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OC Coastal Properties Real Estate News >> MORTGAGE INDUSTRY November 08, 2009 members login here
>>  MORTGAGE INDUSTRY
Mortgage 'paid in full' but left in lurch
Chicago Tribune - 25 Minutes ago
I've been in the mortgage business for many years. I learned a long time ago not to rely on these small, middle level title agencies. We use only major title companies (such as CT&T) for our refinance
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On the House: Good, bad of reverse mortgages
Philadelphia Inquirer - 5 Hours ago
A few weeks back, I wrote about a National Consumer Law Center study reporting that some of the same people who sold subprime loans now sell reverse mortgages. Even so, there are people 62 or older who
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National City branches becoming PNC this weekend
TradingMarkets - 9 Hours ago
(Pittsburgh Post-Gazette - McClatchy-Tribune Information Services via COMTEX) -- NCC | Quote | Chart | News | PowerRating -- As PNC Financial Services Group converts about 80 National City branches in
National City branch conversion begins: Merger brings new opportunities Biz Journals
National City Mortgage to adopt PNC name Individual.com
all 9 news articles >>      Add Comment

Self-employed among those who will suffer from withdrawal of self-cert mortgages,
The Scotsman - 13 Hours ago
THE last major lender to offer 'self-certified' mortgages pulled out of the market last week, leaving four million self-employed facing a potential home-loan crisis, along with millions more casual and
Self-employed among those who will suffer from withdrawal of self-cert mortgages, The Scotsman
all 1 news articles >>      Add Comment

Freddie Mac loses $6.3 billion, avoids request for aid for 2nd-straight quarter
EZ Rock - 6 Hours ago
WASHINGTON - Freddie Mac's losses narrowed to US$6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion. The McLean, Virginia-based
Freddie Mac posts $5 billion loss Upstatetoday.com
Freddie Mac loses $6.3 billion in Q3 Kuwait Times
all 48 news articles >>      Add Comment

James Overstreet: Mortgage Crisis II looming?
Individual.com - 37 Minutes ago
The bear lurking $@ in the market continues to be the mortgage crisis -- and it's poised to attack again. Defaulting subprime mortgages mauled the economy in 2008, triggering the economic meltdown. Less
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Up to the eyeballs in mortgagee sales
Nelson Mail - 80 Minutes ago
mortgagee sales have come before the courts with unfortunate borrowers claiming they've been left up to their eyeballs in debt because the lender didn't get the best price. But time and again the courts
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Mortgagee rulings twist the knife
Nelson Mail - 81 Minutes ago
Up to the eyeballs in mortgagee sales Up to the eyeballs Relevant offers Former homeowners left with heavy debts after mortgagee sales are turning to the courts, complaining that lenders didn't get the
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Over 100 Indicted for Mortgage Fraud in Florida
Credit Union Times - 2 Hours ago
Over 100 individuals representing many different facets of the mortgage and real estate industries have been indicted for their roles in different mortgage frauds by the U.S. Attorney for the Middle District
105 indicted for Florida mortgage fraud CUNA News Now
all 1 news articles >>      Add Comment

Mortgage rates are cut again
This Is Money - 3 Hours ago
Mortgage hunters can be happier after a number of lenders cut the cost of borrowing last week, despite the Bank of England base rate staying unchanged. Great news: rates have been cut despite the Bank
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UK Mortgage Lenders Become More Tolerant Towards Low Deposits
E1 BTL Finance - 4 Hours ago
The latest overview of the British mortgage market revealed that most UK banks and building societies are starting to offer new deals for mortgage borrowers with low deposits. However, the increasing
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U.S. Treasury rejects Fannie Mae tax-credit sale
MarketWatch via Yahoo! - 4 Hours ago
SAN FRANCISCO (MarketWatch) -- The U.S. Treasury has blocked the proposed sale of low-income housing tax credits held by embattled mortgage lender Fannie Mae because officials have determined that the
Treasury Rejects Sale of Fannie Tax Credits TheStreet.com
all 1 news articles >>      Add Comment

Ask the Experts: Pay Off Mortgage or Invest?
AARP Bulletin Today - 9 Hours ago
Share Article Bookmark Article Do you want to bookmark â??â?? E-mail to a friend Your E-mail: Your Name: To: (Separate multiple addresses with commas) Message: (Maximum length: 1,000 characters) CC me
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PSU banks prefer special home loans over deposits
Central Chronicle - 9 Hours ago
State Bank of India and other public sector lenders have extended their special schemes offering home loans at discounted rates even as they slashed returns on fixed deposits. Private sector banks have,
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Fannie Mae seeks claims worth $15.8b from Lehman
Financial Chronicle - 9 Hours ago
Tags: Fannie Mae, Lehman Brothers, Banking Battered mortgage lender Fannie Mae has sought claims to the tune of USD 15.8 billion from bankrupt Lehman Brothers, mainly related to derivatives contracts.
Fannie Mae seeks claims worth $15.8 bn from Lehman Times of India
Fannie Mae seeks $15.8bn claim from Lehman Times of India
all 8 news articles >>      Add Comment

The FSA fails to understand the mortgage market
Mortgage Strategy - 13 Hours ago
The Financial Services Authorityâ??s Mortgage Market Review was published yesterday and although you are not at risk of getting autism from this MMR there will be a significant amount of consumer detriment
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Nationwide Real House Price Index now up 7 consecutive months
Mortgage Strategy - 13 Hours ago
Nationwideâ??s â??Realâ? House price Index increased by 0.9% in September, almost the same as Augustâ??s 1.0% rise. The seasonally adjusted figure for September was very similar at + 0.9%, leaving the
Nationwideâ??s 'real' house price index recorded an increase of 1.6% in June Mortgage Strategy
all 1 news articles >>      Add Comment

No Documentation Verification Mortgages Still Available!
PRLog - 14 Hours ago
The previous year and a half or so has seen a massive chain of events happen in the New Jersey conforming loan industry with the fall of hundreds if not thousands of loan companies and the elimination
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Fannie Mae to rent out homes instead foreclosing
Augusta Chronicle - 2 Hours ago
WASHINGTON - Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday. The government-controlled company,
Assistance From Fannie and Freddie Programs for Foreclosed Homes MyContentBuilder
Fannie Mae to rent out homes instead of foreclosing Ledger-Enquirer
all 10 news articles >>      Add Comment

Mortgage rates again dip below 5%
Journal-Gazette - 3 Hours ago
WASHINGTON Rates for 30-year home loans dipped below 5 percent last week after rising for three straight weeks. The average rate fell to 4.98 percent from 5.03 percent a week earlier, mortgage company
Long-term mortgage rates below 5% again Triad Business Journal
30-year fixed-rate mortgages dip below 5% again WPHL-TV
all 34 news articles >>      Add Comment

Commercial mortgage lending down 54%
Triad Business Journal - 8 Hours ago
Commercial and multifamily mortgage lending in the U.S. fell 12 percent from the second quarter to the third quarter and is down 54 percent from year ago levels, according to the Mortgage Bankers Association.
Commercial mortgage lending drops 54% Houston Business Journal
U.S. commercial mortgage lending down 54% Denver Business Journal
all 2 news articles >>      Add Comment

Make Your Home More Energy Efficient, and Get a Better Mortgage.
PR Newswire - 9 Hours ago
Buy a more Energy Efficient home, and get a better mortgage. FORT COLLINS, Colo., Nov. 5 /PRNewswire/ -- The Bank of Colorado is pleased to announce the launch of the Colorado ENERGY STAR® Mortgage Pilot
New guidelines for making heritage homes energy-efficient ABC Online
Research Report on Energy-Efficient Home Renovations Market AZoBuild
all 3 news articles >>      Add Comment

Artesian Resources Corporation Reports Third Quarter 2009 Results
PR Newswire - 9 Hours ago
NEWARK, Del., Nov. 5 /PRNewswire-FirstCall/ -- (Nasdaq: ) Artesian Resources Corporation (Artesian) today announced that revenue through the third quarter of 2009 was $45.4 million, up from $41.8 million
Southwest Gas trims third-quarter losses TradingMarkets
CBS Corporation Reports Third Quarter 2009 Results Financials.com
all 15 news articles >>      Add Comment

Administration Rejects Plan to Buy Fannie Mae Credits
CNBC - 23 Hours ago
The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers. â??It
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Digest: Goldman blocked from buying Fannie Mae assets
Washington Post - 11/7/2009
The Obama administration on Friday denied Goldman Sachs's offer to buy millions of dollars in assets from struggling mortgage finance giant Fannie Mae. The offer was not a good deal for taxpayers, according
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