Saturday, July 31, 2010

USDA Rural Housing Bill Passes; Low-Income Rental Legislation Advances (source: Mortgage News Daily)

Posted To: MND NewsWireOne government housing program that had run out of funds months ago was revived by Congress yesterday, and another bill targeted at low-income rental housing moved a step closer to approval. The Senate yesterday passed HR 4899 to ree... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Citigroup, SEC settle sub-prime mortgage exposure charges for $75 million (source: Big News Network)

alleged [complaint, PDF] that Citigroup "repeatedly made misleading statements about the extent of its holdings of assets backed by sub-prime in earnings calls and public filings." Citigroup represent... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Dull inflation history predicts future of mortgages (source: Big News Network)

Academic debates about history and economics send most people to sleep very quickly. But what if you could be more confident about fixing or floating your mortgage by knowing who would win these debat... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage lender refuses remortgage application because the road's busy and there's a restaurant next door (source: Big News Network)

Mortgage lenders are becoming so strict with their criteria that they are denying loans to customers despite having previously agreed loans on their properties. In one case, a couple were denied a mor... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Reverse Mortgages Aren't Catching On (source: Big News Network)

The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disc... (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]

Foreclosures a blight on market (source: Big News Network)

DAVID ROEDER Business Reporter/droeder@suntimes.com That house down the street that just went into foreclosure wasn't just bad for your neighbor. It's gnawing at the value of your own home. Sales fi... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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14.7 Million Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired (source: Big News Network)

BP plans to claim almost $10 billion in U.S. tax credit as a direct result of the Gulf oil spill, in accordance of the U.S. tax code. To me, somewhere, somehow, something is not quite right about this... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Dull inflation history predicts future of mortgages (source: Big News Network)

Academic debates about history and economics send most people to sleep very quickly. But what if you could be more confident about fixing or floating your mortgage by knowing who would win these debat... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Inherited townhouse causes sibling divide (source: Big News Network)

Q My sister and I inherited a town home when our father died last year. A Realtor has estimated the current value to be about $160,000, with no mortgage on the property. The will stated that we each g... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Citigroup To Pay $75 Million Penalty Over Misleading Investors On Subprime Mortgages (source: Big News Network)

C ) will pay $75 million to settle regulatory charges that it failed to disclose some $40 billion in subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission announced Thurs... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Reverse Mortgages Aren't Catching On (source: Big News Network)

The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disc... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Barclays Cuts Rates on its 80 Percent Loan to Value Mortgages and Introduces 'Drop Lock' Facility (source: Big News Network)

Barclays is reducing rates on its Woolwich mortgages (80 per cent LTV) by up to 0.21 percentage points from Thursday 29th July and at the same time introducing a drop lock facility for all new mortgag... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Receive $50,000 to build a new home (source: Big News Network)

The Ottumwa Neighborhood Stabilization Program helps middle income families overcome financial hurdles by offering up to $50,000 to build your dream home. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Bulls tiptoe into homebuilder stocks (source: CNN)

It takes a lot of courage to be a bull on homebuilder stocks these days. They exist, for sure. And they aren't on mind-bending drugs. In fact, they see the world much as the housing stock bears do. You won't find any uplifting messages in their reports on ... (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Evolving Loan Officer Agreements: Mandatory Reserves and Good File Delivery (source: Mortgage News Daily)

Posted To: The Garrett Watts ReportAfter visiting over 100 shops in the past 3 years, we haven't really seen anything “new under the sun” in terms of loan officer agreements. Sometimes I think all contractual documents used by mortgage bankers ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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New Century ex-leaders to pay $90 million in settlements (source: Big News Network)

New Century Financial Corp. agreed to pay more than $90 million to settle all civil claims in a series of federal and private lawsuits stemming from the collapse of the Irvine subprime lender in the e... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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MORTGAGE RATES: Best Lock/Float Advice MND Can Offer (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchI think it's safe to say that, consistently for the last 30 to 45 days, at least one lender (regional, major, or independent) has offered below market "record low" mortgage rates. Investor demand is consistently heal... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Home Bancshares Buys Two Lenders as Failures This Year Hit 108 (source: Big News Network)

July 31 (Bloomberg) -- Home Bancshares Inc., the Arkansas bank with $3 billion in assets, purchased two seized lenders and regulators closed three others as this year's failures climbed to 108. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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I need a mortgage loan - now what (source: Big News Network)

Saturday, July 24, 2010 3:09 AM CDT no more registration [include_if_registration:includes/login_reg/seestory.inc:includes/login_reg/excerpt-notloggedin.inc] --> (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Signs of continuing softening in Calgary housing market (source: Big News Network)

CALGARY - Preliminary unofficial MLS data shows Calgary's housing market continued to soften in July with sales plunging from year-ago levels and the average sale price falling from the previous mon... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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MORTGAGE RATES: Best Lock/Float Advice MND Can Offer (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchI think it's safe to say that, consistently for the last 30 to 45 days, at least one lender (regional, major, or independent) has offered below market "record low" mortgage rates. Investor demand is consistently heal... (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]

Best Lock/Float Advice MND Can Offer (source: Big News Network)

I think it's safe to say that, consistently for the last 30 to 45 days, at least one lender (regional, major, or independent) has offered below market "record low" mortgage rates. In... (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]

USDA Rural Housing Bill Passes; Low-Income Rental Legislation Advances (source: Mortgage News Daily)

Posted To: MND NewsWireOne government housing program that had run out of funds months ago was revived by Congress yesterday, and another bill targeted at low-income rental housing moved a step closer to approval. The Senate yesterday passed HR 4899 to ree... (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]

Friday, July 30, 2010

Mortgage Rates Hit Low of 4.54% (source: Big News Network)

(AP) Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy a home or refinance at this time is lost because of the tough economy a... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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FDIC Securitizes Mortgages From Failed Banks (source: Big News Network)

The Federal Deposit Insurance Corp. said Friday it sold securities backed by $471.3 million of performing single-family mortgages originated by 16 failed banks. The FDIC pilot program marks the first ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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MBS Lower and Wider. Reprices Reported. Buyers Lurking (source: Mortgage News Daily)

Posted To: MBS CommentaryRate sheet influential mortgage-backs are experiencing some localized weakness as stocks rally and swaps spreads widen. Nominally, yield spreads have been wider all morning but price levels were still pushing new records because Tr... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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MBS Lower and Wider. Reprices Reported. Buyers Lurking (source: Mortgage News Daily)

Posted To: MBS CommentaryRate sheet influential mortgage-backs are experiencing some localized weakness as stocks rally and swaps spreads widen. Nominally, yield spreads have been wider all morning but price levels were still pushing new records because Tr... (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]

Bulls tiptoe into homebuilder stocks (source: CNN)

It takes a lot of courage to be a bull on homebuilder stocks these days. They exist, for sure. And they aren't on mind-bending drugs. In fact, they see the world much as the housing stock bears do. You won't find any uplifting messages in their reports on ... (source: CNN) - 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]

Evolving Loan Officer Agreements: Mandatory Reserves and Good File Delivery (source: Mortgage News Daily)

Posted To: The Garrett Watts ReportAfter visiting over 100 shops in the past 3 years, we haven't really seen anything “new under the sun” in terms of loan officer agreements. Sometimes I think all contractual documents used by mortgage bankers ... (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]

Mandatory Reserves and Good File Delivery (source: Big News Network)

After visiting over 100 shops in the past 3 years, we haven't really seen anything “new under the sun” in terms of loan officer agreements. Sometimes I think all contractual documents ... (source: Big News Network) - 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]

Foreclosures climb in 75% of metro areas (source: CNN)

Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Don't Bet On It (source: Big News Network)

The economy is so bad, I bought a toaster oven and my free gift with purchase was a bank...If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you... (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]

Reverse Mortgages Aren't Catching On (source: Big News Network)

The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disc... (source: Big News Network) - 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]

Rapid Refinance Program: Don't Bet On It (source: Mortgage News Daily)

Posted To: Pipeline PressThe economy is so bad, I bought a toaster oven and my free gift with purchase was a bank...If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them...Angelina Jolie adopt... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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VA Streamline Refinance Could Help Military Members Lower Their Mortgage Payment (source: Big News Network)

VA loans . The VA streamline refinance, also known as an interest rate reduction loan (IRRRL), is one of the best ways for active and former military members to lower their monthly mortgage expenses.... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Q2 GDP, Consumer Sentiment, Stocks Testing Support (source: Big News Network)

A busy day awaits the markets as investors get their first look at second-quarter GDP. Also in the store is the influential Chicago Business Barometer which gives an update on how the economy is recov... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Homebuyers search fee to be abolished (source: Big News Network)

property is being abolished, the government has announced.The fixed fee is charged for a personal search of a council's local land charges register, but it is a cost homebuyers should no longer have t... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage rate dip gives rise to refinance talk (source: Big News Network)

After record low mortgage rates, local banks and mortgage lenders say they've seen a boom in people looking to refinance, similar to a boom a year ago. (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Treasury Auctions Done. Bonds Cautiously Resilient as Stocks Repeat History (source: Mortgage News Daily)

Posted To: MBS CommentaryTreasury just sold $29 billion 7s to a group of uninterested buyers... Auction demand as measured by the bid to cover ratio was below average. 2.78 bids were submitted for every 1 accepted by Treasury. Compare that to the ten aucti... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions (source: Mortgage News Daily)

Posted To: MND NewsWireIn the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beginning to present the broad outline... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Are HECM Regulators Acting Unethically Toward the Reverse Mortgage Program? (source: Mortgage News Daily)

Posted To: Community CommentaryI recently spoke on two interesting panels at the American Conference Institute's two day symposium on Reverse Mortgages. The conference was held at the famed Helmsley Park Lane Hotel in the heart of Manhattan. The conference... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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What to do with a reverse mortgage if you remarry (source: Big News Network)

WASHINGTON (MarketWatch) -- Question: I have a friend who took out a reverse mortgage with his wife. His wife passed away and he has since remarried. What happens to his new wife -- or more specifical... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Foreclosures continue to hurt housing market (source: Big News Network)

Two new reports paint a challenging picture of the housing market during the coming year, with ongoing foreclosures likely to continue to weigh on the market. The research firm RealtyTrac said Thursd... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Mortgage Rates Hit Low of 4.54% (source: Big News Network)

(AP) Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy a home or refinance at this time is lost because of the tough economy a... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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30-year mortgages average 4.54 percent (source: Big News Network)

U.S. mortgage rates fell again in the past week, with the average rate on 30-year and 15-year fixed-rate mortgages furthering record lows, according to Freddie Mac's weekly survey released Thursday. ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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House prices slow after returning to 2006 levels (source: The Independent)

House prices are now back at the levels seen in the summer of 2006 after rising further in June, according to Land Registry figures yesterday. (source: The Independent) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Thursday, July 29, 2010

Are HECM Regulators Acting Unethically Toward the Reverse Mortgage Program? (source: Mortgage News Daily)

Posted To: Community CommentaryI recently spoke on two interesting panels at the American Conference Institute's two day symposium on Reverse Mortgages. The conference was held at the famed Helmsley Park Lane Hotel in the heart of Manhattan. The conference... (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]

Local homeowners unable to take advantage of low mortgage rates (source: Big News Network)

-- Fixed mortgage rates fall to record lows and that could be good news for potential homebuyers or those looking to refinance. NewsChannel 5 sat down with Sanjiv Das, the Chief Executive Officer o... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Treasury Auctions Done. Bonds Cautiously Resilient as Stocks Repeat History (source: Mortgage News Daily)

Posted To: MBS CommentaryTreasury just sold $29 billion 7s to a group of uninterested buyers... Auction demand as measured by the bid to cover ratio was below average. 2.78 bids were submitted for every 1 accepted by Treasury. Compare that to the ten aucti... (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]

Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions (source: Mortgage News Daily)

Posted To: MND NewsWireIn the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beginning to present the broad outline... (source: Mortgage News Daily) - 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]

Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency; (source: Mortgage News Daily)

Posted To: Pipeline PressOn a non-mortgage note, my son asked me, "At what age is it ok to tell a highway that it is adopted? At some point the highway will realize that it doesn't look like the Kiwanis's Club." I would have told him to "kee... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Mortgage rates hit low of 4.54 percent (source: Big News Network)

(07-29) 13:09 PDT NEW YORK, (AP) -- Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy a home or refinance at this time is lost ... (source: Big News Network) - 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]

Florida mortgage firm settles federal charges (source: Big News Network)

WASHINGTON ? Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those ch... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions (source: Big News Network)

In the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beg... (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]

30-Year Mortgage Rate Hits New Record Low (source: Big News Network)

Fixed U.S. mortgage rates set record lows last week for the sixth straight week, keeping affordability high for borrowers who can get loans, home funding company (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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For sale: Dennis Hopper's compound (source: CNN)

The "Easy Rider" left us earlier this year. Now his stunning Venice, Calif., compound is on the market - for $6.25 million. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency; (source: Mortgage News Daily)

Posted To: Pipeline PressOn a non-mortgage note, my son asked me, "At what age is it ok to tell a highway that it is adopted? At some point the highway will realize that it doesn't look like the Kiwanis's Club." I would have told him to "kee... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage Rates Hit Low of 4.54 Percent (source: Big News Network)

In this photograph taken July 26, 2010, new townhouses for sale are shown in Beaverton, Ore. Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Vacancy Rate Near Historic High. America Has a ''Home Problem'' (source: Mortgage News Daily)

Posted To: MND NewsWireAs we have pointed out over the last few weeks , America has a homelessness problem; over a million individuals and families are temporarily or chronically homeless. While the statistics don't fully address this aspect, there is at l... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Are HECM Regulators Acting Unethically Toward the Reverse Mortgage Program (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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Triangle foreclosures, delinquent mortgages rise (source: Big News Network)

The Raleigh-Cary and Durham-Chapel Hill metropolitan areas saw their foreclosure and delinquent-mortgage rates continue to rise in June. The latest (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Machinery used to barricade house (source: Big News Network)

Dermot Ivers and his sister Alison have barricaded themselves into the house they grew up in at Rory O'Connor Place, Arklow, Co Wicklow. Photograph: Garry O'Neill (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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House prices slow after returning to 2006 levels (source: The Independent)

House prices are now back at the levels seen in the summer of 2006 after rising further in June, according to Land Registry figures yesterday. (source: The Independent) - 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]

Rise of the renting class (source: CNN)

Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the... (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Can Mortgage Rates Go Any Lower? (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchWell, here we are on "hump day" and mortgage rates are still detached from the price fluctuations of the secondary mortgage market. Instead, the ups and downs of consumer borrowing costs continue to be driven primari... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage Applications Fall 4.4 Percent Last Week (source: Big News Network)

Record low rates should revive the housing market, but will banks make loans? Applications for home loans fell last week despite the lowest mortgage rates in decades. The Mortgage Bankers Associat... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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FHA Ready to Reduce Seller Concessions. HUD Invites Industry Comment Before Implementation (source: Mortgage News Daily)

Posted To: MND NewsWireHUD is preparing to implement a few new policies that will no doubt affect your pipeline/loan application process. Last week, HUD and the FHA invited public comment on three of those policy changes, which are part of FHA's strategy t... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Is There Life After the Mortgage Business? (source: Mortgage News Daily)

Posted To: The Garrett Watts ReportWe all know the mortgage business can be extremely profitable at times. We also know it can be disastrous at other times. Regulators and law makers have created an environment that makes us feel like a pin ball, bouncing ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Housing: Wall Street 1; Cleveland 0 (source: CNN)

The City of Cleveland's long-standing battle to pin its housing woes on Wall Street may have finally gone bust. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Foreclosures climb in 75% of metro areas (source: CNN)

Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Thousands of Rural Home Buyers Aided by Passage of Housing Funding Measure (source: Big News Network)

WASHINGTON, DC--(Marketwire - July 28, 2010) - The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its ... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Beige Book: Mixed Reads on Economy. Housing Market Definitely ''Sluggish'' (source: Mortgage News Daily)

Posted To: MND NewsWireThe Federal Reserve has released the Beige Book The Beige Book is a compilation of anecdotal information and data on current economic conditions across the country. The findings are NOT THE VIEWS OF FEDERAL RESERVE OFFICIALS ...inste... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Can Mortgage Rates Go Any Lower? (source: Mortgage News Daily)

Posted To: Mortgage Rate WatchWell, here we are on "hump day" and mortgage rates are still detached from the price fluctuations of the secondary mortgage market. Instead, the ups and downs of consumer borrowing costs continue to be driven primari... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Treasury says latest mortgage-aid report flawed (source: Big News Network)

The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their l... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Wednesday, July 28, 2010

Is There Life After the Mortgage Business? (source: Mortgage News Daily)

Posted To: The Garrett Watts ReportWe all know the mortgage business can be extremely profitable at times. We also know it can be disastrous at other times. Regulators and law makers have created an environment that makes us feel like a pin ball, bouncing ... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Machinery used to barricade house (source: Big News Network)

Dermot Ivers and his sister Alison have barricaded themselves into the house they grew up in at Rory O'Connor Place, Arklow, Co Wicklow. Photograph: Garry O'Neill (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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FHA Ready to Reduce Seller Concessions. HUD Invites Industry Comment Before Implementation (source: Mortgage News Daily)

Posted To: MND NewsWireHUD is preparing to implement a few new policies that will no doubt affect your pipeline/loan application process. Last week, HUD and the FHA invited public comment on three of those policy changes, which are part of FHA's strategy t... (source: Mortgage News Daily) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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LendingTree's Weekly Mortgage Rate Pulse Reports Rates Remain Stable at Record-Lows (source: Big News Network)

Weekly Mortgage Rate Pulse , a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On July 27, lenders on the LendingTree network offered (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Advice for the reluctant landlord (source: CNN)

With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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For sale: Dennis Hopper's compound (source: CNN)

The "Easy Rider" left us earlier this year. Now his stunning Venice, Calif., compound is on the market - for $6.25 million. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Housing: Wall Street 1; Cleveland 0 (source: CNN)

The City of Cleveland's long-standing battle to pin its housing woes on Wall Street may have finally gone bust. (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Advice for the reluctant landlord (source: CNN)

With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000. (source: CNN) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Rise of the renting class (source: CNN)

Modern America has long paired the "America Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the... (source: CNN) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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Mortgage brokers to be fingerprinted and registered (source: Big News Network)

WASHINGTON (Reuters) – Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Fed... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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Mortgage-Bond Spreads Surpass Lows Reached During Fed Buying (source: Big News Network)

July 28 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates reached record lows relative to 10-year Treasuries, as investors search for higher retur... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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June foreclosures, delinquencies increase in midstate (source: Big News Network)

June foreclosures and delinquencies of housing mortgages have increased in Central Pennsylvania's markets since the same month last year, according to CoreLogic, a California-based business-data ana... (source: Big News Network) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
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