Mortgage Newswire

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Results 1 - 20 of 97,788 in Mortgage

  1. Steady Ottawa housing market for 2015-16: CMHCRead the original story

    21 min ago | Ottawa Business Journal

    Renters in Ottawa will have more options, housing starts will drop and the resale market will remain relatively flat over the next several months, the Canada Mortgage and Housing Corporation said Monday. "Housing demand will remain steady in Ottawa in 2015 despite soft job growth, due to low mortgage rates and prices that are affordable for the average household," CMHC market analyst Anne-Marie Shaker said in a statement.

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  2. TOTL Hits $500 Million In AUMRead the original story w/Photo

    21 min ago | Seeking Alpha

    ... for Your 2015 IRA Contribution ). Holding close to 300 securities in its basket, it puts about 55% of assets in mortgage-backed securities followed by about 11% invested in bank loans and 11% in emerging markets. High-yield corporate bonds and ...

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  3. The Kiwi Dollar Will Continue To Test New LowsRead the original story w/Photo

    1 hr ago | Seeking Alpha

    ... rates needed to be cut to stimulate inflation, but this would also have had the effect of contributing to higher mortgage demand through availability of cheaper credit. In this regard, a tax on property investments removes the need for an interest ...

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  4. Is China's Housing Market Rebounding?Read the original story w/Photo

    1 hr ago | Seeking Alpha

    ... by over 10 percent in April. With quantitative easing taking hold in China, a by-product of this has been relaxed mortgage policies across the housing sector more generally. To provide some context, the latest interest rate cut has resulted in the ...

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  5. Why Regulating Banks Will Never Work: Greece As A Case StudyRead the original story w/Photo

    1 hr ago | Seeking Alpha

    ... in 2008. I feel certain risk officers continually reminded senior bank officers just how risky the packages of mortgage-backed securities were. But they were ignored until the market for these securities vanished overnight. And the regulators - ...

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  6. Warren seeks public hearing on bank waiversRead the original story w/Photo

    1 hr ago | USA Today

    Sen. Elizabeth Warren, D-Mass., a frequent Wall Street critic, is taking aim at major banks that admitted manipulating the world's foreign-exchange currency market. Warren seeks public hearing on bank waivers Sen. Elizabeth Warren, D-Mass., a frequent Wall Street critic, is taking aim at major banks that admitted manipulating the world's foreign-exchange currency market.

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  7. 10 Reasons Why China's High Debt Level May Not Be As Bad As It AppearsRead the original story w/Photo

    1 hr ago | Forbes.com

    ... ns that created financial crises on other high-debt nations 3. Household debt is relatively low; notably, household mortgage debt is only about 16% of China's GDP, or 5.7% of total debt

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  8. Senator Shelby Moves Forward with Major Dodd-Frank ReformsRead the original story w/Photo

    1 hr ago | JD Supra

    ... (CFPB) is funded or managed, nor does it address the conservatorship of Fannie Mae and Freddie Mac. Qualified Mortgage Safe Harbor Eligibility . The bill would allow banks of any size to have a safe harbor from federal "qualified mortgage" rules so ...

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  9. Buffalo landlord headed to prison in mortgage fraud caseRead the original story w/Photo

    1 hr ago | Inman

    A Buffalo, N.Y., landlord who agreed to pay $1.5 million in restitution and penalties and plead guilty to mortgage fraud has been sentenced to one year in prison. Robert J. Palano, described by the Buffalo News as one of the city's "biggest and most notorious landlords," had faced up to seven years in prison after fraudulently obtaining more than $4 million in mortgage loans on 104 rental properties on the city's east side.

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  10. Legal and Public Notices 5/25/15 - Notice of Substitute Trustee's...Read the original story w/Photo

    1 hr ago | Murfreesboro Post

    WHEREAS, default has occurred in the performance of the covenants, terms and conditions of a Deed of Trust dated June 13, 2013, executed by BETTYE J. BASSHAM, conveying certain real property therein described to FMLS, INC. , as Trustee, as same appears of record in the Register's Office of Rutherford County, Tennessee recorded June 24, 2013, in Deed Book 1228, Page 2833; and WHEREAS, the beneficial interest of said Deed of Trust was last transferred and assigned to REGIONS BANK D/B/A REGIONS MORTGAGE who is now the owner of said debt; and WHEREAS, the undersigned,Rubin Lublin TN, PLLC, having been appointed as Substitute Trustee by instrument to be filed for record in the Register's Office of Rutherford County, Tennessee.

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  11. Anti-eviction campaigner promises change in BarcelonaRead the original story

    1 hr ago | Hometown Annapolis

    Leading Spanish social activist Ada Colau said Monday the fight against evictions, poverty and corruption will be her priority as new mayor of the country's second city, Barcelona. Colau, 41, told a news conference she intends to halt evictions of people who can't afford to pay their mortgage or rent and will demand that banks free up the thousands of empty houses they possess.

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  12. Florida Community Bank sells repossessed Fort Lauderdale condos at 40% discountRead the original story w/Photo

    1 hr ago | Business Journal

    An affiliate of Florida Community Bank sold 27 repossessed condos in Fort Lauderdale's Isles of Coral Ridge building at a 40 percent discount to their prior mortgage. FCB REO Commercial, an affiliate of the Weston-based bank , seized the units at 1400 N.E. 56th Street in 2014 after foreclosing on the $3 million mortgage of Coral Ridge Development.

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  13. Goldman Sachs Cuts Countrywide PLC Price Target to GBX 540Read the original story

    1 hr ago | AmericanBankingNews.com

    ... products ( LON:CWD ) for participants in residential property transactions; surveying and valuation services for mortgage lenders and prospective homebuyers, and residential property conveyance services. Receive News & Ratings for Countrywide PLC ...

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  14. Homebuyers often unaware of illegal contractsRead the original story w/Photo

    1 hr ago | Financial News & Daily Record

    A federal agency is racking up lawsuits nationwide against real estate companies that get or give illegal kickbacks for mortgage referrals. In Northeast Florida, such referrals have been part of the industry for two decades, said Fred Ahern, a retired Jacksonville Beach real estate attorney.

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  15. B.C.'s richest people living in $4 million homes on average: BMO surveyRead the original story w/Photo

    1 hr ago | Vancouver Sun

    While increased ferry fares have negatively impacted property values on some Gulf Islands, prospective buyers of these high-end retreats are not likely deterred by the cost of getting to these properties, whether by ferry, yacht or floatplane. The film industry is booming again with multiple movies being made in Vancouver.

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  16. Maryland offers incentives to active military and veteran homebuyersRead the original story

    2 hrs ago | The Washington Post

    ... Guard, as well as honorably discharged and disabled veterans could qualify for a 2.75 percent fixed-rate 30-year mortgage and up to $10,000 in down-payment assistance. "I am very proud of this new initiative, which helps our brave men and women in ...

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  17. Post office building in Forest Grove to be sold at auction - Monday, 25 May 2015 08:55Read the original story w/Photo

    2 hrs ago | The Newberg Graphic

    ... the building's owner, Karen J. Gladyschild of Portland, but public documents show she failed to make an April 1 mortgage payment of $5,134.63 and that ownership was awarded to the Georgia-based Atlanta Postal Credit Union in a default judgment ...

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  18. The big reason everyone is so worried about Spain's election resultRead the original story w/Photo

    2 hrs ago | MarketWatch

    A new day has clearly dawned for Spanish politics and on Monday, financial markets were grappling to understand it and what lies ahead for the country. dealing with another ripple for their own well-known debt problems.

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  19. Good Read: 'You Know You're An Obama Voter If You....."Read the original story w/Photo

    2 hrs ago | WCBM-AM Pikesville

    ... successor. You know you're an Obama voter if you think lack of adequate regulation is responsible for the home-mortgage meltdown of 2008, rather than a Democratic Congress that (in the name of fairness) made banks give sub-prime mortgages to ...

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  20. Shocking News: Economists Link Big Banks Use of Credit Default Swaps to 2008 Financial CollapseRead the original story w/Photo

    2 hrs ago | Daily Kos

    It my seem strange to anyone who has followed the debate over the causes of the 2008 housing bubble collapse and the resulting financial crisis that triggered the "Great Recession," but it took until 2015 for economists to publish a research paper in the Journal of Finance that shows credit default swaps used by large investment banks to prop up their subprime mortgage deriviatives scam were directly linked to the 2007-2008 Financial Crisis and housing bubble collapse. Two economists at the University of Texas, Dr. Harold H. Zhang Dr. Feng Zhao, working with "global asset management firm TCW " looked at over 9 Million securitized mortgage instruments on the secondary market by investment bankers from 2003 - 2007.

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