Category Archives: Mortgage News

So you want to rip up your mortgage contractMarketWatch… of mortgage-loan defaults are from homeowners who can afford to make their monthly payment but choose not to because their home's value has fallen off a … and more »

Mortgage Rates & Trends (blog) Fannie Mae at Forefront of Credit CrisisThe Epoch Times… once considered an innovative way to put low-income families on the path to home ownership, is now considered a major catalyst in the sub-prime mortgage …The … Continue reading →

Nationwide Home Mortgage announces merger with Apex Home LoansNational Mortgage Professional MagazineApex Home Loans Inc., a mortgage company founded in 1998 by Eric Gates and Craig Strent and headquartered in Bethesda, Md. is merging its operations with …

The Great Policy That Dare not Speak its Name: Repealing the home mortgage …Newsweek (blog)As Eleanor Clift reported last week, Housing and Urban Development Secretary Shaun Donovan "suggested the sacrosanct home-mortgage deduction might be better …A Case for Ending the … Continue reading →

Number Of Wells Fargo Trial Mortgage Modifications FallsWall Street Journal(WFC) said the number of active or completed home loan modifications fell in April from the previous month as the number of customers on trial modifications …Wells Fargo (NYSE: WFC) To … Continue reading →

MonitorBankRates.com Refinancing Home Mortgage Now Possible In Few Seconds Thanks To New ServiceWiredPRNews.com (press release)Thanks to a newly launched service anyone looking for information on Home Mortgage Rates or a home equity loan rates only needs a few extra seconds … Continue reading →

The Guardian 7 reasons banks reject mortgage applications, and how to get approvedWalletPop (blog)… strengthen your application is with compensating factors," says Chris Jordan, a licensed mortgage banker with First Home Mortgage in Silver Spring, MD. …UK mortgage borrowing is … Continue reading →

US Mortgage Program Stalling, Data ShowNew York TimesThese efforts included keeping a lid on home mortgage rates, a tax credit, and refinancing programs for those who owe more than their house is worth. …HUD Disaster Assistance Helps Connecticut Homeowners, Renters … Continue reading →

Mortgage Rates & Trends (blog) Wells Fargo Home Retention Efforts Reach More Borrowers and Deliver More …MarketWatch (press release)At these events, company representatives have met with nearly 10500 customers and many Wells Fargo Home Mortgage customers received modifications on the … Continue reading →

Applying for mortgage? Starting June 1, you could face another credit screeningWashington PostIf you're thinking about applying for a home mortgage, here's some important news: Beginning June 1, your lender is likely to order a …Money Talk: Will student debt … Continue reading →