Fixed mortgage rates keep falling - Los Angeles Times

July 31st, 2010 by admin

Kansas City Star
Fixed mortgage rates keep falling
Los Angeles Times
The borrowers would have paid 0.7% of the loan amounts in upfront fees and points to the lender, Freddie Mac said. The interest rates are the lowest since
US mortgage rates set new lows a 6th straight weekReuters
Mortgage rates hit low of 4.54 percentThe Associated Press
Fifth Third Mortgage Company Refinances $4 Billion in LoansPR Newswire (press release)
UPI.com -Mortgage11 -Wall Street Journal (blog)
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The changes on FHA loans and how they will affect borrowers and sellers - Washington Post

July 31st, 2010 by admin
The changes on FHA loans and how they will affect borrowers and sellers
Washington Post
Borrowers whose loans are manually underwritten would be required to have cash reserves equal to at least one monthly mortgage payment. Borrowers with
Real Estate Corner: New Rules That Apply to Home LoansPrescott eNews
HUD accuses Southlake company of improperly underwriting home loansFort Worth Star Telegram
Increase in FHA Mortgage Insurance Premiums Passes in HouseCQPolitics.com
Relocation.com -FreeRateUpdate.com -HSH Financial Publishers (blog)
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Does Credit Score Have Any Impact On Home Mortgage Refinance? - Mortgage11

July 30th, 2010 by admin

Washington Post
Does Credit Score Have Any Impact On Home Mortgage Refinance?
Mortgage11
As the home value is declining more and more owners are moving to home mortgage refinance loan to overcome their condition. Whatever may be the reason of
Fixed mortgage rates keep fallingLos Angeles Times
US mortgage rates set new lows a 6th straight weekReuters
Mortgage rates hit low of 4.54 percentThe Associated Press
PR Newswire (press release) -UPI.com -FreeRateUpdate.com
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‘Free Stimulus’ via Refinancing, Debate Grows - Wall Street Journal (blog)

July 30th, 2010 by admin

eCreditDaily.com
'Free Stimulus' via Refinancing, Debate Grows
Wall Street Journal (blog)
Mahesh Swaminathan, a senior mortgage strategist at Credit Suisse, says any large-scale refinance program would still face limits because many borrowers
Thanks, HankHuffington Post (blog)
Relaxed & ScrutinizedApartment Finance Today
Fannie Mae says new loan book soundest in a decadeReuters
USA Today -FierceFinance -Bloomberg
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Reverse Mortgages Aren’t Catching On - U.S. News & World Report (blog)

July 30th, 2010 by admin
Reverse Mortgages Aren't Catching On
U.S. News & World Report (blog)
Reverse mortgages allow qualified borrowers (the youngest owner must be at least 62) to tap the equity in their home, pay off their existing mortgage
What to do with a reverse mortgage if you remarryMarketWatch
Reverse mortgages help some seniorsSt. Louis Post-Dispatch
Home mortgage amortization site launched today. Home loan amortization secrets I-Newswire.com (press release)
SeniorJournal.com
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Effects of financial reform law might not be felt for a while - Washington Post

July 30th, 2010 by admin
Effects of financial reform law might not be felt for a while
Washington Post
Another early tangible benefit: a national hotline system that will allow aggrieved mortgage borrowers and others to lodge complaints and alert the bureau

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Mortgage rates hit low of 4.54 percent - The Associated Press

July 29th, 2010 by admin

MiamiHerald.com
Mortgage rates hit low of 4.54 percent
The Associated Press
Either way, borrowers are getting good deals. The last time home loan rates were lower was during the 1950s, when most mortgages lasted just 20 or 25 years.
US mortgage rates set new lows a 6th straight weekReuters
Mortgage rates continue to fall — but qualifying is no picnicLos Angeles Times (blog)
Fifth Third Mortgage Company Refinances $4 Billion in LoansPR Newswire (press release)
UPI.com -The News For You (blog) -Mortgage Rates & Trends (blog)
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Homes keep falling into foreclosure as programs fail to help - McClatchy Washington Bureau

July 29th, 2010 by admin

Digital News Report
Homes keep falling into foreclosure as programs fail to help
McClatchy Washington Bureau
That includes more than a million bank repossessions, and while sub-prime borrowers and bad loans led the surge in foreclosures in 2008 and 2009,
Get Obama's Home Loan Modification Programs UpdatesTMCnet
Treasury says latest mortgage-aid report flawedThe Associated Press
Freddie Mac HAMP Backup ModificationLoanSafe
Mortgageorb -Mortgage11 -Firedoglake (blog)
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Foreclosures boom among nation’s most creditworthy - USA Today

July 29th, 2010 by admin

France24
Foreclosures boom among nation's most creditworthy
USA Today
A strategic default occurs when a borrower stops paying a mortgage they can afford to pay, often because the house's value has fallen below the loan balance
Fannie Mae says new loan book soundest in a decadeReuters
Fannie CEO Describes 'New Realism' For US Mortgage LendingWall Street Journal
Mortgage-Bond Spreads Surpass Lows Reached During Fed Emergency PurchasesBloomberg
Minyanville.com -New York Times (blog) -The Atlantic (blog)
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Popular ‘Zero Down’ Mortgage Program Makes Comeback - Wall Street Journal (blog)

July 29th, 2010 by admin
Popular 'Zero Down' Mortgage Program Makes Comeback
Wall Street Journal (blog)
The legislation makes the USDA's Single-Family Housing Guaranteed Loan Program self-sufficient, the National Association of Realtors reports. Borrowers will
USDA still offering home loans for rural areasAda Herald

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