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| Mortgage fraud rises for sixth successive year FT Adviser Mortgage fraud cases were highest amongst the 'suburban mindsets' group, which accounted for 15 per cent of 'first party' fraud cases. According to the report this group is made up of predominantly middle aged, middle and skilled working class individuals. See all stories on this topic » | ||
| Stately Detroit Homes Rot as Appraisals Stall Sales: Mortgages San Francisco Chronicle A broken mortgage system means that residents are missing out on some of the lowest borowing costs on record with the average rate for a 30-year fixed loan at 3.54 percent, according to Freddie Mac. Of the 578 mortgages for purchases last year in ... See all stories on this topic » | ||
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| PIMCO flagship fund raises Treasury holdings, cuts mortgages Reuters The fund also decreased its mortgage holdings to 33 percent from 36 percent. Gross said on Twitter on Monday that investors should buy Treasuries because the BoJ's monthly purchases of over 7 trillion yen ($75 billion) of long-term government bonds, ... See all stories on this topic » | ||
| With mortgages, sometimes less is more White Mountain Independent When I bought my first house, lo, these many decades ago, George Bailey at the savings and loan - you didn't normally get a home loan from a bank back then - said I could spend 25 percent of my income on a 15-year mortgage payment. Twenty years was ... See all stories on this topic » | ||
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| Mortgage fees climb to 25-year high moneyfacts.co.uk Despite a large number of mortgage lenders driving their rates down to record lows over recent months, arrangement and booking fees have been steadily rising. During the first three months of this year, fees have risen by £112, with average fees in the ... See all stories on this topic » | ||
| Mortgage arrears rates rise slightly in final quarter of 2012: Fitch Property Observer There was a small increase in the number of home loan borrowers more than one month behind in their mortgage repayments in the final quarter of 2012, according to the latest Fitch Dinkum Index. The index monitors underlying Australian residential ... See all stories on this topic » | ||
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| First time buyer mortgages rise as number of homes reaches three-year high FirstRungNow The number of homes sold in the east of England has reached a three-year high, according to a recent RICS housing survey, encouraging a boost in the rate of first time buyer mortgages taken out. The report revealed that, on average, 18 homes had been ... See all stories on this topic » | ||
| NY AG responds to bank's motion to dismiss RMBS suit Legal News Line In October, Schneiderman, in his role as co-chair of the Residential Mortgage-Backed Securities Working Group, sued JPMorgan Securities LLC — formerly known as Bear Stearns and Co. Inc. — JPMorgan Chase Bank NA and EMC Mortgage LLC. See all stories on this topic » | ||
| Consumer groups accuse BoI of 'dirty tricks' over tracker mortgages Irish Examiner According to the Irish Independent, Pollsters Red C have carried out research on behalf of the bank to see what might encourage tracker mortgage holders to move off their product which has a very favourable interest rate. It is estimated that Bank of ... See all stories on this topic » | ||
| Reverse mortgages to be discussed at program Hickory Daily Record HICKORY, N.C. — A program on reverse mortgages will be presented at 2 p.m. Monday, April 15, at West Hickory Senior Center. A reverse mortgage is a program that allows homeowners 62 and older to use their home equity while maintaining ownership ... See all stories on this topic » | ||
| Taiwan soon to take applications for reverse mortgage trial run Focus Taiwan News Channel Taipei, April 9 (CNA) Taiwan will begin to accept applications for reverse mortgages before the end of April as the next step in a pilot program to introduce the financing tool in the country, the Ministry of the Interior said Tuesday. After announcing ... See all stories on this topic » | ||
| HARP Refinancing Remains Strong MortgageLoan.com Nearly 100,000 mortgages were refinanced through the Home Affordable Refinance Program (HARP) in January, more than one-fifth of all home loans refinanced during the month as demand for the program remains strong. Underwater mortgages accounted ... See all stories on this topic » | ||
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| Refinancing Fair Draws Crowds to Hyattsville Patch.com 31, the program was designed by the Obama administration to help borrowers behind on their mortgages. Many borrowers have not been able to refinance to today's historically low interest rates. "There are nearly 80,000 borrowers in Maryland that may be ... See all stories on this topic » | ||
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| Analyst: Subprime mortgages are back and dangerous Housing Wire Subprime mortgages led to the demise of the housing market in 2008, but one blogger suggests the dangerous subprime mortgage market is back again. Jack Guttentag posted a blog on Inman News saying subprime mortgages consist of: expensive ... See all stories on this topic » | ||
| Taiwan Prepares Reverse Mortgage Rollout, Excludes Borrowers With Heirs Reverse Mortgage Daily Taiwan will begin accepting applications for reverse mortgages before this month ends, reports Focus Taiwan, the latest in the pilot program's national rollout. After announcing the pilot program on March 1, Taiwan's Ministry of the Interior held a ... See all stories on this topic » | ||
| Wells Fargo's Earnings: Will The Mortgage Machine Keep Humming? Forbes The bank is also focused on the mortgage business which witnessed a refinancing boom over the last two years. The resulting reduction in net-interest margin and mortgage origination figures were already witnessed in the results for Q4 2012, and these ... See all stories on this topic » | ||
| Mortgage fees hit 25 year high Mortgage Solutions According to data from Moneyfacts.co.uk, mortgage arrangement fees have already risen by £112 this year, increasing from an average of £1,410 in January to £1,522 by this April. In January a two-year fixed rate mortgage up to 90% loan to value (LTV ... See all stories on this topic » | ||
| Mortgage fees 'soar to new high' expressandstar.com Across all mortgages currently on the market, the typical fee being charged has risen by £112 since the start of 2013 to reach £1,522, marking the highest average figure recorded by Moneyfacts.co.uk in 25 years. A borrower with a 10% deposit who is ... See all stories on this topic » | ||
| Wells Fargo Sells Servicing on Fannie Mae Loans to Walter Businessweek Wells Fargo was ranked as the largest U.S. residential mortgage servicer at the end of December, with contracts on $1.87 trillion in unpaid home loans. The bank said in 2011 that it would stop originating reverse mortgages. Today's transaction won't ... See all stories on this topic » | ||
| Charlie Weston on tracker mortgages Irish Independent Charlie Weston on tracker mortgages. Comments. Email; Print; Font Size. 09 April 2013. Download our Free iPhone App Now · Download our Free Android App Now. Comments. Email; Print; Font Size ... See all stories on this topic » | ||
| Hot demand for 95% mortgages at Scholars Court Easier (press release) Eager property-seekers have been taking their chance to snap up stunning homes under the NewBuy initiative at Scholars Court, Taylor Wimpey's sought-after development in Anerley. The Government-backed scheme offers credit-worthy purchasers a ... See all stories on this topic » | ||
| OCC and Federal Reserve Announce Payments Covered by Foreclosure ... LoanSafe The agreement, which was reached earlier this year, provides $3.6 billion in cash payments to borrowers whose homes were in any stage of the foreclosure process in 2009 or 2010 and whose mortgages were serviced by one of the following companies, ... See all stories on this topic » | ||
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| Grand plan looks in danger of sinking before it's launched Irish Independent First, two of the six banks told by the Government and Central Bank to meet targets on long-term restructuring of troubled mortgages do not offer the product – Ulster Bank and KBC Bank. Second, only 52 split mortgages were in place by the end of December. See all stories on this topic » | ||
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| US banks this week begin sending checks to 4.2M who lost homes to foreclosure The Republic WASHINGTON — The nation's largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis. A total of $3.6 billion in cash will be distributed to 4.2 million borrowers ... See all stories on this topic » | ||
| Petition to Audit the Land Record Huffington Post MERS was purportedly and partially the brain child of Angelo Mozilo of Countrywide and is essentially a scheme that allows banks and servicers to evade fees normally associated with registering mortgages at local county registries of deeds. As Matt ... See all stories on this topic » |
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| Nationwide reduces rates by 0.10 per cent | #1 Mortgage Magazine ... By Rebekah Commane From Wednesday 10 April 2013, Nationwide is reducing all of its rates at 60 and 70 per cent loan to value (LTV) by 0.10 percentage points. These reductions mean Nationwide is now offering its lowest ever fixed rate mortgages. #1 Mortgage Magazine | Compare... |
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| HARP | Chase Mortgage HARP. The Home Affordable Refinance Program, also known as HARP, can help you lower your payments or change to a more stable loan type. A HARP loan ... https://www.chase.com/mortgage/harp-refinance | ||
| Flawed appraisals put mortgages out of reach for buyers in best ... In most American cities, a limestone home with a large front turret and paneled library would have a waiting list of buyers at $135000. In Detroit's Rosedale ... www.crainsdetroit.com/.../flawed-appraisals-put-mortgages-ou... | ||
| More help for Illinoisans struggling with mortgages SPRINGFIELD — Illinoisans struggling to make mortgage payments because their income recently dropped now may find it easier to qualify for a government ... www.pantagraph.com/.../article_a818e820-a075-11e2-9b0e-0... | ||
| Strategies Shared For Building Purchase-Mortgages | Sioux Empire ... SIOUX FALLS, S.D.-Credit unions are not doing enough to generate more purchase-mortgage dollars going forward, according to David Bednar. Bednar is chief ... https://www.siouxempirefcu.org/strategies-shared-for-building... | ||
| Will the Market see a Influx of Reverse Mortgages? | MortgageDocs ... Photo credit: www.allrmc.com With interest rates at the lowest they've been in decades the time is optimal for older Americans with equity in their homes. mortgagedocs.com/will-the-market-see-a-influx-of-reverse-mo... |
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