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| Stern Advice: New math for old mortgages Reuters In a way, you can, says Keith Gumbinger of HSH.com, a Riverdale, New Jersey, mortgage research firm. His theory is that you can lower your effective interest rate by pre-paying the loan. That's a strategy that might be especially useful for homeowners ... See all stories on this topic » | ||
| Canada PM: Wants to Ensure Mortgages, Housing Market Remain "Stable" Fox Business Canadian Prime Minister Stephen Harper said Wednesday his government wants to ensure mortgages and the housing market remain "stable," as he defended government moves to dissuade financial institutions from lowering mortgage rates. "We want to ... See all stories on this topic » | ||
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| Generation Plans to Reposition Reverse Mortgages with New Technology Reverse Mortgage Daily Generation mortgage is making a play at reverse mortgage market growth through the launch of a new technology the company says will "reposition" reverse mortgages. The new app planning tool, "nu62(SM)," shows the correlation of home equity amount to ... See all stories on this topic » | ||
| Call it Cammie Mae? Osborne gets UK to back mortgages MarketWatch (blog) As part of the budget, British Chancellor George Osborne said the government will put 3.5 billion pounds ($5.3 billion) into home-buying support programs as well as a program to guarantee up to 130 billion pounds of mortgages with 5% down payments over ... See all stories on this topic » | ||
| Spanish Banks Cut Developers as Zombies Dying: Mortgages Businessweek 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-based consulting firm that has advised on 22 billion ... See all stories on this topic » | ||
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| Mortgages with negative equity increased slightly in fourth quarter Business Record Real estate analytics firm CoreLogic Inc. said in a report that 14,928 mortgages were in negative equity during the fourth quarter of 2012 in Greater Des Moines. The number, representing 13.3 percent of all residential properties with a mortgage... See all stories on this topic » | ||
| Canada's Flaherty Worried About Impact of Higher Rates on Mortgages Fox Business "My concern for a number of years is that with very low interest rates is to ensure that people can afford their mortgages when interest rates go up," he said at the Roots leather factory in Toronto while choosing a new pair of shoes to wear while ... See all stories on this topic » | ||
| Owners of energy-efficient homes are less likely to default on mortgages RealEstateRama (press release) "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 Market Transformation (IMT), a nonprofit organization dedicated to promoting ... See all stories on this topic » | ||
| Budget 2013: Should the state really be underwriting our mortgages? Telegraph.co.uk (blog) Did the phrase "sub-prime" flit across your mind when George Osborne announced his stonking £130bn mortgage guarantee scheme for people who cannot find the necessary deposit? He is right that the biggest barrier to people entering the housing market ... See all stories on this topic » | ||
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| HSBC axes interest-only mortgages except for its richest customers (and that ... This is Money 'Currently the majority of HSBC's interest-only mortgage customers qualify for Premier. The changes are being made ahead of the Mortgage Market Review (MMR), which is expected to treat interest only mortgages as a niche product offering when it comes ... See all stories on this topic » | ||
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| Conservative minister Bernier criticizes Flaherty for mortgage rate intervention Financial Post (blog) Small Business Minister Maxime Bernier believes the finance minister overstepped his bounds by having his office phone Manulife Financial and ask they withdraw their discount on five-year mortgages to 2.89% from 3.09. Bernier told reporters Wednesday ... See all stories on this topic » | ||
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| Deutsche Bank takes $800 million lawsuits charge over US mortgages KOMO News Deutsche Bank takes $800 million lawsuits charge over U.S. mortgages. By Associated Press Published: Mar 20, 2013 at 10:16 AM PDT Last Updated: Mar 20, 2013 at 10:16 AM PDT. Share this story. Comments; print · email. FRANKFURT, Germany (AP) ... See all stories on this topic » | ||
| Refinance Demand Keeps Slowing MortgageLoan.com Mortgage applications for both home purchases and refinances fell last week, with refinancing dropping to its lowest share of total activity in 10 months. Refinance applications fell a seasonally adjusted 8 percent, according to this morning's weekly ... See all stories on this topic » | ||
| Spectre of Euro regulation fades on BTL mortgages Rentman Software The move had caused an outcry with the suggestion that buy-to-let mortgages should be treated as residential mortgages, with borrowers assessed in the same way – on earnings and not on rental income. As with residential mortgages, buy-to-let lenders ... See all stories on this topic » | ||
| Osborne Plans Mortgage-Guarantee Program to Stimulate Lending Bloomberg U.K. Chancellor of the Exchequer George Osborne announced a plan to guarantee as much as 130 billion pounds ($197 billion) of new mortgages to stimulate demand from home buyers with limited cash to put down a deposit. The government will ... See all stories on this topic » | ||
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| LCQ16: Co-financing schemes 7thSpace Interactive (press release) (a) According to the information provided by banks to the Hong Kong Monetary Authority (HKMA), the annual amount of newly approved first residential mortgage loans involving second mortgages from 2009 to 2012 was between $1.479 billion to $3.882 ... See all stories on this topic » | ||
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| U.S. Mortgage Applications Fall 6.9% in Week NASDAQ The refinance index declined 8% for the week ended Friday from the previous week, according to MBA's weekly survey, which covers more than three-quarters of all U.S. residential-mortgage applications. On a seasonally adjusted basis, purchasing index ... See all stories on this topic » | ||
| Freddie Mac sues 15 banks over LIBOR Columbus Dispatch It names the banks that set the London interbank offered rate, known as LIBOR, which provides the basis for trillions of dollars in contracts around the world, including mortgages, bonds and consumer loans. In a growing scandal, two big British banks ... See all stories on this topic » | ||
| Mortgage Prof.: Reverse Mortgage Borrowers Control Their Own Risk Reverse Mortgage Daily There are some risks associated with reverse mortgages, but borrowers are in control of those risks, writes Jack Guttentag, a.k.a. The Mortgage Professor, in a new column this week published by Inman News. In addressing a question about reverse ... See all stories on this topic » | ||
| J.P. Morgan to Issue Its First Mortgage Bond Since 2007 Fox Business J.P. Morgan's offering is supported by 752 jumbo mortgage loans, most of which of which were originated by J.P. Morgan and First Republic Bank, said Fitch Ratings Wednesday, giving most of the deal the highest triple-A credit rating. The loans filling ... See all stories on this topic » | ||
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| Budget 2013: Homeowners big winners but even estate agents worry about ... Telegraph.co.uk (blog) "The range of measures announced under the 'Help to Buy' scheme to kick start the housing market are much needed. Helping those who can't afford large deposits by using the Government's balance sheet to guarantee mortgages and using capital savings ... See all stories on this topic » | ||
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| Freddie Mac and Fannie Mae Find Big Reasons to Rally TheStreet.com The Libor, or London interbank offered rate, provides the basis for trillions of dollars in global financial instruments including mortgages, bonds and consumer loans. In a report Wednesday we learned the unsavory details. The report states: "In a ... See all stories on this topic » | ||
| How is Cyprus affecting mortgage rates? HSH Financial Publishers (blog) foreign currency Rates on the most popular types of mortgages barely moved, according to HSH.com's Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages rose by one basis point (0.01 percent) to 3.74 percent, a new ... See all stories on this topic » | ||
| Lawsuits force Deutsche Bank to restate 2012 profits Chicago Tribune FRANKFURT (Reuters) - Deutsche Bank cut its previously reported 2012 pretax profit by 600 million euros ($773 million) on Wednesday, hit by new charges related to mortgage-related lawsuits and other regulatory investigations. Europe's biggest bank by ... See all stories on this topic » |
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| Freddie Mac Lawsuit: Big Banks Rigged LIBOR - Booman Tribune ... By Steven D <admin@boomantribune.com> Freddie Mac, i.e., the Federal Home Loan Mortgage Corporation, was created in 1970 to increase liquidity in the secondary mortgage market as a means to make home ownership more affordable. As a result, Freddie Mac did, and still does, ... Booman Tribune | ||
| Bernier to Flaherty: Let market rule mortgage rates | iPolitics By Canadian Press Not everyone in the Conservative cabinet is backing Jim Flaherty's latest intervention in the mortgage market. Small Business Minister Maxime Bernier says he believes the finance minister overstepped his bounds by having his office phone ... iPolitics |
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| 'Underwater' Mortgages Decline by 1.7 Million Over Last Year The number of U.S. homeowners owing more on their mortgages than their homes are worth declined by 1.7 million from a year earlier, according to recently ... www.breitbart.com/.../Underwater-Mortgages-Decline-By-1-7-... | ||
| Mortgages just for U.S. military | UTSanDiego.com VA mortgages make buying a home simple and affordable. says Linda Lee, president of the San Diego Association of Realtors. Some applicants even qualify for ... www.utsandiego.com/.../veteran-affairs-loans-va-loan-mortga... | ||
| Lowell Five Mortgages Mortgages. We've been financing homes and building communities for 160 years . Our team of local, dedicated professionals will be there for every step along ... www.lowellfive.com/personal/mortgage-loans/mortgages/ | ||
| Commercial Mortgages Returned 4.7 Percent for Life Companies ... Life companies and pension funds increased their market share of commercial property financing last year despite ongoing industry deleveraging, and the ... www.multihousingnews.com/...4.../1004075590.html |
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