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March 12, 2010

Industry Urges House Lawmakers to Reform FHA - Housing Wire

by @ 4:53 pm. Filed under Uncategorized

WNCT

Industry Urges House Lawmakers to Reform FHA
Housing Wire
Expecting that the FHA will continue to play a pivotal role in the mortgage market in fiscal year 2011, Stevens requested a combined mortgage insurance ...
FHA waives rule against house flippingBankrate.com
Another Clever Plan To Further Ruin The Housing Market24/7 Wall St. (blog)
Mortgage Q&A: FHA loans attractive for someWashington Times
Mortgage Rates & Trends (blog) -The Associated Press -Baltimore Sun (blog)
all 143 news articles »

Colorado sees low use of stimulus mortgage-modifiction program - Bizjournals.com

by @ 4:44 pm. Filed under Uncategorized

ABC News

Colorado sees low use of stimulus mortgage-modifiction program
Bizjournals.com
As of the end of last month, Colorado had a total of 14320 mortgage-loan modifications related to HAMP — 2613 permanent modifications and 11707 active trial ...
Gov't mortgage plan aids 16 percent of borrowersThe Associated Press
Mortgage Modifications Rise 6%Wall Street Journal
Treasury data: Borrowers in government prevention plan still face foreclosureWashington Post
Los Angeles Times -MarketWatch (press release) -UPI.com
all 364 news articles »

Fears grow that new mortgage drought could hit house prices - Times Online

by @ 4:10 pm. Filed under Uncategorized

The Guardian

Fears grow that new mortgage drought could hit house prices
Times Online
House prices fell 1.5 per cent in February after seven months of uninterrupted growth, according to the Halifax, the UK's biggest mortgage lender. ...
Mortgage approvals fall by halfThe Guardian
Mortgage approvals hit by end of stamp duty holidayFind a Property
Mortgage rates fall to lowest level since 1993Financial Times
The Press Association -BBC News -This is Money
all 116 news articles »

Lender blames escrow shortage for $400 increase in monthly mortgage payment - Washington Post

by @ 4:00 pm. Filed under Uncategorized

Lender blames escrow shortage for $400 increase in monthly mortgage payment
Washington Post
This year, we received a notice from the lender that our monthly mortgage payment will increase by over $400 because there is an escrow shortage. ...

Risk of mortgage defaults still high, but dropping - MarketWatch

by @ 2:56 pm. Filed under Uncategorized

Risk of mortgage defaults still high, but dropping
MarketWatch
Capozza is also founding principal of University Financial Associates, a risk-management firm that forecasts mortgage and consumer loan performance. ...

and more »

Mortgage Credit Guarantors Swamped by Losses - Inside Mortgage Finance

by @ 2:36 pm. Filed under Uncategorized

The Money Times

Mortgage Credit Guarantors Swamped by Losses
Inside Mortgage Finance
Companies in the business of guaranteeing mortgage credit suffered a monumental $98.56 billion in net losses during 2009, according to a new Inside Mortgage ...
Reality Check for Bank Investors, Mortgage Investors and Home BuyersHuffington Post (blog)
Fannie Mae Sells Largest Benchmark Issue in 11 MonthsBusinessWeek
Fannie, Freddie go after bad loansNorthJersey.com
Reuters -Wall Street Journal (blog) -Before It's News
all 281 news articles »

Even High-Score Borrowers at Risk of Mortgage Default - New York Times

by @ 12:54 pm. Filed under Uncategorized

New York Times

Even High-Score Borrowers at Risk of Mortgage Default
New York Times
From May through October 2009, the mortgage default rate for borrowers with credit scores of 760 to 850 was 0.32 percent, versus 0.12 percent for credit ...

Average mortgage rates for March 12, 2010 - LoanSafe

by @ 12:21 pm. Filed under Uncategorized

The Guardian

Average mortgage rates for March 12, 2010
LoanSafe
Well here we are at the end of the week and to much of a surprise the average interest rate for a conventional mortgage hit the 5% mark. ...
Mortgage rates stay below 5%Bizjournals.com
Average 30-year mortgage rate drops to 4.95%, Freddie Mac saysLos Angeles Times
Today's Lowest FHA Mortgage Rates – March 12 Interest Rates MixedSubprime Blogger (blog)
Wall Street Journal -MarketWatch -Reuters
all 335 news articles »

Some tax issues to consider on mortgage write-downs - Washington Post

by @ 10:40 am. Filed under Uncategorized

Some tax issues to consider on mortgage write-downs
Washington Post
With the Obama administration and private lenders actively considering mortgage principal-reduction programs to help financially distressed homeowners, ...
Mortgage Principal Reduction vs ARMsBatchBuzz (satire)

all 3 news articles »

March 11, 2010

Woman loses parrot, has house ransacked by Bank of America in mortgage … - New York Daily News

by @ 4:35 pm. Filed under Uncategorized

New York Daily News

Woman loses parrot, has house ransacked by Bank of America in mortgage ...
New York Daily News
She filed suit this week over what she considers the kidnapping of her beloved parrot Luke in a mortgage mixup last October. The Gibsonia, Pa., woman came ...
Lawsuit: Bank of America 'Stole' Woman's ParrotAvvo
Feathers will be ruffled awhile after petnappingTribune Review
Bank Sorry for Taking ParrotWall Street Journal
Independent -Boston Globe (blog) -Consumerism Commentary (blog)
all 346 news articles »

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