Mortgage News Feb 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

Developer, mortgage banker to plead guilty in fraud case
A West Bend developer and a Pewaukee mortgage banker have agreed to plead guilty to bank fraud, according to federal court documents. (Wed, 04 Feb 2009 18:16:45 GMT)

The new rules of mortgage lending
If you're shopping for a mortgage these days, it's a whole new world out there. (Wed, 04 Feb 2009 18:41:55 GMT)

Feds file charges in 8 mortgage fraud cases
In marking the one-year anniversary of the Western Pennsylvania Mortgage Fraud Task Force, the U.S. attorney's office today announced charges in eight separate cases. (Wed, 04 Feb 2009 18:59:55 GMT)

Anworth Mortgage offers 8M shares of stock
Real estate investment trust Anworth Mortgage Asset Corp. said Wednesday it plans to make a public offering of 8 million shares of common stock. (Wed, 04 Feb 2009 20:00:07 GMT)

Mortgage Refinancing Change Faces Hurdles, FHFA Says (Update2)
Feb. 4 (Bloomberg) -- Homeowners with Fannie Mae and Freddie Mac mortgages bigger than their property’s worth must wait for the companies and their regulator to assess the possible “unintended consequences” of allowing them to refinance into lower payments and related “hurdles,” Federal Housing Finance Agency Director James Lockhart said. (Wed, 04 Feb 2009 20:29:38 GMT)

Mortgage applications rise in week
The volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 8.6 percent, an industry group said.The Market Composite Index, which measures mortgage loan application volume, rose from 732.1 to 795.4 in the week ending Jan. 30, the Mortgage Bankers Association said in a release Wednesday.The Refinance Index also increased, up 15.8 percent to 3,906.3, the MBA ... (Wed, 04 Feb 2009 20:38:21 GMT)

Neshanic Station man admits involvement in $20 million mortgage scheme
A Neshanic Station man pleaded guilty today in federal court for involvement in a conspiracy that defrauded hundreds of investors and mortgage lenders of more than $20 million, according to a report on mycentraljersey.com. Anthony Natale, 44, is the latest... (Wed, 04 Feb 2009 20:41:45 GMT)

Mortgage Refinancing Change Faces Hurdles, FHFA Says (Update3)
Feb. 4 (Bloomberg) -- Homeowners with Fannie Mae and Freddie Mac mortgages bigger than their property’s worth must wait for the companies and their regulator to assess the possible “unintended consequences” of allowing them to refinance into lower payments and related “hurdles,” Federal Housing Finance Agency Director James Lockhart said. (Wed, 04 Feb 2009 22:30:21 GMT)

Mortgage Refinancing Change Faces Hurdles, FHFA Says (Update3)
Feb. 4 (Bloomberg) -- Homeowners with Fannie Mae and Freddie Mac mortgages bigger than their property’s worth must wait for the companies and their regulator to assess the possible “unintended consequences” of allowing them to refinance into lower payments and related “hurdles,” Federal Housing Finance Agency Director James Lockhart said. (Wed, 04 Feb 2009 22:31:44 GMT)

Mortgage firm accuses founder of fraud
WAUWATOSA, Wis., Feb. 4 (UPI) -- A major Wisconsin mortgage banking firm has accused its founder and other top executives of defrauding it out of at least $15 million, court documents show. (Thu, 05 Feb 2009 00:34:20 GMT)

Local Mortgage Brokers, Appraisers Indicted
They knowingly put people into houses they couldn't hope to afford.  Corrupt mortgage brokers, appraisers and closing attorneys greased the skids for the massive numbers of sheriff sales, foreclosures and evictions in the U.S. (Thu, 05 Feb 2009 01:39:19 GMT)

UPDATE:Sen Martinez Proposes Payments For Mortgage Servicers
WASHINGTON -(Dow Jones)- Senators are attempting to craft a compromise on a measure that could allow mortgage servicers to receive monthly incentives for modifying mortgages. (Thu, 05 Feb 2009 01:48:04 GMT)

National Bank cuts fixed mortgage rate
The National Bank unveiled further cuts to its fixed mortgage rates today. The one-year fixed rate is being reduced by 20 basis points to 5.79 per cent. (Thu, 05 Feb 2009 04:52:07 GMT)

Santander's Abbey grabs a third of UK mortgage market
Lender Abbey, owned by Spain's Santander , seized almost a third of the UK's shrinking mortgage market in 2008 when rivals curtailed lending in a bid to protect their fragile balance sheets. (Thu, 05 Feb 2009 09:36:00 GMT)

Realty Mortgage can't pay employees
About 300 Realty Mortgage Corp. employees in several states are without jobs and may not be paid Friday after Countrywide Loans froze the company's line of credit, a company executive said. (Thu, 05 Feb 2009 09:38:36 GMT)

What to know before you refinance
Ready to refi? Crunch these numbers before applying for and choosing your new mortgage. (Thu, 05 Feb 2009 11:00:00 GMT)

What to know before you refinance
The most fundamental consideration in whether a homeowner should refinance an existing mortgage is the break-even point that represents how soon the cost of the refinance will be recaptured through lower monthly payments. (Thu, 05 Feb 2009 11:44:40 GMT)

Mortgage rates remain below 6 percent
Before last Thanksgiving, most borrowers would have been delighted to get a mortgage below 6 percent. Now they're getting picky. (Thu, 05 Feb 2009 11:44:49 GMT)

Is now the time to refinance?
SALT LAKE CITY (ABC4 News) - If you own a home, odds are you've been asking yourself is now is a good time to refinance. (Thu, 05 Feb 2009 12:25:41 GMT)

Leasing or Bank Loan in 2009? - Trends and challenges -
Home » Print ed. » Bucharest AM » Leasing or Bank Loan in 2009? - Trends and challenges - (Thu, 05 Feb 2009 12:28:17 GMT)

Abbey's mortgage share rockets
LONDON (SHARECAST) - Mortgage lender Abbey , owned by Spain's Santander, has snatched more than a quarter of the market for UK mortgages as rivals cut back and retrench. (Thu, 05 Feb 2009 12:30:40 GMT)

Four mortgage lenders pass on full rate cut
Four of the UK's biggest mortgage lenders today said they would be passing on the latest interest rate cut in full to their variable rate customers. (Thu, 05 Feb 2009 12:30:49 GMT)

17 charged in Pittsburgh-area mortgage fraud cases
Federal prosecutors in Pittsburgh are marking the first anniversary of the Western Pennsylvania Mortgage Fraud Task Force by charging 17 people with the crime. (Thu, 05 Feb 2009 12:44:08 GMT)

New mortgage fee matrix real doozy
Auto insurance premiums are based on risk. Increasingly, so are mortgage interest rates. (Thu, 05 Feb 2009 13:44:06 GMT)

American Home Mortgage buys servicing rights from Citi
NEW YORK -- Citigroup Inc.'s residential lending unit has sold servicing rights on 185,000 loans to American Home Mortgage Servicing Inc. for $1.5 billion. The deal essentially transfers the loan modification duties on that particular portfolio to American Home Mortgage... (Thu, 05 Feb 2009 14:34:40 GMT)

Citigroup Sells Mortgage Rights to WL Ross for $1.5 Billion
Feb. 5 (Bloomberg) -- Citigroup Inc., the bank that accepted a $346 billion bailout package, agreed to sell servicing rights on 185,000 loans to Wilbur Ross ’s American Home Mortgage Servicing Inc. for $1.5 billion. (Thu, 05 Feb 2009 14:57:52 GMT)

Freddie Mac: Average Mortgage Rate Rises On Economic Data
Freddie Mac: Average Mortgage Rate Rises On Economic Data (Thu, 05 Feb 2009 16:00:55 GMT)

Citigroup Sells Mortgage Rights to Wilbur Ross (Update1)
Feb. 5 (Bloomberg) -- Citigroup Inc., paring assets after accepting a $346 billion U.S. government bailout package, agreed to sell servicing rights on 185,000 loans to Wilbur Ross ’s American Home Mortgage Servicing Inc. for $1.5 billion. (Thu, 05 Feb 2009 16:27:07 GMT)

Mortgage rates hit six week high
Mortgage rates rose over the past week, pushing the cost of borrowing to its highest level since Christmas. And volatility is expected to continue as the debate over the economic stimulus plan continues. (Thu, 05 Feb 2009 17:27:26 GMT)

Fixed Mortgage Rate Rises to 5.25%, Freddie Mac Says (Update2)
Feb. 5 (Bloomberg) -- The average U.S. rate on a 30-year fixed mortgage rose this week, thwarting Federal Reserve efforts to cut borrowing costs, on investor concern the government will increase spending. (Thu, 05 Feb 2009 17:41:15 GMT)

U.S. mortgage rates at highest level since December
U.S. mortgage rates jumped to their highest levels since December in the latest week, complicating government efforts to bring mortgage rates down to levels that will spur demand and help the hard-hit housing market begin to recover. (Thu, 05 Feb 2009 18:06:25 GMT)

Citigroup Sells Mortgage Rights to Wilbur Ross Unit (Correct)
(Corrects value of loans in the second paragraph.) Feb. 5 (Bloomberg) -- Citigroup Inc., paring assets after accepting a $346 billion U.S. government bailout package, agreed to sell servicing rights on 185,000 loans to Wilbur Ross ’s American Home Mortgage Servicing Inc. for $1.5 billion. (Thu, 05 Feb 2009 18:12:18 GMT)

Mortgage Rates Rise to Pre-Christmas Levels
Mortgage rates rose slightly but remain at historically low levels (Thu, 05 Feb 2009 18:30:35 GMT)

Fannie Mae to Loosen Rules for Home-Loan Refinancing (Update2)
Feb. 5 (Bloomberg) -- Fannie Mae , the mortgage-finance company under U.S. government control, will loosen rules for homeowners seeking to lower their loan payments by refinancing. (Thu, 05 Feb 2009 18:56:56 GMT)

Fannie Mae to Loosen Rules for Home-Loan Refinancing (Update2)
Feb. 5 (Bloomberg) -- Fannie Mae , the mortgage-finance company under U.S. government control, will loosen rules for homeowners seeking to lower their loan payments by refinancing. (Thu, 05 Feb 2009 19:12:40 GMT)

Mortgage rates rise a bit
After falling to historic lows, mortgage rates are creeping higher. (Thu, 05 Feb 2009 20:55:05 GMT)

Michigan 'Extreme Makeover: Home Edition' family gets break on loan
OAK PARK, Mich. - A renegotiated mortgage will give a Michigan family a better chance of staying in their home, which was refurbished on TV's "Extreme Makeover: Home Edition." (Thu, 05 Feb 2009 22:10:44 GMT)

Bhatt says home loan rate cut won’t affect margins
State Bank of India’s chairman OP Bhatt has sought to reassure analysts that the bank margins would remain unaffected by its decision to cut home loan rates to 8%. (Thu, 05 Feb 2009 22:36:09 GMT)

Citigroup Sells Mortgage Rights to Wilbur Ross Unit (Update2)
Feb. 5 (Bloomberg) -- Citigroup Inc., paring assets after accepting a $346 billion U.S. government bailout package, agreed to sell servicing rights on 185,000 loans to Wilbur Ross ’s American Home Mortgage Servicing Inc. for $1.5 billion. (Thu, 05 Feb 2009 22:42:02 GMT)

Democrats defeat GOP plan on mortgage rates
A plan by Republicans in the Senate aimed at pushing mortgage rates lower has gone down to defeat at the hands of Democrats. The plan by Nevada Republican John Ensign would have encouraged banks to issue mortgages with interest rates of 4 to 4.5 percent. The government-controlled mortgage giants Fannie Mae and Freddie Mac would have bought the mortgages on the secondary market. Jumbo loans ... (Thu, 05 Feb 2009 23:43:10 GMT)

Senate Defeats GOP Discount Mortgage Loan Proposal
WASHINGTON -(Dow Jones)- Democratic Senators voted down a Republican proposal that would have created a federally-subsidized discount mortgage rate in a bid to kick-start the flagging U.S. housing market. (Thu, 05 Feb 2009 23:48:30 GMT)

Refinancing could get easier under new rules
Mortgage giant Fannie Mae is making it easier for existing customers to refinance. (Fri, 06 Feb 2009 00:18:39 GMT)

Democrats defeat GOP plan on mortgage rates
A plan by Republicans in the Senate aimed at pushing mortgage rates lower has gone down to defeat at the hands of Democrats. (Fri, 06 Feb 2009 02:24:22 GMT)

Mortgage rates rise despite the Fed's efforts to push them down
Even as the Fed has continued to buy billions of dollars' worth of mortgage-backed bonds each week, home loan rates are at their highest level since mid-December. The Federal Reserve is trying to push mortgage rates down. But the marketplace has other ideas. (Fri, 06 Feb 2009 04:30:14 GMT)

Fannie Mae to Loosen Refinancing Rules
Fannie Mae will loosen rules for homeowners seeking to lower their mortgage payments by refinancing. (Fri, 06 Feb 2009 05:00:00 GMT)

Mortgage rates rise, defying Fed's efforts to slash them
The Federal Reserve is trying to push mortgage rates down. But the marketplace has other ideas. (Fri, 06 Feb 2009 07:15:14 GMT)

Informant in one of nation's biggest mortgage scams flees
Garret Griffith Gililland III is believed to have fled the country. Christopher J. Warren, associate turned informant, fled on Monday. After trying to publicize his role in what authorities describe as one of the nation's biggest mortgage and investment swindles, a government informant and self-proclaimed insider has fled the Sacramento area. "It was an incredibly idiotic thing to ... (Fri, 06 Feb 2009 08:21:51 GMT)

Club’s new mortgage holder still a mystery
WOODBRIDGE — It’s been almost six days since a mysterious buyer swooped in and purchased the Woodbridge Country Club’s $5 million mortgage. (Fri, 06 Feb 2009 08:22:25 GMT)

UPDATE 1-Thai Siam Comm Bank raises '09 loan growth target
BANGKOK, Feb 6 (Reuters) - Siam Commercial Bank, Thailand's third-largest lender, said on Friday it had raised its 2009 loan growth target to 5-7 percent from 3-5 percent as big customers were opting to borrow at home rather than abroad. (Fri, 06 Feb 2009 09:48:24 GMT)

Senate rejects low-rate mortgage plan
WASHINGTON -- An offer by Republicans for the government to arrange bargain mortgage loans carrying 4 percent interest rates for millions of homeowners as a way to boost the economy was rejected in the U.S. Senate on Thursday. (Fri, 06 Feb 2009 10:32:00 GMT)

Deducting mortgage loan points
Don't overlook the points you paid to get a lower mortgage rate. They can be a useful tax break. (Fri, 06 Feb 2009 11:00:00 GMT)

Realty Mortgage has line of credit frozen
Officials say one of the largest privately owned mortgage companies in Mississippi has laid off about 300 employees in several states after Countrywide Financial Corp. froze its line of credit this week. (Fri, 06 Feb 2009 11:06:47 GMT)

Arrests over £3m mortgage fraud
Eight people are arrested on suspicion of being involved in a £3m mortgage fraud. (Fri, 06 Feb 2009 12:22:56 GMT)

What you must know before refinancing
The most fundamental consideration in whether a homeowner should refinance an existing mortgage is the break-even point that represents how soon the cost of the refinance will be recaptured through lower monthly payments. ... (Fri, 06 Feb 2009 13:25:26 GMT)

Democrats defeat GOP plan on mortgage rates
A plan by Republicans in the Senate aimed at pushing mortgage rates lower has gone down to defeat at the hands of Democrats. (Fri, 06 Feb 2009 13:57:13 GMT)

Home show begins today at Expo Center
Doors open at noon today on the annual HBA Home Show at the Springfield Expo Center, packed with hundreds of vendors and ideas for improving your home, or getting a loan for the one you want. (Fri, 06 Feb 2009 14:14:52 GMT)

Mortgage rates rise a bit
After falling to historic lows, mortgage rates are creeping higher. (Fri, 06 Feb 2009 15:15:03 GMT)

Home Buyers Flock To Little-Known Loan Program
With tightened credit markets strangling the supply of home loans, a growing number of buyers in the Tampa Bay area have turned for help to an obscure program run by the U.S. Department of Agriculture. (Fri, 06 Feb 2009 15:20:52 GMT)

Miss. mortgage company has line of credit frozen
Officials say one of the largest privately owned mortgage companies in Mississippi has laid off about 300 employees in several states after Countrywide Financial Corp. froze its line of credit this week. (Fri, 06 Feb 2009 17:08:27 GMT)

Homeowners refinance at lower mortgage rates
When California state employee Tim McManus peers into the future, he sees 4.5 percent interest. (Fri, 06 Feb 2009 17:11:52 GMT)

2 affordable home projects get $1.23M
Federal Home Loan Bank of Atlanta awarded more than $9.2 million to fund 18 affordable housing developments in Florida. (Fri, 06 Feb 2009 17:43:23 GMT)

Despite Rush To Refinance Mortgages, Many Don't Qualify
Morris isn't the only one checking into refinancing. Refinance applications increased 15.8 percent in the past week, according to the Mortgage Banker's Association. (Fri, 06 Feb 2009 18:01:55 GMT)

Spain Government Extends Deferred Mortgage Payments Measure
MADRID (AFP)--Spain's socialist government announced Friday it had extended a mortgage moratorium for out-of-work homeowners in a bid to stem foreclosures. (Fri, 06 Feb 2009 19:49:40 GMT)

Lessons Learned: The bi-weekly mortgage payment
Lessons Learned/Feb. 7/The bi-weekly mortgage payment: Faux or real strategies? Even as I warmed myself in the afterglow of refinancing of our home mortgage — to capture a historically-low loan rate — several predatory marketing letters arrived in the mail. (Fri, 06 Feb 2009 20:34:12 GMT)

4% mortgage-rate plan scrapped
Democrats kill GOP proposal for 4% mortgage rates. (Fri, 06 Feb 2009 20:52:47 GMT)

Mortgage Prepayments Rise as Rates Spur Refinancing (Update2)
Feb. 6 (Bloomberg) -- Prepayments on mortgages backing Fannie Mae , Freddie Mac and Ginnie Mae securities jumped last month as tumbling home-loan rates spurred refinancing . The speeds were slower than some analysts expected. (Fri, 06 Feb 2009 21:45:51 GMT)

Sell Prime-Jumbo Mortgage Securities, Amherst Says (Update1)
Feb. 6 (Bloomberg) -- Investors should sell prime-jumbo mortgage bonds trading at the highest prices because they may lose their top ratings as home prices fall , reducing their value to banks and insurers, Amherst Securities Group LP analysts said. (Fri, 06 Feb 2009 23:00:18 GMT)

CORRECTION: Feb. 5 American Home Mortgage story
In a story Feb. 5 about Citigroup's residential lending unit, The Associated Press erroneously reported that Citigroup Inc. sold servicing rights on a loan portfolio to American Home Mortgage Servicing Inc. for $1.5 billion. American Home Mortgage Servicing says the dollar amount is not the outright sale price; rather, most of the $1.5 billion includes advances American Home Mortgage is making ... (Fri, 06 Feb 2009 23:03:13 GMT)

CORRECTION: Feb. 5 American Home Mortgage story
In a story Feb. 5 about Citigroup's residential lending unit, The Associated Press erroneously reported that Citigroup Inc. sold servicing rights on a loan portfolio to American Home Mortgage Servicing Inc. for $1.5 billion. (Fri, 06 Feb 2009 23:48:48 GMT)

CORRECTION: Feb. 5 American Home Mortgage story
In a story Feb. 5 about Citigroup's residential lending unit, The Associated Press erroneously reported that Citigroup Inc. sold servicing rights on a loan portfolio to American Home Mortgage Servicing Inc. for $1.5 billion. American Home Mortgage Servicing... (Fri, 06 Feb 2009 23:51:07 GMT)

Calif. fugitive charged in $100M mortgage fraud
Federal prosecutors said Friday that they charged a suspect in a $100 million mortgage fraud and investment scheme that spanned five states after he fled the country in a private jet this week. Read comments (Sat, 07 Feb 2009 00:33:22 GMT)

Calif. fugitive charged in $100M mortgage fraud
Federal prosecutors said Friday that they charged a suspect in a $100 million mortgage fraud and investment scheme that spanned five states after he fled the country in a private jet this week. Assistant U.S. attorneys Matt Stegman and Russell Carlberg said... (Sat, 07 Feb 2009 00:51:17 GMT)

Clearing the Hurdles in Front of a Low-Rate Refinance
As 30-year mortgages continue to hover around the 5 percent mark, interest in refinancing has remained high. (Sat, 07 Feb 2009 01:48:16 GMT)

N.Y. Attorney Convicted of Mortgage Fraud
The bogus world of a New York attorney who built a profitable business on title insurance while earning high fees on real estate closings came crashing down on Friday as a federal jury convicted him in a subprime mortgage scam. Alexander M. Kaplan's defense lawyer argued that Kaplan was "played for a dummy" by the "ringleader" of the scam. But prosecutors persuaded the jury that Kaplan played a ... (Sat, 07 Feb 2009 01:48:27 GMT)

Important things to know before you refinance
The most fundamental consideration in whether a homeowner should refinance an existing mortgage is the break-even point, which represents how soon the cost of the refinance will be recaptured through lower monthly payments. But while the break-even point is easy enough to calculate, other factors may also influence your decision and, if it's a go, the type of loan you'll select. (Sat, 07 Feb 2009 01:55:04 GMT)

Tell us if you're having trouble getting a loan
Dear Reader » Are you having a more difficult time getting financing during the nation's economic crisis? Did your lender say you don't qualify when you tried to refinance your home loan to take advantage of lower interest rates? (Sat, 07 Feb 2009 03:57:24 GMT)

Worry-Free Mortgage Plan Protects Buyers
A local mortgage broker said she's trying to take some uncertainty out of home buying in the down economy. (Sat, 07 Feb 2009 04:22:56 GMT)

CORRECTION: Feb. 5 American Home Mortgage story
NEW YORK   (AP)—In a story Feb. 5 about Citigroup’s residential lending unit, The Associated Press erroneously reported that Citigroup Inc. sold servicing rights on a loan portfolio to American Home Mortgage Servicing Inc. for $1.5 billion. American Home Mortgage Servicing says the dollar amount is not the outright sale price; rather, most of the $1.5 billion includes advances American Home ... (Sat, 07 Feb 2009 05:12:32 GMT)

Lessons Learned: The bi-weekly mortgage payment
Lessons Learned/Feb. 7/The bi-weekly mortgage payment: Faux or real strategies? Even as I warmed myself in the afterglow of refinancing of our home mortgage — to capture a historically-low loan rate — several predatory marketing letters arrived in the mail. (Sat, 07 Feb 2009 06:34:32 GMT)

Enhanced VA mortgage options now available for Veterans
There are now potential benefit to those veterans in financial distress. Veterans with conventional home loans now have new options for refinancing to a Department of Veterans Affairs (VA) guaranteed home loan. These new options are available as a result of the Veterans’ (Sat, 07 Feb 2009 09:18:01 GMT)

More mortgage meltdown misery
The US economy is poised to be smacked by another wave of mortgage defaults that could cause as much damage as the subprime meltdown. (Sat, 07 Feb 2009 10:06:30 GMT)

To critics' dismay, Congress — and Obama — set to give judges power to modify home loans
Wherever you come down on the griddle-hot issue of home mortgage "cramdowns," the reality is this: Congress is poised to pass legislation empowering bankruptcy-court judges to reduce the loan balances of potentially large numbers of financially distressed owners to affordable levels, and to lower their interest rates and monthly payments. (Sat, 07 Feb 2009 10:08:47 GMT)

Before you refinance ...
The most fundamental consideration in whether a homeowner should refinance an existing mortgage is the break-even point that represents how soon the cost of the refinance will be recaptured through lower monthly payments. But while the break-even point... (Sat, 07 Feb 2009 11:07:42 GMT)

Police smash £3m mortgage scam
FRAUD detectives revealed last night they have smashed an audacious and sophisticated mortgage scam and identity theft ring which has netted criminals more than £3m. (Sat, 07 Feb 2009 11:12:51 GMT)

Lawmakers, industry object to merging mortgage and finance divisions
awmakers on Friday questioned the wisdom of the governor's plan to merge the Financial Institutions and Mortgage Lending divisions when Nevada has the nation's worst foreclosure rate. (Sat, 07 Feb 2009 12:07:39 GMT)

Lawmakers question merging mortgage and finance divisions
Lawmakers on Friday questioned the wisdom of the governor's plan to merge the Financial Institutions and Mortgage Lending divisions when Nevada has the nation's worst foreclosure rate. (Sat, 07 Feb 2009 12:08:00 GMT)

Mortgage foreclosures drive Collier court case load up to record levels
Collier County Circuit Court set a record last year, topping 10,000 lawsuits filed due to a huge increase in mortgage foreclosures. “We actually had to change our computer systems to handle it,” Collier Clerk of Circuit Court Dwight Brock said of tracking more than 10,000 filings, the number the computer system could track. “The only reason we had to do it was mortgage foreclosures.” (Sat, 07 Feb 2009 18:16:19 GMT)

Mortgage foreclosures drive Collier court case load up to record levels
Collier County Circuit Court set a record last year, topping 10,000 lawsuits filed due to a huge increase in mortgage foreclosures. “We actually had to change our computer systems to handle it,” Collier Clerk of Circuit Court Dwight Brock said of tracking more than 10,000 filings, the number the computer system could track. “The only reason we had to do it was mortgage foreclosures.” (Sat, 07 Feb 2009 18:18:05 GMT)

Wtf is a "Green Mortgage"?
This is a discussion on Wtf is a "Green Mortgage"? within the Economy forums, part of the Topical Discussion category on Politics.ie . Uk under Madelson and Milliband is looking at the Green economy to provide 1 Million jobs over next 10 years ... (Sat, 07 Feb 2009 21:11:29 GMT)

Mortgage help draws crowds to Conn.'s Gold Coast
Hundreds of people trying to save their homes from foreclosure flocked to Connecticut's wealthy Gold Coast on Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. (Sat, 07 Feb 2009 21:55:11 GMT)

Mortgage help draws crowds to Conn.'s Gold Coast
Hundreds of people trying to save their homes from foreclosure flocked to Connecticut's wealthy Gold Coast on Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. (Sat, 07 Feb 2009 22:55:31 GMT)

Mortgage assistance draws crowds to Conn. forum
Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. The "Save the Dream" forum, coordinated by the nonprofit community advocacy group Neighborhood Assistance Corp. of America (NACA), was expected to draw several hundred ... (Sat, 07 Feb 2009 23:59:00 GMT)

Mortgage assistance draws crowds to Conn. forum
Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. (Sat, 07 Feb 2009 23:59:29 GMT)

Mortgage assistance draws crowds to Conn. forum
Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. The "Save the Dream" forum, coordinated by the nonprofit community advocacy group Neighborhood Assistance Corp. of America (NACA), was expected to draw several hundred more people ... (Sun, 08 Feb 2009 00:12:21 GMT)

Mortgage assistance draws crowds to Conn. forum
(The Associated Press) Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. The "Save the Dream" forum, coordinated by the nonprofit community advocacy group Neighborhood Assistance Corp. of America (NACA), was expected to draw ... (Sun, 08 Feb 2009 00:15:36 GMT)

Investor battles loan company
For years, Californian Michael Pines bought and sold investment properties without a hitch. Then came his sale of a home in West Jordan. He contends that home loan servicing company EMC Mortgage Corp. (Sun, 08 Feb 2009 01:12:34 GMT)

Mortgage 'cramdowns' could be on the way
Congress is poised to pass legislation long blocked by lending-industry groups that would empower Bankruptcy Courts to let homeowners file for bankruptcy protection on their principal residence. Proponents call them the crucial tool needed to get us out of the foreclosure morass. (Sun, 08 Feb 2009 02:45:45 GMT)

Mortgage assistance draws crowds to Conn. forum
STAMFORD, Conn. (AP) - In a sign of tough times, a 3-day forum on financial counseling and mortgage assistance is attracting hundreds of people to a hotel ballroom in Stamford, Conn. (Sun, 08 Feb 2009 04:46:35 GMT)

Mortgage assistance draws crowds to Conn. forum
STAMFORD, Conn. (AP) - In a sign of tough times, a 3-day forum on financial counseling and mortgage assistance is attracting hundreds of people to a hotel ballroom in Stamford, Conn. (Sun, 08 Feb 2009 04:48:15 GMT)

Mortgage assistance draws crowds to Conn. forum
STAMFORD, Conn. (AP) - In a sign of tough times, a 3-day forum on financial counseling and mortgage assistance is attracting hundreds of people to a hotel ballroom in Stamford, Conn. (Sun, 08 Feb 2009 04:50:00 GMT)

Mortgage assistance draws crowds to Conn. forum
Associated Press - February 7, 2009 11:43 PM ET STAMFORD, Conn. (AP) - In a sign of tough times, a 3-day forum on financial counseling and mortgage assistance is attracting hundreds of people... (Sun, 08 Feb 2009 04:52:35 GMT)

Mortgage assistance draws crowds to Conn. forum
Associated Press - February 7, 2009 11:43 PM ET STAMFORD, Conn. (AP) - In a sign of tough times, a 3-day forum on financial counseling and mortgage assistance is attracting hundreds of people... (Sun, 08 Feb 2009 04:54:36 GMT)

Mortgage assistance forum draws crowds in wealthy area
STAMFORD, Conn. — Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation’s housing market meltdown. The "Save the Dream" forum, coordinated by the nonprofit community advocacy group Neighborhood Assistance Corp. of America, was expected to draw several hundred ... (Sun, 08 Feb 2009 06:08:40 GMT)

Homeowners refinance at lower mortgage rates
SACRAMENTO, Calif. — When California state employee Tim McManus peers into the future, he sees 4.5 percent interest. (Sun, 08 Feb 2009 06:14:35 GMT)

Lessons Learned: The bi-weekly mortgage payment
Lessons Learned/Feb. 7/The bi-weekly mortgage payment: Faux or real strategies? Even as I warmed myself in the afterglow of refinancing of our home mortgage — to capture a historically-low loan rate — several predatory marketing letters arrived in the mail. (Sun, 08 Feb 2009 06:35:32 GMT)

Refinancing? Here are some handy tools
On its face, deciding whether it's worth it to refinance your mortgage seems simple enough. (Sun, 08 Feb 2009 07:06:09 GMT)

Strategy key to getting good loan modification
STOCKTON - Getting a loan modification may not necessarily turn out to be a home-saver over the long term for those trying to avoid foreclosure. (Sun, 08 Feb 2009 08:09:24 GMT)

Mortgage help draws crowds to Stamford
STAMFORD (AP) -- Hundreds of people trying to save their homes from foreclosure flocked to Connecticut's wealthy Gold Coast on Saturday to meet with counselors about ways to refinance their mortgages (Sun, 08 Feb 2009 08:09:42 GMT)

Third man named a fugitive in Roseville-based mortgage fraud
Scott Edward Cavell Federal agents have added another name to the list of fugitives with ties to a mammoth mortgage and investment fraud based in Roseville. Scott Edward Cavell is one of three men now considered to be on the lam in an ongoing federal probe into purchases of hundreds of homes nationwide, many of which are now in foreclosure. The deals have allegedly led to about $100 ... (Sun, 08 Feb 2009 08:17:26 GMT)

Mom has options to cope with mortgage
Q: My mother has a mortgage for about $26,000. Her home is worth considerably more (how much I'm not sure), but given today's housing market the value has probably declined. I do know that the terms of the loan are such that she's paying interest only - she's... (Sun, 08 Feb 2009 08:36:34 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, 08 Feb 2009 09:12:31 GMT)

Enhanced VA mortgage options now available for Veterans
There are now potential benefit to those veterans in financial distress. Veterans with conventional home loans now have new options for refinancing to a Department of Veterans Affairs (VA) guaranteed home loan. These new options are available as a result of the Veterans’ (Sun, 08 Feb 2009 10:06:56 GMT)

Job loss puts home on line
Yolande Walker, who lost her job as a commercial loan processor last March as the economy soured, stands on the third floor of the Henderson townhouse she purchased for $256,000 and talks about how she fights becoming homeless. (Sun, 08 Feb 2009 10:34:52 GMT)

GETTING YOUR MORTGAGE RATE LOWERED
Dear John: Years ago you wrote an article about the success that your readers were having getting their mortgage rates reduced. Would it be too much trouble if you sent me a link for that article? J.V. Dear J.V.: I wrote several columns on the... (Sun, 08 Feb 2009 11:45:18 GMT)

Mortgage assistance draws crowds to Conn. forum
Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. The "Save the Dream" forum, coordinated by the nonprofit community advocacy group Neighborhood Assistance Corp. of America (NACA), was expected to draw several hundred ... (Sun, 08 Feb 2009 15:11:00 GMT)

Fannie, Freddie to channel mortgage rescue: sources
WASHINGTON (Reuters) - The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said. (Sun, 08 Feb 2009 18:50:45 GMT)

Fannie, Freddie to channel mortgage rescue: sources
The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said. (Sun, 08 Feb 2009 18:50:45 GMT)

Fannie, Freddie to channel mortgage rescue: sources
WASHINGTON (Reuters) - The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said. (Sun, 08 Feb 2009 18:50:45 GMT)

Mortgage assistance draws crowds to Conn. forum
Hundreds of people trying to save their homes from foreclosure flocked to a Connecticut hotel ballroom Saturday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. (Sun, 08 Feb 2009 19:22:26 GMT)

Citizens announces home energy loan program
Citizens Financial Group, Inc. announced the launch of Energy$ense, an initiative to help local nonprofits and its Citizens Bank customers in Delaware and other states address heat, utility and other energy costs. (Sun, 08 Feb 2009 20:06:25 GMT)

Retail loan rates may dip to 3-yr low on cooling inflation
The rate of interest on retail credit, such as home, auto and personal loans, may drop to its lowest if the downward trend in inflation continues. (Sun, 08 Feb 2009 21:47:59 GMT)

Fannie, Freddie to ease mortgage payments?
The Obama administration is considering a program that would let Fannie Mae and Freddie Mac lower payments for struggling borrowers. (Sun, 08 Feb 2009 22:11:45 GMT)

Somerset County loan program helps small businesses get capital during hard times
A gap loan program for small businesses in need of a cash flow is getting a lot of interest in these tough economic times. (Sun, 08 Feb 2009 22:44:45 GMT)

Claire McCaskill Supports Mortgage Rescue Plan
A new mortgage-rescue plan is being crafted to extend relief to hundreds of thousands of borrowers. The proposal would have mortgage giants Fannie Mae and Freddie Mac easing payments for some struggling borrowers. (Sun, 08 Feb 2009 23:17:35 GMT)

US plan to curb mortgage rates falters
The US Federal Reserve’s efforts to drive mortgage rates lower by purchasing home loans have faltered and rates have risen over the past month. (Sun, 08 Feb 2009 23:49:11 GMT)

HDFC, the country`s largest mortgage lender, denied there was any significant increase in loan transfer requests.
Home loan borrowers are increasingly shifting loans from private sector mortgage lenders to public sector banks (PSBs) to take advantage of the wide difference between the interest rates for existing borrowers of private lenders and new borrowers of PSBs, said executives of two public sector banks. (Mon, 09 Feb 2009 03:34:50 GMT)

Claire McCaskill Supports Mortgage Rescue Plan
A new mortgage-rescue plan is being crafted to extend relief to hundreds of thousands of borrowers. (Mon, 09 Feb 2009 05:02:55 GMT)

Lessons Learned: The bi-weekly mortgage payment
Lessons Learned/Feb. 7/The bi-weekly mortgage payment: Faux or real strategies? Even as I warmed myself in the afterglow of refinancing of our home mortgage — to capture a historically-low loan rate — several predatory marketing letters arrived in the mail. (Mon, 09 Feb 2009 06:35:47 GMT)

Run the math before rushing to refinance
On its face, deciding whether it's worth it to refinance your mortgage seems simple enough. (Mon, 09 Feb 2009 08:06:16 GMT)

SUB-PRIME MORTGAGE STUDY: Crisis has cost minorities up to $213 billion.
*The Boston-based social advocacy organization United for a Fair Economy has released a study which estimates minority Americans lost up to $213 billion in wealth during the eight years of the Bush administration due to the so-called sub-prime mortgage crisis. (Mon, 09 Feb 2009 08:10:03 GMT)

JO 'AT HOME' AT GOODISON
Everton's newest signing Jo says the warm welcome he has received at Goodison Park has enabled him to settle quickly. With David Moyes short of fit strikers, he bolstered his attacking options before the transfer window closed by landing Jo on loan. (Mon, 09 Feb 2009 08:40:11 GMT)

National Housing Bank Chairman:Lent Nearly INR90 Billion To Mortgage Cos
NEW DELHI -(Dow Jones)- India's National Housing Bank has lent nearly INR90 billion to mortgage companies in the July to January period, Chairman S. Sridhar said Monday. (Mon, 09 Feb 2009 09:03:39 GMT)

Jo 'At Home' At Goodison
Jo said he felt "at home" at Everton after his double strike against Bolton. (Mon, 09 Feb 2009 09:09:07 GMT)

Mortgage Help Draws Crowds To State's Gold Coast
Hundreds of people trying to save their homes from foreclosure flocked to Stamford on Saturday and Sunday to meet with counselors about ways to refinance their mortgages amid the nation's housing market meltdown. (Mon, 09 Feb 2009 11:03:49 GMT)

Cheshire loan shark threatened victims with violence
A LOAN shark from Cheshire who threatened his victims with violence when they could not meet their payments, has been found guilty of 20 offences by a jury at Warrington Crown Court. (Mon, 09 Feb 2009 11:18:39 GMT)

Enhanced VA mortgage options now available for Veterans
There are now potential benefit to those veterans in financial distress. Veterans with conventional home loans now have new options for refinancing to a Department of Veterans Affairs (VA) guaranteed home loan. These new options are available as a result of the Veterans’ (Mon, 09 Feb 2009 11:25:11 GMT)

Mortgage Fraud Surges
Mortgage fraud reached a new high last year, according to the FraudBlogger Index published by http://www.MortgageDaily.com. Quarterly activity more than doubled from the prior period and was nearly 300 percent higher than a year earlier. (Mon, 09 Feb 2009 12:00:00 GMT)

ComplianceEase Announces Technology Solutions to Add Greater Protection to U.S. Residential Mortgage-Backed Securities ...
LAS VEGAS----ComplianceEase®, the nation's leading provider of risk management solutions for the residential mortgage industry, announced at the American Securitization Forum's ASF 2009 Conference a new regulatory compliance risk mitigation solution called ComplianceAnalyzer® LIFT , which meets the new compliance due diligence criteria announced by the various credit rating agencies in late 2008. (Mon, 09 Feb 2009 12:00:00 GMT)

FRENCH LOAN TO BAIL OUT AUTO INDUSTRY
=3D(VIDEO)=3D ATTENTION - UPDATES with Le Monde estimate of loan sum /// PARIS, Feb 9, 2009 (AFP) - France will lend six billion euros (7.7 billion dollars) to carmakers Renault and Peugeot-Citroen in exchange for a promise to halt job losses and rein in executive bonuses, reports said on Monday. (Mon, 09 Feb 2009 12:00:38 GMT)

ComplianceEase Announces Technology Solutions to Add Greater Protection to U.S. Residential Mortgage-Backed Securities ...
ComplianceEase ® , the nation's leading provider of risk management solutions for the residential mortgage industry, announced at the American Securitization Forum’s ASF 2009 Conference a new regulatory compliance risk mitigation solution called ComplianceAnalyzer ® LIFT (Legal Integrity for Financial Transactions), which meets the new compliance due diligence criteria announced by the various ... (Mon, 09 Feb 2009 12:12:08 GMT)

McCaskill Backs Mortgage Rescue
Missouri Senator Claire McCaskill is strongly backing a new mortgage-rescue plan. The proposal would have mortgage giants Fannie Mae and Freddie Mac easing payments for some struggling borrowers. (Mon, 09 Feb 2009 12:32:15 GMT)

McCaskill Backs Mortgage Rescue
Missouri Senator Claire McCaskill is strongly backing a new mortgage-rescue plan. (Mon, 09 Feb 2009 12:32:25 GMT)

Economic survival guide: Is this the right time to refinance your home? - roanoke.com
Pinching pennies? Lowering your monthly mortgage payment may help you save money. Economic Survival Guide These days, the economy is on the minds of many. Weekly through mid-March, we'll give you practical advice on ways to keep yourself in the best financial shape possible. (Mon, 09 Feb 2009 12:39:59 GMT)

Citizens announces home energy loan program
Citizens Financial Group, Inc. announced the launch of Energy$ense, an initiative to help local nonprofits and its Citizens Bank customers in Delaware and other states address heat, utility and other energy costs. (Mon, 09 Feb 2009 13:21:45 GMT)

Slump in number of mortgage products on offer
The number of different mortgage deals available has slumped to only a tenth of its level before the credit crunch first struck, figures showed today. (Mon, 09 Feb 2009 14:17:47 GMT)

'Don't tax home-loan interest'
Making interest on mortgages tax-deductible will score Finance Minister Trevor Manuel and the ANC brownie points in the upcoming election, says an expert. (Mon, 09 Feb 2009 14:46:05 GMT)

Halifax cuts fixed rate mortgage rates
For the second time this year, Halifax has cut its fixed-rate mortgage rate to what it says is now a market-beating product. Its five-year offering will fall from 3.81pc APR to 3.51pc APR and from 4.4pc gross to 3.8pc gross. (Mon, 09 Feb 2009 16:12:50 GMT)

Wolters Kluwer launches Red Flag Tool Kit for Mortgage
To help mortgage lenders and brokers quickly comply with the Fair and Accurate Credit Transaction Act's new Red Flag Rules, Wolters Kluwer Financial ... (Mon, 09 Feb 2009 17:27:47 GMT)

Buy mortgage bonds to reduce bank cap ad, says Ward
The Bank of England should use its new asset purchase facility to buy up discounted mortgage securities and reduce banks’ capital requirements, says New Star’s Simon Ward. ... (Mon, 09 Feb 2009 17:44:57 GMT)

Federal Home Loan Bank of Seattle may have fallen short
Now the bank of banks is having trouble. (Mon, 09 Feb 2009 18:05:55 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