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Mortgage News

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

59 min ago | The Japan News .Net

Demand for 15-year mortgages surges as rates decline

In this Friday, May 25, 2012, photo, roofers shingle a new home under construction in Columbia Station, Ohio, Friday, May 25, 2012.

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Related Topix: Home, Mortgage, Personal Finance, Ohio

5 hrs ago | WTVC

Mortgage firm seeks to auction former Titan's home

The million-dollar home of former Tennessee Titans star Eddie George and his wife Tamara will be auctioned off June 7 -- to the surprise of the Georges.

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

9 hrs ago | WTSP-TV Saint Petersburg

Man locked out of his house by mortgage company

ST. AUGUSTINE, Florida - John Delaney of St. Augustine is bewildered, wondering why a mortgage company not his own changed the locks on his home without his knowledge.

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Related Topix: Home, St. Augustine, FL, Mortgage, Personal Finance, Offbeat

13 hrs ago | Minyanville

Government Finally Arrests Bankers for Mortgage Meltdown

A 184-count indictment handed down yesterday marks the first -- and as yet, only -- criminal charges filed against a group of bankers for falsifying mortgage documents "so that they could earn commissions and fees by ensuring that otherwise unqualified borrowers would receive loans." The fraudulent loans were then sold to Fannie Mae , after which ... (more)

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Related Topix: Home, Mortgage, Personal Finance

17 hrs ago | The Japan News .Net

Green Tree Tackles Bank Of America Mortgages Under Settlement

NEW YORK Walter Investment Management Corp. on Friday said its Green Tree unit will begin servicing about 4,000 Bank of America Corp.

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

21 hrs ago | The Kansas City Star

Obama spends rare night at home, eager to putter

All President Barack Obama wanted to do was go home.No, not to the fancy government house in Washington.

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Related Topix: US Politics, US News, Barack Obama, Chicago, IL, Personal Finance, George Bush

Fri Jun 01, 2012

Bloomberg

Dwarfs Chase Ginnie Midgets as Lenders Seek FHA Debt: Mortgages

Midgets are losing ground to dwarfs in the mortgage bond market as borrowers lock in Federal Housing Administration loans ahead of fee increases.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Ginnie Mae, Financial Markets, Quicken Loans, 9

KVBC-TV Las Vegas

Program aims to help Nevada homeowners with mortgage

A new pilot program could help many Nevada homeowners underwater on their mortgage lower their loan amount and refinance their debt.

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Related Topix: Home, Mortgage, Personal Finance

Athens Banner-Herald

Economists consider what might repair job market

U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up.

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Related Topix: 2012 Presidential Election, US Politics, US News, Barack Obama, Ben Bernanke, Home, Mortgage, Personal Finance

WAFB-TV Baton Rouge

Drug charges for bus driver in Disneyland trip

The U.S. Environmental Protection Agency is concerned that permitting for the southern segment of the proposed Keystone XL pipeline could be insufficient and has asked for a more extensive review.

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Related Topix: Home, Mortgage, Personal Finance, Rutgers University

KMPH-TV Fresno

How US states fared on jobless aid applications

Russia's ruble has slumped to a three-year low as oil prices keep hurting this oil price-dependent country.

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Related Topix: Vladimir Putin, Home, Mortgage, Personal Finance

Chicago Tribune

Low mortgage rates attracting more short-term borrowers

With the 15-year rate in sub-3% territory, about 3 in 10 refinancers are opting for loans of less than 30 years.

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Related Topix: Home, Mortgage, Personal Finance, Business News

Thu May 31, 2012

Daily Reporter

Yield on 10-year Treasury sinks to record low

Investors stampeded into U.S. government bonds Thursday, driving the interest rate on the 10-year Treasury note as low as 1.54 percent, a record.

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

KMPH-TV Fresno

House to vote on sex-selection abortion ban

Federal officials say more than two dozen bus operations that transported more than 1,800 passengers a day along Interstate 95 between New York and Florida have been shut down for safety violations.

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Related Topix: US News, Home, Mortgage, Personal Finance, US Politics, John Boehner, Republican, US House of Representatives, Trent Franks

KAIT-TV Jonesboro

SunTrust Mortgage settles fed complaint for $21M

SunTrust Mortgage Inc. has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices, documents filed Thursday in U.S. District Court show.

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Related Topix: Home, Mortgage, Personal Finance

CBS Atlanta

SpaceX Dragon returns to Earth, ends historic trip

Manhattan's top prosecutor says it's "premature" to say how confident he is that a former stock clerk is the person who killed a boy who vanished in 1979.

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Related Topix: Rutgers University, Criminal Defense Law, Law, US Politics, US News, Barack Obama, Home, Mortgage, Personal Finance

WLWT-TV Cincinnati

Mortgage Rates Keep Plunging; 15-Year Dips Below 3%

Mortgage rates continued to plunge to new lows this week, with interest rates on the 15-year fixed rate mortgage dipping below 3 percent for the first time on record.

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Related Topix: Mortgage, Personal Finance, Home, Housing

The Oregonian

Mortgage rates again hit record lows, with 30-year loans now at 3.75 percent

Average U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for the first time ever.

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Related Topix: Home, Mortgage, Personal Finance, Housing, Home Buying

Seattle Post-Intelligencer

NYC bank indicted on mortgage fraud charges

A New York bank and 19 ex-employees have been indicted on charges of issuing hundreds of millions of dollars of fraudulent mortgages that were later peddled as promising securities to unwitting investors.

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Related Topix: Mortgage, Personal Finance, Home

10News

Fed: Student Loans Soar 275% Over Past Decade

Student loan debt hit $904 billion in the first quarter of 2012, up from $241 billion a decade ago, according to the Federal Reserve Bank of New York quarterly household debt report.

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Related Topix: Banking, Financial Services, Federal Reserve Bank of New York, Bank of New York, Home, Mortgage, Personal Finance

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