Add to MyYahoo RSS

Mortgage News

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

17 min ago | 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.


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

4 hrs ago | 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.


Related Topix: Mortgage, Personal Finance, Home

4 hrs ago | 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.


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

8 hrs ago | 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.


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

9 hrs ago |

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.


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

12 hrs ago | 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.


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

16 hrs ago | 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.


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

19 hrs ago | 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.


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.


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.


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.


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.


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.


Related Topix: Home, Mortgage, Personal Finance

Mon Jul 07, 2014

Business Journal

First Commonwealth to launch mortgage unit next week

"We will be back in business starting July 14, live and ready to go," said Stan Foraker , executive vice president, mortgage banking, said Monday.


Related Topix: Home, Mortgage, Personal Finance, Indiana, PA

Report: Homeowners paid $3.1B cash in settlement

The report by the Federal Reserve released Monday says 83 percent of the 4.2 million borrowers covered by the January 2013 settlement, or about 3.4 million, had cashed checks as of April 25. The amounts paid range from several hundred dollars to $125,000.


Related Topix: Home, Mortgage, Personal Finance, Foreclosures

Brandon Sun

Report: Homeowners have gotten $3.1B cash under US settlement over mortgages with 13 banks

A new report says homeowners have received about $3.1 billion in cash under a federal settlement with 13 big banks over alleged misconduct in processing mortgages that may have resulted in wrongful foreclosures.


Related Topix: Mortgage, Personal Finance, Home, Foreclosures

WFAA-TV Dallas

Stocks slip, pulling Dow back near 17,000

After pushing stocks to records last week, investors turned cautious on Monday ahead of a batch of corporate earnings reports.


Related Topix: Financial Markets, The Dow Company, Personal Finance

Courier News

Ex-Flemington lawyer guilty of mortgage loan scheme

Flemington man bilked mortgage banks out of millions Scheme involved luxury shore properties risking foreclosure.


Related Topix: Mortgage, Personal Finance, Home, Foreclosures, South Carolina

Lake Country Sun

5 ways for borrowers to keep their cool in a warming mortgage market

Both the weather and the slump of the previous years' housing markets are starting to thaw.


Related Topix: Mortgage, Personal Finance, Home

Myrtle Beach Online

The Journey: Borrowing from 401(k) to pay mortgage has its risks

QUESTION: I read something a year ago about the possibility of paying off your mortgage with funds from a 401 plan without paying any penalty.


Related Topix: Home, Mortgage, Personal Finance, Retirement, IRA, Social Security, Business News