Should Lenders Go After Borrowers Who 'Walk Away'?
Wall Street Journal (blog)
Fannie also will lengthen to seven years, from five, the amount of time borrowers who go through a foreclosure must wait before getting a new loan. …
Is Strategic Default ImmoralBefore It’s News
Harder to walk awayBattle Creek Enquirer
Reality Check: Fannie Mae & Freddie Mac Go To Zero (FNM, FRE)24/7 Wall St. (blog)
Grist Magazine -NuWire Investor -Minnesota Independent
all 103 news articles »

Summary Box: New mortgages up after rates fall
The Associated Press
HOME LOAN APPLICATIONS UP: The number of borrowers applying for home loans last week grew by nearly 9 percent from the previous week, according to the …
Home Mortgage Loan Rates – Refinance Interest Rates from Major Mortgage …Subprime Blogger (blog)
Remove a name from a mortgageLoanSafe
Today's Lowest Mortgage Interest Rates – Home Loans Under 4.5% from BoA, Citi …Subprime Blogger (blog)
eCreditDaily.com -Wall Street Journal -Stock Markets Review
all 306 news articles »

Banks Return to Commercial Mortgage Bonds
New York Times (blog)
Comprising six loans on a total of 81 properties, it was the first multiple borrower bond of its kind since 2008, experts said. …
If There's A Bottom In Sight For Commercial Real Estate, We Can't See ItThe Business Insider

all 9 news articles »

Illinois sues Countrywide over subprime loans
Chicago Tribune
… Illinois sued former mortgage giant Countrywide Financial Corp. on Tuesday for allegedly using discriminatory lending practices for minority borrowers. …
Madigan sues Countrywide, alleging discriminationThe Associated Press
Illinois Accuses Countrywide of DiscriminationBusinessWeek
Illinois AG files lending discrimination suit against CountrywideNational Mortgage Professional Magazine
Canton Daily Ledger
all 99 news articles »

Mortgage Rates at Record Lows Cheat Borrowers: Chart of the Day
Bloomberg
Less competition among lenders means that, even with record low home-loan rates, US borrowers aren't benefiting as much as they …

Mortgage Modifications: Why 1/3 of Them Are Canceled
Housing Watch
Another 13 out of a 100 borrowers are not eligible for HAMP but will qualify for another type of loan modification and 33 out of 100 borrowers are able to …
65% to 75% of Mortgage Modified Loans Will Go BadNews Around The World Today (blog)
Wells Fargo Represented At Loan Modification Hearing (NYSE: WFC)American Consumer News (blog)
Lender Who Can Stop ForeclosureLoanSafe
Go Banking Rates -Click News (blog) -The News For You (blog)
all 58 news articles »

Common Sense: Fannie Is Right to Be Tough on 'Strategic Defaults'
Wall Street Journal
The government-owned mortgage-finance giant also said it will take legal action to recoup the loan balance against borrowers who "strategically default. …
Reality Check: Fannie Mae & Freddie Mac Go To Zero (FNM, FRE)24/7 Wall St. (blog)
Fannie Mae Plans To Recoup Losses From Those Who Are Strategically DefaultingNuWire Investor
Walk Away From Mortgage? Fannie Mae Will Give You the FreezeHousing Watch
Minnesota Independent -Daily news (blog)
all 67 news articles »

What Wall Street reform means for your mortgage
CNNMoney
This would help prevent borrowers from being locked into expensive loans. While bankers and consumer advocates differ on the bill's impact on mortgage …
What Finance Reform Means for Mortgage PayFINS
Behind On Your Mortgage? Here's A Free Cell Phone!NPR (blog)
Why you need to hunt around for the best mortgage dealThrifty Scot (press release)
Financial Times -Stock Markets Review
all 8 news articles »

This Week in Credit Card News
Forbes (blog)
Mortgage borrowers are often cautioned against charging up credit cards or changing jobs before the closing date on a home loan. …
Personal Financial Knowledge Has Gone up, but Americans Still Aren't Making …PR-CANADA.net (press release)

all 82 news articles »

Managing Your Mortgage the Right Way
Smartmoney.com
If you pay down the mortgage balance so that your loan-to-value ratio is less than 80%, you can eliminate that expense. Borrowers will have to pay for a new …
Mortgage Rate Drop Fails to Lure UK Borrowers: Chart of DayBusinessWeek
Today's Lowest Mortgage Interest Rates – Home Loans for 30 Year Fixed mortgage …Subprime Blogger (blog)
Refinancing might not be the best idea for youmsnbc.com
Daily Mail -HSH Financial Publishers (blog) -Flathead Beacon
all 77 news articles »