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

Google Alert - Mortgages

$
0
0
News36 new results for Mortgages
 
Interest-only mortgages are storing up trouble, warns City regulator
The Guardian
Almost half of all people with "interest-only" mortgages– about 1.3 million homeowners – may not have enough money to pay off their home loan when it matures and face an average shortfall of more than £71,000, according to new research by the main ...
See all stories on this topic »

The Guardian
Fannie, Freddie agency nominee signals desire to preserve government-backed ...
Washington Post
A decision to maintain a significant role for the government in the housing market would continue to make affordable 30-year mortgages available to most Americans, analysts say, although it would also mean that taxpayers would continue to be exposed to ...
See all stories on this topic »
What will the mortgage industry take from the FLS announcement?
Money Marketing
Chancellor George Osborne says: "The Funding for Lending Scheme has already reduced the costs of household mortgages and loans for businesses. This innovative extension will now do even more for small and medium-sized businesses so they can play ...
See all stories on this topic »

Money Marketing
Berkadia Looks Beyond Apartments as US Retreats: Mortgages
Businessweek
The commercial mortgage originator and servicer plans to expand its financing of offices, retail properties and hotels, said Hugh Frater, Berkadia's chief executive officer. The bulk of the Horsham, Pennsylvania-based company's business is currently ...
See all stories on this topic »
Mortgages top list of troops' consumer complaints
AirForceTimes.com
While discussions with troops in the field have indicated that permanent change of station moves present unique challenges for troops — who may have to continue making mortgage payments on a house at a previous duty station — the data doesn't capture ...
See all stories on this topic »
Judge dismisses mortgage misselling case as client was 'negligent'
Money Marketing
A court has dismissed a negligent advice claim against a Savills Private Finance broker despite finding the adviser had been in breach of his duties, as the client was guilty of "contributory negligence". The case has lead experts to point out that ...
See all stories on this topic »
Santander muddles mortgage payments
Telegraph.co.uk
This concerns my daughter who had a mortgage with Santander which I wanted to pay off for her. She asked about the settlement figure required at one branch and I made the same request at my local branches just to make sure. All three stipulated that ...
See all stories on this topic »

Telegraph.co.uk
Lender raises 'tracker' mortgage rates for 13500 customers
Telegraph.co.uk
Thousands of UK mortgage customers who have borrowed from the Bank of Ireland will see their monthly interest payments double from today as the Bank raises its tracker rate. The lender announced plans to raise rates in February, saying that despite the ...
See all stories on this topic »

Telegraph.co.uk
THERE has been a fall in the number of new mortgages approved by banks.
Herald.ie
But this was down 11pc from the same month last year, according to figures from the Irish Banking Federation. The banking lobby group said there was a rise in the number of mortgages approved in March when compared with February this year. The value of ...
See all stories on this topic »
Mexico's Record Foreclosures Impeding Home Ownership: Mortgages
Businessweek
San Mateo's deserted homes are evidence of the exodus from commuter towns that sprang up across Mexico during the last six- year presidential administration as a record 3 million government-backed mortgages and housing credits helped turn builders into ...
See all stories on this topic »
Thousands with interest-only mortgages could lose their homes
The Independent
Some 2.6 million interest-only mortgages are due for repayment over the next 30 years, but the FCA's research has revealed that one in 10 borrowers has no plan for repaying it. It also shows that nearly half of those with interest-only mortgages due to ...
See all stories on this topic »
Mortgage Trust launches new BTL loans
Mortgage Introducer
Sister company of Paragon Mortgages, Mortgage Trust is launching two new two-year fixes - for purchase or remortgage - with rates of 3.79% with a 1.5% product fee and 4.25% with a fixed fee of £995. The new range also includes three remortgage only ...
See all stories on this topic »

Mortgage Introducer
FCA steps in early over interest-only mortgage time-bomb
Reuters UK
The FCA was launched last month with a specific remit to protect consumers and end a history of mis-selling financial products, including endowment mortgages and pensions, stretching back two decades or more. The FCA aims to head off problems earlier, ...
See all stories on this topic »
Thousands of homeowners facing huge increase in Bank of Ireland mortgage...
Daily Mail
A typical change will see a buy-to-let mortgage holder who is currently on a rate of 2.25% - made up of the base rate plus 1.75% - see it rise to 4.99% from today, representing the Bank rate plus 4.49%. For residential customers, changes will be ...
See all stories on this topic »

Daily Mail
Is a reverse mortgage right for you?
MyFox Atlanta
But reverse mortgages aren't without controversy. Adams says when reverse mortgages were first introduced there was no government intervention. He says even though the Federal Housing Administration now insures all reverse mortgages, the fees ...
See all stories on this topic »
The real cost of home ownership
Globe and Mail
Any veteran homeowner can tell you that mortgage payments are only a portion of what it costs to own a home. First-time buyers may be familiar with additional costs such as property taxes, but there's a whole range of other expenses that are sporadic ...
See all stories on this topic »

Globe and Mail
Feds to act on reverse-mortgage evictions
MarketWatch (blog)
Reverse mortgages allow people age 62 or older to convert their home equity into cash, and almost 600,000 reverse mortgages are currently outstanding nationwide. But the balances on some mortgages become due with interest when the borrower dies.
See all stories on this topic »
Interest-Only Mortgage Alert in UK Downgraded to Wake-Up Call
Bloomberg
The U.K. financial regulator backed off warnings that interest-only mortgages were a "ticking time bomb," saying most borrowers can repay the loans. Britons who took out the loans during the property boom and don't have enough savings to repay the ...
See all stories on this topic »
Warning for homeowners with interest-only mortgages
ITV News
The FCA, the new authority looking after consumers' treatment at the hands of banks and building societies, reveals today that nearly half of all householders with interest-only mortgages simply won't have the cash to pay for the roof over their head.
See all stories on this topic »
Lifetime mortgages an option for struggling interest-only borrowers - FCA
Mortgage Solutions
The report said lenders offering extensions to the mortgage term end should consider whether this constituted a lifetime mortgage. If so, the lender would have to enter into a new mortgage contract with the customer in line with equity release regulation.
See all stories on this topic »
Nationwide: "Momentum" in housing market despite drop in prices
MyFinances.co.uk
The FLS has led to a drop in the cost of most mortgages with the average two-year fixed rate deal now at around three per cent for borrowers with at least 25 per cent equity. Nationwide said that the proportion of mortgage loans in February accounted ...
See all stories on this topic »
Freddie Mac Economist: Maine Has High Rate of Delinquent Mortgages - Mpbn
MPBN News
That's according to Frank Northaft, chief economist for Freddie Mac, one of the major entities that buys mortgages from banks. But Northaft says there are signs more Mainers are taking advantage of the federal Home Affordable Refinance Program - or ...
See all stories on this topic »
Daily Mortgage Rates: Chase Fixed-Rate Mortgages and ARM Loans for May 1 ...
Eastern Morning Herald
Daily Mortgage Rates: Chase Fixed-Rate Mortgages and ARM Loans for May 1, JPMorgan Chase & Co. (NYSE: JPM) conducts its banking operations through its subsidiary Chase Bank. The bank provides home purchase and refinance loans for borrowers ...
See all stories on this topic »

Eastern Morning Herald
Accord Mortgages increases maximum LTV on flats and apartments
Mortgage Strategy
Accord Mortgages product manager Jemma Smith says: "We continue to work closely with our intermediary partners, and value their views, and as a result of recent feedback we have increased the maximum LTV limits on flats. "We expect the increase in ...
See all stories on this topic »
Thousands to experience rise in Mortgage Rates from BOI
FinancialAdvice.co.uk
Thousands to experience rise in Mortgage Rates from BOI. Thousands of borrowers who took out tracker mortgages with the Bank of Ireland (BOI) will see their rates increase from Wednesday, leading to a barrage of official complaints. The change in rates ...
See all stories on this topic »
Bank of Ireland criticised over UK tracker mortgage rate increase
RTE.ie
Bank of Ireland has come in for criticism from consumer groups in Britain over its decision to increase interest rates on around 13,500 tracker mortgages from today. The bank said that the tracker mortgages, which were sold before 2004, contain clauses ...
See all stories on this topic »
People on interest-only mortgages face 'wake up call'
ITV News
A regulator has warned home owners on interest-only mortgages that they are facing a "wake-up call" because up to half of these borrowers will not have enough money to pay their loans back. The Financial Conduct Authority (FCA) fears that consumers are ...
See all stories on this topic »
Fixed-rate mortgage demand rises to highest level in five years led by NSW ...
Property Observer
April figures show that 28.04% of all new Mortgage Choice-submitted home loans approved in April were on fixed rates, up from 27.58% in March and 18.41% in February, the highest level of interest in fixed rate loans since March 2008, when demand ...
See all stories on this topic »
Q & A: Home Equity Loans, Reverse Mortgages
World Property Channel
A: Banks are still giving reverse mortgages and they could be a great thing for seniors as long as both they, and their families, are aware of what's entailed. The best thing about a reverse mortgage is that the owners can stay in the home, remain on ...
See all stories on this topic »
MAB opens fifth mortgage shop
Mortgage Introducer
"The vast majority of mortgage brokers are not visible to the public on the high street, but a mortgage shop branded as professionally as any mainstream lender can soon become the first stop for customers who want genuinely independent mortgage advice.
See all stories on this topic »
CML commits to FCA interest-only plan
Mortgage Introducer
The regulator recognises that the responsibility for repaying the mortgage lies with the customer but emphasises that firms should nevertheless have a systematic and consistent approach to communication and practice to ensure that customers are treated ...
See all stories on this topic »
FCA: Lenders to contact interest-only borrowers
Mortgage Introducer
FCA: Lenders to contact interest-only borrowers. The FCA has published the findings of review into interest-only mortgages and reached an agreement with lenders to contact interest-only borrowers, writes Ryan Fowler.
See all stories on this topic »
First time buyer mortgages: Welsh home prices rise with buyer confidence
FirstRungNow
Richard Donnell, director of research at Hometrack, stated that the increase may be due to the rise of mortgage availability and lenders dramatically reducing their rates under the coalition's flagship Funding for Lending scheme. Another main drive may ...
See all stories on this topic »
Controversial rescue of underwater NLV homes to be decided in June
Las Vegas Sun
The council's decision to hold a vote on the proposal is a victory for Mortgage Resolution Partners, which has had little success so far pitching its plan to other local governments in the valley, none of which have formally considered it. "I think it ...
See all stories on this topic »
AFG achieves highest ever monthly mortgage sales of $3.2 billion in April
Property Observer
Mortgage broker AFG processed $3.2 billion in mortgages over April, 40% higher than the $2.2 billion in mortgages it wrote in April 2012 - and its best month on record. This was just higher than its previous record-breaking month in March, when the ...
See all stories on this topic »
For Gen Y, renting sounds great – but try finding an affordable place
Globe and Mail
It's a tough time to be a renter. I was rejected – and yes, I'm feeling pretty sorry for myself. After searching for a bigger apartment on and off for the better part of a year, my partner Don and I finally put in an application for a place we liked ...
See all stories on this topic »

Globe and Mail

Blogs2 new results for Mortgages
 
CBO | Modifying Mortgages Involving Fannie Mae and Freddie Mac ...
At the end of 2012, housing prices were 30 percent below their peak in 2006, and about one-fifth of borrowers with residential mortgages were "underwater," owing more than the value of their homes. Default rates are particularly high among ...
ExcitingAds! Gov
Fall in real cost of buy to let mortgages in the UK - Property Community
By Editor
The real cost of buy to let mortgages fell by 0.33% in the first three months of 2013 and the gap between three and five year rates narrowed, new research shows The data from specialist broker.
Overseas Property Investment Forum

Web7 new results for Mortgages
 
Mortgages top list of troops' consumer complaints | Navy Times ...
About a third of veterans considered to be at high risk for suicide don't receive the recommended...- 05/1/2013. Mortgages top list of troops' consumer complaints ...
www.navytimes.com/.../Mortgages-top-list-troops-consumer-c...
15-Year Mortgages Are Astonishingly Cheap - DailyFinance
How cheap are 15-year fixed-rate mortgages today? The answer may surprise you.The fact is, 15-year FRMs now cost less (in annual interest rates)
www.dailyfinance.com/.../15-year-mortgages-are-astonishingl...
Fannie to share data on 18 million mortgages to woo risk-takers ...
Fannie Mae will release performance information for more than 18 million individual mortgages, joining rival Freddie Mac in taking the step as the government- ...
www.northjersey.com/.../205422601_Fannie_to_share_data_o...
Mortgages - Providence Bank
Providence Bank Mortgage brings you flexible mortgage financing options and the personal service of a local bank – the best of both worlds! Call us when you ...
https://www.pbknc.com/products/personal.../loans/mortgages/
Mortgages - - Commerce Bank
Through our mortgage division 1-800-East-West, we are offering mortgage services that make it easy to buy or refinance your home. We have great rates, ...
https://www.bankatcommerce.com/mortgages.htm
Middlesex Federal Savings [Mortgages& Loans] -
Middlesex Federal can provide you with a mortgage to suit your needs. Whether you are purchasing your first home, a new home or refinancing your existing ...
www.middlesexfederal.com/MORTGAGES-LOANS
Dollar Bank Experts On Mortgages« CBS Pittsburgh
Dollar Bank's Mike Henry and Maria Chick discuss how to improve your credit score, and how to improve your mortgage.
pittsburgh.cbslocal.com/.../dollar-bank-experts-on-mortgages/


This once a day Google Alert is brought to you by Google.

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

Viewing all articles
Browse latest Browse all 5119

Trending Articles