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Mortgage News

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

16 min ago | NEWS.com.au

Should I now fix my mortgage?

THERE are several things to consider before you join the big bank's mortgage war and fix your interest rate, writes Jessica Irvine.

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Related Topix: Mortgage, Personal Finance, Home

4 hrs ago | Business News

A surprise boost for RBS, but let's not bet the (mortgaged) ranch

It's a miracle! Royal Bank of Scotland lives again as a semi-functional bank capable of delivering pleasant profit surprises to its owners .

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Related Topix: Mortgage, Personal Finance, Home

8 hrs ago | Business Journal

Mechanics Bank teams up with RPM mortgage to retool home-loan offering

Mechanics Bank President and CEO Christa Steele is making her mark on the $3 billion community bank.

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Related Topix: Home, Mortgage, Personal Finance, Wells Fargo , Banking, Financial Services, Richmond, CA

Fri Jul 25, 2014

Bellingham Herald

Treasurer: $1B in interest earned during tenure

"Not one dollar of principal has been lost during my time in office," he said. "I am proud of our record of interest earnings and portfolio gains.

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Related Topix: Mortgage, Personal Finance, Home

Switched

How Amortized Fixed Rate Loans Help Keep Your Final Mortgage Payment In Sight

Amortization, the word, stems from the Latin "mort," meaning death. In real estate speak, it literally means to "kill a loan" over a defined period of time.

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Related Topix: Home, Mortgage, Personal Finance

Business Journal

Long-term mortgage rates remain in holding pattern

Mortgage rates were little changed this week and likely won't move much the rest of the year.

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Related Topix: Mortgage, Personal Finance, Home

The Modesto Bee

Former FBI employee, wife admit to bank fraud

The U.S attorney's office says 61-year-old Charles Espinel and his wife, 58-year-old Jeannette Espinel, entered their pleas Thursday in San Francisco.

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Related Topix: San Francisco County, CA, San Francisco, CA, Home, Mortgage, Personal Finance, San Mateo County, CA, Daly City, CA

The Age

ANZ joins fixed-rate mortgage fight

Banks continue to cut fixed-rate mortgages as they fight to win new customers, with ANZ and Westpac the latest to reduce key interest rates to below 5 per cent.

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Related Topix: Mortgage, Personal Finance, Home, Financial Services, Westpac Banking Corporation

Thu Jul 24, 2014

Northern Michigan News

Correction: Housing-Clinging to Low Rates story

In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow had risen 19 percent in the past year.

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

News Observer

RoundPoint Mortgage to lay off 166 in Charlotte

The Charlotte Observer reported that documents filed with the North Carolina Commerce Department indicate that RoundPoint Mortgage Co.

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Related Topix: Mortgage, Personal Finance, Home, North Carolina

KIDK CBS 3

Citi inks $7 billion mortgage settlement

Citigroup agreed to pay $7 billion to settle charges that it packaged bad mortgages during the run-up to the financial crisis.

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Related Topix: Home, Mortgage, Personal Finance

Canadian Business Magazine

Morgan Stanley paying $275M to settle SEC charges over sales of risky mortgage bonds

Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis.

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Related Topix: Stanley, Securities and Exchange Commission, Corporate / Securities Law, Home, Law, Mortgage, Personal Finance, Financial Markets

Ledger-Enquirer.com

Average US 30-year mortgage rate at 4.13 pct.

Mortgage company Freddie Mac says the nationwide average for a 30-year loan was 4.13 percent, unchanged from last week.

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Related Topix: Mortgage, Personal Finance, Home

The Wichita Eagle

US new-home sales plummet in June

In this Wednesday, June 20, 2012, file photo, a worker stands in the early-morning sunlight on a home construction project in Newtown, Pa.

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

Bellingham Herald

Pacino, Dafoe set for Venice Film Festival

Organizers on Thursday announced a 20-strong competition lineup that includes Ramin Bahrani's subprime mortgage drama "99 Homes," with Andrew Garfield and Laura Dern, and Andrew Niccol's "The Good Kill," starring Hawke as a dissatisfied drone operator.

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Related Topix: Home, Mortgage, Personal Finance

Key 103

Deep Debt Warning Issued As Rate Rise Looms

The number of households creaking with crippling debts may double over the next four years, a think-tank has warned.

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Related Topix: Mortgage, Personal Finance, Home

Contra Costa Times

Barnidge: Not every change in Lafayette is coming at a breakneck pace

Lafayette residents upset at how quickly new construction is changing their town can find solace in the snail's pace of the development formerly known as the Terraces of Lafayette.

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Related Topix: Lafayette, CA, Richmond (San Francisco, CA), Home, Mortgage, Personal Finance, Richmond, CA

Wed Jul 23, 2014

Bellingham Herald

Washington state files charges against two mortgage loan companies

Here's a news release from DFI about a couple of companies possibly operating loan modification schemes.

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Related Topix: Home, Mortgage, Personal Finance, Foreclosures

The Winnipeg Free Press

S&P says regulators considering action against it over mortgage securities ratings in 2011

Standard & Poor's said Wednesday that regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages.

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Related Topix: Home, Mortgage, Personal Finance, Securities and Exchange Commission, Corporate / Securities Law, Law

Brandon Sun

Ex-Wall Street trader gets 2-year prison sentence for defrauding government bailout

A federal judge sentenced a former Wall Street trader to two years in prison on Wednesday for securities fraud, saying he took advantage of a government bailout program.

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Related Topix: Prison, Criminal Defense Law, Law, Home, Mortgage, Personal Finance, Financial Markets

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