One in 25 mortgage holder in arrears
Wednesday, March 16th, 2011ONE IN every 25 Irish residential mortgage holders is more than three months in arrears on repayments, according to figures published yesterday by the financial regulator. And almost 22,000 people are struggling with arrears of more than six months on their home loans.
JPMorgan to Sell $716.3 Million of Mortgage Bonds
Wednesday, March 16th, 2011JPMorgan Chase & Co. is marketing $716.3 million of bonds backed by commercial mortgages, according to a person familiar with the offering.
Fannie, Freddie To Delist Stock From U.S. Exchanges
Wednesday, March 16th, 2011Fannie Mae and Freddie Mac said they intend to delist their stock from the New York Stock Exchange as the U.S. government-backed mortgage companies continue to struggle amid billions in losses.
Troubled borrowers get help outside Obama mortgage plan
Wednesday, March 16th, 2011More troubled homeowners have fallen out of trial mortgage modifications than have received long-term help, a new government report released Monday shows.
What Wall Street reform means for your mortgage
Wednesday, March 16th, 2011Predatory lending would likely become a thing of the past if proposed regulatory reform rules are put into practice. And that may mean that mortgages get more expensive and more difficult to get, lenders warn.
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