Home Mortgage News

ABC News

Borrowers in foreclosure prevention plan losing mortgage aid Washington Post ... but we are using every tool available to us to help prevent foreclosures whenever possible," Mike Heid, co-president of Wells Fargo Home Mortgage, ... Wells Fargo Surpasses Half Million Modification Mark and Continues to Expand ...MarketWatch (press release) Home Loan Modifications increased to 45 percent for February 2010Best Syndication Wells Fargo (NYSE: WFC) Boosts Loan Modifications 41 Percent In FebruaryAmerican Banking News Chicago Tribune -Los Angeles Times -CNNMoney.com all 333 news articles »

The Guardian

Home Mortgage Loan Rates – JP Morgan Chase Refinance Rates Mixed Subprime Blogger (blog) Home mortgage loan rates have been low for well over a year now. With the Federal Reserve Bank purchasing mortgage-backed securities thet 30 year fixed-rate ... GMAC Mortgage Low Interest Rate On Refinancing Your Home Mortgage LoanRed, White, and Blue Press (blog) Is this a good time to lock in or refinance your mortgage?BigNews.biz (press release) Home Mortgage Applications Edged Higher Last Week, Despite Interest Rate UptickONN.tv MonitorBankRates.com -Red, White, and Blue Press (blog) -Red, White, and Blue Press (blog) all 353 news articles »

New York Times (blog)

Some tax issues to consider on mortgage write-downs Washington Post However, under legislation that took effect in 2007, certain home mortgage debt cancellations -- such as through loan modifications, short sales or ... Avoiding capital gains taxes on a rental foreclosureBankrate.com all 397 news articles »

The Money Times

Reality Check for Bank Investors, Mortgage Investors and Home Buyers Huffington Post (blog) ... the largest source of money for US home loans, could lapse or be exhausted. Lax regulation of Fannie Mae and Freddie Mac led to the mortgage companies ... Dollars & Sense: Re-financing Your HomeKHON2 Fannie and Freddie's Future: What Will Barney Frank Do?Wall Street Journal (blog) Fannie Mae Sells Largest Benchmark Issue in 11 MonthsBusinessWeek Red, White, and Blue Press (blog) -New York Times -UPI.com all 285 news articles »

Finance and Commerce

Mortgage foreclosure sales increasingly delayed as federal program offers ... Finance and Commerce At the same time, Blascziek's adjustable-rate mortgage on his home inched up, pushing his house payments from about $1500 a month to about $1800 a month, ... Government urges short sales, but experts aren't sure they will helpMiamiHerald.com Obama plan creates short sale incentives next monthNewsday (subscription) (press release) Many ideas, but no single answer on stopping spread of negative home equityBelleville News Democrat Orlando Sentinel -LoanSafe -BestCashCow.com (blog) all 20 news articles »

The Guardian

UK home loans fall by half in January The Associated Press LONDON — The value of home mortgage advances in January fell by half from December, when there was a late rush to complete deals before a tax break ended at ... Fears grow that new mortgage drought could hit house pricesTimes Online Mortgage lending slumps by halfThe Press Association Nine out of 10 home owners not remortgagingTelegraph.co.uk Financial Times -UK Express -Mirror.co.uk all 122 news articles »

Guidelines for new short-sale rules Washington Post -- Sellers must be unqualified for a loan modification under the Home Affordable Mortgage Program or be unable to afford the modification. ... Ask a real estate pro: What happens when the appraisal comes in too low?Sun-Sentinel all 3 news articles »

WNCT

Expenses incurred buying a house can be a risk Washington Post When buying a home, you have an obligation to learn about it. You should familiarize yourself with the neighborhood, and you should have the home checked ... Industry Urges House Lawmakers to Reform FHAHousing Wire FHA waives rule against house flippingBankrate.com Gov't official warns on home down payment hikesThe Associated Press Baltimore Sun (blog) -24/7 Wall St. (blog) -Reverse Mortgage Daily all 145 news articles »

New York Daily News

Bank of America: Polly wants a lawyer Boston Globe ... who even though she had not defaulted on her mortgage payments, returned home one day in October to find the bank had mistakenly sent someone to turn ... Woman loses parrot, has house ransacked by Bank of America in mortgage ...New York Daily News Bank of America Apologized for Accidentally Repossessing HomeABC News Bank Sorry for Taking ParrotWall Street Journal BestCashCow.com (blog) -Avvo -Independent all 348 news articles »

New York Times

Even High-Score Borrowers at Risk of Mortgage Default New York Times ... University of Chicago — found that when the mortgage exceeds the home's value by less than 10 percent, homeowners rarely consider a strategic default. ... and more »

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