Better Mortgage Rate News
Yesterday: 2010-03-10
The latest mortgage articles are presented below, with older discoveries located in the mortgage news archive.
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Mortgage Rates Escape Three Treasury Auctions Unharmed - MortgageNewsDaily.com
The strong auction turnout helped reverse selling and allowed both 10 year yields and the FN 4.5 MBS coupon to return to flat on the day. AQ covered the results oon the MBS Commentary blog. Reports from fellow mortgage professionals indicate lender ...
2010-03-11 05:03:00 -
Goldman Deal-Maker Now Advocates Regulation - Herald Tribune
For 18 years, Gary G. Gensler worked on Wall Street, striking merger deals at the venerable Goldman Sachs. Then in the late 1990s, he moved to the Treasury Department, joining a Washington establishment that celebrated the power of markets and fought ...
2010-03-11 04:55:00 -
Community living: Why the reserves are important - Orlando Sentinel
If inflation reaches high rates, then your income from such a mortgage may not match the increase of inflation. About once a week I receive a question on reverse mortgages — but they are usually in relation to rising association fees or a special ...
2010-03-11 06:50:00 -
Reverse Mortgages Get Special Attention from Federal ... - MortgageNewsDaily.com
The Financial Crimes Enforcement Network (FinCEN), an arm of the Treasury which generally tracks drug money and terrorist funding has now apparently added Home Equity Conversion Mortgage (HECM) fraud to their efforts. In a recent Miami Herald article ...
2010-03-11 08:59:00 -
Is the IRS the Most Trustworthy Agency in the Country ... - Findlaw.com
As the United States moves on after the recent suicide bombing attack on an IRS office building in Austin, Texas (which I discussed in my most recent FindLaw column ), it is an appropriate moment to think about the role that the IRS and its employees ...
2010-03-11 11:00:00 -
Report Details How Lehman Hid Its Woes as It Collapsed - New York Times
The report, compiled by an examiner for the bank, now bankrupt, hit Wall Street with a thud late Thursday. The 158-year-old company, it concluded, died from multiple causes. Among them were bad mortgage holdings and, less directly, demands by rivals ...
2010-03-11 11:00:00 -
It Only Cost $31000? Really? - Huffington Post (blog)
It Only Cost $31000? Really?Huffington Post (blog)Could I get Mr. Corker to allow bankruptcy judges to rewrite mortgages, as they have asked? Or perhaps a spare billion or so to avert the financial crisis ...and more »
2010-03-10 08:11:26 -
Former Quicken spokesman starts own mortgage company - Oakland Press
Former Quicken spokesman starts own mortgage companyOakland PressHall also said his new Birmingham-based firm will provide expertise, counsel and guidance through FHA loans, reverse mortgages, modifications, ...and more »
2010-03-10 10:03:54 -
Ex-Goldman Banker Urges Regulation - New York Times (blog)
Ex-Goldman Banker Urges RegulationNew York Times (blog)The problem was elsewhere, like subprime mortgages, he says, and those areas should be the focus of any new regulation. Public statements from the ...and more »
2010-03-11 01:28:16 -
Business Briefs - Honolulu Star-Bulletin
Business BriefsHonolulu Star-BulletinMetLife also continues to offer reverse mortgages in Hawaii through its MetLife (insurance) and New England Financial brands, he said. ...and more »
2010-03-11 05:41:00 -
BROWN v. NATIONSCREDIT FINANCIAL SERVICES CORPORATION - Leagle.com
BROWN v. NATIONSCREDIT FINANCIAL SERVICES CORPORATIONLeagle.comThe complaint alleged that Appellants obtained mortgages with Appellees in 1994, 1996, and 1998, and that they bought single premium credit insurance (SPCI) ...
2010-03-11 06:00:29 -
BANK v. U.S. - Leagle.com
BANK v. U.S.Leagle.comHowever, RFC served a niche market as a "conduit" specializing in wholesale originations of jumbo mortgages for resale as "private-label" mortgage-backed ...and more »
2010-03-11 06:06:35 -
First Edition: March 11, 2010 - News-Medical.net
First Edition: March 11, 2010News-Medical.netKHN Column -- Public Reverse Mortgages And Long-Term Care: Can They Work Together? In his latest Kaiser Health News column, Howard Gleckman writes: "Here's ...and more »
2010-03-11 06:33:51 -
Former GNMA CEO: Where is AARP? - Reverse Mortgage Daily
Former GNMA CEO: Where is AARP?Reverse Mortgage DailyFormer Ginnie Mae Chief Executive Officer wrote an article in response to the Financial Crimes Enforcement Network's decision to track reverse mortgage ...
2010-03-11 03:57:44 -
Why the reserves are important - Orlando Sentinel
Why the reserves are importantOrlando SentinelQ: I live in an adult community and would like to obtain a reverse mortgage. I have had a difficult time getting information on this type mortgage. ...
2010-03-11 06:54:36