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Mortgage News

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

2 hrs ago | Brandon Sun

Business Highlights

Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds - $7 billion of it geared for consumer relief - offers a glint of hope for desperate homeowners.

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Related Topix: Home, Personal Finance, Mortgage, Foreclosures, South Korea, World News, Los Banos, CA, Weather, Natural Disasters, Drought

6 hrs ago | Carlsbad Current-Argus

Average US 30-year mortgage rate at 4.10 pct

Average long-term U.S. mortgage rates declined this week, with the 30-year loan rate hitting its low for the year.

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Related Topix: Home, Mortgage, Personal Finance

10 hrs ago | Star Tribune

Justice Dept. announces nearly $17 billion mortgage settlement with Bank of America

Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds - $7 billion of it geared for consumer relief - offers a glint of hope for desperate homeowners.

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Related Topix: Home, Mortgage, Personal Finance, Financial Markets, Foreclosures, New York

11 hrs ago | WTOC-TV Savannah

More

Have you just been offered a new job or promotion that involves relocating? Congratulations! Depending on your employer, position and salary level, you may be offered a relocation package to help cover costs associated with moving - in the form of a lump sum or a more defined benefits package.

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Related Topix: Home, Mortgage, Personal Finance, White Plains, NY, Cleveland, NY

15 hrs ago | Cybercast News Service

Stocks move higher for a fourth day

U.S. stocks were mostly higher in early trading Thursday, helped by a report that showed the number of people seeking unemployment benefits remains at a multi-year low.

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Related Topix: Financial Markets, Hewlett Packard, 9, Home, Mortgage, Personal Finance

17 hrs ago | Cybercast News Service

US existing home sales rise for 4th straight month

Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.

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

20 hrs ago | West Australian

Housing boom boosts Mortgage Choice

Australia's booming property market has helped Mortgage Choice write a record number of loans, and the lender says 2015 is looking like another strong year.

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Related Topix: Mortgage, Personal Finance, Home

Yesterday | The Tribune

Is a home equity line of credit a fit for you?

The trend, fueled by the two-year housing recovery, has helped spur many borrowers to take out a home equity line of credit against the value of their home.

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Related Topix: Housing, Home, Mortgage, Personal Finance

Wed Aug 20, 2014

National Mortgage News

Lennar Acquires Pinnacle Mortgage Group

Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.

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Related Topix: Home, Mortgage, Personal Finance, Construction, Lennar

Silicon Alley Insider

The Feds Are Finally Going After One Of The Most Infamous Executives Of The Financial Crisis

Countrywide Financial Corporation founder and CEO Angelo Mozilo is sworn in to testify before the House Committee on Oversight and Government Reform on Capitol Hill in Washington March 7, 2008.

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Related Topix: Financial Services, Countrywide Financial, Mortgage, Personal Finance, Home

The Toronto Star

Bank of America reaches $17 billion settlement with U.S.

Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

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

Contra Costa Times

Bank of America to pay record $17B for mortgage machinations

Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.

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Related Topix: Mortgage, Personal Finance, Home

BBC News

Mortgage lending highest since 2008

The Council of Mortgage Lenders said the figure was 7% up from June, and 15% higher than July last year.

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Related Topix: Mortgage, Personal Finance, Home

Silicon Alley Insider

Mortgage Applications Are Going Nowhere - Here's Why That Tells Us...

But in recent years mortgage applications have been flat while home sales have risen, according to Hui Shan at Goldman Sachs.

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Related Topix: Mortgage, Personal Finance, Home, Housing

Witney Gazette

House prices rise to 15 times an average wage

RUNAWAY house prices in the south of the county are 15 times the average wage, making it one of the least affordable spots in the UK.

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Related Topix: Oxfordshire County, England, United Kingdom, Home, Personal Finance, Mortgage

Tue Aug 19, 2014

ABC News

Late-Payment Rate on US Mortgages Declines in 2Q

Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to credit reporting agency TransUnion.

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Related Topix: Home, Mortgage, Personal Finance, TransUnion, Housing, Foreclosures

The New Zealand Herald

Home Depot lifts Wall St

Specialist Michael Shearin, left, works at his post on the floor of the New York Stock Exchange.

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Related Topix: Home, Mortgage, Personal Finance

KING-TV Seattle

Simple ways to boost your savings

There are some simple steps you can take to boost your savings, and the first one is creating a smart budget, financial experts say.

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Related Topix: Personal Finance, Retirement, Tax, Social Security, Home, Mortgage, Long Term Care, Health

Tri-cityherald.com

Inflation tame, housing starts jump

Headline inflation, as measured by the Labor Department's Consumer Price Index, rose by 0.1 percent in July and 2 percent year-over-year from July 2013.

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

Sunday Herald

Judge: Bank of Scotland is guilty of double-billing customers who fall behind on mortgages

Bank of Scotland has been unfairly double-billing customers who fell behind on their mortgages, a High Court judge has ruled.

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Related Topix: Mortgage, Personal Finance, Home

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