2007 October | Mortgage Advice Guide

CMG Mortgage Insurance IFR affirmed at 'AA' with stable outlook … - CNNMoney.com

October 31, 2007 | No Comments »

CMG Mortgage Insurance IFR affirmed at 'AA' with stable outlook …
CNNMoney.com -16 hours ago
Given the current negative outlook on the mortgage insurance industry, the ratings agency said it will be closely monitoring delinquency and loss …
Niche industry feels housing crisisSan Jose Mercury News
Fitch Affirms CMG Mortgage Insurance's IFS at 'AA'; Outlook StableBusiness Wire (press release)
Fitch Affirms PMI's IFS Rtg, Downgrades Debt Rtgs & Revises …Business Wire (press release)
CNNMoney.com
all 17 news articles

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Mortgage Woes Push UBS to Its First Loss in 5 Years - New York Times

October 31, 2007 | No Comments »

Turkish Press

Mortgage Woes Push UBS to Its First Loss in 5 Years
New York Times, United States -19 hours ago
UBS reported that it had $16.8 billion invested directly in residential mortgage-backed securities and $20.2 billion worth of supersenior securities, …
UBS warns of further losses at investment armTelegraph.co.uk
UBS' Mortgage OopsForbes
Swiss bank UBS plunges to Q3 loss after US subprime crisisAFP
Southport Visiter - Guardian Unlimited
all 186 news articles

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New Jersey announces plan to target mortgage woes - Newsday

October 31, 2007 | No Comments »

New Jersey announces plan to target mortgage woes
Newsday, NY -8 hours ago
TRENTON, NJ - State officials on Wednesday announced a new foreclosure prevention effort to help thousands of New Jersey borrowers facing mortgage problems. …

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Mortgage Coalition Plans Outreach Effort - Houston Chronicle

October 31, 2007 | No Comments »

Mortgage Coalition Plans Outreach Effort
Houston Chronicle, United States -4 hours ago
2007 AP WASHINGTON — A new mortgage industry coalition aimed at helping homeowners avoid foreclosure said Wednesday it plans to send more than 200000 …
Tsy's Paulson: Mortgage Firms Must Help At-Risk BorrowersCNNMoney.com
Paulson: Homeowners Need More HelpThe Associated Press
UPDATE 1-US Treasury, loan servicers to target borrowersReuters
Chicago Sun-Times - Forbes
all 63 news articles

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Mortgage application volume rises - BusinessWeek

October 31, 2007 | No Comments »

Mortgage application volume rises
BusinessWeek -14 hours ago
Mortgage application volume increased 3.8 percent during the week ending Oct. 26, according to the Mortgage Bankers Association's weekly application survey. …
Ahead of the Bell: Mortgage ApplicationsBusinessWeek
Refinance applications up 9.2% last week: MBAMarketWatch
Refinancings hit highest level since MarchInman.com (subscription)
Originator Times - Reuters.uk
all 25 news articles

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Mortgage 101 Posted By : Kathy Shin

October 31, 2007 | No Comments »

Once an unadorned chore that intended comparing the permanent preassemble figure mortgages of a dozen or so officers, the mortgage explore now existence is more like discovery your way through a maze. There are dozens of trust natures, hundreds of trust programs and thousands of mortgage agents, sharers, officers, finance companies, trust unions, even sell agent age firms originating trusts.

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Refinancing Ones Fears Posted By : John Smith Jr.

October 31, 2007 | No Comments »

Refinancing a current mortgage is pretty tricky, especially if one is not certain if the rates index you have is updated or not. Due to the consequences of wrong refinancing, most people are scared of even thinking about it, while others try to toughen up their spirits and dare to walk the hot coals barefoot. But the truth is that mortgage refinancing does not have to be so difficult.

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