Mortgage News Sep 2010

May 2012 | Apr 2012 | Mar 2012 | 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

Home equity loan to pay off vehicle debt?
Before considering another loan to pay debts, it's best to come up with a financial plan. (Thu, 23 Sep 2010 03:00:00 -0700)

FHA set to offer new reverse mortgage option
The Federal Housing Administration said Wednesday that beginning Oct. 4, it will offer a new reverse mortgage option with drastically lower up-front fees than its standard version. The trade-off is that with the new saver option, seniors generally will be... Federal Housing Administration - Reverse mortgage - Business - Financial Services - Mortgages (Thu, 23 Sep 2010 05:50:27 -0700)

Bankrate: Mortgage Rates Fall to Another New Low
Mortgage rates dropped to new lows this week, with the average conforming 30-year fixed mortgage rate now 4.5 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.35 discount and origination points. (Thu, 23 Sep 2010 06:23:00 -0700)

Home Loan Rates Near Record Lows This Week
Get Business Mobile Text Alerts : Text BIZ To 37798 Home loan rates remained at or near record lows again this week. (Thu, 23 Sep 2010 07:38:05 -0700)

Mortgage Intelligence chooses The Key
Mortgage Intelligence have selected The Key as their new point-of-sale system for Mortgage Intelligence and Mortgage Next Appointed Representatives (ARs). (Thu, 23 Sep 2010 08:45:00 -0700)

Mortgage Rates for Sept. 23, 2010
Greg McBride explains why mortgage rates are at a historic low. Get up to Four Loan Offers in Minutes! (Thu, 23 Sep 2010 08:55:47 -0700)

Mortgage Q&A: Red flags on refi offer justified
Last week, I described a letter I had received from a mortgage company soliciting a refinance. The letter was full of fancy calligraphy, color and exclamation points. At the bottom was a "Funding Voucher" designed to look like a check. Needless to say, my column suggested this form of solicitation ... (Thu, 23 Sep 2010 09:24:48 -0700)

Mortgage rates remain low in week
WASHINGTON, Sept. 23 (UPI) -- Average interest rates for long-term mortgages were unchanged in the week ending Sept. 23, the U.S. Federal Home Loan Mortgage Corp. said Thursday. United States - Mortgage loan - Business - Financial Services - Mortgages (Thu, 23 Sep 2010 09:36:29 -0700)

Feds Want More Data From Home Loan Applicants
With mortgage rates at record lows, it may be the right time to buy a home. Just don't expect your personal data to be kept as private as before. (Thu, 23 Sep 2010 10:33:03 -0700)

Mortgage Investors Target Banks Using Clearing House
After he bought his Dallas home last year, attorney Talcott Franklin found a novel way to eliminate a musty odor emanating from a basement well installed as part of a previous owner’s air-raid shelter: He used boat hatches to seal it. (Thu, 23 Sep 2010 10:53:31 -0700)

More record lows for mortgage rates?
Mortgage finance giant Freddie Mac says interest rates for fixed-rate home loans were unchanged for solid borrowers during the week that ended Wednesday. But other surveys are showing that rates are declining again and hitting all-time lows in reaction to... (Thu, 23 Sep 2010 11:00:52 -0700)

Want a better home loan? Just ask
WITH the threat of another interest rise on the horizon, a new consumer survey has offered homeowners a ray of hope. (Thu, 23 Sep 2010 11:29:22 -0700)

Want a better home loan? Just ask
WITH the threat of another interest rise on the horizon, a new consumer survey has offered homeowners a ray of hope. (Thu, 23 Sep 2010 11:29:22 -0700)

Want a better home loan? Just ask
WITH the threat of another interest rise on the horizon, a new consumer survey has offered homeowners a ray of hope. (Thu, 23 Sep 2010 11:38:46 -0700)

Local, US mortgage rates unchanged
Local and national mortgage rates for fixed 30-year U.S. loans were unchanged this week, keeping borrowing costs near a record low as the housing market slumps. (Thu, 23 Sep 2010 13:00:21 -0700)

Volcker Says Fixing ‘Broken’ Mortgage Market Should Be Priority
The U.S. mortgage market is “absolutely broken” and changing the government’s role in housing must be a top priority, said former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama. (Thu, 23 Sep 2010 13:09:09 -0700)

Home loan demand, housing prices fall
The housing market hits a soft patch since the end of a popular home buyer tax credit, but analysts say stubbornly high unemployment also is sapping demand for homes. U.S. demand for home loans fell for a third straight week last week, while prices for single-family homes retreated further in July as the housing market struggles for balance with less government support. (Thu, 23 Sep 2010 13:17:39 -0700)

LPS' Mortgage Monitor Report: August Data Shows Foreclosure Proceedings Accelerating; Origination/Refinance Activity ...
The August Mortgage Monitor report released today by Lender Processing Services, Inc. shows that foreclosure starts continue to accelerate with the GSEs displaying more aggressive timelines on early stage delinquencies. (Thu, 23 Sep 2010 13:30:00 -0700)

Home loan teaser rates to stay: Parekh
Weeks after the largest mortgage lender of the country, HDFC, repackaged its teaser rates for home loan, bank's chairman Deepak Parekh said that home loan teaser rates are here to stay for long. (Thu, 23 Sep 2010 14:22:55 -0700)

Kitzhaber counters home loan allegations
Democratic candidate for governor, John Kitzhaber, answered questions about a 1999 loan Wednesday, refuting any insinuations of inappropriate benefits. (Thu, 23 Sep 2010 15:58:13 -0700)

Investing Extra Dollars: Mortgage vs. Stocks
With rates low, do you put cash into the house or the market? (Thu, 23 Sep 2010 16:00:22 -0700)

Home Owners Still Falling Victim to Home Loan Scams
Even though the economy is supposed to be rebounding, the number of foreclosures in August hit an all time high. (Thu, 23 Sep 2010 16:08:37 -0700)

Mortgage lenders want documents for everything
Applying for a mortgage used to be easy: You’d complete an application and the lender would pull your credit score. More often than not, you’d be approved. But nowadays, lenders require paperwork that documents every facet of your financial life: taxable income, assets, rent payments and more. Bankrate can help you find the lowest available mortgage rate. And there’s no escape. Every borrower ... (Thu, 23 Sep 2010 20:41:41 -0700)

Mortgage controversy arises in Oregon gov race
PORTLAND, Ore. -- The Oregon Republican Party is calling into question the ethics of a zero percent-down mortgage Democrat gubernatorial candidate John Kitzhaber received in 1999. Republicans accuse Kitzhaber of favoring a local investment broker after receiving a "V.I.P." home loan from him. Kitzhaber's campaign is confounded by the accusation, saying there's nothing V.I.P. about fully repaying ... (Thu, 23 Sep 2010 20:55:45 -0700)

Kitzhaber releases IRS docs to show he paid interest
Democratic candidate for governor, John Kitzhaber, released more documents Thursday to prove he paid tens of thousands of dollars of interest on a home loan.   (Thu, 23 Sep 2010 21:22:59 -0700)

Best day for extra mortgage payment?
How do you get the best bang for your buck when making additional mortgage payments? (Fri, 24 Sep 2010 03:00:00 -0700)

Moody’s May Downgrade GMAC Mortgage Servicer Grades
Ally Financial Inc.’s GMAC Mortgage division may face a downgrade to its loan-servicing grades by Moody’s Investors Service after the ratings company cited “irregularities” in the unit’s “foreclosure process that have recently come to light.” (Fri, 24 Sep 2010 11:53:46 -0700)

Plea deal for head of failed NH mortgage firm
The head of a failed mortgage firm who was accused of swindling investors out of millions of dollars in a Ponzi scheme has agreed to plead guilty to federal wire and mail fraud charges in exchange for a nearly 20-year prison sentence. (Fri, 24 Sep 2010 12:03:10 -0700)

Congress poised to extend GSE home loan limits
Congress is poised to extend next week increased loan limits on mortgages backed by Fannie Mae and Freddie Mac, which are set to expire at year end, Democratic aides said on Friday. (Fri, 24 Sep 2010 12:21:00 -0700)

Congress poised to extend GSE home loan limits
Congress is poised to extend next week increased loan limits on mortgages backed by Fannie Mae and Freddie Mac, which are set to expire at year end, Democratic aides said on Friday. (Fri, 24 Sep 2010 12:21:37 -0700)

22% of private mortgage mods redefault
Banks have been ramping up their mortgage modifications, helping out troubled borrowers who can't qualify for President Obama's foreclosure-prevention program. Too bad these homeowners redefault at more than twice the rate. (Fri, 24 Sep 2010 14:17:57 -0700)

Moodys may downgrade GMAC mortgage servicer grades
Ally Financial Inc'.s GMAC Mortgage division may face a downgrade to its loan-servicing grades by Moodys Investors Service after the ratings company cited irregularities in the units foreclosure process that have recently come to light. (Fri, 24 Sep 2010 19:48:53 -0700)

Plan to extend Fannie, Freddie home loan limits
Lawmakers poised to attach extension to spending bill. 25 Sep 2010 12:45 PM (Fri, 24 Sep 2010 19:49:47 -0700)

Ask for a better loan deal: survey
A new consumer satisfaction survey has found that the nation's four big banks will offer a cut in home loan rates if consumers ask for them. (Sat, 25 Sep 2010 18:08:26 -0700)

Ask for a better loan deal - survey
The nation's four big banks will offer a cut in home loan rates if consumers ask for them, says a new survey (Sat, 25 Sep 2010 21:12:29 -0700)

Mortgage mayhem
With foreclosure filings growing by the month, some judges are holding banks and loan servicers' feet to the fire to prove they "own" the mortgage and that they know what information is in the filing. Recently, JPMorgan Chase, a mortgage servicer, was charged by a Florida judge with submitting fraudulent... (Sat, 25 Sep 2010 22:31:15 -0700)

Be wary of mortgage matrix promotions - Sun, 26 Sep 2010 PST
There’s a new “buyer beware” issue in the mortgage banking game that smells a lot like what was cooking in the “mortgage elimination” kitchen a few years ago. Internet marketers have been sending messages to borrowers indicating that they can get their “mortgage canceled or principal reduced” by signing up for a $320 mortgage matrix that could magically eliminate debt with their lender. One ... (Sun, 26 Sep 2010 00:05:45 -0700)

Lower mortgage rates rekindle refinance flames
San Joaquin Valley homeowners have long-term goals (Sun, 26 Sep 2010 00:15:33 -0700)

When to lock in a loan rate
When is the timing right to lock in your mortgage rate? With a rate lock, lenders are obligated (with a few exceptions) to offer a home loan at an agreed-upon rate regardless of whether mortgage rates have changed between the time of loan approval and closing date. (Sun, 26 Sep 2010 01:11:37 -0700)

Thinking of refinancing? Then you need to shop around
Q: The current rate on my 30-year $229,000 home loan is 5.75 percent. To get the best interest rate when refinancing, should I directly contact a bank with which I have a relationship or should I go with a mortgage broker? (Sun, 26 Sep 2010 03:28:28 -0700)

Mortgage rate holds steady
Rates on 30-year mortgages last week were unchanged from the previous week, staying slightly above the lowest level in decades. (Sun, 26 Sep 2010 03:58:04 -0700)

Mortgage crisis tethers owners
The focus of the housing crisis has largely been on Americans who are losing their homes. But millions of homeowners are making sacrifices in other parts of their lives to keep from defaulting on a mortgage that exceeds the value of their homes. (Sun, 26 Sep 2010 03:59:04 -0700)

Stiff-the-lender second-mortgage policy draws fire from federal bank officials
By KENNETH R. HARNEY WASHINGTON POST WASHINGTON - A finance and real estate professor from DePaul University has some controversial advice for people who are delinquent on their first mortgage but still making monthly payments on a home equity credit line or second mortgage: Stop paying on the second loan immediately. Rebel Cole said someone who is seriously delinquent on the first mortgage ... (Sun, 26 Sep 2010 05:05:46 -0700)

Ask banks for a better loan deal
The nation's four big banks will offer a cut in home loan rates if consumers ask for them, says a new survey (Sun, 26 Sep 2010 06:19:28 -0700)

Mortgage Modifications: Reduced Monthly Payments Also Reduce Default Payments
Mortgage modifications that were made more recently, a report showed Friday, make it so homeowners are less likely to default on their payments. According to a second-quarter study released by the Office of the Comptroller of the Currency and the Office of Thrift Supervision, in 2009 a total of 30% of mortgage modifications were delinquent or in the foreclosure process. In 2008 there were 45% of ... (Sun, 26 Sep 2010 08:30:04 -0700)

Dubai Islamic Bank wins control of mortgage lender
Dubai Islamic Bank assumed control of troubled mortgage provider Tamweel on Sunday, boosting its stake in a bid to spur real-estate lending in the debt-laden emirate. (Sun, 26 Sep 2010 09:06:24 -0700)

When to lock in a loan rate
When is the timing right to lock in your mortgage rate? With a rate lock, lenders are obligated (with a few exceptions) to offer a home loan at an agreed-upon rate regardless of whether mortgage rates have changed between the time of loan approval and closing date. (Sun, 26 Sep 2010 15:09:17 -0700)

Banks plan loan rate freeze to cash in on festival demand
Several banks which were earlier planning to raise home loan rates in October are now considering deferring such plans, keeping in mind the holiday season ahead when demand for such loans is expected to soar. (Sun, 26 Sep 2010 15:22:21 -0700)

Mortgage modifications improving with time
Mortgage modifications in 2010 have only 1 in 10 borrowers were seriously delinquent, down from 3 in 10 in 2008. (Sun, 26 Sep 2010 19:23:25 -0700)

Want to repay high-cost debt? Try a top-up loan
If you have taken a home loan which is six-month old, with a regular repayment record and are in need for additional loan to repay your personal loan or credit card over dues which is on higher rate of interest or want to redo your home for the festival season, top-up loan on your existing home is best suitable option available in market. (Sun, 26 Sep 2010 20:37:17 -0700)

Many homeowners frustrated with Bank of America's home loan modification program
Hard times have fallen on a lot of people, especially home owners who may be looking to modify home loans. The Contact 6 team received multiple complaints against Bank of America who viewers say refuses to help. (Sun, 26 Sep 2010 20:50:08 -0700)

Amy Hoak's Home Economics: If mortgage rates plunged to 0%
Imagine financing a home purchase with a no-interest mortgage loan. You’d probably never want to move again. (Mon, 27 Sep 2010 00:16:00 -0700)

Why mortgage lenders want tax returns
Applying for a home mortgage? Your lender is likely to require tax returns. Find out why. (Mon, 27 Sep 2010 03:00:00 -0700)

No such thing as no-cost mortgage closing
It's possible to get a loan with no closing costs, but you'll still end up paying a price somewhere. (Mon, 27 Sep 2010 03:00:00 -0700)

No-cost mortgage closing is myth
Dear Dr. Don, I bought my house in July 2008 for $395,000 with a 5/1 adjustable-rate mortgage at 5.125 percent that expires three years from now. My property price has dropped from $395,000 to $345,000 over this time period. (Mon, 27 Sep 2010 04:41:17 -0700)

Pros' Picks in Mortgage REITs Dishing Out Big Yields
Mortgage REITs boast some of the highest yields on Wall Street. (Mon, 27 Sep 2010 06:00:00 -0700)

Report: Interest-Only Loans Unfairly Blamed for Mortgage Crisis
Have policy makers learned the wrong lessons from the mortgage crisis? A new paper suggests that theres been a rush to judgment against mortgage product features such as interest-only payments and pre-payment penalties, or fees charged for paying off a mortgage before a specific date. Michael Lea, the director of San Diego State Universitys Corky McMillin Center for Real Estate, examined ... (Mon, 27 Sep 2010 07:33:16 -0700)

Fannie offers housing help to military families
Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member. Fannie Mae - United States - Loan - Home - mortgage (Mon, 27 Sep 2010 07:58:06 -0700)

GMAC Stops Foreclosure Evictions, Cites Problems with Affidavits
GMAC Mortgage, the fourth largest home loan lender in the US, has halted foreclosure evictions in 23 states and has disclosed that some of its employees had been allowed to sign affidavits without a notary present or without verifying that some information was true. GMAC is still investigating the scope of the problem. According to [...] (Mon, 27 Sep 2010 08:36:38 -0700)

If Mortgage Rates Plunged to Zero
It will take a steep drop in rates to get more buyers off the fence. (Mon, 27 Sep 2010 09:00:32 -0700)

Fitch Places United National Home Loan Owner Trust 1999-1 on Rating Watch Negative
NEW YORK----Fitch Ratings has placed all classes of United National Home Loan Owner Trust 1999-1 on Rating Watch Negative. A full rating list is shown below. (Mon, 27 Sep 2010 09:49:00 -0700)

Freddie Focuses on Mortgage Fraud
Freddie Mac is taking a closer look at mortgage-fraud cases, the latest national initiative against opportunists who have sprouted up from the rubble of the subprime crisis. (Mon, 27 Sep 2010 09:59:10 -0700)

Contact us: Have you applied for a home loan lately?
Have you applied for a home loan lately? The News-Press is doing a story and would like to hear from you. (Mon, 27 Sep 2010 11:07:29 -0700)

China Mortgage Bond Sales Led Drop in Agency Holdings, Wrightson ICAP Says
A record tumble in the holdings of U.S. agency debt and government-backed mortgage bonds by central banks and similar foreign investors probably reflected sales of home-loan securities by China, according to Wrightson ICAP LLC. (Mon, 27 Sep 2010 11:29:40 -0700)

$500K AHP Grant Will Assist in Converting Sundowner Motel to Low-Income Apartments
ALBUQUERQUE, N.M. -- The Federal Home Loan Bank of Dallas is pleased to announce it has awarded a $500,000 Affordable Housing Program grant to NewLife Homes toward the construction of an apartment complex for the homeless and individuals suffering from mental illness. (Mon, 27 Sep 2010 11:51:03 -0700)

Rep. Dennis Cardoza: The Federal Government Must Use Freddie and Fannie to Refinance Mortgages
The Federal Government Must Use Freddie and Fannie to Refinance Mortgages The HOME Act Provides the Path Forward By Rep. Dennis Cardoza (CA-18) Three years... (Mon, 27 Sep 2010 12:51:03 -0700)

Refinancing & New Mortgage Activity Down in Week
Refinancing and new mortgage activity dropped in the past week. The Mortgage Bankers Association said Wednesday U.S. mortgage activity decreased in the latest weekly survey, despite dropping interest rates. The MBA's Market Composite Index fell 1.4 percent in the week ending Sept. 22. The MBA's Refinancing Index also dropped, falling 0.9 percent, the trade group said. During the week, the ... (Mon, 27 Sep 2010 13:45:24 -0700)

Contact us: Have you applied for a home loan lately?
Have you applied for a home loan lately? The News-Press is doing a story and would like to hear from you. (Mon, 27 Sep 2010 14:27:53 -0700)

Personal Finance Daily: Mortgage-rate party is for an exclusive club
Rates are at near-record lows and could be heading lower, but plenty of homeowners aren’t on the guest list for that party. Read about zero percent mortgage rates and more in Monday’s Personal Finance Daily. (Mon, 27 Sep 2010 15:16:10 -0700)

Property transfers for Sept. 27
AUDITOR’S OFFICEProperty Transfers (Mon, 27 Sep 2010 19:30:36 -0700)

Home Refinancing: the Chicken or Egg Problem
Home refinancing has yet to see the historic numbers to match the historically low interest rates. While refinance activity increased this summer and fall, many homeowners find it hard to get new loans. "The rates have never been this low in the 30 years I've been in this business," said Pete Phillippe, a loan officer with Princeton Capital in Santa Rosa. "But it has never been harder for people ... (Mon, 27 Sep 2010 22:15:34 -0700)

Mortgage hopes dim for many
Nearly 30 percent of Americans are unlikely to qualify for a home mortgage because their credit scores are too low, according to an analysis of more than 25,000 mortgage requests and loan quotes on Zillow Mortgage Marketplace.Borrowers with credit scores under 620 who requested quotes for 30-year fixed, conventional loans were unlikely to receive even one loan quote on Zillow Mortgage ... (Tue, 28 Sep 2010 02:01:18 -0700)

ARMs may offer lowest mortgage rates
Adjustable-rate mortgages are very enticing, but rates and payments can skyrocket. (Tue, 28 Sep 2010 03:00:00 -0700)

Great credit may not get you a great mortgage
Have you been working to boost your credit score before trying to get a mortgage? It may not yield the payback you expect. (Tue, 28 Sep 2010 04:58:03 -0700)

When 'cash-in' refinancing pays off
At the height of the housing boom, millions of Americans treated their houses like ATMs, pulling out money through "cash-out" refis. Today, with millions of mortgages underwater, money is flowing in the opposite direction. (Tue, 28 Sep 2010 05:07:47 -0700)

Mortgage lending falls once more
August mortgage lending figures hit 16-month low as home buyers stay away despite additional properties on market Mortgage lending fell again in August with the lowest number of new mortgages offered this year, figures showed today. The number of mortgages approved for house purchase dropped to 31,767 during the month, down on July's 34,219 and a 16-month low, according to data from the British ... (Tue, 28 Sep 2010 05:24:13 -0700)

Lawmaker plans blanket mortgage modification bill
As many as 30 million homeowners would be able to refinance their mortgage at record low interest rates regardless of their income, credit history or loan-to-value ratio under a plan to be unveiled on Tuesday by a Democratic lawmaker. (Tue, 28 Sep 2010 08:36:59 -0700)

States Launch GMAC Wrongful Foreclosure Probes
Several state attorneys general have opened investigations into GMAC Mortgage’s foreclosure practices. Several of the attorneys general have ordered GMAC – the nation’s fourth largest home loan lender – to freeze foreclosures in their states. Earlier this month, GMAC Mortgage’s parent company, Ally Financial, announced it was suspending foreclosure evictions in 23 states. According to [...] (Tue, 28 Sep 2010 10:06:29 -0700)

Refinancing: What To Consider First
Mortgage rates are still at historic lows so many homeowners are thinking about refinancing. (Tue, 28 Sep 2010 10:10:09 -0700)

Refinance Bill Drastically Alters Market
In an effort to assist troubled homeowners, a California lawmaker plans to introduce legislation on Tuesday that would let just about anyone to refinance a mortgage. (Tue, 28 Sep 2010 10:13:37 -0700)

Lawmaker unveils mortgage modification bill
As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker. (Tue, 28 Sep 2010 13:50:05 -0700)

I-Team: Mortgage Help Not Helping
A CBS4 I-Team investigation into your money and the possible future of your home is raising questions about a Federal program designed to save underwater homeowners.  Experts say as many as twenty-two million Americans could see the value of their homes drop below the value of their mortgages in the next 2 years. (Tue, 28 Sep 2010 20:42:52 -0700)

Fitch to Stress Test Australian Mortgage Market Amid House Bubble Concerns
Fitch Ratings said it will stress test Australia’s mortgage market after house prices in the nation’s eight major cities rose by 18.4 percent in the year to June, prompting some commentators to warn of a bubble. (Wed, 29 Sep 2010 00:29:35 -0700)

August mortgage approvals dip
Mortgage approvals for house purchase fell to a seven-month low in August and net consumer credit unexpectedly contracted official data showed on Wednesday. (Wed, 29 Sep 2010 01:41:00 -0700)

Refinance to cover other debts
Q: My husband and I are buried in a large amount of credit card debt to the point that we are barely able to make the minimum monthly payments. Fortunately, we still have a very small mortgage relative to the value of our home. (Wed, 29 Sep 2010 01:46:09 -0700)

Instant View - August mortgage approvals dip
Mortgage approvals fell in August to their lowest since February and net consumer credit unexpectedly contracted Bank of England figures showed on (Wed, 29 Sep 2010 01:53:00 -0700)

U.K. Mortgage Approvals Fall as Housing Market Slows Amid State Cutbacks
U.K. mortgage lending fell for a fourth month in August, adding to signs the housing-market recovery is faltering as the prospect of budget cuts looms. (Wed, 29 Sep 2010 01:59:53 -0700)

Mortgage approvals dip as consumer lending falls
Mortgage approvals fell to a seven-month low in August and consumers unexpectedly paid back some of their debts official data showed on Wednesday in a further sign that the economic recovery may lose momentum. (Wed, 29 Sep 2010 02:10:00 -0700)

Cardoza bill offers help for homeowners
WASHINGTON -- Taxpayers would help financially strapped homeowners refinance their mortgages at lowe (Wed, 29 Sep 2010 02:13:35 -0700)

U.S. Mortgage Applications Index Falls Even as Rates Decline to Record Low
The number of mortgage applications in the U.S. declined last week for a fourth straight time, led by a drop in refinancing even as mortgage rates declined to the lowest on record. (Wed, 29 Sep 2010 04:29:45 -0700)

Home Loan Demand Down Despite Record Low Rates
The Mortgage Bankers Association said mortgage applications fell for a fourth straight week. (Wed, 29 Sep 2010 05:36:27 -0700)

SBI extends teaser home loan scheme by 3 mths
New Delhi, Sep 29 (PTI) Country's largest lender State Bank of India today said it will extend its 8 per cent concessional home loan scheme, popularly called teaser rates, by another 3 months till December. (Wed, 29 Sep 2010 05:40:34 -0700)

SBI extends teaser home loan till Dec
Country's largest lender State Bank of India on Wednesday said it will extend its 8 per cent concessional home loan scheme, popularly called teaser rates, by another 3 months till December. (Wed, 29 Sep 2010 06:13:44 -0700)

SBI extends teaser home loan scheme by 3 months
SBI extends teaser home loan scheme by 3 monthsSBI extends teaser home loan scheme by 3 months (Wed, 29 Sep 2010 06:30:34 -0700)

Fannie Mae offers housing aid to military families
Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member. (Wed, 29 Sep 2010 09:29:25 -0700)

Is Government About to Make Mortgage Market Even Worse?
Government purchase applications have been driving the market for the past year, accounting for, at times, nearly half of all new loans. That may be about to change. (Wed, 29 Sep 2010 10:18:03 -0700)

Mortgage rates fail to motivate buyers, owners
Consumers are practically shrugging off the lowest mortgage rates in history. (Wed, 29 Sep 2010 10:24:23 -0700)

LendingTree.com Weekly Mortgage Rate Pulse Reports Falling Rates
CHARLOTTE, N.C., Sept. 29 /PRNewswire/ -- Average mortgage rates dropped this week, according to the LendingTree Weekly Mortgage Rate Pulse , a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On September 28, average home loan rates offered by lenders on the LendingTree network fell week-over-week to 4.39 percent (4.6% APR) for 30-year fixed ... (Wed, 29 Sep 2010 12:09:05 -0700)

Fitch surveys mortgage servicers on foreclosures
Fitch Ratings said Wednesday it's asking mortgage servicers about their foreclosure practices in the wake of GMAC Mortgage LLC's recent disclosure of procedural errors. (Wed, 29 Sep 2010 12:23:02 -0700)

Mortgage Refinance Applications Decrease Despite Decline in Rates
RISMEDIA, September 30, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending September 24, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8% on a seasonally adjusted basis from… (Wed, 29 Sep 2010 13:53:02 -0700)

Habitat for Humanity of Smith County Receives AHP Grant to Support Its Emergency Home Repair Program
TYLER, Texas -- The Federal Home Loan Bank of Dallas is pleased to announce that it has awarded a $110,000 Affordable Housing Program grant to Habitat for Humanity of Smith County to support the second year of ReHabitat, its emergency home repair program. (Wed, 29 Sep 2010 14:13:53 -0700)

Money Watch Q & A: Mortgage Lending
Are you hoping to refinance your mortgage? We will talk about your options in tonight's "Money Watch Q & A". (Wed, 29 Sep 2010 14:41:25 -0700)

Rivard joins Fidelity Bank as VP and home loan specialist
LEOMINSTER – Fidelity Bank announces the hiring of Chad J. Rivard as Vice President, Home Loan Specialist, Financial Designer. Rivard will build and nurture client relationships in the area of home financing for mortgage and home equity lending via the Bank’s unique LifeDesign approach. He will serve Fidelity Bank at its Worcester office. read more (Wed, 29 Sep 2010 15:06:44 -0700)

China lifts home loan deposits to 30pc
CHINA has launched new moves to curb soaring property prices, ordering banks to impose a 30 per cent deposit on home loans. (Wed, 29 Sep 2010 15:40:26 -0700)

SBI extends teaser rates till Dec, to review deposit rates soon
Country's largest lender State Bank of India on Thursday said it would extend its 8% concessional home loan scheme, popularly called teaser rates, by another 3 months till December. (Wed, 29 Sep 2010 15:41:55 -0700)

GMAC Stops Foreclosure Evictions, Cites Problems with Affidavits
GMAC Mortgage, the fourth largest home loan lender in the US, has halted foreclosure evictions in 23 states and has disclosed that some of its employees had been allowed to sign affidavits without a notary present or without verifying that some information was true. GMAC is still investigating the scope of the problem. According to [...] (Wed, 29 Sep 2010 17:50:18 -0700)

More mortgage distress in the air
Price slide likely to continue as shadow inventory comes to light Several years after the foreclosure crisis hit the Chicago area, a quiet new storm of homeowner troubles is on the horizon. (Wed, 29 Sep 2010 19:42:13 -0700)

JPMorgan Suspending Mortgage Foreclosures
JPMorgan Chase is suspending more than 50,000 foreclosures as it reviews the legitimacy of legal documents, the second major company to take such action this month. (Wed, 29 Sep 2010 19:42:22 -0700)

Rates remain at record lows
Mortgage rates stayed low, but grouchy borrowers may be sabotaging their refinance dreams. (Thu, 30 Sep 2010 03:00:00 -0700)

Mortgage Rate Trend Index
Will rates go up, down or remain unchanged? Will rates rise or remain relatively unchanged? Experts and Bankrate analysts predict where mortgage rates are headed over the next week. (Thu, 30 Sep 2010 03:41:38 -0700)

Bankrate: Mortgage Rates Hit New Record Lows
Mortgage rates stayed at record lows this week, with the average conforming 30-year fixed mortgage remaining unchanged at 4.5 percent, according to Bankrate.com's weekly national survey. (Thu, 30 Sep 2010 04:30:00 -0700)

Congress holds mortgage limits at nearly $730K
WASHINGTON -- Congress has extended a policy that allows homeowners in pricey real estate markets to secure government-backed mortgages of nearly $730,000. Business - United States - Mortgage - Financial Services - Federal Housing Administration (Thu, 30 Sep 2010 07:19:43 -0700)

U.S. 30-Year Mortgage Rate Declines to Record 4.32%
Mortgage rates for fixed 30-year U.S. loans dropped for the first time in four weeks, matching a record low, as housing demand remains depressed. (Thu, 30 Sep 2010 07:29:35 -0700)

Mortgage rates match low of 4.32 percent
Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 20 years. (Thu, 30 Sep 2010 07:52:22 -0700)

US Mortgage Rates Fall; 30-Year Fixed Again At Record Low 4.32%
US Mortgage Rates Fall; 30-Year Fixed Again At Record Low 4.32% (Thu, 30 Sep 2010 07:56:16 -0700)

Mortgage Rates, Whirpool: Hot Trends
'Mortgage rates,' Whirpool, 'Robert Dudley BP,' 'U.S. real estate,' 'Fisher-Price recall,' and Warren Buffett are the trending topics on Google and Yahoo. (Thu, 30 Sep 2010 08:13:47 -0700)

Mortgage Rates Match Low of 4.32 Percent
Average rate for 30-year mortgages matches low of 4.32 pct.; 15-year lowest in 20 years Mortgage loan - Business - Tax rate - United States - Mortgages (Thu, 30 Sep 2010 08:28:48 -0700)

Mortgage rates setting record lows
The average Greater Cincinnati mortgage rates for 30- and 15-year fixed loans set fell to a new 25-year low again this week. Meanwhile, national mortgage rates for fixed 30-year loans dropped for the first time in four weeks, matching a record low, as housing demand remains depressed. (Thu, 30 Sep 2010 08:33:42 -0700)

Mortgage Rates Head Back Down To Historic Low
Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 20 years. Freddie Mac said the average rate for 30-year fixed loans fell to 4.32 percent, the lowest on records dating back to 1971. That's down from 4.37 percent the previous week. (Thu, 30 Sep 2010 09:25:18 -0700)

Mortgage Bonds Slump in U.S. as Policy Concern Trumps Analysis
Government-backed mortgage bonds are poised to underperform Treasuries this month by the most since the height of the global financial crisis, roiled by speculation about potential public policy changes and a wave of home refinancings spurred by record-low interest rates. (Thu, 30 Sep 2010 09:34:37 -0700)

Gimme Shelter
Walk into a home-loan office and ask if “overages” are charged, and veteran officers will immediately begin coughing or winding their watches. Younger representatives would have to be told that an overage is a creative manipulation of a loan’s yield spread premium, or YSP. (Thu, 30 Sep 2010 11:33:23 -0700)

Mortgage rates are down, raising the number of applicants – barely
Mortgage rates for 15-year fixed mortgages and 30-year fixed mortgages continue to plummet, but the number of mortgage applicants rose only 2.4 percent, remaining near the lowest it has been in a decade. (Thu, 30 Sep 2010 12:08:45 -0700)

Dudley TV ad slams Kitzhaber on home loan
Republican Chris Dudley hits Democrat John Kitzhaber hard with a TV ad questioning his ethics in the Oregon race for governor. (Thu, 30 Sep 2010 13:30:05 -0700)

Federal Home Loan Bank of San Francisco Releases August 2010 Cost of Funds Index
The Federal Home Loan Bank of San Francisco announced September 30, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index for August 2010 is 1.713%. The index for July 2010 was 1.753%. (Thu, 30 Sep 2010 15:31:00 -0700)

Officials announce campaign to combat home-loan scams
While Tennessee has so far avoided the rash of foreclosures affecting other states, area officials are still taking steps to combat one result of more homeowners in trouble — loan scams targeting Tri-Cities residents trying to save their homes. (Thu, 30 Sep 2010 19:14:13 -0700)

Mortgage help for homeowners
The You Paid For It team wants homeowners to know about several public events where HUD-certified housing counselors will be available to help with loan mod applications. (Thu, 30 Sep 2010 21:09:40 -0700)

Previous 1 2 3 4

---

May 2012 | Apr 2012 | Mar 2012 | 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