Mortgage and Financial News From 2010-5-29 Page 01
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State-run lender ups rates on home mortgages - Independent
GOVERNMENT-controlled building society Irish Nationwide has raised its mortgage rates for new and existing customers. The standard variable rate has gone up by 0.45pc to 3.21pc for new customers with effect from last Friday, a spokeswoman for the ...
2010-05-29 02:31:00 -
Mortgage Lenders Seek Relief on Bad Debt Repurchases ... - BusinessWeek
... documentation are discovered, the Mortgage Bankers Association ... Requests Freddie Mac, based in McLean, Virginia, had $4.8 billion of repurchase requests pending as of March 31, up from $3.8 billion on Dec. 31. Washington-based Fannie Mae
2010-05-27 01:47:00 -
Fix now before mortgages soar - Times Online
Fix now before mortgages soarTimes OnlineCredit Suisse predicted last week that lenders will increase profit margins on mortgages by 1.5 percentage points to 2.5% above the cost of funding over the ...
2010-05-29 07:04:33 -
Short sales are not credit-savers - Minneapolis Star Tribune
Short sales are not credit-saversMinneapolis Star TribuneIn both short sales and foreclosures, "you made a lender eat a big number," said Alex Stenback, a mortgage banker with Residential Mortgage Group in Wayzata ...and more »
2010-05-29 09:17:03 -
Business Newsmakers - SouthCoastToday.com
Business NewsmakersSouthCoastToday.comThey were; National 1st Mortgage Lender of the Year, Rockland Trust Company of Rockland and Small Business Explorer of the Year, Nanmac Corporation of ...
2010-05-29 11:18:06 -
05/30 - Public Records - Bradenton Herald
05/30 - Public RecordsBradenton HeraldHarold T. Walters et al, $444353.94, Fifth Third Mortgage Company et al, 2009-CA-001921, online. Salvador A. Tavares et al, $279820.45, Third Federal ...
2010-05-30 12:06:15 -
Bank of America CEO Brian Moynihan swings through Seattle - Seattle Times
Bank of America CEO Brian Moynihan swings through SeattleSeattle TimesBank of America has modified more than 600000 home loans, more than any other lender and a quarter of all mortgage modifications nationwide, Moynihan said, ...and more »
2010-05-30 12:11:11 -
Refinance Leads - Many Types of Internet Mortgage Leads - Identity Loop
Refinance Leads - Many Types of Internet Mortgage LeadsIdentity Loop... including the home's square footage, lot size, appraised value, APN, date of construction, original lender, equity position, and other pertinent details ...
2010-05-30 12:17:22 -
Silk purses - St. Charles Sun
Silk pursesSt. Charles SunAnother affordability-boosting feature of the program is its zero-interest "soft second mortgage" feature. Participants take out conventional home loans to ...
2010-05-30 12:18:45 -
Applying for mortgage? Starting June 1, you could face another credit screening
If you're thinking about applying for a home mortgage, here's some important news: Beginning June 1, your lender is likely to order a second full credit screening immediately before closing.
2010-05-14 11:00:00 -
Arizona commercial real estate brokers: Some lenders ... - AZCentral.com
The housing market is deep into the process of flushing out its bad mortgage debt. But lenders and borrowers of troubled commercial real-estate loans continue to live a lie. Commercial real-estate brokers have coined a phrase, "extend and pretend ...
2010-05-29 10:41:00 -
Fixed mortgage rates sink to lowest point of year - The Sun News
Interest rates on mortgages have declined for a fifth straight week, with 30-year fixed-rate loans dropping below 5 percent to the lowest level of the year, Freddie Mac said in its weekly survey of lenders. The average rate that lenders were offering ...
2010-05-27 02:15:00 -
Glenn Beck and Co. Cashing in through Scare Tactics - The Market Oracle
Glenn Beck and Co. Cashing in through Scare TacticsThe Market Oracle... forget that it was actually a victim of the real Ponzi scheme; the multi-trillion Ponzi scheme committed by Wall Street banks and mortgage lenders. ...
2010-05-29 11:45:31 -
Reverse Mortgages - Can You Outlive Them? - Stock Markets Review
Reverse Mortgages - Can You Outlive Them?Stock Markets ReviewBut federal research* has discovered that reverse mortgage borrowers pay back their loans within 6 to 7 years – way earlier than anyone had predicted, ...and more »
2010-05-29 12:57:50 -
Tips For Using the Century 21 Real Estate Bank Owned Foreclosure List - Stock Markets Review
Tips For Using the Century 21 Real Estate Bank Owned Foreclosure ListStock Markets ReviewSimon Volkov is a California real estate investor who networks with Century 21 realtors, mortgage brokers, and banks to liquidate bank owned foreclosure ...and more »
2010-05-29 12:58:15