many mortgage borrowers with adjustable-rate mortgages (ARMs) on which the rate has adjusted within recent years are currently enjoying extremely low interest rates. This reflects the unusually low levels of the rate indexes used by most ARMs. (Mon, 08 Mar 2010 16:09:02 GMT)
Fixed-rate mortgage? Homeowners should consider all alternatives
You may pay over the odds if you panic-buy a fixed-rate mortgage when rates start rising, warn brokers Borrowers who stampede for fixed-rate deals as soon as the base rate starts rising could end up paying over the odds for their loans, mortgage brokers warn. Although the Bank of England last week kept its base rate at 0.5% for the 13th month in a row, economists and mortgage market watchers are ... (Mon, 08 Mar 2010 16:20:51 GMT)
Santander U.K. Mortgage Bonds Rise in First Day (Update1)
March 8 (Bloomberg) -- Santander UK Plc’s issue of mortgage-backed securities rose in their first day of trading as investors left out of the deal paid extra to buy the securities. (Mon, 08 Mar 2010 17:22:32 GMT)
Loan modifications made easier
The government's Home Affordable Modification Program sounded good, but it hasn't been as much of a success as first thought, in part because of the red tape involved in the application process. (Mon, 08 Mar 2010 18:04:25 GMT)
Mistake in Drumm loan letter, court told
A facility letter under which a €7.65m loan was given to former Anglo Irish Bank CEO David Drumm in 2008 to buy bank shares had described the loan as a 'non-recourse' loan, meaning the bank could redeem the loan only against the shares purchased, the Commercial Court was told yesterday. (Mon, 08 Mar 2010 18:11:52 GMT)
New short sale push may speed up bank loan losses
A new government push to clean up bad home loans could dent bank earnings because the industry may have to take losses on the assets sooner than some investors expect. (Mon, 08 Mar 2010 18:15:40 GMT)
Fitch Updates U.S. Residential Mortgage re-REMIC Criteria
NEW YORK----Fitch Ratings has published its updated 'U.S. Residential Mortgage Re-REMIC Criteria' report. This report summarizes Fitch's current criteria for analyzing credit risk in the issuance of new securities that are backed by U.S. residential mortgage backed securities . (Mon, 08 Mar 2010 18:29:00 GMT)
SNAP Grant Helps Disabled Couple Make Their Home More Energy Efficient
DALLAS -- A $7,000 Special Needs Assistance Program grant from the Federal Home Loan Bank of Dallas and Cypress Bank has given new life to the home of Tommy and Sondra Turner of Hughes Springs, Texas. (Mon, 08 Mar 2010 19:39:17 GMT)
Real estate agent, father charged in mortgage fraud case
A Bakersfield real estate agent and her father have been charged in a mortgage fraud scheme, accused of getting kickbacks from $4.1 million in fraudulent mortgage loans that almost immediately went into default, according to legal filings. Guadalupe Ramirez, 31, and her father, Augustine Ramirez, 60, were not in custody Thursday but were each wanted on $1 million arrest warrants, according to ... (Mon, 08 Mar 2010 19:43:28 GMT)
Navy Federal Guarantees $7 Billion for Mortgages in 2010
VIENNA, Va., -- Navy Federal Credit Union is pleased to announce $7 billion has been committed to new mortgages for Navy Federal members in 2010, whether they're buying a new home or refinancing. (Mon, 08 Mar 2010 20:55:04 GMT)
Prison for Alexandria man for $400k mortgage scheme
A 30-year-old man from Alexandria, Minn., was sentenced Monday to three years in prison after admitting that he concealed more than $400,000 in payments to himself and others from mortgage loan proceeds, then using some of that money to buy a motorcycle. (Mon, 08 Mar 2010 21:07:10 GMT)
Outback loan shark told to stop
OUTBACK loan shark Sam Tomarchio has been ordered to stop lending in a Supreme Court writ lodged by WA's Department of Commerce. (Mon, 08 Mar 2010 22:59:08 GMT)
FDIC Chairman Questions Mortgage Interest Tax Deduction
The head of the Federal Deposit Insurance Corporation said mortgage interest is one of the problems for the nation's banking crisis. (Mon, 08 Mar 2010 23:23:17 GMT)
Bill to ban state taxes on forgiven mortgage debt goes to Gov.
A political showdown is on between the Legislature and governor regarding a bill to ban the state from taxing forgiven mortgage debt. (Mon, 08 Mar 2010 23:52:38 GMT)
Loan star Donovan hopes to delay return to States
Landon Donovan, arguably the most effective Premier League loan signing of the season, believes he could – if permitted by LA Galaxy – fit in up to five games more for Everton before returning to California for the start of the new MLS season. (Tue, 09 Mar 2010 00:10:44 GMT)
FDIC Chairman Questions Mortgage Interest Tax Deduction
WASHINGTON--Federal Deposit Insurance Corporation Chairman Sheila Bair came close to the third rail of tax policies Monday, citing the federal tax deduction for mortgage interest as one of the causes... (Tue, 09 Mar 2010 00:23:01 GMT)
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches. (Tue, 09 Mar 2010 03:32:35 GMT)
Triple whammy hits would-be home buyers
Many would-be home buyers have given up the dream of home ownership, hit by rising interest rates, tougher lending conditions and an end to a government grant. (Tue, 09 Mar 2010 03:39:10 GMT)
Will congress fix flawed loan mod program?
If the federal Making Home Affordable Program is not working for most families facing foreclosure, why are we paying for it? Ahwatukee homeowner Jerry Staton been put on hold by his bank for a long time. (Tue, 09 Mar 2010 03:54:11 GMT)
Mr. Mortgage Makes Court Appearance
A Macomb County man claims he can save your house from foreclosure and has dozens of happy customers. However, so far, Problem Solver Rob Wolchek has only run across miserable customers, and they've gotten Mr. Mortgage into some trouble. He's out on bond, but back in court for a felony arraignment. (Tue, 09 Mar 2010 04:03:02 GMT)
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches. (Tue, 09 Mar 2010 04:37:37 GMT)
IRS tax tip: Mortgage Debt Forgiveness
If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness. (Tue, 09 Mar 2010 04:45:18 GMT)
ALCO Refinances Loan On Frayser Apartments
Memphis-based ALCO Properties Inc. has taken out a $4.7 million loan on the Greenbriar Apartments at 3131 Madewell Street in Frayser.The company, oper.... (Tue, 09 Mar 2010 06:11:19 GMT)
IRS tax tip: Mortgage Debt Forgiveness
If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness. (Tue, 09 Mar 2010 07:34:34 GMT)
Triple whammy hits new home buyers
MANY new home buyers have given up the dream of home ownership, hit by rising interest rates, tougher loan conditions and cuts to a generous government grant. (Tue, 09 Mar 2010 08:14:45 GMT)
Proposed mortgage law to curb prices
The approval of the long-awaited mortgage law in Saudi Arabia this year is expected to curb sharp increases in property prices, spur bank credit and encourage investment in the sector, a Saudi official said. (Tue, 09 Mar 2010 08:50:26 GMT)
More local homeowners faced mortgage trouble in January
More homeowners in the region have fallen behind in their mortgage payments or are facing foreclosure. In January, about 6.9 percent, or one in 14 borrowers in the Scranton/Wilkes-Barre/Hazleton metro area, were 90 days or more delinquent on their mortg (Tue, 09 Mar 2010 09:27:44 GMT)
Bankruptcy haunts mortgage refinance
Good credit scores aren't helping a couple overcome an old bankruptcy. (Tue, 09 Mar 2010 11:00:00 GMT)
McCue Mortgage still in the family after 60 years
New Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year. (Tue, 09 Mar 2010 11:13:18 GMT)
Loan forgiveness under way for Colorado’s health care professionals
DENVER – Doctors, nurse practitioners, physician assistants, certified nurse midwives, licensed mental health professionals and oral health professionals may be eligible for educational loan debt forgiveness of up to $105,000. (Tue, 09 Mar 2010 11:25:26 GMT)
QUICK POLL
RICHMOND-Berkadia Commercial Mortgage secured $68.4 million in permanent, fixed-rate financing for MeadWestvaco’s new building at Foundry Park here. The mortgage has a five-year term and a 15-year amortization. (Tue, 09 Mar 2010 11:25:57 GMT)
Bankruptcy haunts mortgage refinance
Dear Dr. Don, We have about 60 percent equity in our home. We both have credit scores above 700 and both have good incomes. (Tue, 09 Mar 2010 11:42:12 GMT)
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches. (Tue, 09 Mar 2010 11:52:33 GMT)
Newstead subdivision plan rejected
The concept plan for a nine-lot subdivision on Crittenden Road at Main Road got a thumbs down Monday from the Newstead Town Board. (Tue, 09 Mar 2010 11:53:50 GMT)
Meet with your bank face-to-face today
TUCSON - If you're upside down on your mortgage or facing foreclosure, free help is here in Tucson today. It's an opportunity to meet face-to-face with your bank and possibly refinance or modify your loan on the spot. (Tue, 09 Mar 2010 12:29:54 GMT)
Home ownership no longer a reality
MANY would-be home buyers have given up the dream of ownership, hit by a 'perfect storm' of rising rates, tough conditions and abandoned grants. (Tue, 09 Mar 2010 13:31:00 GMT)
Up to $25M bank loan eyed to develop Rota's eastern harbor
Rota Mayor Melchor A. Mendiola has asked Gov. Benigno R. Fitial for support in improving and expanding Rota's seaport using a possible loan of up to $25 million from the Rhode Island-based Independence Bank. (Tue, 09 Mar 2010 14:12:37 GMT)
New Article on Fannie Mae, Freddie Mac HARP Mortgage Refinance Program Available from AimLoan.com
In a new article, AimLoan.com explains why Fannie Mae and Freddie Mac’s program to refinance underwater homeowners should be expanded, as lowered mortgage rates are key to economic recovery. (Tue, 09 Mar 2010 15:05:00 GMT)
Credit Score Undercuts Home Mortgage Plan
Would applying for a home mortgage loan jointly with my wife be better or worse? (Tue, 09 Mar 2010 15:23:17 GMT)
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches. (Tue, 09 Mar 2010 15:23:31 GMT)
Federal Home Loan Bank of Dallas Announces $18.6M in Affordable Housing Program Grants
DALLAS -- The Federal Home Loan Bank of Dallas is pleased to announce that it has $18.6 million in Affordable Housing Program grants available in 2010. (Tue, 09 Mar 2010 15:29:19 GMT)
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches. (Tue, 09 Mar 2010 15:38:06 GMT)
New Article on Fannie Mae, Freddie Mac HARP Mortgage Refinance Program Available from AimLoan.com
In a new article, AimLoan.com explains why Fannie Mae and Freddie Mac’s program to refinance underwater homeowners should be expanded, as lowered mortgage rates are key to economic recovery. (PRWeb Mar 9, 2010) Read the full story at http://www.prweb.com/releases/20 (Tue, 09 Mar 2010 16:14:28 GMT)
Sacrificing privacy to get a loan
How much tax information is enough? How much tax information is enough? DEAR BENNY: My husband and I recently applied for a home equity loan to help finance a new home we are building until we sell our current home. (Tue, 09 Mar 2010 16:37:02 GMT)
TCW Returns to Mortgage Bonds It Sold After Declines (Update1)
TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year. (Tue, 09 Mar 2010 16:48:26 GMT)
TCW Returns to Mortgage Bonds It Was Selling After Prices Fall
March 9 (Bloomberg) -- TCW Group Inc., the fund manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it was rushing to sell early this year. (Tue, 09 Mar 2010 17:47:53 GMT)
Broward commissioners target Big Banking for role in mortgage crisis
Broward County government is taking on Big Banking. (Tue, 09 Mar 2010 17:54:23 GMT)
Loan modification terms are tough for those few who get them
Emerging issue: Many loans have balloon payments that skyrockets after several years For William and Lida Negron, their lender's decision to modify their mortgage seemed to be the key to holding on to their home. (Tue, 09 Mar 2010 17:55:41 GMT)
Broward commissioners target Big Banking for role in mortgage crisis
Bank of America lost out on a role in financing a new courthouse in downtown Fort Lauderdale on Tuesday after Broward County commissioners complained the mega-bank has failed to help people with troubled mortgages and jacked up credit card fees. (Tue, 09 Mar 2010 18:04:41 GMT)
David Hall plans to start own mortgage company, Hall Financial
David Hall is expected to formally announce Wednesday that he is back in the mortgage business with the launch of Birmingham-based Hall Financial. (Tue, 09 Mar 2010 18:12:25 GMT)
TCW Returns to Mortgage Bonds It Sold After Declines (Update1)
March 9 (Bloomberg) -- TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year. (Tue, 09 Mar 2010 18:22:40 GMT)
Club Kalua owners charged with mortgage fraud
Associated Press - March 9, 2010 1:55 PM ET NEW YORK (AP) - The mother and son owners of the strip club made infamous by the shooting of Sean Bell have been charged in a mortgage fraud case in... (Tue, 09 Mar 2010 19:07:19 GMT)
Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.76%, According to Zillow(R) Mortgage Rate Ticker
The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76 percent, down four basis points from 4.80 percent compared to this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week. (Tue, 09 Mar 2010 19:34:00 GMT)
When refinancing, closing credit card accounts can cost you
When in the midst of a home refinancing and considering an account closure, experts say the price of credit score damage is likely to outweigh the cost of any potential annual fees. (Tue, 09 Mar 2010 19:38:17 GMT)
Former Rock Financial exec David Hall forms mortgage firm
Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a new mortgage company in Birmingham called Hall Financial. (Tue, 09 Mar 2010 19:43:30 GMT)
Owners of Infamous Club Kalua Charged With Mortgage Fraud
The mother and son owners of the strip club made infamous by the shooting of Sean Bell have been charged in a mortgage fraud case in Queens. (Tue, 09 Mar 2010 20:12:29 GMT)
When refinancing, closing credit card accounts can cost you
Dear Credit Score Report, I just started paying attention to the new credit card laws. I will be paying off my credit card balance very soon with my income tax refund, but I am concerned now because... (Tue, 09 Mar 2010 21:08:12 GMT)
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches. (Tue, 09 Mar 2010 21:47:42 GMT)
Mortgage 'Half' Payments: How Much Do They Save?
One frequent question I’m often asked is whether or not paying half of a mortgage payment twice a month versus paying a full mortgage payment once a month is actually worthwhile. (Tue, 09 Mar 2010 22:14:34 GMT)
City of Cleveland gets into the movie business with loan guarantees for three films
A City Council committee on Tuesday approves $1.2 million in loan guarantees for three planned feature-length films produced by Nehst Studios, a New York-based production company that has established an office in Cleveland. (Tue, 09 Mar 2010 22:57:49 GMT)
Bendigo's new mortgage announcement
Bendigo and Adelaide Bank Ltd has announced a new issue of residential mortgage backed securities. (Wed, 10 Mar 2010 01:22:32 GMT)
Australian Home-Loan Approvals Unexpectedly Fall 7.9% (Update1)
March 10 (Bloomberg) -- Australian home-loan approvals unexpectedly fell in January for a fourth straight month after central bank Governor Glenn Stevens raised borrowing costs and the government cut grants to first-time buyers. (Wed, 10 Mar 2010 01:43:31 GMT)
Previous 1 2 3 4 5 6 7 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
