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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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 |
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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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