Mortgage News

Lehman estate demands millions from nonprofits

The outgoing governor of the Bank of England has warned that George Osborne's plan to boost the housing market is "too close for comfort" to a general state guarantee for mortgages.

No lie was too small to tell for an Orlando woman who wanted a new home in Pensacola, but didn't want to pay the mortgage for her Orlando home, federal officials said.

Reverse Mortgage Lenders Direct recently acquired three well known websites dedicated to reverse mortgage education, and is quickly becoming one of the top organizations in this growing field of mortgages and lending .

Fitch Ratings has affirmed Azerbaijan Mortgage Fund under the Central Bank of Azerbaijan Republic's Long-term foreign currency rating of 'BBB-' and a Long-term local currency rating of 'BBB-'. The Outlooks for the Long-term ratings are Stable, Fitch Ratings said today.

Making sure that people learn from the mistakes that they and others have made is the best way to avoid seeing problems repeat in the future.

Long-term mortgage rates edged higher for the second consecutive week on signs of an improving economy, though rates remain near historic lows.

That ruling had dismissed claims for all but $5.7 million, or less than 1 percent, of the roughly $774 million of damages that Dexia had sought from the largest U.S. bank.

A member of the Elks Lodge #2714 in Sebastian used the group's money to gamble at adult arcades, according to the Sebastian Police Department.

A suspended Las Vegas lawyer has pleaded guilty in a federal mortgage fraud case and agreed to pay nearly $3.3 million in restitution.

Getting a home loan is hard enough, but first-time buyers who want a jumbo mortgage have even higher hurdles to clear.

Federal Reserve Bank of Dallas President Richard Fisher speaks about the concept of breaking up 'too big to fail' banks to a breakout group at the Conservative Political Action Conference in National Harbor, Maryland, March 16, 2013.

Borrowers who withdraw cash when they refinance are viewed as riskier than those who don't, because the cash withdrawal indicates possible financial distress - and that perception can raise a borrower's costs.

Boomers lost a significant chunk of their retirement nest eggs in the recession, but it was members of Generation X who were really hit the hardest, according to a report released Thursday.

In a new milestone for the Bay Area's recovering housing market, the median price paid for all types of dwellings in April crossed $500,000 for the first time in nearly five years, according to a report released Wednesday.

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows.

QUESTION: I have five years left until I pay off my 30-year mortgage. I received an offer to refinance, which certainly is tempting, but I'm getting pretty close to retirement.

Required by law, the forms allow public officials to list their assets in broad ranges, such as between $1 million and $5 million, which makes it difficult to determine a precise net worth.

As student loan borrowers are getting crushed under massive student debt, the federal government's student loan program is set to turn about $51 billion in profit, according to predictions from the Congressional Budget Office .

VICKY Ball went from being a successful woman with a family, career and mortgage to living in a tent in Basingstoke's Eastrop Park in the space of three years.