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Avatar Posted by Mortgages 327 days ago (http://www.quickenloans.com)
Category: Mortgages
The Mortgage Bankers Association announced this morning that applications for mortgage loans increased 32.2 percent last week when compared to the week prior. read more »
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Avatar Posted by Mortgages 327 days ago (http://www.mortgagedaily.com)
Category: Mortgages
Sen. John McCain recently expressed his concern with providing government aid to real estate speculators and predatory lenders. "But I'm also worried about the investor class," he said in a video interview with the Wall Street Journal last month. "If government changes terms of a contract, then what is going to be their motivation in the future to be involved in that kind of investment." read more »
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Avatar Posted by Mortgages 327 days ago (http://www.mortgagedaily.com)
Category: Mortgages
A judgement for $99.0 million in punitive damages was issued against Wachovia Equity Servicing, Residential Funding Co. LLC and Household Finance Corp. III. The jury found the three companies liable for illegal fees collected by a now defunct mortgage broker who sold them the loans. Residential Capital LLC told MortgageDaily.com the company will appeal the verdict. read more »
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Avatar Posted by Mortgages 327 days ago (http://www.mortgagedaily.com)
Category: Mortgages
Fourth quarter residential production was $69 billion, according to operational data released by Countrywide Financial Corp. While quarterly volume was down from the prior period and a year earlier, December originations climbed from November. Delinquency rose from the prior month to around 7.2 percent on Dec. 31, 2007. read more »
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Avatar Posted by Mortgages 327 days ago (http://ep.bankrate.com)
Category: Mortgage Advice
Closing a savings account should barely impact your credit score, says Dr. Don Taylor. read more »
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Avatar Posted by Mortgages 327 days ago (http://ep.bankrate.com)
Category: Mortgage Advice
The holding period of a mutual fund determines the amount of tax, says CPA George Saenz. read more »
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Avatar Posted by Mortgages 327 days ago (http://ep.bankrate.com)
Category: Mortgage Advice
Plan to do some investing in 2008? Here's some tips on how to invest smarter. read more »
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Avatar Posted by admin 328 days ago (http://www.foreclosuredataonline.com)
Category: Mortgage Foreclosures | Tags: Foreclosures
After the bubble burst of the US mortgage market there have been a number of steps taken by the current government to provide relief for the families that had gone through the turmoil of losing their property, their possessions and above all their pride in the system that was never supposed to [...] read more »
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Avatar Posted by Mortgages 328 days ago (http://truthfullending.com)
Category: Mortgage Lenders | Tags: In the Newscountrywidestocksubprime
Shares of the mortgage giant, Countrywide Financial Corp., fell as low as $5.76 today. That’s the lowest price Countrywide shares have commanded since 2000. Countrywide hit pretty hard by the subprime mess; being the largest mortgage lender in the United States, many of their most profitable programs were the more risky types that aren’t being [...] read more »
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Avatar Posted by Mortgages 328 days ago (http://www.mortgagedaily.com)
Category: Mortgages
The U.S. Department of Housing and Urban Development has brought FHA appraiser approval requirements more in line with appraisal approval requirements utilized in conventional lending, according to a Federal Register notice. A final rule on the subject becomes effective on Feb. 7. HUD said its updated and streamlined appraisal reporting procedures and policies, including relaxing requirements on property repairs and inspections, ensure estimated values won't materially differ between FHA loans read more »
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