|
Bank of America faces complaints over mortgages and stalled loan modifications.
MiamiHerald.com The Attorney General's Office is responding individually to those who complain, providing borrowers with information on mortgage fraud, the state's legal … Regulators ramp up efforts on loan modification complaintsSun-Sentinel.com |
 Wall Street Pit (blog) |
Mortgage modifications" are becoming more common, and more lenient
St. Louis Post-Dispatch Today, the bulk of the problem stems from prime loans made to borrowers who have lost their jobs, or taken pay cuts. "The subprime mortgage crisis is in the … Genworth: Half Of Defaults Eligible For Government HelpWall Street Journal Do Mortgage Lenders Make More Money When a Loan Goes into Foreclosure?Daily Press New government study warned millions more foreclosuresOA News Plain Dealer -Seeking Alpha (blog) all 81 news articles » |
 Examiner.com |
Genworth Financial Announces Third Quarter 2009 Results
Reuters The company defines loss mitigation activities as rescissions, borrower loan modifications, repayment plans, lender- and borrower-titled presales and other … First Place Financial Corp. Strengthens Allowance for Loan Losses Recording a …GlobeNewsWire (press release) Seacoast Reports Results for Third Quarter 2009Reuters Quaint Oak Bancorp, Inc. Announces Third Quarter EarningsReuters Reuters -Reuters -Reuters all 1,139 news articles » |
|
Moody's May Downgrade Mortgage Bonds With New Outlook
Bloomberg Subprime mortgages were offered to borrowers with the worst credit records. Alt-A loans, a step above, were given to borrowers seeking atypical terms, … Moody's Plans To Raise Loss Projections On US RMBSWall Street Journal Moody's Investors Service - Milan - Moody's assigns definitive ratings to the …DeHavilland (press release) (subscription) House Price Declines Weigh on Alt-A, Jumbo RMBS Ratings: Moody'sHousing Wire FT Alphaville (blog) all 73 news articles » |
|
UPDATE 1-Calif. AG seeks bank info on mortgage "time bombs"
Reuters Mary Coffin, a Wells Fargo executive vice president, said this month the bank has a program to help borrowers with negatively amortizing loans to move to … California AG Wants Pay Option ARM AnswersHousing Wire |
MonitorBankRates.com |
Mortgage rates' upward trend continues
Los Angeles Times The surveys assumed that borrowers with good credit were making a down payment of at least 20%. Borrowers this month have paid on average 0.7% of the loan … Rates on 30-year loans rise to 5.03 percentThe Associated Press U.S. mortgage rates hold just above 5 percent: FreddieReuters Home Refinancing May Never Look So Good Again: John F. WasikBloomberg OCRegister -PR Newswire (press release) -Pressmap (Pressemitteilung) all 156 news articles » |
 Examiner.com |
Northfield Bancorp, Inc. Announces September 30, 2009 Results
Reuters We are taking significant steps to ensure we are positioned for the future as we continue to lend to creditworthy borrowers and assist existing borrowers. … Peoples Bancorp Announces Third Quarter Earnings ResultsPR Newswire (press release) Summit State Bank Reports Third Quarter Profit and Declaration of DividendTrading Markets (press release) Lakeland Financial Reports Strong ResultsGlobeNewsWire (press release) PR-USA.net (press release) -SYS-CON Media (press release) -PR-AU.com… (press release) all 848 news articles » |
|
PHH's new CEO optimistic about mortgage industry
Philadelphia Inquirer PHH, as the lender, stands between the borrower and the investor who eventually buys the mortgage. Selitto has spent much of the last decade trying to wring … Jerome J. Selitto named CEO of PHH CorporationNational Mortgage Professional Magazine |
MonitorBankRates.com |
US mortgage applications slump third straight week
Reuters The average 30-year mortgage rate slipped 0.03 percentage point to 5.04 percent in the week ended Oct. 23. Borrowers who got a loan in March saw record low … Mortgage Demand Tumbles for Third Week: Industry ReportDSNews.com |
|
BlackRock, T. Rowe Price Seek Fed Loans to Buy TALF Securities
Bloomberg Yields on five-year commercial mortgage-bonds average 6 percent to 6.5 percent, reflecting the risks posed by rising property vacancies and borrower … |
