Mumford Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

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

Local Headlines

• Group Discusses Mortgage Crisis

  Wednesday Jul 16 | via R News 

  Think the mortgage crisis isn't affecting the Rochester area? The Monroe County Bar Association and the educators it brought to the area Wednesday believe greater Rochester should think again.

  Comment?

  Related Topix: Irondequoit, NY, Greece, NY, Henrietta, NY, Webster, NY, Housing, Monroe County, NY

• On the move

  Monday Jul 7 | via Democrat & Chronicle 

  Brow Diva has promoted Amy Kocaoglu to assistant manager. She is responsible for overseeing customer relations, scheduling and inventory management.

  Comment?

  Related Topix: Greece, NY, Brighton, NY, Mortgage, Personal Finance, Marketing, Monroe County, NY, Victor, NY

• Help is on the doorstep for stressed homeowners in N.Y.

  Monday Jun 30 | via Democrat & Chronicle 

  Thank you for the Speaking Out essay by Ruhi Maker titled 'Reach out to owners in danger of losing their homes' . The essay notes that there were 14,000 foreclosure filings in New York state in the first ...

  Comment?

  Related Topix: Monroe County, NY, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Bills acted on by state Legislature that affect the Rochester area

  Sunday Jun 29 | via Rochester Democrat and Chronicle 

  Here is a compilation of bills acted on in this year's session of the state Legislature that affect the Rochester region.

  Comment?

  Related Topix: Wyoming County, NY, Home, Mortgage, Rochester Metro, Rochester, NY, Monroe County, NY

• Reach out to owners in danger of losing their homes

  Jun 20, 2008 | via Democrat & Chronicle 

  Considering that there were 14,000 foreclosure filings in New York state in the first quarter of this year, it's imperative that lawmakers enact the strongest anti-predatory lending and foreclosure prevention ...

  Comment?

  Related Topix: Monroe County, NY, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

Regional Headlines

• Fitch Rates $100MM San Diego County (CA) Ser 2008B 'AA/F1+'

  19 hrs ago | via PR-inside.com 

  The long-term 'AA' rating reflects the county's very low debt burden, sound financial operations, and very strong and effective financial and debt policies, as well as concern over the economic and financial ...

  Comment?

  Related Topix: Housing, Real Estate, Financial Markets, New York

• NYC jury convicts former Haitian paramilitary leader in scheme to cheat mortgage lenders

  21 hrs ago | via Newsday.com 

  A Brooklyn jury found Emmanuel "Toto" Constant guilty on Friday of fraud and grand larceny.

  Comment?

  Related Topix: Mortgage, Home, New York

• Irwin shares soar after loan sale

  Yesterday | via IBJ.COM 

  Columbus-based Irwin Financial Corp. shares rose 25 percent this morning, in the first trading session since the company announced late yesterday that it was scaling back its exposure to the battered mortgage ...

  Comment?

  Related Topix: New York, Irwin Financial, Banking, Financial Services, Home, Mortgage, Mortgage, Personal Finance

• N.Y. jury convicts ex-Haitian strongman of fraud

  Yesterday | via Buffalo News 

  A once-feared Haitian paramilitary leader has been convicted in a New York mortgage fraud scheme to cheat lenders out of $1.7 million.

  Comment?

  Related Topix: Mortgage, Home, New York

• National City posts $1.76 billion loss for quarter

  Yesterday | via Lansing State Journal 

  NEW YORK - Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a big charge related to previous acquisitions.

  Comment?

  Related Topix: New York, Home, Mortgage, National City Corporation, Banking, Financial Services

National Headlines

• Housing rescue bill heads to Bush for signature

  3 min ago | via PhillyBurbs.com 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

  Comment?

  Related Topix: George Bush, Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage

• Congress approves housing bill

  4 min ago | via MSN Money 

  Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae and Freddie Mac , creating a new regulator for the mortgage titans and setting up a $300-billion ...

  Comment?

  Related Topix: Housing, George Bush, Financial Services, Fannie Mae, US News, US Politics, Foreclosures

• Bill heads to Bush for signature

  4 min ago | via KRON 4 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

  Comment?

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

• Federal Regulators Close Two More Banks

  5 min ago | via 97.5 FM 

  Federal regulators have closed two banks in the West, saying they were undercapitalized due to the poor performance of home mortgage loans.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Reno Metro, Reno, NV

• Senate Passes Housing Rescue Bill, Bush to Sign

  5 min ago | via 97.5 FM 

  The Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae and Freddie Mac, creating a new regulator for the mortgage titans and setting up a $300 billion ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, US Politics, US News, George Bush