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News27 new results for Mortgages
 
How Obama's Call For Refinancing Mortgages Will Boost The Economy
ThinkProgress
President Obama last night called on Congress to make it easier for families to refinance their mortgages. Noting that many eligible families are having a hard time refinancing, Obama urged Congress to pass a bill as soon as it can that would ease the ...
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ThinkProgress
Mortgages, Ed Pinto, And A Vast Conspiracy Of Silence
OpEdNews
How did Pinto unearth this half century of "failure," given that the Federal Housing Administration belongs to a very elite group of mortgage lenders, those that received zero bailout funds during the financial crisis and remain standing today? Though ...
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In Frothy Real Estate Market, Switzerland Tightens Capital Rules on Banks
New York Times
Greater demand for Swiss homes has pushed up prices at a time of low interest rates and led many buyers to take on larger mortgages. The Swiss central bank has been unable to cool the market by increasing borrowing rates because of an overvalued Swiss ...
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New York Times
Making Home Affordable (MHA) Anchored By HARP, HAMP Mortgages
The Mortgage Reports
Other programs as less well-known, including the Home Affordable Unemployment Program (UP) through which eligible homeowners can get access to reduced mortgage payments, or a temporary mortgage payment suspension program. Specific MHA ...
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Private Mortgages Protect You During a Downturn
WebWire (press release)
Did you know that some private mortgage lenders have job loss features that help you keep your house if you or your partner lose your job? It's true! When you choose to work with us as your Toronto mortgage broker we'll help you find all the right ...
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Banks will now review mortgages
FierceFinance
The initial strategy of course was to use newly formed consulting units to review every mortgage with a problem. That proved costly (to the tune of $2 billion in 14 months) and time consuming, and the anger boiled over last month, when a new settlement ...
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Billionaire Hughes Chasing Blackstone as Rental King: Mortgages
San Francisco Chronicle
Feb. 13 (Bloomberg) -- B. Wayne Hughes, a sharecropper's son who became a billionaire pioneering warehouses for Americans needing storage space, is buying thousands of houses to rent as more people find homeownership out of reach. Hughes, 79, has ...
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Help For Servicemembers With Underwater Mortgages
Mortgage Rates & Trends (blog)
If you're a servicemember or veteran whose home is underwater, you're not alone. There are thousands of homeowners swimming in a sea with the same problem. Thankfully, there may be some relief that you just haven't learned about yet. Last June, the ...
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Mortgage Rates & Trends (blog)
Less than half of today's mortgages will qualify under new mortgage rules
UPI.com
Two new Treasury Department mortgage regulations designed to reduce lender risk will make it impossible for 60 percent of the mortgages being approved today to be approved in seven years. The impact will be greater for mortgages used to buy homes ...
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US Agency to Banks, Servicers: Protect Consumers When Transferring Mortgages
eCreditDaily.com
U.S. Agency to Banks, Servicers: Protect Consumers When Transferring Mortgages Big banks are selling off large portfolios of mortgage servicing rights to avoid the costly headaches of collecting payments from consumers. But the nation's consumer ...
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eCreditDaily.com
Rubio Blames Government For Housing Crisis; Contradicts Most Experts
Huffington Post
The Republican argument goes something like this: Fannie Mae and Freddie Mac, the government-chartered mortgage giants, bought risky mortgages in order to meet affordable housing goals. The implicit government guarantee on these loans -- a belief by ...
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L&G to offer Metro Bank mortgages
Money Marketing
Legal & General has signed a deal with Metro Bank to distribute its mortgage products through the L&G Mortgage Club and L&G Network as part of the lender's ongoing strategy to target the intermediary market. Metro Bank became the first wholly new bank ...
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Family springboard mortgages for first timers receive backing in Gloucestershire
This is Gloucestershire
First-time buyers are being offered more support to join the property ladder under a scheme that allows parents and family members to help with deposits on homes. One major bank in particular has got behind the initiative by launching and driving its ...
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This is Gloucestershire
Precise Mortgages launches BTL products
Mortgage Strategy
Precise Mortgage is launching four buy-to-let products tomorrow with rates starting from 4.44 per cent. A two-year tracker at 75 per cent LTV is being launched with a rate of 4.44 per cent and a two-year fixed rate of 4.54 per cent at the same LTV will ...
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Mortgages boast lowest ever rates - but beware the fees
Financial Reporter
According to data from MoneySupermarket, mortgage rates have fallen to an all-time low and the number of products available has increased by 37% as a result of the Bank of England's Funding for Lending Scheme. The best rates are still only available to ...
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Platform reduces buy to let mortgages by up to 0.99%
Easier (press release)
In a move that further signals The Co-operative Bank's appetite to lend competitively through the intermediary sector, Platform has reduced the rates on its mainstream and buy to let mortgages by up to 0.99%. As part of its commitment to mainstream ...
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The Merkley Mortgage : A HARP 3.0 Test Run?
The Mortgage Reports
Via Merkley's program, eligible homeowners would be able refinance from high-interest rate mortgages into a new, low-interest rate mortgages without the hassle or scrutiny of a traditional refinance; and without having to have a Fannie Mae- or Freddie ...
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Underwater mortgages
The Detroit News
In Metro Detroit, just under half of homeowners owe at least 25 percent or more on their mortgages than their home is now worth. That translates to about 131,000 properties, according to First American CoreLogic, a real estate data firm in Santa Ana ...
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Wells Fargo CFO says mortgage lending slowing
San Francisco Business Times (blog)
The San Francisco bank is making one-third of the nation's mortgages, making it by far the dominant player in home financing. So all eyes are on how the bank's substantial mortgage business is faring. The bank's recent conference calls with investors ...
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PennyMac Mortgage Investment Trust's CEO Presents at Credit Suisse Financial ...
Seeking Alpha
All right, we'll try to ask and keep it clear. We are a – PMT is an externally managed REIT. We had our start in – with distressed mortgage loans. Our initial activities was the acquisition of distressed mortgages primarily those offered by banks and ...
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Mortgage lending volume continues to slow: Wells Fargo CFO
Reuters
(Reuters) - Mortgage lending will likely continue to decline as an increase in mortgages for home purchases fails to offset a slowdown in refinancings, Wells Fargo & Co (WFC.N) Chief Financial Officer Tim Sloan said on Wednesday. Wells is the largest U ...
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Edward Jones Mortgage closing in Minn., 214 employees affected
St. Louis Business Journal
Edward Jones officials said in a statement it partnered with Wells Fargo to offer residential mortgages to clients in 1998, but that Wells Fargo recently ended the agreement after the Dodd-Frank financial legislation changed regulations relating to ...
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Wells Fargo closing St. Louis Park mortgage subsidiary with 214 employees
Minneapolis / St. Paul Business Journal (blog)
Edward Jones Mortgage stopped offering mortgages on Jan. 11, Edward Jones said in a statement, which read, in part: "There will be no impact on existing mortgages sold through Edward Jones Mortgage. Mortgage applications currently being processed ...
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Swiss Property Bubble Concern Seen Prompting Tightening
Bloomberg
Even at its current level, the buffer will probably make mortgages more costly and require higher downpayments, said Alexander Koch de Gooreynd, an associate at broker Knight Frank LLP responsible for Switzerland. The size of loans may fall to 65 ...
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Fed Economists: Weigh 'Good News' in Eminent Domain Debate
Wall Street Journal (blog)
The economists referenced a program that would help municipalities take underwater mortgages out of Wall Street-issued bonds by invoking eminent domain, and restructure the loans by cutting balances to match current housing values. Bond contracts often ...
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Will Slowing Mortgage Volumes Hurt Bank Stocks?
Motley Fool
One of the biggest factors spurring profits at many of the nation's largest banks appears to be under threat. At a conference today, the CFO of Wells Fargo (NYSE: WFC ) , Tim Sloan, noted that domestic mortgage lending will likely decline in the ...
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Getting Creative With Gay Owned Mortgage Company
pride source.com
Yet that's usually what they are forced to do when they go to a big bank or large mortgage company. That's not the case at Creative Capital, which Matthews recently re-opened near her home town of Saugatuck, at 2987 Blue Star Highway in Douglas.
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pride source.com

Blogs3 new results for Mortgages
 
Why banks prefer their own loan mods « Bankrate, Inc.
By Polyana da Costa
The government's loan modification program that was designed to help 4 million struggling homeowners has helped a little more than 1 million mortgage borrowers.
Bankrate.com
Mortgage Mess Still Mires Housing Recovery
The president wants more Americans to be able to save money by refinancing their mortgages. The trouble is that mortgage rates are rising.
Top News and Analysis (pro)
The FHA and the Role of Government When Markets Fail | Jared ...
By Jared Bernstein
The FHA's been around since 1934, not lending directly to homeowners but insuring private mortgages on behalf of less advantaged borrowers—over 30 million since its inception. It's always paid for its operations with fees from borrowers and ...
Jared Bernstein | On the Economy

Web6 new results for Mortgages
 
Underwater and Drowning? Some Facts about Mortgages that ...
Since the onset of the subprime crisis, many places across the United States have been affected by high levels of negative equity (meaning that borrowers owe ...
libertystreeteconomics.newyorkfed.org/.../underwater-and-dro...
Late-payment rate on US mortgages hits 4-year low - Yahoo! News
From Yahoo! News: Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that ...
news.yahoo.com/payment-rate-us-mortgages-hits-050404353....
Why Fixed Rate Mortgages Are on the Rise in Minneapolis
Low mortgage interest rates combined with a hot housing market in Minneapolis has increased the demand for fixed rate mortgages.
https://www.firstoptiononline.com/.../why-fixed-rate-mortgage...
Transunion Report | Delinquencies Down | Mortgages
The end of last year saw a significant drop in delinquent mortgages, according to a recent report from Transunion, a credit information provider, CNBC reported.
therealdeal.com/.../delinquent-mortgages-wane-nationally-but-...
Late mortgage payments hit 4-year low
The percentage of mortgage holders at least two months behind on their payments fell to 5.19 percent, according to credit reporting agency TransUnion.
news.msn.com/us/late-mortgage-payments-hit-4-year-low
Good-neighbor mortgages' . - NACA.com
THURSDAY, APRIL 7, 1994. Good-neighbor mortgages' . BRUCE MARKS he No. 1 issue on the minds of most people today is crime. We ask ourselves ...
https://www.naca.com/nacaWeb/Press/.../00368__1717914.pd...


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