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Mortgage News

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

53 min ago | WUSA-TV Washington

2 Md. residents plead guilty in mortgage fraud scheme

Two Md. residents pleaded guilty Monday and Tuesday to conspiring to commit wire fraud in connection with a mortgage scheme involving the purchase of two properties located on North Patterson Park Avenue in Baltimore, Md.

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Related Topix: Home, Mortgage, Personal Finance, Baltimore, MD, Real Estate, Bowie, MD, Home Listing

Tue Apr 22, 2014

Business Journal

Two Memphians indicted on mortgage fraud charges

Two Memphis men have been indicted on several mortgage fraud-related charges which prosecutors say netted them more than $500,000.

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Related Topix: Criminal Defense Law, Law, Home, Mortgage, Personal Finance

Journal and Courier

Why even $1M may not be enough for retirementWhy even $1M may not be...

Retirement costs a lot more money than we realize. Columnist Rodney Brooks speaks with video host Hadley Malcolm about why $2 million in savings is the new $1 million.

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Related Topix: Personal Finance, Retirement, us Travel, North America Travel, Travel, Washington D.C. Travel, Paramus, NJ, Home, Mortgage

NEWS.com.au

Pensioners ask PM for answers on budget

RUMOURS the age pension will be targeted in the federal budget are causing worry amongst older Australians and a seniors advocacy group has appealed to Tony Abbott for answers.

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Related Topix: Pension, Personal Finance, Mortgage, Home

Maldonandburnham Standard

Business lending drops by 500m

A new Bank of England report has found that business lending contracted by 500 million in the three months to February Business lending continued to shrink in the three months to February despite the improving economy, according to a Bank of England report.

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Related Topix: Small Business, Personal Finance, Home, Mortgage

National Public Radio

Sales Of US Existing Homes Slip To A 20-Month Low

Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.

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

Tri-cityherald.com

Consumer protection agency warns about automatic defaults on private student loans

The federal Consumer Financial Protection Bureau on Monday released a report about the problem of "automatic defaults" on private student loans.

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Related Topix: Economics News, Bankruptcy, Home, Mortgage, Personal Finance

Sydney Morning Herald

Banks feeling mortgage pressure

National Australia Bank's head of personal banking says fierce competition in the $1.2 trillion mortgage market is pressuring profit margins from home lending, as lenders scramble to win customers.

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Related Topix: Mortgage, Personal Finance, Home, Financial Services, National Australia Bank

Mon Apr 21, 2014

Bellingham Herald

Guilty pleas in mortgage fraud case

The News Tribune reports that Emiel Kandi of University Place has agreed to pay more than $830,000 in restitution to the federal Department of Housing and Urban Development.

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Related Topix: University Place, WA, Home, Mortgage, Personal Finance, Gig Harbor, WA

Blackpool Citizen

Average pension income 8,774: Poll

The average annual income drops by two-thirds upon retirement and the average person retires with an annual income almost a quarter less than the minimum wage, according to a major financial provider.

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Related Topix: Personal Finance, Retirement, Pension, Home, Mortgage

Canada NewsWire

Return On Innovation Advisors Ltd. Announces April 2014 Distributions ...

The investment objective of ROI Canadian Mortgage Income Fund is to provide unitholders with attractive risk adjusted, monthly, tax advantaged cash distributions, a nominal after-tax current yield, long-term capital appreciation and preservation of capital by investing primarily, directly or indirectly in, or by obtaining economic exposure through ... (more)

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Related Topix: Mortgage, Personal Finance, Home

WBTV

More

Personal finances are top of mind for many people this month, thanks to last week's federal income tax filing deadline and the fact that April is National Financial Literacy Month.

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Related Topix: Tax, Personal Finance, Retirement, Foreclosures, Home, Mortgage

ArkansasBusiness.com

Bill Edwards Takes Over for Quick as Head of IberiaBank Mortgage

Bill Edwards, who joined IberiaBank Mortgage Co. last year, will become its president and CEO when Chuck Quick retires in July.

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Related Topix: Personal Finance

The Age

National credit card debt up by 8%

Australians spent a record $70.1 billion on credit cards between December and February - almost 8 per cent more than during the previous summer.

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Related Topix: Credit Card Debt, Personal Finance, Home, Mortgage

Sun Apr 20, 2014

The Motley Fool

The Simplest, Nearly Painless Way to Pay Off Your Mortgage Early

Do you dream of paying off your mortgage ahead of time? Perhaps you want to be mortgage-free when you retire, when the mortgage interest deduction packs less of a wallop.

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Related Topix: Mortgage, Personal Finance, Home

Andover Advertiser

Move spend 'A 8,248 with stamp duty'

Rising stamp duty costs helped to hike the average expense of moving home to 8,248, a Lloyds Bank report found Surging stamp duty costs have helped to push the average expense of moving home to A 8,248, a report has found.

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Related Topix: Mortgage, Personal Finance, Home

The Motley Fool

For Baby Boomers, Reverse Mortgages Are Still a Risky Proposition

For older homeowners who own their homes outright or have small loan balances, a reverse mortgage might sound like an excellent way to supplement a lower income once they stop working.

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Related Topix: Home, Mortgage, Personal Finance, Foreclosures, Social Security

Examiner.com

Apple Mortgage Cake, inspiring true story

What better time than Easter Sunday, the celebration of resurrection and redemption, to enjoy an inspiring modern true story of recovery? Brought to us by UP TV, Apple Mortgage Cake is based on the true story of a single mother of three, Angela Logan, whose baking skills save her home from foreclosure - and help her boys rediscover faith and hope! ... (more)

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Related Topix: Personal Finance, Foreclosures

Detroit Free Press

Mortgage lenders feeling big drop in business with end of refi boom

Residential mortgage lending has been in a nosedive since the end of the refinancing boom last year, heralding leaner times for big Michigan-based lenders such as Quicken Loans and Flagstar Bank.

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Related Topix: Home, Mortgage, Personal Finance, Quicken Loans, Financial Services, Banking, FLAG Financial, JP Morgan Chase

WKRN

Clarksville soldier gets mortgage-free home

To celebrate its 40th anniversary, Tennessee Housing Development Agency , in partnership with Operation Finally Home , kicked off a home remodel for U.S. Army Staff Sgt.

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Related Topix: Home, Mortgage, Personal Finance, Home Improvement, US Military, US Army

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