Related Blog Posts
Former Maryland MT Bank employee sentenced for role in mortgage Fraud | ...
1 day ago ago from NationalMortgageProfessional.com | Daily Mortgage Industry News
Subscribe : Username: * Password: * SIGN UP | Forgot Password? Residential Commercial Reverse Originations Compliance Marketing Sales Secondary Servicing Technology Trends Home Former Maryland M&T Bank employee sentenced for role in mortgage Fraud Mon, 2009-12-21 16:22 — NationalMortgag... U.S. District Judge J. Frederick Motz ...
Related contentMore prime mortgages default in 3rd quarter
4 hours ago ago from Randy's Right
http://www.latimes.com/business/la-fi-foreclosures22-2009dec22,0,7969044.story Also: Many homeowners with modified mortgages fall behind again. And the number of homes in foreclosure rises, though new foreclosures are steady, report shows. By Jim Puzzanghera December 22, 2009 Reporting from Washington Troubled home loans continued to mount in the nation's banks in the third quarter as even once-solid borrowers increasingly fell behind ...
Related contentForeclosures and delinquencies still piling up
23 hours ago ago from Government Refinance Assistance
A couple of reports today show that despite green shoots in the economy more and more people are falling behind on their mortgages still. Here is some info from a piece on the subject over at the WSJ online : The U.S. housing market continued to deteriorate in the third quarter as even the most credit-worthy borrowers increasingly fell behind on their mortgages, highlighting the problems policy makers have faced in trying to address the ...
Related contentFor First Quarter Ever: Foreclosures Top One Million
7 hours ago ago from ChattahBox News Blog
(ChattahBox) Foreclosures continue to plague the US housing market in record numbers and even once solid homeowners with pristine credit histories, are falling behind on mortgage payments. According to a report released Monday, by the Office of Thrift Supervision and the Office of the Comptroller of the Currency, the number of homes in foreclosure with mortgages serviced by U.S. national banks and savings and loans exceeded one million, for ...
Related contentDistressed Short Sellers Locked out of FHA Loans
6 hours ago ago from Team Meza News
Short sales are becoming increasingly popular as a means to avoid foreclosure. Even the administration is encouraging both homeowners and servicers to pursue a short sale when loan modifications aren’t a viable optionby offering cash incentives for a short sale transaction under the Making Home Affordable program. But HUD doesn’t look as favorably on short sales for distressed homeowners. HUD has issued a mortgagee letter to lenders and ...
Related contentRelated News
Mortgages Delinquencies Jump; More Than 1 Million Foreclosures in Process
3 hours ago ago from DailyFinance
Americans' mortgage woes continued to get worse in the third quarter. Just 87.2% of U.S. mortgages were current in the third quarter, a decrease of 1.5% from the previous quarter, according to the OCC and OTS Mortgage Metrics Report released Monday. The Office of the Comptroller of the Currency and the Office of Thrift Supervision report covers 34 million loans totaling $6 trillion in principal balances, about 65% of the U.S. mortgage market. ...
Related contentMortgage loan modifications: More banks offering reduction in principal
6 hours ago ago from WalletPop
Many economists have long maintained that the only way for mortgage loan modifications to really work is for banks to reduce the actual principal rather than just the interest payments, which tend to simply prolong the torture for many and increase the amount they owe. Getting most lending institutions to do this has been difficult, if not impossible. This may be starting to change. Best for you to be armed with some key information. A ...
Related contentThe Fate Of A Subprime Loan: Can This Man Hold On To His Mortgage? (VIDEO)
2 hours ago ago from Huffington Post
(Second of two articles about the roots of the subprime lending bubble . ) With the housing boom still in full force in early 2006, Long Beach Mortgage Co., one of the nation's biggest subprime lenders, sent its eager Wall Street investors yet another package containing thousands of new home loans. Among them was a mortgage for a modest, two-bedroom home on a quiet suburban street outside Washington, D.C. - taken out by a borrower who ...
Related contentUS Mortgage Industry Grapples With New Disclosures - FOXBusiness.com
7 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Real Estate Tuesday, December 22, 2009 US Mortgage Industry Grapples With New Disclosures  Reuters  The biggest changes to home loan ...
Related contentRelated Videos
