<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Mortgage-industry News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=29&amp;catid=153</link><description>News Feed for - Mortgage-industry</description><item><title>30-year-loan rates match record low</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96534634&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:32:00</pubDate><description>Average rates for 30-year, fixed-rate mortgages fell this week, matching a record low set last spring. Rates are more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday. </description><source>Washington Post</source></item><item><title>Crombie REIT closes $37 million mortgage financing</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96690148&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T19:54:00</pubDate><description>STELLARTON, NS, Nov. 27 /CNW/ - Crombie Real Estate Investment Trust ('Crombie') (TSX: CRR.UN) is pleased to report that it has completed a previously disclosed $37 million mortgage financing with Industrial </description><source>Globe Investor</source></item><item><title>The Nation's Housing: Walking away from a mortgage</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96693397&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:32:00</pubDate><description>Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don't feel guilty about it. Don't think you're doing something morally wrong. That's </description><source>Washington Post</source></item><item><title>Property market: first-time buyers face daunting task</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96691187&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:12:00</pubDate><description>House prices may have fallen, but the deposit required for a home loan has risen. By Nina Montagu-Smith Published: 4:56PM GMT 27 Nov 2009 First-time buyers need to deposit twice as much as was required </description><source>Telegraph</source></item><item><title>The moral dimensions of ditching a mortgage</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96681553&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T17:05:00</pubDate><description>Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don't feel guilty about it. Don't think you're doing something morally wrong. That's </description><source>Washington Post</source></item><item><title>Owner of Closed Mortgage Company Returns to NH</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96590665&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T16:01:00</pubDate><description>A lawyer for the owner of a closed mortgage company being investigated by the state says his client is back in New Hampshire. Company owner Scott Farah, Financial Resources Mortgage and its partners are </description><source>ABC News</source></item><item><title>BRIEF-Abode Mortgage sells mortgage origination business</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96671373&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T15:34:00</pubDate><description>Nov 27 (Reuters) - Abode Mortgage Holdings Corp: * Announces sale of the company's mortgage origination business * Says entered into an agreement in principle with a private Vancouver-based investment </description><source>Forbes.com</source></item><item><title>Real Estate Weekly: Low mortgage rates make home-buying case</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96533361&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T19:04:00</pubDate><description>A good time to buy a home Mortgage rates dropped again this week, with the 30-year fixed-rate mortgage matching its all-time low, according to Freddie Mac's weekly survey. The 30-year fixed-rate mortgage </description><source>MarketWatch</source></item><item><title>Investment Industry Regulatory Organization of Canada - Trade Resumption - Fiber </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96663881&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:47:00</pubDate><description>(CNW Group) Trading resumes in:  SOURCE: Investment Industry Regulatory Organization of Canada (IIROC)...</description><source>Individual.com</source></item><item><title>IIROC: Resume, Abode Mortgage Holdings Corp..</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96513302&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T15:23:00</pubDate><description>FOR FURTHER INFORMATION PLEASE CONTACT: (x) Please note that IIROC is not able to provide any additional information regarding a specific trading halt or resume. Information is limited to general enquiries </description><source>Globe Investor</source></item><item><title>Few mortgage modifications have been made permanent</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96659657&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T12:38:00</pubDate><description>In October 2008, JPMorgan Chase &amp; Co. shaved 25 percent off Rick Mullenâ??s mortgage payment by lowering his interest rate, helping him to stay in his Valencia, Calif., home despite a downturn in his </description><source>Boston Globe</source></item><item><title>Greater protection for borrowers</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96464399&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T06:53:00</pubDate><description>Consumers whose mortgages are sold on to third parties are set to receive greater protection under proposals that have been announced - the Government outlined plans to bring the loans under the scope </description><source>The Move Channel UK</source></item><item><title>Hong Kong's October exports fall 13.1%</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96460627&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T05:53:00</pubDate><description>Hong Kong's exports in October fell 13.1 percent year-on-year to HK$240.8 billion ($31.1 billion), compared with a decline of 8.6 percent in September, statistical authorities said Thursday. Related readings: </description><source>CHINAdaily</source></item><item><title>Taxpayers Take Over Mortgage Risks from Wall Street</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96622933&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T03:50:00</pubDate><description>In what investors are calling a win-win opportunity that benefits struggling homeowners, Wall Street is buying up mortgages from Main Street and reducing the amount Americans owe to the bank. The scheme </description><source>AllGov</source></item><item><title>Home loan opportunity increases</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96616091&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T01:49:00</pubDate><description>Intermediary lender Kensington has resumed new lending with a prime mortgage through Legal &amp; General, Pink Home Loans and Openwork, it has been revealed. The Investec-owned lender once lent to sub-prime </description><source>Only Finance.com</source></item><item><title>Home loan help when you feel the squeeze</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96614387&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T01:28:00</pubDate><description>*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for $150,000 over 25 years, and applies </description><source>Sydney Morning Herald</source></item><item><title>Clydesdale Bank wins mortgage award</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96603783&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T01:49:00</pubDate><description>Clydesdale Bank has been named 'Best Mortgage Lender in Scotland,' for the sixth year running at the prestigious Your Mortgage Awards. Also collecting awards were Clydesdale's parent company, National </description><source>Only Finance.com</source></item><item><title>Mexico's central bank predicts economic growth</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96522986&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:30:00</pubDate><description>Mexico's central bank is holding its benchmark interest rate at 4.5 percent for the fourth consecutive month. The bank has spent much of the year cutting rates to spur growth for the recession-wracked </description><source>Taiwan News Online</source></item><item><title>AMI: increase mortgage market competition</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96658536&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T17:05:00</pubDate><description>The Association of Mortgage Intermediaries (AMI) has called on the Government to introduce a range of measures to increase competition in the mortgage market. The request comes ahead of the Pre-Budget </description><source>Moneyfacts.co.uk</source></item><item><title>Citigroup Inc. (C) Profile &amp; Banking &amp; Mortgages Industry Trends Analysis 2010</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96682799&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T17:18:00</pubDate><description>Published Date: November 2009 Published By: Plunkett Research, Ltd. Page Count: 31 Order Code: R207-613 Description This summary contains complete trends chapters excerpted from Plunkett's Banking and </description><source>Mindbranch</source></item><item><title>Mortgage Solutions preview</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96691087&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:10:00</pubDate><description>Barney McCarthy   Mortgage Solutions        Mortgage Solutions editor Barney McCarthy gives a sneak preview of the latest issue of the magazine.</description><source>Mortgage Solutions</source></item><item><title>Agencies Issue Final Rule for Mortgage Loans Modified Under the Home Affordable </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96674374&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:38:00</pubDate><description>Source: Office of Thrift Supervision The federal bank and thrift regulatory agencies today issued a final rule providing that mortgage loans modified under the U.S. Department of the Treasuryâ??s Home </description><source>Docuticker</source></item><item><title>Judge Wipes Out Couple's Mortgage Debt</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96567748&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T20:13:00</pubDate><description>posted:  55 MINUTES AGO comments: 2 filed under: Law News, National News PRINT|E-MAILMORE Text SizeAAA (Nov. 27) -- A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge </description><source>AOL</source></item><item><title>Treasury pushes ahead with buy-to-let mortgage regulation</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96690231&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T19:59:00</pubDate><description>Permalink: Treasury pushes ahead with buy-to-let mortgage regulation by Gill Montia In new measurers aimed at protecting UK mortgage borrowers, the Treasury has set out its intention to regulate the buy-to-let </description><source>Home Move</source></item><item><title>Insurer's subrogation right under Standard Mortgage Clause must establish no liability </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96686454&amp;Channel_ID=29&amp;Category_ID=153</link><pubDate>2009-11-27T19:13:00</pubDate><description>Related Items Topics Claims Legal Personal/Auto/Homeowners The subrogation right of an insurer under the Standard Mortgage Clause in an insurance policy cannot be exercised simply upon the insurer paying </description><source>Canadian Underwriter</source></item></channel></rss>