Local News: Paradise Valley, AZ 

 | 

Sign Up

 | 

Sign In

Advertisment

Mortgage News Editors

mortgagenews is editing the Mortgage News page.

People just like you make Mortgage News on Topix better every day. If you're interested in becoming an editor, apply today!

Edits History | Editor Blog

RSS icon mobile icon

Mortgage News

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

3 hrs ago | BBC News

Low rates hit Nationwide profit

Nationwide Building Society has reported a big slump in profits and delivered a gloomy forecast for the UK economy and the housing market.

Comment?

Related Topix: Banking, Financial Services, Home Listing, Home, Mortgage, Personal Finance, Business News

8 hrs ago | Press-Enterprise

Seven accused of defrauding Inland home investors of millions

Seven people were arrested Thursday and charged with operating a $142 million mortgage and security fraud that pushed 201 Riverside County homes into foreclosure and harmed hundreds of investors in California and Arizona, driving many to financial ruin.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Riverside County, CA, Foreclosures, Murrieta, CA

12 hrs ago | Belleville News

Ill officials use $1.4M for homeowner counseling

Struggling homeowners in Illinois will soon get some guidance. Officials with the Illinois Housing Development Authority say they've approved allocating $1.4 million in federal grant money to pay for free counseling for homeowners.

Comment?

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

17 hrs ago | Pittsburgh Tribune

Rates on 30-year mortgages remain below 5 percent

Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday.

Comment?

Related Topix: Mortgage, Personal Finance, Home

21 hrs ago | Chicago Tribune

FHA feeling the heat to pump up its reserves

For the past several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped homebuyers who can't come up with a big down payment.

Comment?

Related Topix: Home, Mortgage, Personal Finance, US Politics, Scott Garrett, US News, Republican, US House of Representatives, Foreclosures, Business News

Yesterday | problembanklist.com | mortgagenews

Regulators Close One Small Florida Bank | Problem Bank List

Regulators continued their leisurely pace of bank closings this week, shuttering only a tiny one branch bank in Florida. With hundreds of banks technically insolvent, loan credit quality declining and non performing loans at all time highs, regulators seem to be hoping that zombie banks can somehow recover if they are left open. This seems to ...

Comment?

Related Topix: Home, Mortgage, Personal Finance, Fort Myers, FL

Yesterday | TownHall.com

Asia shares dip in nervous trade,...

Asian shares slipped on Friday, but recovered some early losses, while the dollar was steady after U.S. data raised fears that a global economic recovery could lose momentum.

Comment?

Related Topix: Financial Markets, Personal Finance, Foreclosures

Fri Nov 20, 2009

Bloomberg Business News

Housing Recovery in U.S. Is Set Back to 2010 With Market on `Life Support'

A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Housing, Construction, Toll Brothers, Walnut Creek, CA, Foreclosures

KVAL-TV Eugene

13 charged in $19 million Oregon bank fraud case

A federal grand jury in Eugene has indicted 13 people on mortgage and loan fraud charges arising from the collapse of a Central Oregon development company.

Comment?

Related Topix: Eugene, OR, Home, Mortgage, Personal Finance, Bend, OR, Redmond, OR

WTOL-TV Toledo

Stock futures point to lower opening

Stocks are set to continue their slide when the market opens Friday as the dollar strengthens further, and after a week of mixed economic reports.

Comment?

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

Journal-Pioneer

Consumers need to prepare for higher mortgage rates next year: advisers

The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates.

Comment?

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

Market Watch

Mortgages: 30-year fixed-rate mortgage at lowest since May

Rates on 30-year fixed-rate mortgages dropped to their lowest levels since May, Freddie Mac reported on Thursday.

Comment?

Related Topix: Home, Mortgage, Personal Finance

Thu Nov 19, 2009

www.bloomberg.com | mortgagenews

FHA, Prime Mortgage Defaults at Records on Job Losses

Foreclosures on prime mortgages and home loans insured by the Federal Housing Administration rose to three-decade highs in the third quarter, driven by the biggest job losses since the Great Depression.

Comment?

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

www.washingtonpost.com | mortgagenews

Joseph Gyourko -- 5 myths about homeownership

But before you rush out to claim your extra cash, take a moment to make sure you're not in the housing market for the wrong reasons. We've found that several of our most cherished beliefs about the value of a home don't hold true:

Comment?

Hampton Roads Daily Press

General Growth says creditors agree to restructure $8.9B in shopping center mortgage loans

In this Aug. 20, 2004 file photo, shopppers stroll through Faneuil Hall Marketplace, in Boston.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Real Estate, General Growth Properties, Economics News, Bankruptcy, US Travel, Travel

Cybercast News Service

Weak Jobless Claims, Future Economic Activity Data

A gauge of future economic activity and a report on unemployment benefits signaled Thursday that the recovery likely will remain weak in the coming months.

Comment?

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

CBS 3

Stocks Tank, Trailing Foreign Markets

A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks.

Comment?

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

www.charlotteobserver.com | mortgagenews

U.S. Bank CEO sees growth in Charlotte

While many of his peers are hunkering down in the financial crisis, U.S. Bancorp chief executive Richard Davis is on the offensive.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Hearst Argyle Television, Media, Television, Wachovia Corporation, Bank of America

The US Market Blog

Reading Rates: MBA Application Survey

The Mortgage Bankers Association publishes the results of a weekly applications survey that covers roughly 50 percent of all residential mortgage originations and tracks the average interest rate for 30 year and 15 year fixed rate mortgages, 1 year ARMs as well as application volume for both purchase and refinance applications.

Comment?

Related Topix: Mortgage, Personal Finance, Home, Housing

Wed Nov 18, 2009

ClipSyndicate

Mortgage Delinquency Rates Continue To RIse

11/18/09 Credit reporting agency TransUnion announced Monday that the overall delinquency rate for mortgages continued to rise for the quarter.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Real Estate, Video

Also on Topix