Wednesday, June 30, 2010

House approves homebuyer tax credit extension (source: CNN)

The House of Representatives voted Tuesday to give first-time homebuyers three more months to close on their purchases and land an $8,000 federal income tax credit. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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What Wall Street reform means to your mortgage (source: CNN)

Predatory lending would likely become a thing of the past if proposed regulatory reform rules are put into practice. And that may mean that mortgages get more expensive and more difficult to get, lenders warn. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Benchmark Yields Heading Into Double Dip Territory (source: Mortgage News Daily)

Posted To: MBS CommentaryJULY FNCL 4.0 : +06 at 101-15 (101.469) AUGUST FNCL 4.0 : +06 at 101-04 (101.125) Secondary Market Current Coupon : -2.6 bps at 3.804% CC Yield Spreads :+85.1bps/10yTSY. +79.1bps/10yIRS. SPREADS WERE WIDER ALL DAY UST10YR : -7.1bps... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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State lawmakers weigh bills to help homeowners hit by foreclosure (source: Big News Network)

With thousands of Californians facing foreclosure on their underwater mortgages each month, state lawmakers are rushing in with measures to help them cope with their loans and possibly stay in their h... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Extension of Homebuyer Tax Credit Closing Deadline Has New Life (source: Mortgage News Daily)

Posted To: MND NewsWireFrom Pipeline Press: Well. The Tax Extenders Bill, which also contains legislation to extend unemployment benefits for out of work Americans, has been repeatedly voted down by Senators who refuse to add more debt to the budget defici... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Who Is Homeless? How Many Are Homeless? Why Are They Homeless? (source: Mortgage News Daily)

Posted To: MND NewsWireLast week we briefly touched on the release of a report, Opening Doors: Federal Strategic Plan to Prevent and End Homelessness , by the U.S. Interagency Council on Homelessness (USICH), promising to report on it in greater detail at ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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How long can the housing market avoid a crash? (source: The Independent)

A potentially lethal combination of stagnant living standards and declining mortgage approvals is threatening to send the housing market into a precipitous slump. (source: The Independent) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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How long can the UK housing market avoid a crash (source: Big News Network)

A potentially lethal combination of stagnant living standards and declining mortgage approvals is threatening to send the housing market into a precipitous slump. In separate warnings yesterday... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Loan Pricing Today Vs. Loan Pricing Last Wednesday (source: Mortgage News Daily)

Posted To: MBS CommentaryUpon inspection, it looks like loan pricing is more aggressive today than it was last Wednesday. Are my spreadsheets lying to me or is that an accurate observation? If you're seeing the same thing, then rate sheets are probably pre... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Tuesday, June 29, 2010

Homebuyers may get a break (source: Big News Network)

Calvin Williamson of Real Estate Research waits on Tuesday at the San Diego County recorders office, which is expecting a rush Wednesday by first-time homebuyers filing papers. A few homebuyers are ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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The Day Ahead: Global Equity Sell-Off Ahead of Housing Data (source: Mortgage News Daily)

Posted To: MBS CommentaryEquity futures are tracking global stocks sharply lower this morning as investors await key housing price data and results from a consumer confidence survey. The sell-off was prompted by a leading economics indicator for China. The... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Loan Pricing Today Vs. Loan Pricing Last Wednesday (source: Big News Network)

Upon inspection, it looks like loan pricing is more aggressive today than it was last Wednesday. Are my spreadsheets lying to me or is that an accurate observation? If you're seeing the same thin... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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What Wall Street reform means to your mortgage (source: Big News Network)

NEW YORK (CNNMoney.com) -- Predatory lending would likely become a thing of the past if proposed regulatory reform rules are put into practice. And that may mean that mortgages get more expensive and ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Financial Reform's Impact on Mortgage Lenders; Fed MBS Coupon Swaps; Pipelines Still Not Filled; Investor Updates (source: Mortgage News Daily)

Posted To: Pipeline Press"Talk to the wrist because the hand is pissed." That is what one loan broker wrote to me about the recent Financial Reform Bill's impact on mortgage lending. To my untrained eye, it appears that, in the mortgage section, ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Homebuyers consider backing out of deals (source: Big News Network)

Some frustrated homebuyers say they'll look to walk away if they don't complete the purchases by Wednesday, the deadline to qualify for federal tax credits.With the U.S. Senate unable reach an agreeme... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Data Flash: S&P/Case-Shiller Home Price Index +0.8% in April (source: Mortgage News Daily)

Posted To: MBS CommentaryThe April S&P/Case-Shiller Home Price Index has been released. Data was better than expected... APRIL 20-METRO AREA HOME PRICES +0.8 PCT UNADJ (CONSENSUS +0.2) VS -0.5 PCT MARCH - S&P/CASE-SHILLERAPRIL HOME PRICES IN 20 MET... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Home prices up 3.8% in April - but don't celebrate (source: CNN)

Home prices rose 0.8% in April compared with March and were up 3.8% from a year ago, according to the S&P/Case-Shiller Home Price Index of 20 major housing markets. However, prices, are still off 30% from their peak. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Pa., national mortgage rates continue decline (source: Big News Network)

record lows the week of June 22, mortgage rates declined again over the past week, according to mortgage rate website Zillow.com. As of Tuesday, Pennsylvania's average rate on a 30-year, fixed mo... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Beaten-down condos: 'Deals of lifetime' (source: CNN)

For the first time in years there is a glimmer of hope in the condo market. After falling 20% nationwide and 60% or more in the hardest-hit areas, median condo prices remained flat nationally in the first quarter vs. a year earlier. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Mortgage Modification Process Outsourcing Saves Companies Time and Money (source: Big News Network)

SOURCECORP , Incorporated today released its latest white paper, "Creating an Effective Loan Modification Process." This complimentary position paper explains the benefits of outsourcing mortgage loan... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Homebuyers borrow record NIS 4b in month (source: Big News Network)

A continuing rise in home prices and hopes of a fall in prices have not stopped Israeli buyers from rushing to buy apartments. New mortgages totaled a record NIS 4 billion in May 2010, 22% more than t... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Global Equity Sell-Off Ahead of Housing Data (source: Big News Network)

Equity futures are tracking global stocks sharply lower this morning as investors await key housing price data and results from a consumer confidence survey. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
Read More... [Source: business / finance mortgages news stories aggregated by FeedZilla.com]

Beaten-down condos: 'Deals of lifetime' (source: CNN)

For the first time in years there is a glimmer of hope in the condo market. After falling 20% nationwide and 60% or more in the hardest-hit areas, median condo prices remained flat nationally in the first quarter vs. a year earlier. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
Read More... [Source: business / finance mortgages news stories aggregated by FeedZilla.com]

S&P/Case-Shiller Home Price Index +0.8% in April (source: Big News Network)

on if this is for april and people are trying to get in for the tax credit isnt there sentiment that the increase is artificial as some people may have spent 5-10k more to purchase a home that they ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Rate trends and firecrackers (source: Bankrate)

A reader named Cindy asks: "Are mortgage rates predicted to go down next week? What things should I be considering before going ahead?" (source: Bankrate) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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What Wall Street reform means to your mortgage (source: CNN)

Predatory lending would likely become a thing of the past if proposed regulatory reform rules are put into practice. And that may mean that mortgages get more expensive and more difficult to get, lenders warn. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
Read More... [Source: business / finance mortgages news stories aggregated by FeedZilla.com]

Mortgage Rates Improve Again. What Will Move Borrowing Costs in the Week Ahead? (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchMortgage rates hit the lowest levels of a lifetime last week. The most aggressive loan pricing was seen on Wednesday following a string of weaker than expected housing data. While mortgage rates did rise a few basis points on ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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MBS Extend Rally as Benchmarks Approach Long Term Resistance (source: Mortgage News Daily)

Posted To: MBS CommentaryJULY FNCL 4.0 : +15 at 101-09 (101.281) AUGUST FNCL 4.0 : +0-16 at 100-30 (100.938) Secondary Market Current Coupon : -8.1 bps at 3.83% CC Yield Spreads :+80.9bps/10yTSY. +75.4bps/10yIRS. (I adjusted CPRs on 4.0s higher today) UST1... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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New Home Star Enters Austin Housing Market (source: Big News Network)

PRWEB ) June 29, 2010 -- The Austin home building industry is exceptionally well-positioned for recovery. Having effectively managed much of the housing downturn and economic recession, Austin has one... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Oil spill hits housing market, Fitch confirms (source: Big News Network)

Fitch Ratings has confirmed what Floridians already suspected: Homeowners battling high unemployment and decreased home values have a new enemy in the Gulf oil spill. ``Florida already ranks the worst... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Saudi mortgage law could be delayed (source: Big News Network)

Saudi American Bank Group (Samba) has said Saudi Arabia could delay its approval for the kingdom's first mortgage law, Emirates Business has reported. "Despite the heightened anticipation, there are n... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Hong Kong's new mortgages rise 12.7 pct in May (source: Big News Network)

Hong Kong's new mortgage loans in May rose to 28.9 billion HK dollars (3.7 billion U.S. dollars), up 12.7 percent month-on-month from April, while new loans approved increased by 0.1 percent to 37.8 b... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Tax and Insurance Responsibilities of a Reverse Mortgage Borrower (source: Mortgage News Daily)

Posted To: Community CommentaryWhen loan documents are signed at closing, borrowers agree to the terms of the loan. Whether the borrower took out a conventional loan or a Home Equity Conversion Mortgage (HECM), the reverse mortgage insured by HUD, the titl... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Hong Kong's new mortgages rise 12.7 pct in May (source: Big News Network)

Hong Kong's new mortgage loans in May rose to 28.9 billion HK dollars (3.7 billion U.S. dollars), up 12.7 percent month-on-month from April, while new loans approved increased by 0.1 percent to 37.8 b... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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New Penalties To Walk Away From Mortgages (source: Big News Network)

A new crackdown on people who voluntarily walked away from their mortgages could carry stiff penalties.The government- controlled mortgage giant Fannie Mae said it's telling loan officers to ban buyer... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Monday, June 28, 2010

Mortgages Can Help, Rather Than Hinder, Finances (source: Big News Network)

a common question is whether to pay it off as quickly as possible. The answer depends on each person's financial situation. A mortgage can actually be a blessing to some. For example, mortgage... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Reprices For Better Due From Early Session Loan Pricers (source: Mortgage News Daily)

Posted To: MBS CommentaryDid you notice how aggressively lenders were priced this morning? A few rate sheets were over 50 bps better on 4.625, 4.50, and 4.375% notes! While more than one of the major secondary marketing desks decided to release a portion o... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Homebuyers consider backing out of deals without tax credit (source: Big News Network)

Some frustrated homebuyers say they'll look to walk away if they don't complete the purchases by Wednesday, the deadline to qualify for federal tax credits. With the (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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New Penalties To Walk Away From Mortgages (source: Big News Network)

A new crackdown on people who voluntarily walked away from their mortgages could carry stiff penalties.The government- controlled mortgage giant Fannie Mae said it's telling loan officers to ban buyer... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Tax and Insurance Responsibilities of a Reverse Mortgage Borrower (source: Mortgage News Daily)

Posted To: Community CommentaryWhen loan documents are signed at closing, borrowers agree to the terms of the loan. Whether the borrower took out a conventional loan or a Home Equity Conversion Mortgage (HECM), the reverse mortgage insured by HUD, the titl... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage Rates Improve Again. What Will Move Borrowing Costs in the Week Ahead (source: Big News Network)

Mortgage rates hit the lowest levels of a lifetime last week. The most aggressive loan pricing was seen on Wednesday following a string of weaker than expected housing data. While mortgage rates did r... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Tax and Insurance Responsibilities of a Reverse Mortgage Borrower (source: Big News Network)

channel is to provide analysis and perspective on events affecting the mortgage and housing industry from members of our community that work in the marketplace on a daily basis. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Homebuyer Tax Credit Closing Deadline Looms; Why Borrowers Can't Refinance; Advice From an Appraiser; Lenders Who Buy 203(K) Product (source: Mortgage News Daily)

Posted To: Pipeline PressSay what you want about current housing market conditions and the U.S. being eliminated from World Cup play, there is definitely a certain portion of mortgage bankers who are downright optimistic - and it's good to see. "I nee... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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BMO lowers mortgage rates (source: Big News Network)

OTTAWA — The Bank of Montreal has lowered mortgage rates in line with other major Canadian banks.A statement on the bank's website lists its changes to homebuyer lending rates, including a 10-basis ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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The Week Ahead: Housing Prices, Pending Home Sales, Employment Situation Report, ISM Manufacturing (source: Mortgage News Daily)

Posted To: MBS CommentaryEquity futures are trading higher after G20 leaders pledged to cut government deficits and decided to drop a 2012 deadline for banks to adopt more stringent risk-provisioning rules. READ MORE Stocks moved lower last week, the S&... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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NAR Admits to Initiating Bush's Mortgage Bailout Plan (source: E Finance Directory)

In a press release last week, the National Association of Realtors' own president applauded Bush's FHA mortgage bailout proposal, admitting that the Association has been pushing for this bailout since early 2007. If the NAR continues to have its way, taxpa... (source: E Finance Directory) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Fed Adjusts Plan to Conclude Mortgage-Bond Purchases (source: Big News Network)

June 28 (Bloomberg) -- The Federal Reserve Bank of New York will begin using “a limited amount” of so-called coupon swaps as it seeks to wrap up purchases of mortgage-backed securities, re... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Oil spills into troubled mortgages (source: Big News Network)

is warning that the Deepwater Horizon oil spill in the Gulf of Mexico may intensify problems for troubled Florida mortgage borrowers. Struggling homeowners in the state will have limited ability to f... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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ICICI Bank sees 20 pct rise in FY11 home loan demand (source: Big News Network)

MUMBAI, June 25 - ICICI Bank expects home loan demand at India's second-largest lender to rise 20 percent in the financial year that began in April, chief executive of the bank'... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Reverse mortgages now a less-costly lifeline (source: Big News Network)

CHICAGO (MarketWatch) -- Upfront fees on reverse mortgages have fallen substantially in recent months, giving homeowners interested in this product a new challenge: how to best compare offers to find ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Homes meet the market in the middle (source: Big News Network)

Sterling Lake homes start in the $140,000s, with eight floor plans that range from 1,546 to 2,964 square feet. The homes can be built with one or two stories, three to six bedrooms and up to two and... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Sunday, June 27, 2010

What do all the numbers mean (source: Big News Network)

You are anxious to get the keys to your new home, and it appears you may be at the title company for hours.You are in awe of the "mile high" stack of paperwork I discussed in last week's column. The t... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Mortgage Rates Swoon to Record Lows (source: Big News Network)

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates slumped to record lows this week, Freddie Mac confirmed, with lenders on average offering 4.69% on a 30-year fixed-rate loan. The average rate on the ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Tax might unhinge fragile housing market (source: Big News Network)

Mike Miller understands the theory behind the introduction of the harmonized sales tax.Under more ideal economic circumstances, he might even support it.But Miller, a builder of high-end homes in Vict... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Legal patchwork means gays pay more for less (source: Big News Network)

NEW YORK — After Judy Weatherly lost her job as a director at a mental health clinic, the price she and her spouse, Nancy Burke, had to pay for health insurance skyrocketed. Married in Califo... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Low Mortgage Rates Not Enough to Lure Potential Home Buyers (source: Big News Network)

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrower... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Legal patchwork means gays pay more for less (source: Big News Network)

NEW YORK — After Judy Weatherly lost her job as a director at a mental health clinic, the price she and her spouse, Nancy Burke, had to pay for health insurance skyrocketed. Married in Califo... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Tax might unhinge fragile housing market (source: Big News Network)

Mike Miller understands the theory behind the introduction of the harmonized sales tax.Under more ideal economic circumstances, he might even support it.But Miller, a builder of high-end homes in Vict... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Low Mortgage Rates Not Enough to Lure Potential Home Buyers (source: Big News Network)

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrower... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage Rates Swoon to Record Lows (source: Big News Network)

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates slumped to record lows this week, Freddie Mac confirmed, with lenders on average offering 4.69% on a 30-year fixed-rate loan. The average rate on the ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Australian banks to face action over unfair mortgage exit fees (source: Big News Network)

Australian banks which charge unfair mortgage exit fees face a crackdown from the Australian Securities and Investments Commission (ASIC), the Australian treasurer announced on Sunday.From July 1, ASI... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Greater protection for sale-and-rent-back homeowners (source: The Independent)

People who choose to enter into sale-and-rent-back property arrangements will find that they have greater protection under new Financial Service Authority rules. (source: The Independent) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Forget about mortgage debt - become a happy renter instead (source: The Independent)

George Osborne's recent pledge to dismantle the Financial Services Authority and hand greater powers to the Bank of England could be the final nail in the coffin for the nation's first-time buyers. (source: The Independent) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Cheap mortgages slash cost of running a home (source: Big News Network)

Sun 27 Jun 2010 LONDON (SHARECAST) - Homeowners have seen the cost of running a house tumble by 6% since 2008, or 9% allowing for inflation, thanks to rock bottom interest rates. It was, o... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Australian banks to face action over unfair mortgage exit fees (source: Big News Network)

Australian banks which charge unfair mortgage exit fees face a crackdown from the Australian Securities and Investments Commission (ASIC), the Australian treasurer announced on Sunday.From July 1, ASI... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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412Fixed.com Offers A Low APR of 4.12% Fixed Rate Mortgage (source: Big News Network)

RP Funding, a discount direct mortgage lender based in Orlando, Fl, launched a new campaign to educate Central Florida Homeowners about the incredibly low interest rates available – currently an... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Forget about mortgage debt - become a happy renter instead (source: The Independent)

George Osborne's recent pledge to dismantle the Financial Services Authority and hand greater powers to the Bank of England could be the final nail in the coffin for the nation's first-time buyers. (source: The Independent) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Greater protection for sale-and-rent-back homeowners (source: The Independent)

People who choose to enter into sale-and-rent-back property arrangements will find that they have greater protection under new Financial Service Authority rules. (source: The Independent) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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MORTGAGES / Historic lows for rates - but who's buying (source: Big News Network)

Mortgages are cheaper today than they've been in a half-century. If only most people had the job security, the credit score and the cash to qualify. The average rate for a 30-year fixed loan sank to... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage rates continue to drop (source: Big News Network)

RICK THOMAS/Press Though mortgage rates are at their lowest in decades, many still find it difficult to qualify for a loan to buy a home, even with ample short sales and bank-owned properties on the m... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Saturday, June 26, 2010

Homeowner defends escaping mortgage (source: Big News Network)

Cash-strapped, jobless and denied a loan modification, Del Phillips faced the same straits as millions of homeowners who risk losing their homes to mortgage lenders. Some have struggled unsuccessfu... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Lenders Reprice For The Better. Rates At Record Lows Again. (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchMortgage rates were priced at the most aggressive levels of our era on Wednesday following a steady stream of disappointing housing data that sent stock indexes lower. Rates did back up a few basis points yesterday for what se... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Freddie Mac's Portfolio Shrinks in May. Delinquency Rate Flat (source: Mortgage News Daily)

Posted To: MND NewsWireFreddie Mac's total mortgage portfolio shrunk by $7.53 billion or 4.0 percent during the month of May, resuming the decline that began in January. Despite a 3 percent upward blip in April, the portfolio has dropped 2.9 percent since ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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The housing head fake, part 362 (source: CNN)

The housing market took a big step back in the month of May. There's no disputing that. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Task Force Crackdown on Miami Mortgage Fraud (source: Big News Network)

As one of the precipitating factors for the Great Recession of 2008, federal, state and local authorities have attempted to slam the door shut on the reckless mortgage practices of the past decade. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Lock Desks Cushion Loan Pricing As Secondary Sorts Through Commitments (source: Mortgage News Daily)

Posted To: MBS CommentaryDon't be surprised if secondary marketing is a little under the weather today. You will likely experience modest delays as lock desks are now sorting through the mess of new locks that entered the pipeline yesterday. Comments from ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Canada Mortgage and Housing Corporation (source: Big News Network)

Lee Richardson, Member of Parliament for Calgary Centre, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and H... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Paulson's Passion FORECLOSURES Really Which Country? Kucinich

November 14, 2008 Kucinich (D-OH) Cummings (D-MD) OPENING STATEMENT Issa (R-CA) Domestic Committee meeting with Kashkari Treasury Department Use of Government Assistance Funds Neel Kashkari
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The Phantom MBS Coupon: Lenders Battle a Lack of Liquidity (source: Mortgage News Daily)

Posted To: MBS CommentaryJULY FNCL 4.0 : +12 at 100-26 (100.813) AUGUST FNCL 4.0 : +0-12 at 100-16 (100.500) Secondary Market Current Coupon : -0.3 bps at 3.911% CC Yield Spreads :+80.1bps/10yTSY. +73.4bps/10yIRS. WIDER ON THE WEEK UST10YR : +2.6bps at 3.1... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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More banks cut mortgage rates (source: Big News Network)

OTTAWA — Bank of Nova Scotia, CIBC and National Bank are the latest Canadian banks to lower fixed mortgage rates, matching the average 0.10 percentage point cut by Royal Bank of Canada and TD Canada... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Lenders Reprice For The Better. Rates At Record Lows Again. (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchMortgage rates were priced at the most aggressive levels of our era on Wednesday following a steady stream of disappointing housing data that sent stock indexes lower. Rates did back up a few basis points yesterday for what se... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
Read More... [Source: business / finance mortgages news stories aggregated by FeedZilla.com]

The Phantom MBS Coupon: Lenders Battle a Lack of Liquidity (source: Mortgage News Daily)

Posted To: MBS CommentaryJULY FNCL 4.0 : +12 at 100-26 (100.813) AUGUST FNCL 4.0 : +0-12 at 100-16 (100.500) Secondary Market Current Coupon : -0.3 bps at 3.911% CC Yield Spreads :+80.1bps/10yTSY. +73.4bps/10yIRS. WIDER ON THE WEEK UST10YR : +2.6bps at 3.1... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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FBI Mortgage Minute: Foreclosure Scams

These con artists convince desperate homeowners that they can save a house from foreclosure if the homeowner deeds the property to them and pays an exorbitant fee up front. More at: portland.fbi.gov
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200,000 could lose out on homebuyer tax credit (source: CNN)

Nearly 200,000 homebuyers could lose out on the $8,000 tax credit because they can't get deals done by the June 30 deadline. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Scamming the system for $8,000 tax credits (source: CNN)

Some homebuyers are angling to claim the $8,000 tax credit even though they missed the deadline. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage-Related Litigation Reaches 3-Year High (source: Big News Network)

").join(""); a = a.split("~").join(""); a = a.split(";").join(""); a = a.split(" ").join("+"); return a; } //CONFIGURATION VARIABLES hbx.acct="DM54123108FF;DM541219LOAB&... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Mortgage rates fall to lowest level on record (source: Big News Network)

Record-low mortgage rates may spur home sales, but some say the dip isn't enough to make a significant impact. And homeowners could benefit with refinancing. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Task Force Crackdown on Miami Mortgage Fraud (source: Big News Network)

As one of the precipitating factors for the Great Recession of 2008, federal, state and local authorities have attempted to slam the door shut on the reckless mortgage practices of the past decade. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
Read More... [Source: business / finance mortgages news stories aggregated by FeedZilla.com]