Mortgage Rates Rise, Are Home Finance Loans Next?
Sunday, March 13th, 2011Mortgage Rates Rise and are currently at an average of 4.65%, according to new bank & finance data.
FHA set to offer new reverse mortgage option
Sunday, March 13th, 2011The Federal Housing Administration said Wednesday that beginning Oct. 4, it will offer a new reverse mortgage option with drastically lower up-front fees than its standard version.
Mortgage Delinquencies Mark First Decline in More Than a Year
Sunday, March 13th, 2011A report from the government showed that the number of seriously delinquent mortgages fell for the first time in more than a year during the second quarter, as more foreclosures were completed and homeowners negotiated loan modifications.
Marin Borrowers Unite Against Mortgage Firms
Sunday, March 13th, 2011A small nonprofit last year formed an unusual support group for troubled Marin County homeowners. The group has helped members file dozens of lawsuits against mortgage companies, in a sometimes-controversial tactic aimed at staving off foreclosures. The group’s members say they have had some success in buying time or bringing the companies to the negotiating [...]
US mortgage bonds steady despite foreclosure flap
Sunday, March 13th, 2011Warnings abound on the impact of delayed foreclosures on U.S. residential mortgage bonds, but the investors in the securities have not yet taken heed.
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