 Kansas City Star | Fixed mortgage rates keep falling Los Angeles Times Fixed mortgage rates have dropped again, marking the sixth straight week of record lows in Freddie Mac's survey of what lenders are offering to highly ... Falling US Mortgage Rates May Aid Economy Outside Housing US mortgage rates set new lows a 6th straight week Later than expected, 4.5 percent fixed-rate mortgage arrives |
Mortgage Insurer PMI Reports 12th Straight Loss Wall Street Journal NEW YORKâMortgage insurer PMI Group Inc. reported its 12th consecutive quarterly loss on Thursday, even as the number of defaulting homeowners ... PMI Plunges, Leading Drop in Mortgage-Insurance Shares, After Posting Loss PMI Group posts 12th straight quarterly loss; shrs fall PMI Group narrows loss, but shares tumble |
 France24 | Housing policy must be set on sustainable basis Washington Post Reform should address the systemic risk they pose and should wean our mortgage finance system from its dependence on these institutions. ... Congress to try to recoup Fannie, Freddie costs Volcker: Fannie Mae & Freddie Mac need to go Senators urge permanent Fannie, Freddie regulator |
 The Guardian | Citigroup-SEC: Imagine If Citi Had Come Clean Earlier Wall Street Journal (blog) Suddenly, one of the world's largest banks was drowning in more mortgage assets than people expected. The disclosure accelerated a chain reaction of worries ... Citigroup Pays $75 Million to Settle Subprime Claims Citigroup fined $75m for misleading investors over sub-prime assets Citigroup settles charges over misleading investors |
Florida mortgage firm settles federal charges The Associated Press The Federal Trade Commission said Thursday that Home Assure LLC, based in Clearwater, Fla., promised borrowers mortgage relief in exchange for fees of up to ... Mortgage Relief Company To Pay $2.4 Million In Settlement Mortgage-Relief Firm To Reimburse $2.4 Million, Cease Marketing |
US Rep Kanjorski Sees Changes For Private Mortgage Insurers Wall Street Journal Policy makers should review whether private mortgage insurers should take a hit from loss mitigation efforts to prevent foreclosures, Rep. ... CNBC "SQUAWK BOX" INTERVIEW WITH REP. PAUL KANJORSKI (D-PA) |
 Digital News Report | Feds put up $1 billion more for mortgage relief San Francisco Chronicle Congress has just come up with an extra $1 billion to help people who can't pay their mortgage because of unemployment or a medical problem. ... Treasury says latest mortgage-aid report flawed Obama Mortgage Assistance For Unemployed Homeowners And Refinancing For ... Homes keep falling into foreclosure as programs fail to help |
 Virgin Media Music | U.K. Mortgage Approvals Drop Wall Street Journal LONDONâUK mortgage approvals slipped to their weakest level since February and net consumer lending remained tame in ... Mortgage approvals fall back to January level UK Mortgage Approvals Drop Again In June: BoE UK Mortgage Approvals Fall Again - Getting A Mortgage More Difficult - Jobs ... |
Genworth MI reports improved second quarter earnings on fewer mortgage losses Winnipeg Free Press TORONTO - Genworth MI Canada Inc. (TSX:MIC) reports its second quarter profits grew as fewer people booked mortgage loss claims on improvements in economy. ... Genworth Financial Q2 profit lags Wall Street Genworth Swings to Profit Genworth Financial Lags Estimates |
 msnbc.com | Mortgage brokers to be fingerprinted, registered msnbc.com Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to new rules. ... Feds Issue SAFE Act Rule for Regulated Financial Institutions Federal Agencies Issue Final Rules On SAFE Act |
New York Mortgage Trust 2010 Second Quarter Conference Call Scheduled for ... MarketWatch (press release) New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 am, Eastern Time, on Wednesday, August 4, 2010. ... |
Narula's Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain Bloomberg (Source: Bloomberg) Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. mortgage-bond trader Deepak Narula, ... |
Popular 'Zero Down' Mortgage Program Makes Comeback Wall Street Journal (blog) Borrowers will have to pay a higher âguarantee feeâ of 3.5%âessentially upfront mortgage insuranceâbut the fee can be folded into the mortgage. ... USDA still offering home loans for rural areas |
PennyMac Mortgage Investment Trust Announces Date for Release of Second ... MarketWatch (press release) PennyMac Mortgage Investment Trust is a mortgage real estate investment trust that invests primarily in residential mortgage loans and mortgage-related ... |
Anworth Mortgage Asset Corporation (ANH) Moving Average Crossover Alert Market Intellisearch NEW YORK (Market Intellisearch) -- Today the stock price of Anworth Mortgage Asset Corporation crossed below the much followed 50-day moving average. ... Anworth Mortgage Asset (ANH) Downgrade Alert, Watch for 7% Technical Uptrend ... Sterne Agee Downgrades Anworth Mortgage Asset (ANH) to Neutral Anworth Profit Falls |
Mortgage lenders must register in database The Associated Press Mortgage brokers are already required to be licensed by the system. The registry is expected to start accepting new applications by the end of January. ... |
Problem Solver: Mortgage modifications take patience, extra help Chicago Tribune "What I always recommend to people is if you've lost your job and you know you're not going to get one soon, call your mortgage lender immediately," said ... |
 Credit.com News | LPS' June Mortgage Monitor Report: Agency Prime Foreclosure Starts Increase ... PR Newswire (press release) JACKSONVILLE, Fla., July 29 /PRNewswire-FirstCall/ -- The June Mortgage Monitor report released today by Lender Processing Services, Inc. (NYSE: LPS) shows ... House, Senate approve legislation to protect agains mortgage fraud Americans with highest credit scores affected by foreclosure Foreclosure options |
Maimi men charged with mortgage fraud scheme tied to homes in St. Lucie, Palm ... Palm Beach Post With bogus loan applications and the help of a mortgage broker, a group of Miami men bought homes in St. Lucie and Palm Beach counties ... Six charged in mortgage-to-marijuana fraud scheme |
 The Birmingham News - al.com (blog) | Indy's foreclosure rate worsens in June Indianapolis Star The mortgage foreclosure rate in the Indianapolis area worsened again in June and remained above the national average. The rate of foreclosures among ... Mortgage delinquency rate continues to rise in Whatcom County Delinquent mortgage rate dips lower in Sacramento Two more Central Valley metros show declining foreclosure rates |
TowneBank Announces Cash Dividend on Preferred Stock MarketWatch (press release) Through its strategic partnership with William E. Wood and Associates, the bank also offers mortgage services in all of their offices in Hampton Roads and ... TowneBank Reports Second Quarter Earnings Results |
W.Va. launches new 3.5 percent mortgage program BusinessWeek The West Virginia Housing Development Fund announced Tuesday a new mortgage program where 280 families can qualify for the fund's lowest interest rate in ... W.Va. launches new 3.5 percent mortgage program West Virginia Announces 3.50% Mortgage Interest Rate Program West Virginia Offers 30-Year Fixed Rate Mortgage at 3.5% with No Money Down |
Capstead Mortgage Rated Hold At Wunderlich (CMO) Benzinga Wunderlich Securities is keeping a Hold rating and a $12.25 price target on shares of Capstead Mortgage Corporation (NYSE: CMO) after the real estate ... Capstead Mortgage (CMO) Downgrade Alert, Watch for 3.7% Technical Uptrend Reversal Capstead Mortgage (CMO) Cut to Hold at Deutsche Bank Following Q2 Results |
BofA Merrill to sell $92 mln reverse mortgage RMBS Reuters The residential mortgage-backed security (RMBS) comes as Wall Street tries to revive a private-issuer market that has been largely shuttered since the ... |
 New York Daily News | Madmen to Market Mortgage Modifications UPI.com With the number of final mortgage modifications below target and criticism mounting that it's not making a ... All-Time Low Mortgage Rates: Time To Refinance? A cash-in refinance can cut mortgage costs The Obama Loan Modification Program: Benefits And Eligibility |
 msnbc.com | N. Texas mortgage delinquencies up year-over-year Fort Worth Star Telegram The number of homeowners in the Fort Worth-Arlington metropolitan area more than three months delinquent on their mortgages was down ... Sharga Sees `Slim Chances' of Recovery for U.S. Housing: Video Foreclosure rate may be easing in metro Birmingham market Atlanta is in the Top Ten! So why isn't everyone smiling about it? |
 American Progress Action Fund | MICA Tells Congress Private Mortgage Insurance is the Future of Housing Finance PR Newswire (press release) Testifying on behalf of MICA was Patrick Sinks, President and COO of Mortgage Guaranty Insurance Corporation in Milwaukee, Wisconsin. ... Private Mortgage Insurance's Role in Housing Finance Private Mortgage Insurance's Role in Housing Finance |
 Seer Press | Current Mortgage Interest Rates â Chase Bank of America And Wells Fargo Lower ... Best Syndication (Best Syndication News) Mortgage rates are moving lower again today with substantial changes at Chase, Wells Fargo and Bank of America (see mortgage rate ... Wells Fargo Preservation Workshop in Memphis |
FHLBank Cincinnati Announces Second Quarter 2010 Results GlobeNewsWire (press release) No credit risk-related or impairment charges were required on our Advances, mortgage loans or investments. More than $5 million was accrued in the second ... Federal Home Loan Bank of Seattle Announces Second Quarter 2010 Preliminary ... FHLBank Pittsburgh Announces Second Quarter 2010 Financial Results FHLBank Pittsburgh takes Q2 loss |
CitiMortgage CEO talks about record low mortgage rates KSDK St. Louis, MO (KSDK) -- Fixed mortgage rates fall to record lows and that could be good news for potential homebuyers or those looking to ... |
KC woman sentenced in Kansas mortgage fraud scheme BusinessWeek A Kansas City, Mo., woman has been sentenced to one year and one day in federal prison for taking part in a mortgage fraud scheme. ... Holmes gets a year in prison for Overland Park mortgage fraud scheme |
Lower Mortgage Rates May Mean More Refinancing KGTV San Diego SAN DIEGO -- Mortgage rates are the lowest they've been since Freddie Mac began tracking them in 1971, experts said, and for homeowners thinking about ... Americans Do Least Amount of Cash Out Refinances in a Decade |
Qualifying for an FHA Mortgage FreeRateUpdate.com Although the easiest of all loans, borrowers still must consider the guidelines when qualifying for an FHA mortgage. Income-Borrowers must demonstrate a ... HUD's Operation Watchdog: Mac-Clair Mortgage Did Not Poperly Underwrite Some ... A New Spin on Bank Fraud: Banks Defrauding Their Investors, Auditors and ... Must Have 500 Credit Score to Obtain FHA Home Loan |
Goldman Sachs $788.5M Commercial Mortgage Bond Announced Wall Street Journal NEW YORK (Dow Jones)--Goldman Sachs and Citigroup on Wednesday started marketing a $788.489 million commercial mortgage-backed ... |
 Earthtimes (press release) | TriCo Bancshares Announces Quarterly Earnings MarketWatch (press release) Change in value of mortgage servicing rights decreased primarily due to decreased residential mortgage rates that are expected to increase the pace of ... FSB Community Bankshares, Inc. Announces Second Quarter Results Kearny Financial Corp. Reports Fourth Quarter 2010 Operating Results Malvern Federal Bancorp, Inc. Announces Results for the Third Quarter of ... |
US Crackdown Forces Calif. To Yank Home Solar, Energy-Retrofit Loans New York Times California pulled funding for its home solar and energy-retrofit loans yesterday in response to federal mortgage overseers' ... |
 The Business Insider | Goldman, Citigroup Plan to Sell $788.5 Million of Commercial Mortgage Debt Bloomberg Goldman Sachs Group Inc. and Citigroup Inc. plan to sell $788.5 million of bonds backed by commercial ... Goldman, Citi to Dive Back Into Commercial Mortgage-Backed Bond Market: Set to ... Citigroup and Goldman to Sell CMBS Worth $789M - Daily News Article Goldman, Citi Sell $789M CMBS |
 The Guardian | Santander UK to Hire More Than 600 People This Year BusinessWeek Net mortgage lending rose 67 percent to 3.3 billion pounds from a year earlier, though that marked a decline from 5.6 billion pounds in the second half of ... Santander poised for next phase of UK expansion Santander UK to add 600 jobs as deal, spin-off loom Santander's half-year pre-tax profits up 10% |
Bills.com buys mortgage finding service San Jose Business Journal Online consumer money resource Bills.com said Thursday it has acquired mortgage-finding service Home-Account for an undisclosed sum. ... |
 CBC.ca | Goldman's Profanity Ban Misses the Point Wall Street Journal (blog) The Journal article points out how Goldman is trying to prevent emails, like the one from former Goldman exec Thomas Montag describing a mortgage deal as ... Goldman Sachs: No More "Sh**ty" Deals Goldman Sachs' dumb ban on curse words Report: Goldman Cracks Down On E-Mail Language |
Aldermen press to strip banks, mortgage companies of tax exemption Chicago Sun-Times Chicago voters could soon get to decide whether to strip banks and mortgage companies â key players in the foreclosure ... |
 Plain Dealer (blog) | CITY OF CLEVELAND v. AMERIQUEST MORTGAGE SECURITIES, INC. Leagle.com Nevertheless, it alleges that the Defendants' financing, purchasing, and pooling of vast amounts of these loans, to create mortgage-backed securities to ... Cleveland loses appeal of Wall St. mortgage case City of Cleveland Loses Appeal Against Wall Street in Subprime Mortgage Case Cleveland loses appeal in nuisance lawsuit vs. financiers of subprime loans |
 iNews Connect | FTC bans 8 marketers from selling mortgage relief The Associated Press WASHINGTON â Federal regulators have banned eight individuals and companies from selling mortgage-relief services, settling charges that they used false ... 'Deceptive' Marketers Banned from Mortgage Fix Services: FTC Mortgage Relief Firms Pay Millions to Settle Charges NJ loan modification firm settles civil fraud charges for $10M |
 Blockshopper | Mortgage banker and property owner selling Bernal Heights 2BD condo Blockshopper Mr. Freskos is a mortgage banker and the president of Sequoia Mortgage Capital. He is an active trust deed and real estate investor owning income properties ... |
US Fed's balance sheet shrinks in latest week Reuters That effort was also led by the Fed's purchases of mortgage-related securities, which came to a conclusion at the end of March. Since then, weekly balance ... |
Middletown man admits role in mortgage fraud scheme Middletown Press Working with the attorney and mortgage broker, Jackson signed a loan application provided by the mortgage broker for a loan in the amount of $280000. ... |
Sonoma County resists feds on home energy loans San Francisco Chronicle The feds implied that a homeowner who acquired PACE money would be violating the terms of their mortgage and stated outright that lenders in areas with PACE ... State panel redirects green loan money Local officials protest halt of green loans Feds balk at home energy-efficiency loan program |
In Basel, an Eternal Work in Progress New York Times Mortgage servicing rights â the value of a bank's rights to collect and pass on mortgage payments â also could be hard to monetize in a crisis. ... |
Altisource Announces Second Quarter Results MarketWatch (press release) Cooperative Non-controlling Interest represents amounts attributable to the members of Best Partners Mortgage Cooperative, Inc. which does business as ... |
 WHMI | Two Livingston County residents charged in state-wide mortgage scam Livingston Daily Two employees of Howell's Elite Mortgage Relief were charged today for their part in a state-side mortgage scam by the Michigan Attorney General's office. ... Howell Company & Two Employees Charged In Foreclosure Scam |