Mortgage Wire
Comprehensive News Feed for Mortgage.
Results 1 - 20 of 77,553 in Mortgage
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Consumer, labor data buoy optimism on recovery
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... been scheduled to expire on November 30 but has since been extended into next year. Falling house prices and low mortgage rate are also contributing to the recovery in the housing market, whose collapse was the main trigger of the U.S. recession. ... Comment?
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Favorable rates announced for Higher Education Loan Program
... Education Services Corporation (HESC), which will administer the student loan program, and the State of New York Mortgage Agency (SONYMA), which will oversee financing of the program. The initial lenders for NYHELPs are M&T Bank, which is also ... Comment?
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Third of Aussies plan to buy property
... their financial plans as the nation emerges with a more positive economic outlook, the survey, commissioned by mortgage broker Mortgage Choice, found. Mortgage Choice corporate affairs manager Kristy Sheppard said more borrowers were now taking ... Comment?
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THE number of chief executive departures in Australia soared in 2008, with most forced terminations in the financial sector or property trusts, research shows. Comment?
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Amanda Lindhout's family steps in to ensure her rescue
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... a month ago, Ms. Lindhout's father, John, took a short drive from his home in Sylvan Lake to Red Deer to amend his mortgage, indebting himself by an additional $145,100. The ordeal began on the morning of Aug. 23, 2008, when gunmen ambushed the ... Comment?
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Judge wipes out couple's mortgage after bank's 'repulsive' behaviour
A New York judge was so angry with a bank's "harsh, repugnant, shocking and repulsive" behaviour towards a financially struggling couple that he wiped out their $525,000 mortgage. Comment?
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Rates on 30-year mortgages match record low
... the best opportunity in a generation to buy homes," said John Holmgren, spokesman for the California Association of Mortgage Brokers. "Rates are at a historical low, home prices have fallen and the federal tax credit for homebuyers has been extended ... Comment?
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In recession, `Up in the Air' touches down on time
... "Over the course of writing it, I went from a single guy living in an apartment to a married guy with a kid and a mortgage," says Reitman. "I started to understand the value of companionship. And these are things that my character had to go through ... Comment?
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Citi Calls for Mortgage Forgiveness
Citibank mortgage chief Sanjiv Das says rising unemployment means more borrowers need forgiveness on the principal of their mortgages instead of restructured loans, The Wall Street Journal reports. Comment?
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... pit one of illegal immigration's biggest critics against a champion for immigrant rights. More 30-year fixed rate mortgage matches record low - November 25, 2009 30-year fixed rate mortgage matches record low - Average rates for 30-year fixed ... Comment?
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30-year fixed rate mortgage matches record low
... Freddie Mac has tracked rates on 30-year fixed mortgages since 1971. Last year at this time, the 30-year fixed rate mortgage averaged 5.97 percent. AIG resolves all legal disputes with ex-chair American International Group Inc. has agreed to settle ... Comment?
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Dow, S&P 500 hit 13-month highs on upbeat reports
... percent, to 2,176.05. U.S. markets are closed for Thanksgiving and will finish early on Friday. 30-year fixed rate mortgage matches record low - November 25, 2009 30-year fixed rate mortgage matches record low - Average rates for 30-year fixed ... Comment?
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A double struggle for the poor
... are more families than ever in that boat, living in poverty or teetering on its edge, just one illness or missed mortgage payment away. And thata TMs true all year long, not just during the holiday season. The U.S. Department of Agriculture released ... Comment?
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BNP Paribas, Deutsche Bank Sue Bank Of America
... The two sued for breach of contract. Deutsche Bank said Bank of America failed to secure $1.25 billion in cash and mortgage loans on its behalf. BNP Paribas said the bank was supposed to hold cash and mortgage loans to secure $480.7 million in ... Comment?
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... enders facing major troubles, gain some insight on how to sell, refinance or keep your home. You'll find everything mortgage in our special section. More Get breaking news and daily headlines. Browse all e-mail newsletters Comment?
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Three mortgages hit record lows
Rates on 30-year fixed-rate mortgages averaged 4.78% this week, matching an all-time low in Freddie Mac's weekly survey of conforming mortgage rates, released Wednesday. Comment?
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This year, let's give thanks for integrity
... a policeman showed up at their door and told them they were being evicted because the landlord had stopped making mortgage payments. Yang begged Sheggeby to find them "a house where I can take care of my kids." She is, Sheggeby said, "a great mom." ... Comment?
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George Chamberlin's Money in the Morning
... increase was in the South where sales there more than offset the declines in all of the other regions. By the way, mortgage interest rates continue to decline. Freddie Mac reports this morning that the average rate on a 30-year fixed-rate loan ... Comment?
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R.I. foreclosure crisis widening, worsening
The rate of home foreclosures climbed in the third quarter of 2009, both nationally and in Rhode Island, as experts say the mortgage crisis is now striking people who had good credit histories, but can no longer pay their bills because they have lost their jobs. Comment?
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3 state firms are accused of forging signatures
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... owner's signature in the refinancing of a Scott County property, giving the refinancing priority over a prior mortgage. Morris also is accused of failing to record a 2003 mortgage. A conference on the charges is scheduled for Dec. 21. HS and ... Comment?
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