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Minimal local impact expected from new fed mortgage plan - Montgomery County Courier

March 28th, 2010 by admin

Globe and Mail
Minimal local impact expected from new fed mortgage plan
Montgomery County Courier
The first are borrowers who owe more on their loans than their houses are worth – pegged at more than 15 million homeowners by Moody's Analytics. Mortgage …
Obama administration revises anti-foreclosure strategyWashington Post
'Underwater' borrowers could get relief under Obama planLos Angeles Times
Help for troubled homeownersKGET 17
Christian Science Monitor -New York Times -Boston Globe
all 410 news articles »

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Why mortgage lenders charge overages, and why they may stop - Washington Post

March 28th, 2010 by admin

Boston Globe
Why mortgage lenders charge overages, and why they may stop
Washington Post
If the posted price is 5 percent and zero points, for example, and the loan officer charges the borrower 5 percent and half of a point, the half-point is …
Banks unlikely to cut mortgages for many borrowersThe Associated Press
Bank of America to reduce mortgage principal for some homeownersSeattle Times
Bank of America Refinance Mortgage Rates – Debt Reduction and Home Loan Help PlanSubprime Blogger (blog)
MarketWatch -Arizona Republic -Los Angeles Times
all 1,116 news articles »

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Above water? - Washington Post

March 28th, 2010 by admin

MiamiHerald.com
Above water?
Washington Post
The major changes involve more temporary loan forbearance for unemployed borrowers and incentives for creditors to offer write-downs of loan principal for …
HAMP: What the loan-mod changes meanBaltimore Sun (blog)
New Washington modification rules to help troubled home owners - will it …Examiner.com
US to increase housing loansDetroit Free Press
Arizona Republic -San Jose Mercury News -The Associated Press
all 1,602 news articles »

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Bill requiring mortgage mediation passes in House - Baltimore Sun

March 28th, 2010 by admin
Bill requiring mortgage mediation passes in House
Baltimore Sun
… Saturday to require mediation between borrowers facing foreclosure and their mortgage lenders. The bill requires an application for loan modification to …
Foreclosure mediation measure passes Md. HouseDaily Record (subscription)

all 10 news articles »

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Home Mortgage Loan Rates Up – Government Mortgage Plan Announced on March 26 - Subprime Blogger (blog)

March 26th, 2010 by admin

Boston Globe
Home Mortgage Loan Rates Up – Government Mortgage Plan Announced on March 26
Subprime Blogger (blog)
Home mortgage loan rates have been straight up over the last few days. Since Wednesday we have seen the 30 year fixed mortgage rate move from 4.75% all the …
Banks unlikely to cut mortgages for many borrowersThe Associated Press
Bank of America to reduce mortgage principal for some homeownersSeattle Times
Mortgage rates for March 26, 2010LoanSafe
Arizona Republic -The Money Times -Los Angeles Times
all 1,129 news articles »

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U.S. Expands Effort to Help Homeowners - Wall Street Journal

March 26th, 2010 by admin

ABC News
U.S. Expands Effort to Help Homeowners
Wall Street Journal
Under that effort, mortgage investors would have to reduce loan balances by at least 10%—to 96.5% of the current property value—to refinance borrowers into …
US Plans Big Expansion in Effort to Aid HomeownersNew York Times
Obama administration announces effort to slash mortgages for unemployed borrowersWashington Post
FACTBOX-US plan to shrink mortgages, keep jobless in homesReuters
TheStreet.com -CNNMoney.com -Los Angeles Times
all 1,099 news articles »

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Home Equity Loans Remain Alternative to Debt Consolidation - Loans and Credit

March 26th, 2010 by admin
Home Equity Loans Remain Alternative to Debt Consolidation
Loans and Credit
This meant that they owed more on their mortgage loans than what their homes were worth. These homeowners, obviously, would not have been able to take out a …

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Delinquent Mortgages Continue to Re-Default Despite Loan Modifications - Mortgage Rates & Trends (blog)

March 26th, 2010 by admin

Reuters
Delinquent Mortgages Continue to Re-Default Despite Loan Modifications
Mortgage Rates & Trends (blog)
According to a recent report, more than half of US borrowers who received loan modifications on delinquent mortgages defaulted again after nine months in …
Prime Borrowers Lift 'Serious' Mortgage DelinquenciesMoneynews (blog)
Households Facing Foreclosure Rose in 4th QuarterNew York Times
Who Should Get Help With Their Mortgage?NPR (blog)
eCreditDaily.com -BusinessWeek -Forbes
all 271 news articles »

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Refinance Home Loan Rates – GMAC Mortgage and JP Morgan Chase Offers - Subprime Blogger (blog)

March 23rd, 2010 by admin

FreeRateUpdate.com
Refinance Home Loan Rates – GMAC Mortgage and JP Morgan Chase Offers
Subprime Blogger (blog)
Both the GMAC Mortgage and JP Morgan Chase are offering very attractive interest rates to borrowers. It seems as if almost every single mortgage lender in …
Zillow: Pa. mortgage rates decline slightlyBizjournals.com
Mortgage interest rates for March 23, 2010LoanSafe
Saving Money through a Home Mortgage Refinance LoansBatchBuzz (satire)
FreeRateUpdate.com -BigNews.biz (press release) -HoweStreet.com
all 81 news articles »

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A market to prop up - Financial Times

March 23rd, 2010 by admin

Financial Times
A market to prop up
Financial Times
Hearings begin today in Congress that will help determine whether the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation …
Fannie Mae loosens loan modification requirementsReuters
Fixing Fannie and Freddie: A Litany of LiesBefore It’s News
No end to US mortgage woesGulfNews
Financial News USA (press release) -FOXBusiness (blog) -Washington Post
all 523 news articles »

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