Home Mortgage News

Bloomberg

Obama Says Home-Mortgage Relief Plan Will Eliminate US's 'Biggest Drag' Bloomberg “Right now, there are more than 10 million homeowners in this country who, because of a decline in home prices that is no fault of their own, owe more on their mortgages than their homes are worth,” Obama said. It is “wrong for anyone to suggest that ... Obama presses Congress on home refinancingUSA TODAY Obama: Push for mortgage reformPolitico (blog) President Obama: A plan to help responsible homeownersDetroit Free Press Coon Rapids ECM Publishers all 572 news articles »

Banks to take a hit on US home loans Financial Times By Shahien Nasiripour in Washington Investors in US home mortgage securities will be forced to write down a “substantial” amount of principal – up to $40bn – for distressed borrowers as part of a national settlement against leading US banks to resolve ... Mortgage Deal Reached In 2008 Shows Pitfalls To Avoid In Current SettlementHuffington Post HUD Secretary Expects “Substantial” Payment of Foreclosure Fraud Settlement ...Firedoglake all 3 news articles »

Politico

Obama Said to Plan Assistance for Home Mortgage Refinancing San Francisco Chronicle The president also will reveal a pilot program to sell foreclosed properties in bulk to investors who maintain the homes as rentals, the official said. The pilot will be limited to homes owned by Fannie Mae, the mortgage company under government ... Obama unveils mortgage refinancing planCBS News Obama proposes broader housing refinance planUSA TODAY Obama to detail broader housing refinance planBusinessWeek Wall Street Journal -Washington Post -New York Times all 1,125 news articles »

Bloomberg

Mortgage Rates Mixed This Morning: 30 Year Mortgage Rates at 3.97% MonitorBankRates.com Current mortgage rates today on 30 year mortgages are averaging 3.97%, down from yesterday's average 30 year mortgage rate of 3.98%. Current mortgage rates on 15 year home loans are averaging 3.30%, down from yesterday's average 15 year mortgage rate ... Mortgage Rates New Record Low Attracts Attention From Consumers According To ...San Francisco Chronicle (press release) Cash Out Volume Hits 16-Year LowNational Mortgage Professional Magazine Share of home mortgage borrowers on floating rates rises to record high ...Interest.co.nz MarketWatch (press release) -Bloomberg all 370 news articles »

MonitorBankRates.com

Mortgage Rates This Weekend: Current Mortgage Rates on 30 Year Home Loans at 3.98% MonitorBankRates.com Mortgage rates this weekend are mixed, no big moves in average rates. Current mortgage rates on 30 year conforming home loans are averaging 3.98%, unchanged from yesterday's average 30 year mortgage rate. Mortgage rates today on 15 year home mortgage ... CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites ...San Francisco Chronicle (press release) Security America Mortgage, Inc. Extends the Mortgage Lending Industry ...Houston Chronicle Current Mortgage Rates Today – Bank of America and Citibank Raise RatesBest Syndication all 13 news articles »

Fox News

Marine Fights Freddie Mac to Save His Home Huffington Post The bank put the house up for sale, but in Riverside County's devastated housing market, found no buyers. Seeing his home sit empty infuriated de los Santos. He continued contacting Chase, hoping to persuade the bank to renegotiate the mortgage. Corker Obama s Principal Write-down Proposal for Underwater Home Mortgages is ...PoliticalNews.me (press release) Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce ...Boston.com Editorial: Mortgage crisis still begs for interventionThe Spokesman Review Financial Times -OregonLive.com -San Francisco Chronicle all 415 news articles »

New York Times

A Mortgage Tornado Warning, Unheeded New York Times YEARS before the housing bust — before all those home loans turned sour and millions of Americans faced foreclosure — a wealthy businessman in Florida set out to blow the whistle on the mortgage game. His name is Nye Lavalle, and he first came to ... Gingrich Ties to Fannie, Freddie Said to Extend to Speaker DaysBusinessWeek Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release) Halfway homeWashington Post all 58 news articles »

Palm Springs area business briefs for Sunday, Feb. 5 The Desert Sun COACHELLA VALLEY — Wells Fargo & Co. will host a free home mortgage workshop for about 16000 home mortgage customers from Riverside and San Bernardino counties and surrounding areas from 9 am to 7 pm Feb. 14-15 at the Ontario Convention Center, ... and more »

Newsolio (blog)

Real estate loan help: How to get a home mortgage after bankruptcy Newsolio (blog) One, you recently filed bankruptcy, and therefore have little cash on hand (certainly not the 20% down for a conventional mortgage!). And two, you either have never purchased a home before or, like me, you walked away from a house you could no longer ...

Toronto Star

Home equity line of credit fees can be confusing Toronto Star By Rubina Ahmed-Haq | 2012/02/05 18:00:00 When high school teacher Mark Murakami bought his Brampton home three years ago, he was encouraged by his bank to take out a home equity line of credit at the same time he arranged the mortgage. and more »

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