Mortgage News

Nothing can trigger that sinking feeling in the pit of your stomach faster than looking at your mortgage statement and seeing those dreaded lines: "360 payments" and "Payoff Date: 2044."

U.S. Bank Home Mortgage has announced that Keith McKinnon, of Conway, has earned the recognition of achieving President's Club honors for the third year in a row.

BORROWERS have been warned to brace for new mortgage market rules that are expected to drive up loan rejections and - result in longer application times.

Access National Corp., the parent company for Access National Bank, on Friday reported first-quarter net income of $2.4 million, or 23 cents per share, a decline from $3.7 million in the first quarter of last year.

Wisconsin's largest homegrown bank produced more earnings than expected in the first quarter of this year -- but its profits were still less than a year ago.

W. Ri... )--Fitch Ratings has upgraded two classes and affirmed six classes of Credit Suisse First Boston Mortgage Securities Corporation's commercial mortgage pass-through certifica... )--Senior Housing Properties Trust today announced that the underwriters of its public offering have exercised, in full, their option to purchase an additio...

The New Year signals the universal practice of resolving to break bad habits. Many people focus on health when making resolutions.

Gov. Andrew Cuomo said Thursday that representatives of the Department of Financial Services will be available from 9 a.m. to 5 p.m. on Friday at the Baldwin Public Library.

The rise of Robo-advisors - start-ups that use algorithms to help investors create and manage their portfolios - is a trend to watch this year.

The British love affair with home ownership is showing signs of cooling as many young people remain downbeat about their prospects of getting on the property ladder, a report has found.

In this Wednesday, Sept. 18, 2013 file photo a for sale sign hangs in front of a house in Walpole, Mass.

Casualties mounted Wednesday as Wells Fargo & Co. put another 323 people out of work, including 27 in Addison.

In this March 7, 2014 photo, a realty sign hangs in front of a home for sale in Orlando, Fla.

Scotiabank says Canada's housing market is in the process of transitioning to slower growth and will remain on a "subdued trajectory" over the next several years, imposing a modest drag on output growth as the effects make their way through the broader economy.

Surging home prices have helped nearly two million homeowners get back above water on their mortgages over the past year.

Bank of America Corp 's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.

The Bay Area's peak home-buying season got off to a slow start last month, with the lowest recorded sales for any March in the past six years on a scant supply of homes for sale, according to a report Tuesday.

Mortgage rates for 30-year fixed mortgages fell over the past week , with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.14 percent, down from 4.20 percent at this same time last week.

U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter.

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