Time to think sharp - Sydney Morning Herald

August 27th, 2008 by admin

Sydney Morning Herald
Time to think sharp
Sydney Morning Herald, Australia - 10 hours ago
But what should borrowers coming off fixed-rate loans do? Should they jump into another fixed-rate loan or switch to variable? "Consumers may as well ride
Borrowers urged to negotiate rates Broker News Australia
all 2 news articles

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Unlocking your home equity - CNNMoney.com

August 27th, 2008 by admin
Unlocking your home equity
CNNMoney.com - 3 hours ago
In the past some reverse-mortgage brokers pressured borrowers to buy investments like deferred annuities with the proceeds of their loans.

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Banks tighten reins on buy-to-let home loans - Times Online

August 27th, 2008 by admin

Daily Mail
Banks tighten reins on buy-to-let home loans
Times Online, UK - Aug 26, 2008
According to the Council of Mortgage Lenders (CML), banks, building societies and other finance providers made just 144600 new loans to buy-to-let borrowers
Buy-to-let lending falls as repossessions rise guardian.co.uk
Buy-to-let lending falls 15 pct Reuters UK
Buy to let mortgage failure could hit tenants Fair Investment Company
Financial Times - ifaonline.co.uk
all 35 news articles

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FHA Raises Its Premiums to Insure - Wall Street Journal

August 27th, 2008 by admin

Wall Street Journal Blogs
FHA Raises Its Premiums to Insure
Wall Street Journal - 9 hours ago
In a posting on its Web site Tuesday, the FHA said the upfront premiums charged to most borrowers will be 1.75% of the loan amount, effective Oct. 1.
Freddie pares mortgage commitments; Fannie to buy more MarketWatch
Foreign spigot off for US consumers Asia Times Online
Lending Over Backward Forbes
Inman.com (subscription) - FOXBusiness
all 49 news articles

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Indiana sues Countrywide over mortgage practices - Reuters

August 26th, 2008 by admin

The Money Times
Indiana sues Countrywide over mortgage practices
Reuters - 14 hours ago
According to the 13-page complaint, Countrywide misled borrowers about loan terms, including prepayment penalties on adjustable-rate mortgages that let
State sues mortgage company Countrywide Indianapolis Star
State sues Countrywide over lending practices WSBT-TV
State Files Suit Against Mortgage Lender Inside INdiana Business (press release)
Indianapolis Business Journal - INDYchannel.com
all 143 news articles

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Mortgage fraud still soaring - CNNMoney.com

August 26th, 2008 by admin

NewsOK.com
Mortgage fraud still soaring
CNNMoney.com - 1 hour ago
Loan applications are at an eight-year low, according to the Mortgage Bankers Association, and deals are harder than ever to come by for real estate
Mortgage fraud soars in first quarter, report says Los Angeles Times
For 2008 Vintage, Fraud Abounds in Florida, California Housing Wire
all 136 news articles

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Regulator to help IndyMac mortgage borrowers - Reuters

August 26th, 2008 by admin

Boston Globe
Regulator to help IndyMac mortgage borrowers
Reuters - Aug 20, 2008
The modified loans will be available to most borrowers with a first mortgage either owned by, or securitized and serviced by, IndyMac.
FDIC's IndyMac Borrower Aid Is `Dangerous' for Bonds (Update2) Bloomberg
Dear FDIC: I Want a Better Mortgage, Too Motley Fool
Reliquefying housing FinancialWeek (subscription)
Washington Post - Los Angeles Times
all 293 news articles

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Lending Over Backward - Forbes

August 26th, 2008 by admin

San Diego Union Tribune
Lending Over Backward
Forbes, NY - 2 hours ago
“Somebody who has a 750 credit score and 20% down is not going to pick an FHA loan. You’re definitely getting a riskier borrower that simply wouldn’t
Raising the bar San Diego Union Tribune
Declines in equity strain many ARMs Chicago Tribune
Homeowners may be able to refinance mortgages Sun-Sentinel.com
all 5 news articles

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The Best Mortgage Deals Around - TheStreet.com

August 25th, 2008 by admin
The Best Mortgage Deals Around
TheStreet.com - 16 hours ago
Thus, the borrower needs no cash to get the mortgage. Very few mortgage brokers know about this type of loan, or work for companies that are registered to
Two unmarrieds buying a house need a contract San Francisco Chronicle
all 2 news articles

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Regulator to help IndyMac mortgage borrowers - Reuters

August 25th, 2008 by admin

Boston Globe
Regulator to help IndyMac mortgage borrowers
Reuters - Aug 20, 2008
The modified loans will be available to most borrowers with a first mortgage either owned by, or securitized and serviced by, IndyMac.
FDIC's IndyMac Borrower Aid Is `Dangerous' for Bonds (Update2) Bloomberg
Dear FDIC: I Want a Better Mortgage, Too Motley Fool
FDIC Restructuring Some IndyMac Loans Washington Post
Los Angeles Times - Forbes
all 320 news articles

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