* You are viewing the archive for May, 2008
|
Home mortgage'reset' shock to hit suburbs
Minneapolis Star Tribune, MN - The numbers in the Fed study, supplied by First American LoanPerformance, encompass most — but not all — subprime mortgages, note authors Grover and … |
More: continued here
 iBerkshires.com |
Mortgage firms face grading by state
Boston Globe, United States - Massachusetts will publicly grade state-licensed mortgage companies on their efforts to help borrowers who can't afford their mortgage payments, … Mass. to judge mortgage companies on loan help Mortgage lenders face stricter rules Patrick Orders Closer Look at Response to Struggling Borrowers |
More: continued here
|
Italian mortgage lenders limit aggressive practices - Fitch
Forbes, NY - In recent months, Italian mortgage underwriting practices have become more conservative in the wake of the credit crisis, Fitch said in a report. … Fitch Affirms Accredited's RMBS Primary Servicer Rating at 'RPS3 … |
More: continued here
 RTT News |
Mortgage loan workouts reach record in April
Reuters - NEW YORK (Reuters) - A record 183000 US homeowners avoided foreclosure in April through mortgage loan workouts, bringing the total to 1.6 million at-risk … Workshop in Arlington aims to help homeowners Housing rescue on the rise; so are foreclosures HOPE Now: 183000 Homeowners Receive Workouts in April |
More: continued here
|
Lone Star units snag Bear Stearns mortgage company
Reuters - N: Quote, Profile, Research) mortgage company following the sale of the ill-fated investment bank, according to a Lone Star spokesman. … |
More: continued here
|
Homeowners Pay More With Mortgage Brokers, Study Says
San Jose Mercury News, USA - By Barbara E. Hernandez A study of closing costs says that mortgage brokers charge more than lenders and African-American and Latino communities often pay … |
More: continued here
|
Banking gloom: mortgage payments rise again
Telegraph.co.uk, United Kingdom - By James Kirkup, Political Correspondent Mortgage payments will rise to their highest in more than a decade as a gloomy economic outlook squeezes the … |
More: continued here
 Reuters |
Countrywide spent $249000 lobbying in 1Q
Forbes, NY - AP 05.30.08, 10:40 AM ET Mortgage lender Countrywide Financial Corp. spent $249000 in the first quarter to lobby on regulations and legislation affecting … Countrywide shareholder vote set for BofA deal BofA picks insider to run mortgage business Bank of America decides not to retain Countrywide's No. 2 executive |
More: continued here
|
Quarter of borrowers relying on windfall to pay off mortgage
guardian.co.uk, UK - Nearly one in four homeowners are relying on inheritance to pay off their mortgage, figures out today revealed. The survey of more than 2000 people, … Brits put life on hold for inheritance which may never come |
More: continued here
|
Mortgage rates highest in 2 months
San Jose Mercury News, USA - By Sue McAllister Interest rates for long-term mortgages rose this week to their highest levels since March, pushed up by the threat of inflation. … Hawaii mortgage rates jump on Fed worries Mortgage rates rise, topping 6% Rates on 30-year mortgages jump to 11-week high |
More: continued here