Mortgage Wire
Comprehensive News Feed for Mortgage.
Results 1 - 20 of 121,917 in Mortgage
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Personal Finance Daily: The week's 10 best Personal Finance stories
... a Recession Baby. Delinquencies, foreclosures break record Job losses caused more Americans to fall behind on their mortgage payments in the third quarter, leading to a record 14.41% of loans either in foreclosure or with at least one payment past ... Comment?
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... numbers made investors cautious. Reports Wednesday and Thursday showing a drop in housing starts and a jump in mortgage delinquencies upended an advance that had been all but unbroken in November. Those figures brought worries that an economic ... Comment?
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Best investment that you can make is in yourself
... are your assets. On the right hand side is a listing of what you owe. Again, a simple version might list: home mortgage - $100,000; car loans - $12,000; credit cards - $3,000. The total of your debt would be $115,000. Those are your liabilities. ... Comment?
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Putin announces more aid as Russia exits crisis
Vladimir Putin pledged on Saturday to widen Russia's anti-crisis aid package with a car scrappage scheme and mortgage support to jolt the economy out of the worst recession in 15 years. Comment?
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Ill officials use $1.4M for homeowner counseling
... homeowners. The grant comes through the National Foreclosure Mitigation Counseling program. It will pay for 5,000 mortgage delinquency and foreclosure prevention counseling sessions. The head of the housing authority says financial counseling is the ... Comment?
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Prospects weaken for recovery in housing market this year
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?
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City agency's list of lenders has problems
... borrowers to first work with one of its participating lenders in the private marketplace to secure a first mortgage. The trouble is that the agency acknowledges that it takes no responsibility for ensuring the professional fitness of the loan agents ... Comment?
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Personal Finance Daily: The week's 10 best Personal Finance stories
... a Recession Baby. Delinquencies, foreclosures break record Job losses caused more Americans to fall behind on their mortgage payments in the third quarter, leading to a record 14.41% of loans either in foreclosure or with at least one payment past ... Comment?
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Justice Dept. shut out ACORN, but group got money
... drives and provides financial services to the poor, like assistance with income tax preparation and mortgage applications, and the development of low-income housing. Conservatives have long complained about ACORN's voter drives in poor ... Comment?
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re: Mortgage Industry Leads Accountability and Transparency Reform
Transparency is the new buzz word in the financial world, especially in the mortgage industry. Comment?
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Lawsuit filed in housing scheme
... their employees and officers. The companies are Phoenix Housing Group Inc., K&B Homebuilders Inc. and W.R. Starkey Mortgage LLP. Phoenix Housing Group Inc. sells manufactured homes and land/home packages and arranges financing for buyers. The ... Comment?
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... rates make it cheaper for people and companies to borrow, and they help sustain a weak economy. They also help keep mortgage rates low, which is key to turning the housing market around. And lower rates make it much cheaper for the government to ... Comment?
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Turn your home into an income property
... entirety. Renting can be a financially rewarding experience, either to provide extra income, or to help pay off a mortgage. So if you're thinking of going the income property route, here are 10 important steps you should take: 1. Contact your local ... Comment?
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Thanks: Congressman stood strong for affordable health care
... husband and I are members of the "sandwich generation." Although recently retired, we are still struggling with a mortgage, repayment of student loans and the increasing cost of living, particularly health care expenses. Lower health insurance ... Comment?
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Peter Boutell, Lending a Hand: Don't confuse low prime rate with low fixed mortgage rates
The 30-year fixed rate was hovering just over 6 percent one year ago and then in mid-December the Fed announced it would buy $1.25 trillion in mortgage-backed securities. Comment?
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... rates make it cheaper for people and companies to borrow, and they help sustain a weak economy. They also help keep mortgage rates low, which is key to turning around the housing market. And lower rates make it much cheaper for the government to ... Comment?
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Rating outfits accused of bias
The three major credit-rating agencies benefited from giving better-than-warranted grades to risky mortgage-backed securities, a practice that cost five Ohio retirement funds at least $457 million, state officials said yesterday. Comment?
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S.C. jury finds 3 men guilty in Ponzi scheme
A federal jury on Friday found three South Carolina men guilty of swindling more than $80 million from thousands of investors, many of whom prosecutors say fell victim to the Ponzi scheme because of their mounting debt. Comment?
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... Brevard County. Orlando is about a 35-minute drive, he said. Buyers who use Maronda's in-house financing arm, MFC Mortgage Inc., can take advantage of a promotion that has the builder pay $5,000 toward the buyer's closing costs. They'll also be ... Comment?
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... ormation, call 270-0300 by Dec. 11 or visit housingfornevada.org. This class is being sponsored by Wells Fargo Home Mortgage. Comment?
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