Quantcast
Channel: Financial Rss
Viewing all articles
Browse latest Browse all 5119

Google Alert - Mortgages

$
0
0
News32 new results for Mortgages
 
The return of interest-only mortgages
MarketWatch
Some borrowers are choosing interest-only mortgages— which promise lower monthly payments — so they can invest spare cash elsewhere. But these loans come with many risks. For one thing, home buyers can't build equity with interest-only payments.
See all stories on this topic »
Bank of America Under NY Investigation for Mortgages
CNBC.com
Bank of America has been working to put its mortgage-related troubles behind it after sustaining more than $40 billion in losses from its home loan business since the financial crisis. Most of those losses stemmed from its 2008 purchase of Countrywide ...
See all stories on this topic »

CNBC.com
UPDATE 2-MBIA Inc shares rise on NY investigation of BofA mortgages
Reuters
March 1 (Reuters) - Shares of bond insurer MBIA Inc rose as much as 7 percent on Friday as investors bet that a new investigation into Bank of America Inc's mortgage practices would pressure the bank to settle a $5 billion lawsuit with the company ...
See all stories on this topic »
More Foreigners Get US Mortgages
NuWire Investor
Although not strange for many foreigners who buy property in like manner in their home countries, they are now seeing more opportunities to take out mortgages in Florida banks. Only a few banks are now participating, but their apparent profits may ...
See all stories on this topic »
New York AG Probes B of A Over Mortgages: Filing
American Banker
Bank of America also said it is cooperating fully with the investigation, and that it has increased its estimate of maximum liability from mortgage-related lawsuits. B of A's worst-case scenario for exposure is now $3.1 billion beyond the funds it has ...
See all stories on this topic »
High street banks target large mortgages
Financial Times
Borrowers seeking £1m-plus mortgages can now find more choice on the high street as lenders eye up the large loan market. But homebuyers with complex income streams are still unlikely to have access to the cheapest deals, brokers warn. Santander is ...
See all stories on this topic »
NRMLA President Testifies Before US Senate Committee on Strengths of ...
National Mortgage Professional Magazine
National Reverse Mortgage Lenders Association (NRMLA) President Peter Bell recently told a U.S. Senate Committee that the Department of Housing and Urban Development needs the authority to act quickly, manage risk, and strengthen the federal reverse ...
See all stories on this topic »
Mortgage Rates: Interest Rates on U.S. Mortgages Stable as Consumer ...
FreeRateUpdate.com
Current interest rates on U.S. mortgages remain stable as consumer spending increased 0.2% in January, according to the Commerce Department. Spending was up from an 0.1% rise in December and met analyst expectations. At the same time, the personal ...
See all stories on this topic »
Betting the bank on mortgages
Haaretz
The central bank's figures on business and household debt showed that mortgage lending was the banking industry's most powerful growth engine in 2012. New mortgages granted actually grew by NIS 46 billion, which was partly offset by home loans that ...
See all stories on this topic »

Haaretz
Report rethinks housing support
UPI.com
The New York Times reported Friday the report recommends phasing out the Federal Home Loan Mortgage Corp., known as Freddie Mac, and the Federal National Mortgage Association, known as Fannie Mae, but replacing them with a similar institution that ...
See all stories on this topic »
FHA Hits Brakes on Housing Recovery With Budget Cuts: Mortgages
San Francisco Chronicle
Feb. 28 (Bloomberg) -- U.S. spending cuts scheduled to kick in tomorrow will constrain the availability of Federal Housing Administration mortgages that account for about a quarter of originations, threatening its role in the year-long housing recovery.
See all stories on this topic »
Ulster Bank loses €1.2bn as one-fifth of mortgages in arrears
Irish Independent
They were not charged the full amount on their mortgage over a number of years because the bank failed to switch them from interest-only to full repayment mortgages. This follows last summer's technical glitch that saw Ulster Bank customers unable to ...
See all stories on this topic »

Irish Independent
Mortgages help boost Skipton
The Courier
MORTGAGE LENDING helped the Skipton Building Society boost pre-tax profits by as much as 64% last year, newly-published results have shown. The group, which counts branches in Perth and Dundee among an estate focused on the North of England, ...
See all stories on this topic »
A Quick Guide to Self-Build Mortgages
This is South Wales
It's easy to get a mortgage when you're buying a pre-built home in the hills or living in a gated community. It's not even so hard to get a mortgage when you're buying an office building or a storefront. As long as what you're getting a mortgage for is ...
See all stories on this topic »
Lack of mortgages keep expats from home
Mortgage Introducer
But it says the increase in enquiries is a result of a lack of suitable mortgage products for applicants with no financial history in the UK during the last two years. Henry Knight, managing director of Springtide Capital, said: "We have noticed a ...
See all stories on this topic »

Mortgage Introducer
Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First ...
FirstRungNow
"It was good to see this week's announcement from the Council of Mortgage Lenders that first time buyers are now getting onto the housing ladder in the greatest numbers since Q4, 2009 but they still need our support with tailored products," he said.
See all stories on this topic »
House prices remain flat
moneyfacts.co.uk
Some signs of improvement have emerged lately in the housing and mortgage market, as the effects of the Government's £80-billion Funding for Lending Scheme become apparent. Mortgage rates have dropped dramatically, whilst a number of highly ...
See all stories on this topic »
Is there real mortgage relief ahead?
Troy Messenger
A third progress report was issued recently by the monitor of the settlement, which, among its terms, required the banks to grant $25 billion worth of mortgage relief, much of it by reducing the principal balances on troubled loans. The report showed ...
See all stories on this topic »
Hinckley & Rugby BS reduces discount rate
moneyfacts.co.uk
Hinckley & Rugby BS reduces discount rate. Category: Mortgages Date: 01/03/2013. A rate reduction of 0.29% to its already competitive two-year discounted mortgage sees Hinckley & Rugby Building Society retain its position at the top of the market.
See all stories on this topic »
Hinckley & Rugby axes Early Repayment Charge on all mortgages
Financial Reporter
Hinckley & Rugby Building Society has today cut the interest rates of four of its mortgages and axed the Early Repayment Charge from its five year fix. The Society now has no mortgages with ERC. The ERC has been removed from the five year fix, which ...
See all stories on this topic »
Online mortgages up, more PostFinance accounts, computer peripherals down
GenevaLunch news
Swissquote's mortgage business with Basel bank BLKB has surpassed expectations, the bank says, and it expects mortgages to rise again in 2013. Last year saw a CHF130 million increase in mortgages on the bank's books. It handles the financing while ...
See all stories on this topic »
US Mortgage Rates Down While US Consumer Confidence Increases
Daily Markets
On top of this bright news about our economy, this week both fixed and adjustable-rate mortgage rates have decreased compared to last week, although mortgage applications have decreased by 3.8% this week compared to a week ago. This decrease in ...
See all stories on this topic »

Daily Markets
Protecting Consumers and Preserving Lending Programs
Center For American Progress
In particular, the comments addressed two concerns: defining mortgage-lending compensation in a way that protects consumers; and preserving lending programs that offer a gateway to safe and affordable credit. Read the full comment letter here ...
See all stories on this topic »

Center For American Progress
Private appetite for mortgages to remain muted
Structured Credit Investor (subscription)
Fitch notes that nine out of 10 mortgages still have some form of government backing, despite efforts to incentivise private investors to re-enter the mortgage market. Uncertainty regarding risk retention and bank capital rules continues to be an ...
See all stories on this topic »
China Tightens Mortgage Rules as Home Prices Keep Rising
Bloomberg
China told its central bank to raise down-payment requirements and interest rates for second-home mortgages in cities with "excessively fast" price gains, stepping up efforts to cool the property market. The People's Bank of China's regional branches ...
See all stories on this topic »
Irish banks get go-ahead to repossess homes and buy-to-let properties
IrishCentral
The report says that the banks will deal with distressed mortgages systematically in whatever way is appropriate, such as split mortgages, interest only, or debt writedowns but there will not be blanket writedowns of negative equity. It also says that ...
See all stories on this topic »

IrishCentral
The Ongoing and Hugely Risky Bailout of the Housing Market
Brookings Institution
The human cost of the housing crash has been fearful. Trillions of dollars of household wealth have evaporated, 5 million people have lost their homes, and 22 percent of the remaining homeowners still have mortgages exceeding the value of their properties.
See all stories on this topic »
Changes coming to HECM standard reverse mortgage
MarketWatch
BOSTON (MarketWatch)—The Department of Housing and Urban Development (HUD) earlier this year announced that beginning April 1, 2013 reverse mortgage borrowers will no longer be able to get a fixed rate on Home Equity Conversion Mortgage...
See all stories on this topic »

MarketWatch
30-Year Fixed Mortgage Drops to Historic Low 3.51 percent
Realty Today
According to the housing finance company Freddie Mac, the average rate on 30-year fixed mortgages dropped last week from 3.56 percent to 3.51, while the rate on 15-year fixed mortgages declined from 2.77 percent to 2.76 percent. That's not too far from ...
See all stories on this topic »

Realty Today
Cash Course in Housing Economics
Wall Street Journal
Even though overall home sales are now back to 2007 levels, mortgage activity isn't. In the fourth quarter, mortgage originations aimed at purchasing a home came to $123 billion, according to the Mortgage Bankers Association, compared with $226 billion ...
See all stories on this topic »
Woman Who Held Mortgage Fraud Seminars Sentenced
NBC 5 Dallas-Fort Worth (blog)
Investigators say Jackson helped line up buyers to submit fake invoices and secure home mortgages or loans for residential improvements. Investigators say Jackson since 2007 portrayed herself as being in the real estate business and offered seminars at ...
See all stories on this topic »
Mortgage companies to pay $9.3 billion to settle complaints
Philadelphia Inquirer
The mortgage servicers were accused of engaging in improper foreclosure methods in 2009 and 2010, including so-called robo-signing of documents - submitting them to the courts without having read them. A lengthy investigation of the practices followed, ...
See all stories on this topic »

Philadelphia Inquirer

Blogs1 new result for Mortgages
 
The Return of Interest-only Mortgages | The Niche Report
By TheNicheReport magazine
(Marketwatch) — Affluent borrowers are signing up for the same type of mortgage that pushed many homeowners into foreclosure just a few years ago. Interest-only mortgages, in which borrowers pay interest but no principal during the first ...
The Niche Report

Web5 new results for Mortgages
 
The return of interest-only mortgages - MarketWatch
Affluent borrowers are signing up for the same type of mortgage that pushed many homeowners into foreclosure just a few years ago.
www.marketwatch.com/.../the-return-of-interest-only-mortgag...
MBS RECAP: Mortgages Win Flatness Contest Vs Treasuries and ...
Flatness... That would be the best characterization for today's range in MBS. Even as Treasuries and equities futures whipped around mildly before the Stock ...
www.mortgagenewsdaily.com/mortgage_rates/.../298066.aspx
Simplifying the Reverse Mortgage Process - Home Loans ...
Reverse Mortgage Programs provide a financial solution to senior homeowners in order to ...
www.openmortgage.com/reverse-mortgage-simplified/
Specialist discusses pros and cons of reverse mortgages
A reverse mortgage specialist explains the pros and cons of reverse mortgages for older homeowners.
www.wate.com/.../specialist-discusses-pros-and-cons-of-revers...
fixed mortgage | Home Mortgages
Posted in From the Desk of Cal Haupt | Tagged 30-year mortgage, Cal Haupt, credit, fixed mortgage, housing cycle, housing market, housing rends, increase in ...
saportareport.com/leadership/homemortgages/.../fixed-mortga...


Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.

Delete this alert.
Create another alert.
Manage your alerts.

Viewing all articles
Browse latest Browse all 5119

Trending Articles