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Mortgage News

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

53 min ago | WSFA-TV Montgomery

Correction: Debt Study story

In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file.

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Related Topix: Urban Institute, Technical Services, Home, Mortgage, Personal Finance, Credit Card Debt, Texas

53 min ago | Ledger-Enquirer.com

Text of the Federal Reserve's statement Wednesday

Information received since the Federal Open Market Committee met in June indicates that growth in economic activity rebounded in the second quarter.

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

53 min ago | WYFF-TV Greenville

Federal Reserve stays on cruise control

The central bank has been gradually reducing, or tapering, its monthly bond purchases since January.

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

1 hr ago | The Washington Post

Struggling homeowners wait to get mortgage relief. And wait. And wait.

Troubled homeowners are facing unacceptable delays when they turn to the Obama administration's flagship foreclosure prevention program for help, the watchdog agency that oversees the initiative reported Wednesday.

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

6 hrs ago | Asbury Park Press

Couple get federal prison terms for mortgage fraudCouple get federal...

Couple get federal prison terms for mortgage fraud An NJ couple convicted of fraudulently obtaining $3.4M is now going to prison.

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Related Topix: Federal Prisons, Home, Mortgage, Personal Finance, Prison

10 hrs ago | West Australian

Genworth flags up to $250m FY profit

SYDNEY, July 30 AAP - Mortgage insurer Genworth has flagged a full year profit of up to $250 million amid higher premiums as a strong property market leads to fewer claims.

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Related Topix: Mortgage, Personal Finance, Home

Tue Jul 29, 2014

KRVN-AM Lexington

YouTube Comedy Star Pays Off Parents' $340,000 Mortgage

Timothy DeLaGhetto typically entertains his 2.5 million subscribers with sex jokes and television parodies.

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Related Topix: Home, Mortgage, Personal Finance, Paramount, CA

Automotive News

Near-record auto lending drives Ally Q2 profit higher

The former financing arm of General Motors Co. said it had earned $323 million, or 54 cents per share, in the second quarter.

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Related Topix: Mortgage, Personal Finance, Home

Times Herald

YouTube celeb thanks parents by paying off their mortgage

Timothy DeLaGhetto posted a YouTube video Monday as he presented his parents with a check of $210,000 to pay off their mortgage.

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Related Topix: Home, Mortgage, Personal Finance, Long Beach, CA

WBTV

Wipe out debt for good

The average U.S. household owes more than $7,000 on their credit cards. Average U.S. household mortgage debt is around $154,000, and average U.S. household student loan debt is more than $33,000.

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Related Topix: Home, Mortgage, Home Buying, Credit Card Debt

Vallejo Times-Herald

Fed is weighing key issues but may reveal little

This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low.

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Related Topix: Home, Mortgage, Personal Finance, Ben Bernanke

KMIZ

Home price increases continue at slower pace

The S&P/Case-Shiller home price index, a closely watched measure of home values.

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

The Modesto Bee

US home price gains slow for 6th straight month

The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 9.3 percent in May from 12 months earlier.

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Related Topix: Housing, Tampa, FL, Home, Mortgage, Personal Finance, Business News

KSL-TV

4 reasons a reverse mortgage might be right for you

This story is sponsored by Goldenwest Credit Union . a leading provider of financial products and services throughout the state of Utah.

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Related Topix: Mortgage, Personal Finance, Home

West Australian

UBS says books 254 million euros against second quarter to settle one German tax probe

The Zurich-based lender's offices in Germany were searched last year as part of an investigation of 750 cases involving foundations, a probe sparked by a CD with details of UBS clients that was purchased by the German state of North Rhine-Westphalia .

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Related Topix: Home, Mortgage, Personal Finance

Mon Jul 28, 2014

Sunherald.com

Study: 35 percent in US facing debt collectors

These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid.

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Related Topix: Urban Institute, Technical Services, Home, Mortgage, Personal Finance, Texas, San Jose (Jacksonville, FL)

Wall Street Journal

Is the Private Mortgage-Bond Market Dead or Dormant?

It's been nearly seven years since the market for so-called private-label mortgage bonds, or those that aren't backed by government-related entities, dried up.

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

Bellingham Herald

Business Highlights

Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.

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Related Topix: Home Listing, Home, Real Estate, Vladimir Putin, Mortgage, Personal Finance, Housing

Bellingham Herald

Lloyds bank settles with US, UK over market fixing

Lloyds, one of the world's largest banks, on Monday became the sixth financial firm sanctioned in the international rate-rigging scandal.

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Related Topix: Lloyds TSB Group, Financial Services, Home, Mortgage, Personal Finance

The Olympian

Zillow buying Trulia to build real estate titan

Real estate website operator Zillow Inc. is buying its rival in a $3.5 billion deal that will make the biggest player in the online real estate information market.

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Related Topix: Zillow, Trulia, Startups, Real Estate, Home Listing, Home, Mortgage, Personal Finance

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