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Mortgage News

News on Mortgage continually updated from thousands of sources around the net.

54 min ago | Bellingham Herald

A new challenge to HUD's reverse-mortgage program

The United States faces a retirement funds crisis: a rapidly growing number of people who retire without the financial capacity to support themselves during ever-increasing life spans.

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Related Topix: Home, Mortgage, Personal Finance, Retirement, Health, AARP

Thu Jul 10, 2014

Examiner.com

Freddie Mac: Not much movement when it comes to mortgage rates

After initially moving higher from the previous week, mortgage rates hit a bit of a lull this week.

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Related Topix: Home, Freddie Mac, Financial Services, Mortgage, Personal Finance

Reuters

Miami's mortgage discrimination suits against Citi, Wells dismissed

A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo & Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Citigroup, Wells Fargo , Startups, Mach One, Institutional Venture Partners

Myrtle Beach Online

Your Place: Best to watch long-term trends in real-estate market

When I started writing about real estate full time, the experts cautioned me not to chase month-to-month data, and to focus instead on quarterly and yearly figures.

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Related Topix: Real Estate, Home, Mortgage, Personal Finance, Housing, Education

Bradenton.com

Average US 30-year mortgage rate rises to 4.15 pct

Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week.

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Related Topix: Home, Mortgage, Personal Finance

Daily Mail

Bank of England's New Lady Nemat Shafik in warning over debt

The UK economy is recovering at a 'striking' pace but there are 'substantial risks' to the outlook, according to the incoming deputy governor of the Bank of England.

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Related Topix: Mortgage, Personal Finance, Home

Wed Jul 09, 2014

Hampshire Chronicle

House prices surge by 8.8%

House prices surged by 8.8% annually in June in the strongest uplift seen since 2007 as consumer confidence continues to rise, Halifax has reported.

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Related Topix: Home Listing, Home, Mortgage, Personal Finance

Reuters

Holder won't meet with BofA CEO as mortgage talks stall: sources

Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes into shoddy mortgage securities sold by the bank and its units remain at a standstill, according to people familiar with the matter.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Bank of America, Financial Services, US News

KMIZ

Yes, the economy is getting better

In the case of the Federal Reserve's unprecedented stimulus program that has been a big driver of the five-year stock rally, the end is finally near.

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Related Topix: Mortgage, Personal Finance, Home

Northern Michigan News

Fed split on signals for first rate increase

Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive bond purchases the central bank has relied upon to boost economic growth following the Great Recession.

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Related Topix: Financial Markets, Mortgage, Personal Finance, Home

Globe and Mail

Loonie gains amid stronger Canadian housing starts

The Canadian dollar gained Wednesday amid stronger-than-expected figures for Canadian housing starts, and ahead of a key employment report on Friday.

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Related Topix: North America, Canada, World News, Home, Mortgage, Personal Finance, Housing

Tri-cityherald.com

Mortgage registry ruling could aid Pa. counties

U.S. District Judge J. Curtis Joyner in Philadelphia ruled June 30 that Mortgage Electronic Registration Systems and its parent company, Merscorp Inc., collectively known as MERS, violated Pennsylvania law by using its members-only database to circumvent county recorder of deeds offices.

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Related Topix: Home, Mortgage, Personal Finance, Montgomery County, PA, Philadelphia, PA, Foreclosures

Business Journal

Snapshot: Citigroup and the $7B bad mortgage deal + Pharmacist accused of taking 200K pills

Citigroup is nearing a $7B settlement deal over shoddy mortgages, sources familiar with the deal say, reports The Wall Street Journal.

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Related Topix: Home, Banking, Financial Services, Citigroup, Mortgage, Personal Finance, CitiMortgage, Weather, Drugs

KXLY-TV Spokane

Stocks: 5 things to know before the open

There's only one game in town Wednesday and that's the latest insight into Federal Reserve thinking on interest rates.

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Related Topix: Financial Markets, Mortgage, Personal Finance, Home

West Australian

Citigroup may pay $7 billion to resolve U.S. mortgage probes - source

Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, a source familiar with the matter said on Tuesday.

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Related Topix: Banking, Financial Services, Citigroup, Home, CitiMortgage, Mortgage, Personal Finance, US News

Tue Jul 08, 2014

Wall Street Journal

U.S. Officials Try To Rebuild Momentum In Stalling Mortgage Refinance and Modification Programs

Federal Housing Finance Agency director Mel Watt on Tuesday kicked off a new push to get eligible homeowners into the Home Affordable Refinance Program , or HARP, beginning with a town hall meeting in Chicago.

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Related Topix: Home, Mortgage, Personal Finance, Housing, Banking, Financial Services, Suntrust Banks, Foreclosures

KRVN-AM Lexington

Markets Drop Again, Mortgage Crisis Continues to Affect Homeowners

The markets tumbled on Tuesday, amidst a new report on the ongoing impact of the mortgage crisis.

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Related Topix: Mortgage, Personal Finance, Home

Daily Journal

Stocks fall for a second day; Nasdaq slumps

U.S. stocks are falling in midday trading Tuesday as investors await corporate earnings reports this week.

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Related Topix: Financial Markets, Personal Finance

National Mortgage News

Middle Way on Mortgage Tax Deduction Aims to End Homelessness

Learn about this year's finalists and see who won the 2013 MT Award. 2013 MT Awards: 10X Award The 10X Award honors a company, product or technology that's had an exponential impact on mortgage finance.

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Related Topix: Home, Personal Finance, Mortgage, US News, Republican, US House of Representatives, US Politics, Dave Camp

Nevada Appeal

John R. Bullis: More thoughts about reverse mortgages

Navy fireboats battle flames aboard the USS Nevada after it received several direct hits from Japanese torpedo planes on Dec. 7, 1941.

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Related Topix: Home, Mortgage, Personal Finance

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