Mortgage News Jan 2009

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

Before you refinance, determine if it'll be worth it
If you are paying close to 6 percent interest or more on your mortgage, the recent drop in rates could warrant consideration of refinancing your loan. (Mon, 19 Jan 2009 13:17:14 GMT)

Mortgage rates: First-time buyers are missing out on low-cost deals
Nationalised bank Northern Rock announced today it was only passing on half of last week's interest rate cut to its variable rate mortgage customers. The lender is reducing its standard variable rate (SVR) by 0.25% to 5.09% with effect from 1 February; at the same time tracker mortgage customers will see their rates fall by the full 0.5%. Northern Rock said that in deciding how much ... (Mon, 19 Jan 2009 15:45:12 GMT)

First-time buyers squeezed as mortgage approvals hit new low
The average deposit put down by first-time buyers in November climbed to its highest level since records began, figures showed today, highlighting how difficult it has become for people to get on to the housing ladder. The Council of Mortgage Lenders (CML) said the average deposit put down by a first-time buyer had risen to 18% – the highest level in 35 years of available data. Falling ... (Mon, 19 Jan 2009 15:46:49 GMT)

Government rolls out mortgage rescue scheme
Thousands of families facing the threat of repossession can now apply for government help to stay in their homes, as a mortgage rescue scheme is rolled out across the whole of England. The £200m scheme allows vulnerable households to reduce their monthly mortgage payments by selling a share in their home to a housing association, or to sell the property to the association outright and ... (Mon, 19 Jan 2009 15:47:03 GMT)

Should I bother to get mortgage protection?
The government's plans to allow homeowners who are made redundant to put their mortgage interest payments on hold for up to two years may tempt some people to dismiss mortgage payment protection insurance (MPPI) as unnecessary. But consumer champions warn that homeowners who lose their jobs will be much better-off with this type of insurance than under the new government scheme, and should ... (Mon, 19 Jan 2009 15:51:53 GMT)

Broken mortgage charges 'avoidable'
Astronomical bank charges for breaking a mortgage can be avoided by not locking into fixed rates too far ahead, one mortgage broker says. (Mon, 19 Jan 2009 16:40:55 GMT)

Nationwide cuts mortgage rates
The Nationwide building society has cut the cost of its fixed rate mortgage deals by up to 1.00%. (Mon, 19 Jan 2009 17:48:53 GMT)

Bank offers lowest ever mortgage rate of 2.65pc
Home owners are being offering a new mortgage with a rate of just 2.65 per cent in what is understood to be one of the lowest ever deals. (Mon, 19 Jan 2009 19:51:08 GMT)

Arvest 2008 mortgage results defy national trends
Tulsa, OK., (January 13. 2009)—Arvest Bank today released results of its mortgage lending and servicing activities in 2008. For the sixth consecutive year, the bank originated more than $1 billion in new mortgage loans. (Mon, 19 Jan 2009 20:52:47 GMT)

Mortgage Licensing System Celebrates Anniversary
The Web-based licensing system began operations in January 2008, created to increase efficiency in mortgage regulation and enforcement. There are 22 states participating today, with an additional 25 states planning to enroll. (Mon, 19 Jan 2009 21:19:31 GMT)

Arvest 2008 mortgage results defy national trends
Arvest Bank recently released results of its mortgage lending and servicing activities in 2008. (Mon, 19 Jan 2009 21:41:47 GMT)

SP Setia’s latest 5/95 Home Loan package
SHAH ALAM: In the current difficult times, SP Setia Bhd has come up with a scheme to make it easier for buyers to own homes. (Mon, 19 Jan 2009 23:42:52 GMT)

Borrowers doubling down on mortgage applications
As mortgage interest rates continue to fall to new lows, a growing number of borrowers are applying to more than one lender to increase their chances of getting approved for refinancing. (Tue, 20 Jan 2009 00:29:10 GMT)

Rock set to boost mortgage lending
Northern Rock announced plans to halt the rapid winding down of its mortgage book yesterday, after it was given longer to pay back its £26bn loan to the Government as part of efforts to boost lending and the economy. (Tue, 20 Jan 2009 01:01:28 GMT)

Mortgage rates are at a historic low
Mortgate rates are at an all-time low, and that has many homeowners rushing to refinance. (Tue, 20 Jan 2009 01:55:10 GMT)

Before you refinance, determine if it'll be worth it
If you are paying close to 6 percent interest or more on your mortgage, the recent drop in rates could warrant consideration of refinancing your loan. (Tue, 20 Jan 2009 05:02:23 GMT)

Tell us about your refi
Have you taken advantage of the recent home mortgage refinance boom? If so, share your story with us as we work on an article for Sunday’s Moneywise section. Contact Carol Hazard at (804) 775-8023 or chazard@timesdispatch. com (Tue, 20 Jan 2009 05:13:45 GMT)

Federal Home Loan Banks may have to borrow from U.S.
Losses from mortgage-related investments are causing some banks' capital to fall close to or below required minimums. The banks say accounting rules make their situation look worse than it is. The mortgage crisis is seeping into one of the last dry corners of the mortgage business, the regional network of Federal Home Loan Banks, which provide U.S. banks with hundreds of billions of dollars ... (Tue, 20 Jan 2009 05:19:39 GMT)

Flagship Financial Offers Mortgage Brokers FHA Streamline Marketing and Customer Acquisition Techniques
Flagship Financial is rolling out a program for mortgage brokers who want to learn best practices for offering FHA streamline mortgages. The demand for streamline mortgages is high and Flagship brings marketing and expertise so their branches can capitalize on this market segment. (Tue, 20 Jan 2009 07:01:00 GMT)

Borrowers doubling down on mortgage applications
As mortgage interest rates continue to fall to new lows, a growing number of borrowers are applying to more than one lender to increase their chances of getting approved for refinancing. (Tue, 20 Jan 2009 07:44:10 GMT)

Dewan Housing top bidder for IDBI's home loan unit
Dewan Housing Finance has emerged as the front-runner to buy IDBI Bank's home finance subsidiary, IDBI Home Finance, having put the highest bid amongst the three shortlisted bidders. (Tue, 20 Jan 2009 07:55:57 GMT)

NatWest and RBS launch new fixed rate mortgage
UK-based National Westminster Bank and The Royal Bank of Scotland have launched a new fixed rate mortgage with an interest rate of 3.99% and a fee of GBP799. (Tue, 20 Jan 2009 07:56:01 GMT)

LV= enhances lifetime mortgage products
UK-based Retirement specialist LV= has enhanced its range of lifetime mortgage products by adopting an age-banded system to calculate interest rates. (Tue, 20 Jan 2009 08:01:03 GMT)

Citibank Turkey offers new loan alternatives for customers
Citibank Turkey has announced that it continues to extend its product range with new loan packages like health loan, marriage loan, home improvement loan and holiday loan. (Tue, 20 Jan 2009 08:02:03 GMT)

Flagship Financial Offers Mortgage Brokers FHA Streamline Marketing and Customer Acquisition Techniques
Flagship Financial is rolling out a program for mortgage brokers who want to learn best practices for offering FHA streamline mortgages. The demand for streamline mortgages is high and Flagship brings marketing and expertise so their branches can capitalize on this market segment. (PRWeb Jan 20, 2009) Read the full story at http://www.prweb.com/releases/FH (Tue, 20 Jan 2009 08:24:34 GMT)

Federal home-loan banks see capital piles shrinking
The mortgage crisis is seeping into one of the last dry corners of the mortgage business, the regional network of Federal Home Loan Banks... (Tue, 20 Jan 2009 08:58:40 GMT)

Second mortgage may derail refinance
A lender's refusal to subordinate a second mortgage may dash a homeowner's dreams of refinancing. (Tue, 20 Jan 2009 11:00:00 GMT)

The lowdown on getting a low down payment loan
The credit crunch has made it hard for anyone to get a loan these days - and borrowers who can only make a small down payment are facing even tougher odds. (Tue, 20 Jan 2009 12:04:51 GMT)

FSA bans and fines two brokers for mortgage fraud
The UKs Financial Services Authority, or FSA, has banned Richard Kennedy, a mortgage broker, and fined him GBP101,106 for submitting false mortgage applications. The FSA has also banned North London broker Moses Luzinda trading as Remos and Company for submitting false mortgage applications. (Tue, 20 Jan 2009 12:12:12 GMT)

Growing Residential Finance Corp. Seeks Employees at Columbus Career Fair
COLUMBUS, Ohio----Residential Finance Corporation , a nationwide mortgage lender specializing in refinance is seeking employees, and is offering jobs in sales, operations support, marketing and accounting at the Columbus Career Fair. (Tue, 20 Jan 2009 13:00:00 GMT)

Rate cut pressures as mortgage approvals dive
LONDON (Reuters) - Mortgage approvals fell in December to the lowest since at least 1999, Bank of England data showed on Wednesday, the strongest sign yet that house prices could fall sharply this year. (Tue, 20 Jan 2009 13:07:50 GMT)

Have The Right Mortgage For Your Dream Miami Real Estate Home
You do not just go to the Miami real estate market and look for a home without making sure of your finances. You have to search for a lender or mortgage broker and apply for a mortgage, that’s the best thing to do. (Tue, 20 Jan 2009 15:03:51 GMT)

Guardian Trust looks at closing $249 million mortgage fund
Guardian Trust has told investors it wants to close down its $249 million mortgage fund, six months after freezing withdrawals. The company will hold a meeting on February 4 to allow its 3700 investors to vote on a proposal to wind down the Guardian Mortgage Fund. (Tue, 20 Jan 2009 15:56:34 GMT)

Mortgage insurer MGIC posts smaller 4th-quarter loss but expects no profit this year
MGIC Investment Corp. posted a narrower fourth-quarter loss, but the mortgage insurer's loss was wider than Wall Street had forecast, and the (Tue, 20 Jan 2009 16:41:25 GMT)

Halifx launches two year fixed-rate mortgage deal at 2.99%
Britain's biggest mortgage lender today launched a two year fixed-rate deal of just 2.99%. Halifax, which is now part of Lloyds Banking Group, said it was the lowest rate it had ever offered. (Tue, 20 Jan 2009 17:22:55 GMT)

Halifax launches 2.99% mortgage
Britain's biggest mortgage lender has launched a two year fixed-rate deal of just 2.99%. Halifax, which is now part of Lloyds Banking Group, said it was the lowest rate it had ever offered. (Tue, 20 Jan 2009 17:48:51 GMT)

Arvest 2008 mortgage results defy national trends
Tulsa, OK., (January 13. 2009)—Arvest Bank today released results of its mortgage lending and servicing activities in 2008. For the sixth consecutive year, the bank originated more than $1 billion in new mortgage loans. (Tue, 20 Jan 2009 18:37:43 GMT)

Mortgage insurer MGIC posts smaller 4th-quarter loss but expects no profit this year
MGIC Investment Corp. posted a narrower fourth-quarter loss, but the mortgage insurer's loss was wider than Wall Street had forecast, and the (Tue, 20 Jan 2009 19:11:15 GMT)

Mortgage rates edge up, but stay below 5 percent
The average interest rate for a 30-year fixed-rate mortgage rose slightly last week, but remained under 5 percent, according to real estate Web site Zillow.com. (Tue, 20 Jan 2009 19:35:02 GMT)

Experts expect refinancing boom to continue
Bonnie and Sam Abrashoff talk with George Matthews, owner of A-1 Mortgage in Annapolis, at their Cape St. Claire home, which they are refinancing. (Tue, 20 Jan 2009 19:48:42 GMT)

Federal Home Loan Bank of Atlanta Announces New Advisory Council Members and Chairman
Federal Home Loan Bank of Atlanta announced today that it has appointed three new members and elected a new chairman to its Affordable Housing Advisory Council. (Tue, 20 Jan 2009 20:07:00 GMT)

Home-loan default notices spike at 121% in December
Notices of home-loan default in San Diego County spiked by 121 percent in December, dampening hopes that the housing market decline that began in 2005 is nearing its bottom. (Tue, 20 Jan 2009 20:16:01 GMT)

Are You Refinancing Your Mortgage?
NEWS CENTER's Kathleen Shannon is working on a story about refinancing your mortgage and is looking for homeowners who are considering or are in the process. (Tue, 20 Jan 2009 20:32:02 GMT)

Wells Fargo looking for help with mortgage deluge
By LAURA TODEOf The Gazette Staff Wells Fargo Financial is in the process of hiring between 200 and 300 people to help process a deluge of mortgage refinance applications brought on by a drop in lending interest rates. Mortgage rates are hovering at about 5 percent, and experts say they could drop even lower later this year. (Tue, 20 Jan 2009 20:44:00 GMT)

Wells Fargo looking for help with mortgage deluge
Wells Fargo Financial is in the process of hiring between 200 and 300 people to help process a deluge of mortgage refinance applications brought on by a drop in lending interest rates. Mortgage rates are hovering at about 5 percent, and experts say th ... (Tue, 20 Jan 2009 21:15:03 GMT)

Experts expect refinancing boom to continue
Bonnie and Sam Abrashoff talk with George Matthews, owner of A-1 Mortgage in Annapolis, at their Cape St. Claire home, which they are refinancing. (Wed, 21 Jan 2009 00:02:18 GMT)

Mortgage Companies Taking Too Long to Give Storm Damage Money
Mortgage companies are holding onto the insurance money so long that homeowners can't finish repairing their homes. And for many homeowners, waiting four months after the storm means more damages to their home. FOX 26’s Emily Akin reports. (Wed, 21 Jan 2009 00:26:34 GMT)

Home affordability best in four years
Homes are the most affordable they have been in four years but they are still unaffordable for many and credit rationing by banks isn't helping. This is the conclusion of the December Home Loan Affordability report from financial information website www.interest.co.nz , released as banks slash mortgage rates further. (Wed, 21 Jan 2009 00:35:38 GMT)

Home loan affordability improves
Plunging mortgage rates and another fall in house prices improved home loan affordability by a record amount in December to its best level in 4 years, the monthly Home Loan Affordability report from financial information website www.interest.co.nz shows. (Wed, 21 Jan 2009 01:02:54 GMT)

Standard Life Cash Fund Falls on Mortgage Assets, Guardian Says
Jan. 21 (Bloomberg) -- Standard Life Plc is writing to 97,000 customers to tell them that a cash fund has fallen in value because of investments in mortgage assets, the Guardian reported, without saying where it got the information. (Wed, 21 Jan 2009 03:18:44 GMT)

America's mortgage gap
WASHINGTON -- When it comes to homeownership, Hispanics in New Jersey, single parents in California and senior citizens in Rhode Island all have something in common: More than a third have an unaffordable mortgage. (Wed, 21 Jan 2009 05:02:04 GMT)

Loose Change: Is it time to refinance?
Loose Change: Is it time to refinance? (Wed, 21 Jan 2009 06:14:23 GMT)

Armored Home Savers Leads The Way In Loan Modification Services
An Advance Fee Agreement license has been issued to Irvine, CA based Armored Home Savers by the California Department of Real Estate (DRE). The agreement, which allows Armored Home Savers to retain a fee to mediate between homeowners and lenders, has only been granted to less than 100 of the over 150,000 real estate brokers in the state of California. (Wed, 21 Jan 2009 07:01:00 GMT)

Mortgage rates fall to new record low
WASHINGTON (AP) - Rates on 30-year fixed-rate mortgages fell to a record low for the second straight week, causing refinancing applications to surge to the highest level in more than five years, a month after the Federal Reserve pledged to channel billions to prop up the sinking U.S. housing market. (Wed, 21 Jan 2009 07:02:11 GMT)

Wells Fargo seeks mortgage-processing help
Wells Fargo is hiring 200 to 300 people to help process a deluge of mortgage refinance applications brought on by a drop in lending interest rates. (Wed, 21 Jan 2009 08:15:19 GMT)

Wells Fargo seeks mortgage-processing help
Wells Fargo is hiring 200 to 300 people to help process a deluge of mortgage refinance applications brought on by a drop in lending interest rates. Mortgage rates are hovering at about 5 percent, and experts say they could drop even more later this ye ... (Wed, 21 Jan 2009 08:17:19 GMT)

Refinance? First, see whether you will save
When mortgage rates fell below 5 percent last month, broker Jeff Perdue's phone lines lighted up as dozens of people tried to join the latest refinance boom. When the ringing stopped, only five were approved. (Wed, 21 Jan 2009 09:15:45 GMT)

Mortgage lending down by a third
Mortgage lending dived by 30% during 2008 to hit a six-year low as the credit crunch strangled the market, figures showed. A total of £256.4 billion was advanced during the year, the lowest annual figure since 2002 and down from £363.7 billion in 2007, the Council of Mortgage Lenders said. (Wed, 21 Jan 2009 10:03:31 GMT)

First Mortgage partners with 'The Wizard of Oz'
Some economists are predicting great home sales for 2009 just as other economists are predicting grim home sales, but one local mortgage company is taking action to try to stimulate the economy for itself and its potential client base. (Wed, 21 Jan 2009 10:13:52 GMT)

Mortgage lending down by a third
Mortgage lending dived by 30% during 2008 to hit a six-year low as the credit crunch strangled the market, figures showed today. A total of £256.4 billion was advanced during the year, the lowest annual figure since 2002 and down from £363.7 billion in 2007, the Council of Mortgage Lenders said. (Wed, 21 Jan 2009 10:22:55 GMT)

Refinances soar as mortgage rates dip
Thanks to falling mortgage interest rates, a Perrysburg homeowner suddenly has $230 a month extra to sock away in savings, pay bills, or splurge on a Cancun getaway. "Refinancings are up this year compared to last year," said mortgage broker Shane Marzullo, who got a client a 30-year, 4.75 percent interest rate that cut his house payment to $1,562 a month from $1,792. With interest rates on ... (Wed, 21 Jan 2009 11:02:17 GMT)

Mortgage lending drops 30 per cent to sixyear low
Mortgage lending dropped 30 per cent in 2008 to hit a sixyear low new figures revealed. (Wed, 21 Jan 2009 11:49:59 GMT)

UK Gross Mortgage Lending Tumbles In December
(RTTNews) - Gross mortgage lending in the UK decreased 11% month -on-month in December taking the annual decline to 47%, the Council of Mortgage Lenders or CML said Wednesday. Total value of gross mortgage lending reached an estimated GBP 12.6 billion, the lowest monthly figure since April 2001. (Wed, 21 Jan 2009 12:05:11 GMT)

The Mortgage Works introduces new fixed-rate buy-to-let products
The Mortgage Works, the lending subsidiary of the UK-based Nationwide Building Society, has launched several new fixed-rate buy-to-let products and reduced rates on some of its existing products. (Wed, 21 Jan 2009 12:11:33 GMT)

Mortgage Lending At Six-Year Low
Mortgage lending slumped by 30% last year to hit a six-year low. (Wed, 21 Jan 2009 12:36:00 GMT)

Mortgage holders play safe with rate cuts
THREE out of four mortgage holders are taking advantage of lower interest rates to pay off their mortgages faster, rather than instructing their bank to reduce their repayments so they can pocket the saving, according to a survey released today. (Wed, 21 Jan 2009 12:59:36 GMT)

Banks provide relief with mortgage cuts
Major banks are slicing mortgage rates shortly after the Bank of Canada cut its key lending rate to a historic low of 1 per cent (Wed, 21 Jan 2009 13:13:49 GMT)

Thinking of refinancing? Go to the back of the line
The mortgage refinancing teaser ads are starting to come on strong. Come on down to XYZ Mortgage and you'll walk out with a 5 percent rate. One problem: In most cases, the refinancing process doesn't work at warp speed. (Wed, 21 Jan 2009 17:00:41 GMT)

Not everyone can refinance to cut house payments
The average interest rate for a 30-year mortgage dipped below 5 percent last week, a level not seen since the Eisenhower administration. Not surprisingly, homeowners are scrambling to commemorate this historic event by refinancing their mortgages. (Wed, 21 Jan 2009 17:03:54 GMT)

More affordable to own a home
22 January 2009 Home loan affordability is the best it has been in four years, however, potential homeowners may strike problems when they try to get a loan. (Wed, 21 Jan 2009 17:40:57 GMT)

More affordable to own a home
22 January 2009 Home loan affordability is the best it has been in four years, however, potential homeowners may strike problems when they try to get a loan. (Wed, 21 Jan 2009 17:41:18 GMT)

Mortgage overpaying rises
Lloyds TSB reports more than 27,000 requests from customers to overpay their mortgage since November's sharp interest rate cut. (Wed, 21 Jan 2009 18:02:53 GMT)

Florida ranks No. 2 in mortgage-related layoffs
Florida ranked second in the nation in the number of mortgage-related layoffs last year, second only to California, according to employment data tracked by MortgageDaily.com (Wed, 21 Jan 2009 19:23:10 GMT)

Asia banks brace for loan loss fallout
Fears are rising that Asia’s banks face escalating loan losses and a fall in profitability as economies in the region struggle to come to grips with the rapid slowdown in global trade. (Wed, 21 Jan 2009 20:10:41 GMT)

Mortgage rates appeal to you? Talk to us
Mortgage interest rates are falling sharply in the Lower Hudson Valley, with borrowers finding rates of less than 5 percent at some banks. Is that enticing consumers to pull the trigger on the purchase of a new home in this market, or perhaps to refinance an existing mortgage? (Wed, 21 Jan 2009 20:14:18 GMT)

Mortgage holders play safe
Mortgage holders taking advantage of lower interest rates to pay off mortgages faster. (Wed, 21 Jan 2009 22:51:22 GMT)

Loan Solutions Offers a Cutting Edge Refinance Program
WEST PALM BEACH, Fla.----Loan Solutions, Florida’s Premier Mortgage HelpCenter, has announced a short refinance program designed to reduce homeowners’ principal balance and lower mortgage payments. (Wed, 21 Jan 2009 23:05:00 GMT)

4 charged in mortgage fraud scheme
Attorney General Mike Cox announced today that charges were filed against four individuals for their alleged roles in a million-dollar mortgage fraud scheme. (Wed, 21 Jan 2009 23:10:20 GMT)

Tight economy produces surge in refinancing
Homeowners looking to cut back monthly expenses are refinancing their mortgages to take advantage of low interest rates. (Wed, 21 Jan 2009 23:20:21 GMT)

Low Mortgage Rates: What it Takes to Capitalize on the Trend
Mortgage broker says a 740 FICO score is the new benchmark for the most-attractive rates. (Thu, 22 Jan 2009 00:10:38 GMT)

Mortgage-holders make the most of spare cash
Research by the Australian National Retailers Association has found three-quarters of mortgage-holders are making the most of lower interest rates to pay off their home loans faster. (Thu, 22 Jan 2009 00:59:51 GMT)

Countrywide Settlement Could Help Home Owners
The Attorney General's office made an announcement Wednesday that could keep thousands of New Mexicans in their homes. A Countrywide settlement resolved allegations that the home loan company used unfair and deceptive tactics to get borrowers loans they couldn't afford. (Thu, 22 Jan 2009 02:14:02 GMT)

Mortgage rates appeal to you? Talk to us
Mortgage interest rates are falling sharply in the Lower Hudson Valley, with borrowers finding rates of less than 5 percent at some banks. Is that enticing consumers to pull the trigger on the purchase of a new home in this market, or perhaps to refinance an existing mortgage? (Thu, 22 Jan 2009 02:44:27 GMT)

Home Loan Financial Corp. reports earning for quarter
Home Loan Financial Corp., the parent company of the Home Loan Savings Bank, has announced net income of $330,000, or 22 cents basic and diluted earnings per share, for the quarter ended Dec. 31, 2008. (Thu, 22 Jan 2009 03:09:35 GMT)

Three arraigned in million-dollar Macomb mortgage fraud
Three Metro Detroit residents were arrested and arraigned in a million-dollar mortgage fraud scheme, Attorney General Mike Cox's office said Wednesday. (Thu, 22 Jan 2009 03:25:38 GMT)

Builder Offers 3.99% Rate on Mortgage
Builder Toll Brothers is offering a 3.99% fixed mortgage rate for 30 years, one of the lowest available. (Thu, 22 Jan 2009 03:43:15 GMT)

PDIC tapping P14-b loan
Philippine Deposit Insurance Corp. is tapping a P14-billion loan from the Bangko Sentral to pay the deposit claims of banks closed in the past six weeks, banking sources said. (Thu, 22 Jan 2009 04:10:58 GMT)

Contact 2: Mortgage Crisis
A missed mortgage payment threw a Warrenton couple into a tailspin when their bank account was frozen. It’s the kind of financial turmoil that worries so many people in these tough economic times. But there is help out there for people who find themselves in financial turmoil. (Thu, 22 Jan 2009 04:23:02 GMT)

Loan Modifications Grew 422% In Utah While Foreclosures Sales Increased 359% - Home Values To Fall 30%
Home loan modifications in Utah surged 422% in the third quarter of 2008 rising from 239 to 1,247 over the same period of 2007,. At the same time foreclosure starts in Utah increased 107% from 1,584 to 3,281 in the third quarter of 2008 over the same period a year ago. Home prices are predicted to fall over 2009 and 2010. (Thu, 22 Jan 2009 07:01:00 GMT)

Eviction stopped amid mortgage lawsuit
Disabled and living on a fixed income, Magdalena Rios refinanced her Sanger home to get lower mortgage payments. (Thu, 22 Jan 2009 08:16:51 GMT)

Macomb County news briefs: 4 to face charges in mortgage fraud
Attorney General Mike Cox said Wednesday that charges were filed against four people accused of being involved in a million-dollar mortgage fraud scheme. (Thu, 22 Jan 2009 08:28:30 GMT)

Ruddock considers loan signings
Worcester Warriors director of rugby Mike Ruddock says he may have to bring in another loan player. (Thu, 22 Jan 2009 09:35:38 GMT)

Solving refinance challenges
Want to refinance? Here are tips to help you overcome negative equity, inadequate income or poor credit. (Thu, 22 Jan 2009 11:00:00 GMT)

Inflation fears send mortgage rates up
The 30-year fixed-rate mortgage rose to 5.59 percent in Bankrate's weekly survey. (Thu, 22 Jan 2009 11:00:00 GMT)

Solving refinance challenges
Homeowners with financial trouble wanting to refinance their mortgages to better refinance rates may be pleased to know there are still options out there for them. There are strategies available to help overcome challenges such as inadequate income, excessive debt, negative equity or poor credit. (Thu, 22 Jan 2009 11:44:36 GMT)

Mortgage rates up on inflation fears
Rates on home loans went up for only the second week since Halloween, as bond and mortgage traders began to worry that the economic stimulus package could bring inflation. (Thu, 22 Jan 2009 11:44:46 GMT)

US mortgage applications off with refi demand -MBA
NEW YORK, Jan 22(Reuters) - U.S. mortgage applications dropped last week, as a jump in home loan rates sapped demand for refinancing, the Mortgage Bankers Association said on Thursday. (Thu, 22 Jan 2009 12:17:39 GMT)

UPDATE: Week-To-Week Mortgage Applications Down 9.8%, MBA Says
LAS VEGAS (Dow Jones) -- The volume of mortgage applications filed last week dropped a seasonally adjusted 9.8% compared with the week before, as interest rates on fixed-rate mortgages rose, reversing their recent trend, the Mortgage Bankers Association said Thursday. (Thu, 22 Jan 2009 12:18:07 GMT)

Week-to-week mortgage applications down 9.8%, MBA says
Last week's mortgage applications drop a seasonally adjusted 9.8% from the prior week, as interest rates on fixed-rate mortgages reverse their recent trend and move higher, data compiled by the Mortgage Bankers Association show. (Thu, 22 Jan 2009 12:21:46 GMT)

Bankrate: Fixed Mortgage Rates Jump In Latest Week
Bankrate: Fixed Mortgage Rates Jump In Latest Week (Thu, 22 Jan 2009 13:47:03 GMT)

Mortgage Applications Slide Nearly 10 Percent
(RTTNews) - Industry data released on Thursday showed that mortgage application volume decreased almost 10 percent last week, as average interest rates increased across the board and the refinance index sank over 12 percent, coming off its highest level since 2003. (Thu, 22 Jan 2009 13:49:42 GMT)

Low Mortgage Rates: What it Takes to Capitalize on the Trend
Mortgage broker says a 740 FICO score is the new benchmark for the most-attractive rates. (Thu, 22 Jan 2009 15:15:14 GMT)

Mortgage applications drop as rates rebound
Jump in home loan rates weaken demand for refinancing, 30-year mortgage rates rise to 5.24% after hitting record low. (Thu, 22 Jan 2009 15:19:51 GMT)

Refinancing may not be an option for some
See what local lenders have to say about refinancing your home in this tough economy.  (Thu, 22 Jan 2009 15:27:20 GMT)

Freddie Mac Mortgage Benchmark Rate Back Up From Record Lows
Freddie Mac Mortgage Benchmark Rate Back Up From Record Lows (Thu, 22 Jan 2009 15:47:33 GMT)

Mortgage rates increasing
Don't pull the trigger just yet on your mortgage refinancing. (Thu, 22 Jan 2009 16:30:50 GMT)

U.S. home mortgage rates climb from record low
NEW YORK, Jan 22 (Reuters) - U.S. home loan rates climbed this week from record lows as the bond yields used to peg borrowing costs jumped to their highest levels in more than a month. (Thu, 22 Jan 2009 16:48:56 GMT)

Bolasie makes Barnet loan switch
Barnet sign teenage Plymouth Argyle winger Yannick Bolasie on a one-month loan deal, after his loan at Rushden expired. (Thu, 22 Jan 2009 18:01:17 GMT)

30-year mortgage rates rise after record run
Rates on 30-year mortgages rose above 5 percent this week, ending a five-week run at record low levels, Freddie Mac reported Thursday. Mortgage rates have been in decline since the Federal Reserve said in late November it would buy up to $500 billion in... (Thu, 22 Jan 2009 18:05:38 GMT)

Mortgage rates rise in week
WASHINGTON, Jan. 22 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages rose this week, but still remain comparatively low, the Federal Home Loan Mortgage Corp. said Thursday. (Thu, 22 Jan 2009 19:19:31 GMT)

SCBT to use new capital to support mortgage refinancing, student loan access
Through its sale of $64.8 million in stock to the U.S. Treasury, S.C. Bank and Trust will provide money to the S.C. Student Loan Corp. and help homeowners refinance mortgages, bank officials said. (Thu, 22 Jan 2009 19:19:57 GMT)

SCBT to use new capital to support mortgage refinancing, student loan access
Through its sale of $64.8 million in stock to the U.S. Treasury, S.C. Bank and Trust will provide money to the S.C. Student Loan Corp. and help homeowners refinance mortgages, bank officials said. (Thu, 22 Jan 2009 19:20:37 GMT)

Kiwibank Cuts One-Year Fixed Mortgage Lending Rate To 5.99%
WELLINGTON -(Dow Jones)- State-owned Kiwibank Ltd. Friday said it has cut its one-year fixed mortgage rate along with all other fixed home loan rates. (Thu, 22 Jan 2009 20:03:05 GMT)

Mortgage rates creep up
After 11 straight weekly declines, mortgage rates rose modestly this week. (FRE) (Thu, 22 Jan 2009 20:06:06 GMT)

Mortgage applications fell in week
The volume of applications for U.S. mortgages fell by a seasonally adjusted 9.8 percent last week, an industry group said.The Market Composite Index, which measures mortgage loan application volume, dropped from 1324.8 to 1195.31 in the week ending Jan. 16, the Mortgage Bankers Association said in a release Thursday.The Refinance Index also fell, dropping 12.4 percent to 6,491.8, the MBA ... (Thu, 22 Jan 2009 20:52:21 GMT)

Home Refinancing Decision Takes Some Care
Mortgage broker Anita Padilla, president of Megastar Holdings in Cherry Creek, is plenty busy with home refinancing negotiations. Many Coloradans are trying to save money right now by refinancing their mortgages. Rates have slipped below 5 percent, which used to be unheard of. So, when is it a good time to refinance? (Thu, 22 Jan 2009 22:19:14 GMT)

Fed Buys $19 Billion In Mortgage-backed Assets
Fed Buys $19 Billion In Mortgage-backed Assets (Thu, 22 Jan 2009 22:47:03 GMT)

Resorts Atlantic City defaults on mortgage
An Atlantic City casino owned by Meadowlands Xanadu developer Colony Capital has defaulted on its mortgage and may be taken over by its lender. (Thu, 22 Jan 2009 23:19:16 GMT)

Realty Q&A: Does it make sense to refinance now if a sale is planned later?
In May 2007, I refinanced to consolidate mortgage and home-equity loans. The new loan is an interest-only, five-year Libor ARM at 6.38% which will reset in June 2012. I am retired and hoping to sell within a year, but if values keep dropping I could be looking at a short sale. Now I'm being offered an opportunity to refi again into a 30-year fixed-rate loan at 4.88%. Is it really worth it? ... (Fri, 23 Jan 2009 01:06:46 GMT)

Major mortgage fraud case ends in dismissal of charges
Edmonton — A judge has quashed all but one count against an Edmonton lawyer charged in a multi-million-dollar mortgage fraud believed to be the largest ever in Alberta. (Fri, 23 Jan 2009 03:43:37 GMT)

Heads up: Mortgage rates climb
The average rate on 30-year mortgages climbed above 5 percent this week, ending a five-week streak of record low levels. Freddie Mac pegged the average at 5.12 percent, up from 4.96 percent last week. The average on a 15-year fixed mortgage rose from 4.65 percent to 4.8 percent. But five-year adjustable mortgages fell to 5.24 percent, the lowest level since September 2005, and one-year ... (Fri, 23 Jan 2009 05:02:47 GMT)

ShareChat News: The race to sub 6% home loan rates won
The race to get home loan rates below the 6.00% mark has been won by Kiwibank. As predicted here the banks would fight hard to get rates to the sub-6% mark. (Fri, 23 Jan 2009 05:04:37 GMT)

Mortgage firm holding one-day job fair
Mortgage settlement services provider ServiceLink will host a job fair next week to find more than 150 workers for its offices in Moon and Hopewell. (Fri, 23 Jan 2009 05:14:46 GMT)

Home loan tips
These clauses are overlooked by most home loan borrowers and some of them eventually end up paying interest rates (Fri, 23 Jan 2009 06:10:07 GMT)

BR lenders see slight uptick in mortgage inquiries
With mortgage rates hovering around 5 percent, local banks and credit unions are seeing an increase in refinancing inquiries but far fewer actual loan applications. (Fri, 23 Jan 2009 06:16:08 GMT)

Fed buys $19 billion in mortgage securities
The Federal Reserve bought $19 billion of Fannie Mae, Freddie Mac and Ginnie Mae mortgage securities under a program aimed at lowering home-loan rates. (Fri, 23 Jan 2009 07:50:09 GMT)

Refinancing home may not be worth it
If you are paying close to 6 percent interest or more on your mortgage, the recent drop in rates could warrant consideration of refinancing your loan. (Fri, 23 Jan 2009 09:07:50 GMT)

Mortgage rates rise to 5.12%
Long-term mortgage rates rose this week, reversing 11 straight weeks of declines, mortgage giant Freddie Mac said Thursday. (Fri, 23 Jan 2009 10:09:06 GMT)

4 accused of mortgage fraud
Four men are accused of mortgage fraud in which they illegally made more than $300,000 by selling two upscale homes at inflated values to a "straw" buyer. (Fri, 23 Jan 2009 11:30:20 GMT)

Two thirds of lenders fail to cut variable rate mortgage
Nearly two thirds of lenders have failed to announce cuts to their variable rate mortgage, two weeks after interest rates were slashed, figures showed today. (Fri, 23 Jan 2009 11:37:32 GMT)

Northern Rock eyes £10bn mortgage boost
Northern Rock is in line to receive an extra £10bn of government money to help the nationalised bank ramp up mortgage lending. (Fri, 23 Jan 2009 11:39:00 GMT)

Refinance? First, see whether you will save
When mortgage rates fell below 5 percent last month, broker Jeff Perdue's phone lines lighted up as dozens of people tried to join the latest refinance boom. When the ringing stopped, only five were approved. (Fri, 23 Jan 2009 11:59:50 GMT)

Lenders fail to cut mortgage rate
Nearly two thirds of lenders have failed to announce cuts to their variable rate mortgage, two weeks after interest rates were slashed, figures showed. (Fri, 23 Jan 2009 12:06:32 GMT)

U.S. MBA’s Mortgage Applications Index Dropped 9.8% Last Week
Jan. 22 (Bloomberg) -- Mortgage applications in the U.S. dropped last week, led by a slump in refinancing as borrowing costs jumped from a record low. (Fri, 23 Jan 2009 12:07:10 GMT)

U.S. MBA’s Mortgage Applications Index Dropped 9.8% Last Week
Jan. 22 (Bloomberg) -- Mortgage applications in the U.S. dropped last week, led by a slump in refinancing as borrowing costs jumped from a record low. (Fri, 23 Jan 2009 12:10:02 GMT)

U.S. MBA’s Mortgage Applications Index Dropped 9.8% Last Week
Jan. 22 (Bloomberg) -- Mortgage applications in the U.S. dropped last week, led by a slump in refinancing as borrowing costs jumped from a record low. (Fri, 23 Jan 2009 12:12:11 GMT)

Israel May Use U.S. Loan Backing for Gaza War Costs (Update1)
Jan. 22 (Bloomberg) -- The Gaza conflict may push Israel to use U.S. loan guarantees to help cover expenses that may rise to as high as 6 billion shekels ($1.5 billion), a former Finance Ministry official said. (Fri, 23 Jan 2009 12:32:59 GMT)

Woman sentenced for South Florida mortgage fraud
Prosecutors say a South Florida woman has been sentenced to more than 10 years in prison for her role in a scheme to obtain fraudulent mortgage loans on properties in Miami-Dade and Broward counties. (Fri, 23 Jan 2009 12:56:10 GMT)

Eight Tips for Landing a Mortgage
Washington is doing all it can to get money flowing again in the housing sector. At around 5%, 30-year mortgage rates are at levels that haven't been seen in, well, 30 years. (Fri, 23 Jan 2009 13:08:41 GMT)

Federal Home Loan Bank of Atlanta Names New Chief Information Officer
Federal Home Loan Bank of Atlanta today announced Robert C. Bennett has joined the Bank as chief information officer and senior vice president effective Jan. 12, 2009. (Fri, 23 Jan 2009 13:44:00 GMT)

Mortgage settlement company ServiceLink hiring 150 in Pittsburgh region
ServiceLink announced it is hiring 150 people in the Pittsburgh region. The mortgage settlement company, which is part of Fidelity National Financial Inc., is offering full-time positions to information technology professionals and entry to mid-level operations personnel. (FNF) (Fri, 23 Jan 2009 14:12:10 GMT)

Strategies to refinance those troubled loans
Homeowners with financial trouble wanting to refinance their mortgages to better rates may be pleased to know there are still options out there for them. There are strategies available to help overcome challenges such as inadequate income, excessive debt, negative equity or poor credit. ... (Fri, 23 Jan 2009 14:26:37 GMT)

Mortgage rates falling, but refinancing isn't easy
Mortgage rates hit stunning new lows last week, falling below 5 percent for the first time in decades. The stampede of refinance applications triggered when rates first starting tumbling in early December continues apace. (Fri, 23 Jan 2009 16:56:51 GMT)

Small Banks Move Into Mortgage Market as JPMorgan Fears to Lend
Jan. 23 (Bloomberg) -- Matthew Stubbs said the mortgage choice was easy when he bought his Seattle dream home: Pay less than 6 percent to locally based HomeStreet Bank, or a percentage point higher and $3,400 extra in fees to Wells Fargo & Co. (Fri, 23 Jan 2009 17:46:37 GMT)

Lugar salutes first cellulosic plant loan
WASHINGTON, Jan. 23 (UPI) -- A U.S. senator said Friday the first federal loan guarantee for a cellulosic ethanol plant was a signal that non-corn ethanol was becoming viable. (Fri, 23 Jan 2009 17:58:22 GMT)

Federal Home Loan Bank of Des Moines and North Dakota Department of Financial Institutions Execute Information-Sharing ...
DES MOINES, Iowa, Jan. 23, 2009 -- The Federal Home Loan Bank of Des Moines and the North Dakota Department of Financial Institutions announced today the signing of an information-sharing agreement aimed at enhancing communication. (Fri, 23 Jan 2009 20:14:18 GMT)

Ginnie Mae Offering Backstop on Mortgage Fraud, President Says
Jan. 23 (Bloomberg) -- Ginnie Mae, the U.S. agency that guarantees mortgage bonds, is seeking to help the federal insurance programs that feed its business catch fraud and other sources of potential losses, President Joseph Murin said. (Fri, 23 Jan 2009 20:18:55 GMT)

Ginnie Mae Offering Backstop on Mortgage Fraud, President Says
Jan. 23 (Bloomberg) -- Ginnie Mae, the U.S. agency that guarantees mortgage bonds, is seeking to help the federal insurance programs that feed its business catch fraud and other sources of potential losses, President Joseph Murin said. (Fri, 23 Jan 2009 20:25:12 GMT)

Run the Refinancing Numbers, Then Run Them Again
There?s more to consider in a refinancing loan than the advertised interest rate. (Fri, 23 Jan 2009 20:32:48 GMT)

Low Mortgage Rates: 7 Things You Need to Know to Refinance
Mortgage rates have declined sharply in recent months. Here's how to take advantage. (Fri, 23 Jan 2009 20:55:46 GMT)

Previous 1 2 3 4 5 6 7 Next

---

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

insurance finder | link | charity donation | website on elder care | pet memorial site | local plastic surgery | good alternative medicine site | medical malpractice lawyer | gift shopping resources | night clubs | personal finance | find auto dealers | website about home construction | here | UK business resources | mortgage site | find real estate agent online | home security online | a website for cosmetic surgery | Bankruptcy Law Guide | accounting directory | click here | addiction treatment centers | mortgage site | rental car site