Mortgage News

Ex-TD Bank exec Greenberg goes to Sun Home – Bizjournals.com

Monday, March 8th, 2010
Ex-TD Bank exec Greenberg goes to Sun Home
Bizjournals.com
Sun Bancorp said Monday that former TD Bank executive Steven J. Greenberg has been hired as president of its mortgage company, Sun Home Loans Inc..
Sun National Bank Appoints New President of Sun Home Loans, Inc.PR Newswire (press release)

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Is Buying A Second Home With A 15-Year Fixed Mortgage A Good Investment? – Red, White, and Blue Press (blog)

Monday, March 8th, 2010
Is Buying A Second Home With A 15-Year Fixed Mortgage A Good Investment?
Red, White, and Blue Press (blog)
Again, buying a second home is not for everyone and getting a 15-year fixed mortgage may bring a higher monthly payment on a home, but the idea of renting a

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What are the tax implications? – OregonLive.com (blog)

Monday, March 8th, 2010
What are the tax implications?
OregonLive.com (blog)
Your mortgage interest could also be deducible. Generally, qualified home mortgage interest is deductible. Qualified home mortgage interest is mortgage

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Fannie Mae, Freddie Mac and The Obama Underwater Mortgage Home Affordable … – Red, White, and Blue Press (blog)

Monday, March 8th, 2010
Fannie Mae, Freddie Mac and The Obama Underwater Mortgage Home Affordable
Red, White, and Blue Press (blog)
Many homeowners that have trouble with an underwater mortgage may benefit from the refinance program that is offered from guaranteed home
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit MarketsBloomberg
After the Fire, Rebuilding US Housing PolicyAtlantic Online

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Canada Mortgage and Housing Corporation: New Home Construction Moved Up – Market Wire (press release)

Monday, March 8th, 2010

Global Toronto
Canada Mortgage and Housing Corporation: New Home Construction Moved Up
Market Wire (press release)
home starts were up in the London Census Metropolitan Area 1 (CMA) in February 2010 according to preliminary figures released today by Canada Mortgage
Canada February Home Starts Rise More Than ExpectedBusinessWeek
Canada's property market momentum continuesToronto Sun
Canada Mortgage and Housing Corporation: February Housing Starts in VancouverBenzinga
PR-USA.net (press release) -Reuters -Vancouver Sun
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Banks Pressed on Second Mortgages – Wall Street Journal

Monday, March 8th, 2010

Wall Street Pit (blog)
Banks Pressed on Second Mortgages
Wall Street Journal
Most first-lien home loans are held by government-controlled mortgage firms Fannie Mae and Freddie Mac or by other investors in mortgage securities.
Pressure builds for US mortgage loan write-downsReuters
Congressman Calls for Second Lien Write-DownsDSNews.com
Mortgage Principal Writedown Won't Save HousingCNBC
StreetInsider.com (subscription)
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Taiwan Government Tightens Mortgage-Related Regulations – Wall Street Journal

Monday, March 8th, 2010
Taiwan Government Tightens Mortgage-Related Regulations
Wall Street Journal
The steps come after a similar statement by the island's central bank earlier Monday asking banks to provide details about their home mortgage operations,

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Current Mortgage Rates from Wells Fargo vs. Current Mortgage Rates from Total … – Mortgage Rates & Trends (blog)

Monday, March 8th, 2010

The Guardian
Current Mortgage Rates from Wells Fargo vs. Current Mortgage Rates from Total
Mortgage Rates & Trends (blog)
San Francisco-based Wells Fargo Home Mortgage is offering a current mortgage rate of 4.875% on a 30-year fixed, with borrowers paying a 1-point Origination
Fixed Rate Refinance Today – March Home Mortgage Rates Remain LowSubprime Blogger (blog)
Mortgage Rates Decrease: 30 Year Mortgage Rates Under 5.00%MonitorBankRates.com
Mortgage Trends This Week: March 8MainStreet
Red, White, and Blue Press (blog) -Telegraph.co.uk -San Francisco Chronicle
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Credit score undercuts home mortgage plan – Bankrate.com

Monday, March 8th, 2010

Bankrate.com
Credit score undercuts home mortgage plan
Bankrate.com
In our case, would applying for a home mortgage loan together be better or worse? Qualifying for the home mortgage loan using just her credit history and
SIFE Financial CornerUniversity News (subscription)

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Mich. faces growing home mortgage default woes – MLive.com

Monday, March 8th, 2010
Mich. faces growing home mortgage default woes
MLive.com
For people who want to stay put and can afford their mortgage, an underwater mortgage might not be a problem. But it's trapping those who want to move for a
Solutions aren't easy for underwater mortgagesDetroit Free Press
Michigan Hit Hard with Mortgage DefaultsBestCashCow.com (blog)
Mich. faces growing home mortgage default woesToledo On The Move

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