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| Reverse Mortgages: When they work and when they don't KARE "We have talked with people who ended up taking out reverse mortgages and did not fully understand them," said Swanson. "A lot of times, these reverse mortgages are heavily marketed and pedaled as sort of no risk and no complication, no downside, and ... See all stories on this topic » | ||
| Open Call: Submit Questions About Jumbo Mortgages Wall Street Journal (blog) AnnaMaria Andriotis, who writes the Jumbo Jungle column for Mansion, will answer readers' questions about lenders that offer these mortgages and how interest rates and payment options differ. Send us your questions through the form below, and we'll ... See all stories on this topic » | ||
| Bipartisan Group Embraces FDIC-Like System for Mortgages American Banker The Bipartisan Policy Center released a blueprint on Monday that would replace Fannie Mae and Freddie Mac with a catastrophic government guarantee in an attempt to significantly increase private market participation in the mortgage market. "Our new ... See all stories on this topic » | ||
| Credit Suisse Faces Probe by DOJ into Mortgages: Report American Banker (subscription) Credit Suisse (CS) may be facing a probe by the Department of Justice over the company's sale of securities backed by residential mortgages, Reuters reported Friday, citing people familiar with the matter. An investigation into the Zurich-based bank by ... See all stories on this topic » | ||
| Housing Commission: Reverse Mortgages and Alternatives Must Remain ... Reverse Mortgage Daily A much-anticipated report released Monday from a commission of housing experts projects more interest in reverse mortgages in the coming years. Due to the need for more aging-in-place solutions, housing policy must be directed at the aging group with ... See all stories on this topic » | ||
| Saudi Mortgages, Libor Panel, BlackRock, ITT: Compliance Businessweek The mortgage law, which has been debated for more than a decade, will overhaul the kingdom's home-finance market, from registering mortgages to allowing judges to prosecute police officers who fail to carry out eviction orders. The changes could ... See all stories on this topic » | ||
| February Rate Roundup: CDs, Money Markets and Mortgages Investorplace.com Savers saw interest rates stabilize in February but the real winners were the lenders, as higher yields on benchmark Treasury notes started pushing up borrowing costs for consumers. A rise in the key 10-year Treasury note had been lifting rates on ... See all stories on this topic » | ||
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| Policies of Freddie Mac Alter So Borrowers Can Access Insurance Proceeds for ... LoanSafe (Source: Freddie Mac) – Freddie Mac today took steps to cut the time it's taking servicers to get insurance proceeds to borrowers to start repairs on homes damaged by Hurricane Sandy and secured by Freddie Mac-owned or -guaranteed mortgages. Freddie ... See all stories on this topic » | ||
| UPDATE 1-Persimmon year profit up, makes strong start to 2013 GlobalPost "In the first 8 weeks of this year we have seen (mortgage) rates come down by anything up to 45 basis points. If you talk to lenders, there is a bit more of an appetite to be in the mortgage market so it's coming through on both fronts," chief ... See all stories on this topic » | ||
| Super profits on mortgages Herald Sun Since November 2011, the RBA has lowered the official cash rate by 1.75 percentage points to 3 per cent. But over the same period, on average, the Big Four dropped their mortgage rates by only 1.36 per cent to the standard variable rate of 6.42 per cent. See all stories on this topic » | ||
| Colorado homeowners paid off more mortgages in 2012 KOAA.com Colorado Springs and Pueblo News DENVER - Homeowners in Colorado either refinanced or paid off their mortgages last year faster than they have at any time in the previous three years. A report released Monday by the Colorado Division of Housing finds 86,816 deeds of trust were ... See all stories on this topic » | ||
| January sees mortgages touch a high Shanghai Daily (subscription) Banks in Shanghai extended 5.67 billion yuan (US$910 million) in individual mortgages in January, up 3.59 billion yuan from the same month last year. It was the highest in nearly 2 years, the Shanghai headquarters of the People's Bank of China said in ... See all stories on this topic » | ||
| Citigroup to Morgan Stanley Targeting Europe Property: Mortgages San Francisco Chronicle Citigroup will give commercial mortgages for "property finance to less straightforward trades, provided they are well structured and we are comfortable with the underlying asset," said Wesley Barnes, head of European commercial real estate finance at ... See all stories on this topic » | ||
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| Blizzards 'hobble mortgages drive' The Independent January's snow put the brakes on the growing momentum in the mortgage market after the first fall in the number of home loans since September, according to the British Bankers' Association. Lenders made 32,288 loans for home purchase, down 3.4 per cent ... See all stories on this topic » | ||
| Blueprint calls for shifting U.S. housing finance to private sector Thomson Reuters News & Insight The private sector would then bear the losses for defaulted mortgages, except in catastrophic circumstances, in which case a public guarantor funded by premium payments would provide a backstop. "Our housing system is outdated and not equipped to keep ... See all stories on this topic » | ||
| Average interest-only mortgages for over-65s are £43000 Financial Reporter Over-65s are paying off average interest-only mortgages of £43,000 outlining the scale of the interest-only time-bomb and the need for solutions, analysis of customer data by equity release lender More 2 Life shows. The lender is urging the Financial ... See all stories on this topic » | ||
| Australian banks are making a profit of almost $80000 profit on each new ... The Daily Telegraph But Mr Mott said the surge in profits stemming from the mortgage sector is being eroded by the the growing losses being made by the bank's generous term deposit rates - which he expects to continue falling over coming months "Banks are in a purple ... See all stories on this topic » | ||
| Accord cut mortgage rates by up to 0.40% for first-time buyers MyFinances.co.uk Accord Mortgages has released a range of mortgages for first-time buyers and borrowers with low amounts of equity. Its new range of 90 per cent loan-to-value (LTV) mortgages has rates up to 0.40 per cent lower than the products they are replacing. See all stories on this topic » | ||
| Banks' high LVR mortgages Interest.co.nz Download it from Adobe. Banks' high LVR mortgages. ofInterestNZ·3,568 videos. Subscribe Subscribed Unsubscribe 1,014. 14 views. Like 0 Dislike 0. Like. Sign in to YouTube. Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, ... See all stories on this topic » | ||
| Remortgage levels drop in 2012 moneyfacts.co.uk Levels of activity in the UK's remortgage market remained in a rather subdued state during last year, according to a new report by Lloyds Banking Group. The number of borrowers taking out remortgage products dropped by 12% during 2012 compared with ... See all stories on this topic » | ||
| Moody's Promises Caps on Mortgage-Bond Ratings as Terms Loosen Bloomberg Ratings companies, after fueling the U.S. mortgage-credit bubble that caused a global financial crisis, are now confronting lenders and bond sponsors such as Credit Suisse Group AG (CSGN) and JPMorgan Chase & Co. (JPM) that seek safer contracts for ... See all stories on this topic » | ||
| Commission recommends killing Fannie and Freddie CBS News But the process of transitioning from a government-dominated mortgage system to a private one will take between five and ten years and include several steps along the way. "It's not going to be a radical dramatic change," said commission co-chair Mel ... See all stories on this topic » | ||
| Fix Isn't In for Housing Finance Wall Street Journal While long-term, fixed-rate mortgages are incredibly popular, any effort to address the broken housing-finance system must also acknowledge that they come at a big cost. Write to David Reilly at david.reilly@wsj.com. A version of this article appeared ... See all stories on this topic » | ||
| Moody's Not On Board With Making Mortgage Securitization Fun Again DealBreaker You can bracket the question of whom residential mortgage backed securitizations were designed to confound, and just take a moment to realize: they kind of screwed the banks that did them, no? I mean, "compared to what" I guess – imagine if Countrywide ... See all stories on this topic » | ||
| Chase reports helping 1000 Oregonians with foreclosure relief Portland Business Journal (blog) JPMorgan Chase reports providing mortgage relieve to more than 87,000 homeowners nationwide, including more than 1,000 in Oregon, under the national mortgage settlement. The New York-based bank expects to fulfill its settlement commitments within ... See all stories on this topic » | ||
| Oregon Again Considers Reverse Mortgage Borrowers and Tax Deferrals Reverse Mortgage Daily After going back and forth about whether reverse mortgages can qualify for Oregon's senior tax deferral program, lawmakers are once again revisiting the issue, according to a Statesman Journal article. In 2011, the state made headway toward eliminating ... See all stories on this topic » | ||
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| Housing sector cannot be developed without mortgages– NIESV ... By ojiego There is no way the housing sector can develop without mortgages. And there is no way the mortgage sector can develop without a reform of the land tenure system because ultimately, those who give you mortgages must rely on something as ... Vanguard News | ||
| Accord Mortgages cut rates for FTB's - House Price Crash By ben Myfinances.co.uk: Accord cut mortgage rates by up to 0.40% for first-time buyers. Accord Mortgages has released a range of mortgages for first-time buyers and borrowers with low amounts of equity. Posted by ben @ 10:55 AM (315 views) ... House Price Crash News Blog | ||
| Mortgage Write-Downs Total $19 Billion Thus Far | The Niche Report By TheNicheReport magazine American borrowers owe approximately $19 billion less on their mortgages, and they expect to continue paring their debt as 2013 continues. Those mortgage write-downs are part of the landmark National Mortgage Foreclosure Settlement of ... The Niche Report | ||
| Examine Second Mortgages The Straightforward Way With A ... By eanaetiod You are capable to take out a second mortgage for just about any cause. However as the loan is secured against your house you have to make sur… A second mortgage is a variety of mortgage that can be taken out on a property that has a ... Coach Outlet Online |
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