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Mortgages News. Service for research professionals. Constantly updated news and information about Banking.
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  • Search around for jumbo mortgages 22 Nov 2009 04:34 GMT
    ... Mortgage rates fell to their lowest rate ever in the Bankrate weekly survey. The average 30-year, fixed-rate mortgage ... 45 basis points in two weeks. Adjustable-rate mortgages were split this week. The one-year adjustable-rate ...

  • Investment Funds Profit Again, This Time by Paring Mortgages 22 Nov 2009 00:14 GMT
    ... But as part of these deals, the mortgages are being refinanced through lenders that work ... when Americans are falling behind on their mortgage payments in record numbers. For instance, a ... $100 million block of mortgages from a bank in distress. Then the fund could arrange ...

  • Investment Funds Profit Anew, This Time Paring Mortgages 22 Nov 2009 00:52 GMT
    ... But as part of these deals, the mortgages are being refinanced through lenders that work ... when Americans are falling behind on their mortgage payments in record numbers. For instance, a ... $100 million block of mortgages from a bank in distress. Then the fund could arrange ...

  • Wall St. Finds Profits Again, Now by Reducing Mortgages 22 Nov 2009 01:51 GMT
    ... But as part of these deals, the mortgages are being refinanced through lenders that work ... when Americans are falling behind on their mortgage payments in record numbers. For instance, a ... $100 million block of mortgages from a bank in distress. Then the fund could arrange ...

  • Oregon's mortgage pain spreads to prime borrowers 22 Nov 2009 04:38 GMT
    ... articles from The Oregonian's Ryan Frank Oregon's mortgage pain spreads to prime borrowers Here's my ... story from today's Oregonian summarizing the Mortgage Bankers Association's third quarter report on Nearly one ... says about 9.4 percent of Oregon's 631,000 mortgages were delinquent or in foreclosure in the ...



  • Finding profit in mortgage mess 22 Nov 2009 05:40 GMT
    ... a way to make money from the mortgage mess. Investment funds are buying billions of ... But as part of these deals, the mortgages are being refinanced through lenders that work ... $100 million block of mortgages from a bank in distress. Then the fund could arrange ...

  • Investment funds find new way to profit off mortgages 22 Nov 2009 06:51 GMT
    ... funds find new way to profit off mortgages As millions of Americans struggle to hold ... a way to make money from the mortgage mess. Investment funds are buying billions of ... $100 million block of mortgages from a bank in distress. Then the fund could arrange ...

  • Georgia sixth in mortgage delinquencies 22 Nov 2009 01:55 GMT
    ... Survey showed that 16 percent of Georgia mortgage-holders were behind on payments, vs. 14 percent ... jobs many were unable to pay their mortgages in a timely manner, if at all. ... were records, a news release from the Bankers Association said. However, the percentage of loans ...

  • Even the good die young? High-quality mortgages approaching foreclosure 22 Nov 2009 06:56 GMT
    ... generally the first to fall. Variable rate mortgages written without documentation for people with sketchy ... it gets pretty hard to pay the mortgage. Fixed rate, high quality mortgages had a ... Jay Brinkman, chief economist with the Mortgage Bankers Association, notes to that if only a ...

  • House owner's bankruptcy may cost family a home 22 Nov 2009 08:16 GMT
    ... a home on contract, say the owner's bankruptcy could cost them their home The tenants ... the home. Repeatedly turned down for a mortgage, Sherry Smith was happy to find someone ...

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  • 13 charged in $19M Central Oregon bank fraud 22 Nov 2009 04:35 GMT
    ... in Desert Sun Development and others with mortgage and loan fraud that cost financial institutions more ... in losses. Developer TylerFitzsimons, several employees, two bankers and two mortgage brokers were among those ...

  • Behind a failed mortgage company 22 Nov 2009 06:51 GMT
    ... years, Richard MacDonald's investments with Financial Resources Mortgage in Meredith seemed like a sure thing. His ... Attorney General's Office, the FBI and state banking and securities regulators are investigating the circumstances ...

  • NH AG seeks bankruptcy for mortgage co. 22 Nov 2009 04:31 GMT
    ... NH AG seeks bankruptcy for mortgage co. CONCORD, N.H. (AP) — The New Hampshire attorney general’s office wants to force a ...

  • Meredith > N.H. attorney general to force mortgage firm's bankruptcy 22 Nov 2009 06:31 GMT
    ... The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy. Financial Resources Management of Meredith closed abruptly Nov. 9, as did two other businesses ...

  • AG seeks bankruptcy for mortgage co. 22 Nov 2009 04:31 GMT
    ... CONCORD (AP) – The New Hampshire attorney general’s office wants to force a mortgage company that closed suddenly into bankruptcy. Financial Resources Management of Meredith closed abruptly Nov. 9 as did two other businesses ...

  • New Hampshire AG seeks bankruptcy for mortgage co. 22 Nov 2009 04:35 GMT
    ... CONCORD, N.H. (AP) - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy. Financial Resources Management of Meredith closed abruptly Nov. 9 as did two other businesses ...

  • Banks here try to staunch red ink 22 Nov 2009 04:37 GMT
    ... Banks here try to staunch red ink The ... financial institutions, suffering from big losses on mortgage-backed securities, derivatives trading, consumer lending and other ...

  • US regional banks grow on the cheap amid crisis 22 Nov 2009 03:50 GMT
    ... YORK (AFP) – The 20-year record high bankruptcy rate for US banks and businesses is ... US state hardest hit by the sub-prime mortgage cisis, has bought two banks in recent weeks. ...

  • Lawyer Says He Warned NH About Mortgage Co. Owner 22 Nov 2009 08:46 GMT
    ... the abrupt closure of a Meredith, N.H., mortgage company, a lawyer says he warned state officials ... The attorney general's office has filed involuntary bankruptcy petitions against Financial Resources Management and C ...

  • Bank bill delayed again 22 Nov 2009 04:30 GMT
    ... Fri Nov 20, 2009 5:59am EST (Pic)-A Bank of America branch is pictured in New ... to crack down on hedge funds, brokerages, mortgage lenders, credit card companies, executive pay, the over-the-counter ...

  • 13 charged with mortgage and loan fraud in Oregon 22 Nov 2009 04:35 GMT
    ... in Eugene has indicted 13 people on mortgage and loan fraud charges arising from the collapse ... officer falsely filed inspection reports with Umpqua Bank certifying that construction was under way. The ...

  • Hedge funds profit, homeowners save 22 Nov 2009 08:45 GMT
    ... a way to make money from the mortgage mess. Investment funds are buying billions of ... But as part of these deals, the mortgages are being refinanced through lenders that work ... $100 million block of mortgages from a bank in distress. Then the fund could arrange ...

  • Fight against foreclosures gaining momentum 22 Nov 2009 06:31 GMT
    ... that could invalidate tens of thousands of mortgage foreclosure sales executed while Warren Evans was ... of a pending plaintiff, Anthony King, the bank gave authority to Trott and Trott to ... buy out the full value of outstanding mortgages, known as ‘toxic assets,’ from the banks,” ...

  • How the FHA Loan has come to rescue ... 22 Nov 2009 05:10 GMT
    ... whole lot of difference how much your mortgage payment is on your loan in Ghana ... has insured more than 34 million home mortgages throughout the US and has helped to ... era of the Great Depression when the banking industry failed, just as we have today. ...

  • Advice for BARP 22 Nov 2009 05:14 GMT
    ... Persons (BARP) to consider purchasing the Barbados Mortgage Finance Company or joining with one of ... in Barbados. The suggestion came from former banker and broadcaster, Tony Marshall, during a panel ... Marshall, during a panel discussion on reverse mortgages, which was held in LT1 of the ...


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