Category Archives: Mortgage News

US Home Mortgage Rates Fall On Economic Jitters -Bankrate.com – Wall Street Journal

US Home Mortgage Rates Fall On Economic Jitters -Bankrate.comWall Street Journal"But despite the tremendous affordability brought about by record low mortgage rates and a sharp drop in home prices, consumers are reluctant to take the …Mortgage rates hit new lows … Continue reading

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Lawmakers slam top mortgage firms on loan mods – Reuters

Lawmakers slam top mortgage firms on loan modsReutersAlso at the witness table was American Home Mortgage Servicing Inc, which collects loan payments but does not make or hold loans. …Private Mortgage Modifications Overshadow Government ProgramThe AtlanticGovernment's mortgage modification program gets … Continue reading

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Low Mortgage Rates Do Not Help May Pending Home Sales – National Association … – Subprime Blogger (blog)

Reuters (press release) Low Mortgage Rates Do Not Help May Pending Home Sales – National Association …Subprime Blogger (blog)Mortgage interest rates have been very low for the entire year of 2010 but after the expiration of the first time home … Continue reading

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Loan Giants Threaten Energy-Efficiency Programs – New York Times (blog)

CNBC Loan Giants Threaten Energy-Efficiency ProgramsNew York Times (blog)They are worried that taxpayers will end up as losers if a homeowner defaults on a mortgage on a home that uses such creative financing. …Lining Up Financing for SolarGetSolar.com (blog)Another Setback … Continue reading

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Reverse mortgage specialist to serve North Jersey seniors – NorthJersey.com

Reverse mortgage specialist to serve North Jersey seniorsNorthJersey.comParamus – Theresa Cannon of Westwood has joined Wells Fargo Home Mortgage, a division of Wells Fargo Bank, NA, and the nation's leading retail originator of …Reverse Mortgage Pros and Cons You Need … Continue reading

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BANK BILL: How Bank Overhaul Will Change Mortgage Shopping – Wall Street Journal

WANE BANK BILL: How Bank Overhaul Will Change Mortgage ShoppingWall Street Journal… with regard to laws including the Real Estate Settlement Procedures Act, Truth in Lending Act and Home Mortgage Disclosure Act, Courson said. …Whether financial reforms can really help … Continue reading

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Agency Mortgage Bonds Return Most to Start Year Since 2002 – BusinessWeek

News Around The World Today (blog) Agency Mortgage Bonds Return Most to Start Year Since 2002BusinessWeekYields on Washington-based Fannie Mae's current-coupon 30- year fixed-rate mortgage bonds — or those that most affect home-loan rates because they're …Financial Reform Bill Misses … Continue reading

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Checklist to Get Approved for Obama Federal Loan Modification Programs Made Easy – Mortgage11

News Around The World Today (blog) Checklist to Get Approved for Obama Federal Loan Modification Programs Made EasyMortgage11The current home mortgages should have been sanctioned prior to 1st January, 2009. The value of the existing mortgage should be less than … Continue reading

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Bank of England says home mortgage demand eases – BusinessWeek

24dash (press release) Bank of England says home mortgage demand easesBusinessWeek"It also comes against a background of extreme weakness in mortgage lending — May saw just 1.2 billion pounds of net funds advanced for house purchases, …UK home mortgage demand … Continue reading

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Mortgage Rates Hit New Lows: 30 Year Mortgage Rates at 4.69%, 15 Year Mortgage … – MonitorBankRates.com

Click News (blog) Mortgage Rates Hit New Lows: 30 Year Mortgage Rates at 4.69%, 15 Year Mortgage …MonitorBankRates.comCurrent 5 year refinance home mortgage rates are averaging 3.54 percent this week. 7 year adjustable mortgage rates are averaging 3.88 percent this … Continue reading

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