| ||
Spanish Banks Cut Developers as Zombies Dying: Mortgages Bloomberg Spain's zombie developers are finally about to die. Spanish banks are pulling the plug on thousands of builders kept alive during the past five years even as they built almost nothing, said Mikel Echavarren, chief executive officer of Irea, a Madrid ... See all stories on this topic » | ||
Fewer metro Atlanta homeowners 'underwater' on mortgages Atlanta Journal Constitution (blog) Nationally, 10.4 million, or 21.5 percent of all residential properties with a mortgage, were still in negative equity at the end of the fourth quarter of 2012, CoreLogic said, but that figure is down from 10.6 million properties, or 22 percent, at the ... See all stories on this topic » | ||
Government Should Reduce Role in Mortgages, FHFA Chief Says Wall Street Journal (blog) The U.S. government should scale back its role in the mortgage market to focus on promoting standardized practices in order to ensure that the lending market of the future isn't dominated exclusively by big banks, a top housing regulator said. Edward ... See all stories on this topic » | ||
Birmingham mortgages treading water rise in 4Q Birmingham Business Journal March 19 (Bloomberg) -- New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that's helping boost the economy. Michael McKee reports on ... See all stories on this topic » | ||
| ||
Maryland sees slight increase in underwater mortgages Baltimore Business Journal (blog) The number of Maryland homeowners underwater on their mortgages rose slightly in fourth quarter 2012, from 22.9 percent in the third quarter to 23.5 percent, according to CoreLogic. Homes are considered underwater when they are worth less than the ... See all stories on this topic » | ||
Underwater mortgages still haunt Atlanta, Georgia Atlanta Business Chronicle Georgia and Atlanta remain among the areas with the highest levels of underwater mortgages at the end of 2012, CoreLogic reported Tuesday. Of the states, Nevada had the highest percentage of mortgaged properties in negative equity at 52.4 percent, ... See all stories on this topic » | ||
| ||
Energy Star Homes Less Likely To Default Slate Magazine (blog) One possibility here is that energy efficiency is saving people tons of money, and thus they can pay off their mortgage. Another possibility would be that efficiency is a correlate of some kind of anti-default personality characteristic—like the kind ... See all stories on this topic » | ||
Mortgages and Real Estate Scottsboro Daily Sentinel Posted: Tuesday, March 19, 2013 9:32 am. Mortgages and Real Estate Melanie Bradford thedailysentinel.com | 0 comments. Readers need to beware when planning to give away property if the property is mortgaged. Normally, if you want to give property to ... See all stories on this topic » | ||
| ||
More homeowners in Chicago area upside down on mortgages Chicago Sun-Times More homeowners were underwater on their mortgages in the Chicago metropolitan area in fourth quarter of last year, running counter to improvement nationally, according to the latest report from CoreLogic. In the Chicago area, 33.3 percent, or 506,838 ... See all stories on this topic » | ||
comment(s) Fayetteville Observer New Century Bank no longer offers residential mortgages to customers, a change in direction that the company's president says will have a negligible impact on the bank and its customers. New Century in September announced the hiring of a new mortgage... See all stories on this topic » | ||
Flaherty wants to end mortgage-rate wars? He better start speed dialing Financial Post (blog) The story circulating for the past couple of weeks is the finance minister or his office has been quietly scolding major financial institutions for engaging in so-called mortgage-rate wars that had seen the advertised rates on a five-year fixed rate ... See all stories on this topic » | ||
Why homebuyers should go short on amortizations Financial Post (blog) Critics argued that because this measure boosted the minimum monthly payment for an insured mortgage, many Canadians who would have bought homes could no longer qualify – and have blamed this change for the subsequent slowdown in real estate ... See all stories on this topic » | ||
| ||
| ||
| ||
Mortgages, benefits and the battle for the bottom The Telegram Take mortgages: not that long ago, maybe a week ago, federal Finance Minister Jim Flaherty was warning Canada's banks not to get into a race for the bottom when it comes to mortgages. His painfully simple message? That it's not a good idea for everyone ... See all stories on this topic » | ||
Mansfield Building Society lowers rates on high LTV mortgages Mortgage Strategy The Mansfield Building Society has introduced new and reduced rates for three-year discounted rate mortgages at the higher loan-to-value ratios. The rates on the 80 per cent, 85 per cent and 90 per cent LTV mortgages are 2.90 per cent, 3.45 per cent ... See all stories on this topic » | ||
Halifax cuts rates on tracker and fixed mortgages Financial Reporter (press release) Halifax has announced a number of rate reductions across its range in a move to further support the UK's mortgage market. Available from today, selected rates have been reduced by up to 0.30% on a number of fixed rate and tracker mortgages, as follows: ... See all stories on this topic » | ||
Agency's Refusal to Buy Mortgage Clears Suit Courthouse News Service (CN) - A federal housing agency had every right to deny mortgage relief for properties that are encumbered by energy projects, the 9th Circuit ruled Tuesday. The federal appeals court in San Francisco dismissed a lawsuit claiming against the Federal ... See all stories on this topic » | ||
9 State AGs Call for New FHFA Head MortgageLoan.com A group of state attorneys general are calling for the replacement of Federal Housing Finance Agency head Edward DeMarco, saying his refusal to allow mortgage principle reductions is unduly prolonging the foreclosure crisis. In a letter to President ... See all stories on this topic » | ||
Mortgage Financing in Uganda Is Slow AllAfrica.com Ms Dorothy Baziwe the executive Director of Shelter and Settlement Alternatives told the East African Business week that the problem of poor Acquisition of houses in Uganda through Mortgage Financing is attributed to the poor economic performance of ... See all stories on this topic » | ||
Resetting the housing sector Deming Headlight Almost five years after the financial crisis rocked our economy, we still haven't done anything to address one of the key drivers of the crisis: The divorced-from-reality overpricing of homes and mortgages during the housing bubble. Since the bubble ... See all stories on this topic » | ||
More Bay State homes achieve positive equity Boston Business Journal (blog) The number of Massachusetts homes with underwater mortgages fell slightly at the close of 2012, amid signs that the economy is improving, according to CoreLogic, a California-based provider of real estate data. Of the 1.4 million residential mortgages... See all stories on this topic » | ||
Underwater Fairfield County: Foreclosures damp property values Ct Post CoreLogic, the California real estate data company, reported the number of homeowners who owed more on their mortgages than their homes were worth in the Bridgeport-Stamford market, which includes all of Fairfield County, increased to 15.3 percent in ... See all stories on this topic » | ||
RPT-Fitch: Irish bank provisions likely to stay high Reuters March 19 (Reuters) - (The following statement was released by the rating agency) Loan impairment charges at Irish banks are likely to remain high, especially as a stricter provisioning approach will be introduced for some Irish mortgages in arrears ... See all stories on this topic » |
| ||
CoreLogic: 10.4 million mortgages still in negative equity ... By kpanchuk The national aggregate value of negative equity fell by $42 billion to $628 billion at the end of the fourth quarter, down from $670 billion in the third quarter of 2012. The report shows, that while the housing recovery continues, the rate at which ... HousingWire | ||
Nevada Still Leads Nation in Underwater Mortgages - 8 News NOW By Steve Kanigher Nevada exited the final quarter of last year with 52.4 percent of its residential mortgages still underwater, by far worst in the nation, according to a report released Tuesday by CoreLogic. Las Vegas News from 8NewsNow.com | ||
Owners of energy-efficient homes are less likely to default on ... By RealEstateRama WASHINGTON, D.C. – March 19, 2013 – (RealEstateRama) — "Home Energy Efficiency and Mortgage Risks" was released today (March 19) by the University of North Carolina at Chapel Hill Center for Community Capital and the Institute for ... RealEstateRama | ||
Nationwide pledges to help house 750,000 people ... - Mortgage News By joanne.atkin Nationwide Building Society says it is truly 'open for business' with mortgage lending up by more than 40 per cent in a year as it works towards its pledge of housing an additional 750000 people by 2017. #1 Mortgage Magazine | Compare... | ||
Flaherty blasted for pressuring Manulife to reverse mortgage rate cut ... By The Canadian Press OTTAWA – Finance Minister Jim Flaherty is coming under fire for using his position to pressure a private sector mortgage lender to raise its interest rates. "That's Banana Republic behaviour," said NDP Leader Tom Mulcair, who added the ... Macleans.ca |
| ||
7 Banks Foreclosing on the Most Mortgages | Realtor Magazine A small portion of banks are servicing the majority of the mortgages in foreclosure . "The banks foreclosing on the most homes may not directly own the bulk of ... realtormag.realtor.org/.../7-banks-foreclosing-most-mortgages | ||
Average rate on 30-year mortgages rises to 3.63 percent ... That's the highest level in seven months but still near a historic low. www.shreveporttimes.com/.../Average-rate-30-year-mortgages... |
Tip: Use site restrict in your query to search within a site (site:nytimes.com or site:.edu). Learn more.
Delete this alert.
Create another alert.
Manage your alerts.