http://www.congoo.com/feed/newschannelsfeed.aspx?chid=5&catid=153News Feed for - Mortgage-industryhttp://www.congoo.com/news/addstorycomment.aspx?st=96346214&Channel_ID=5&Category_ID=1532009-11-24T00:10:00NEW YORK (Reuters) - Freddie Mac, the U.S. mortgage finance giant, said on Monday it is seeking $595 million in loan payments and other funds hung up after the bankruptcy of lender Taylor, Bean & Whitaker. ABC Newshttp://www.congoo.com/news/addstorycomment.aspx?st=96375938&Channel_ID=5&Category_ID=1532009-11-24T07:42:00Mortgage broker Mortgage Choice Ltd says loan settlements in the first quarter of 2009/10 are above budget and at levels seen before the global financial crisis (GFC). Chief executive Michael Russell The Agehttp://www.congoo.com/news/addstorycomment.aspx?st=96357626&Channel_ID=5&Category_ID=1532009-11-24T01:07:00WASHINGTON (Business Wire) -- The Community Mortgage Lenders of America (CML America) today released a letter (see the attached) to congressional leaders warning that proposals under consideration by Globe Investorhttp://www.congoo.com/news/addstorycomment.aspx?st=96357918&Channel_ID=5&Category_ID=1532009-11-24T01:36:00The aftershocks of the collapse of the U.S. housing market, which was at the epicentre of last year's financial earthquake, are still being felt but the market is slowly recovering. Higher house prices Globe and Mailhttp://www.congoo.com/news/addstorycomment.aspx?st=96349968&Channel_ID=5&Category_ID=1532009-11-24T03:59:00* Trustee sues former executives over missing boxes * Trustee seeks return of laptops, about 40 boxes * Trustee says missing items are property of estate NEW YORK, Nov 23 - The trustee liquidating Thornburg Yahoo! Malaysiahttp://www.congoo.com/news/addstorycomment.aspx?st=96278209&Channel_ID=5&Category_ID=1532009-11-24T03:43:00Business> News & Opinions > Property > Generation Y mortgage holders are capable of repaying their mortgage at an interest rate of at least nine per cent, a mortgage broker survey says. According Yahoo! Xtra Financehttp://www.congoo.com/news/addstorycomment.aspx?st=96354574&Channel_ID=5&Category_ID=1532009-11-24T00:38:00President Obama�s $75 billion mortgage relief plan isn�t working out so well. The plan involves modifying homeowners� mortgages on easier terms to avoid foreclosure. As of Sept. 1, only 1.26 percent Moneynewshttp://www.congoo.com/news/addstorycomment.aspx?st=96346097&Channel_ID=5&Category_ID=1532009-11-24T04:09:00WASHINGTON â?? Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse executive, to its board directors. The government-backed mortgage financier said Plutzik will serve on its Rocky Mount Telegramhttp://www.congoo.com/news/addstorycomment.aspx?st=96358081&Channel_ID=5&Category_ID=1532009-11-24T03:33:00A Davie couple was found guilty on Monday of charges relating to a multimillion-dollar money-laundering scheme involving mortgage fraud. Garry and Yvonne Souffrant, both 33, were alleged to have used South Florida Business Journalhttp://www.congoo.com/news/addstorycomment.aspx?st=96355580&Channel_ID=5&Category_ID=1532009-11-24T00:51:00The development site at 421-431 Kent Avenue and N. Richard Kalikow (site photo source: PropertyShark) Brooklyn developer Isaac Hager is facing litigation after he allegedly took out a $17 million mortgage Real Dealhttp://www.congoo.com/news/addstorycomment.aspx?st=96189090&Channel_ID=5&Category_ID=1532009-11-23T11:26:00As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess. Investment funds are buying billions of dollarsâ?? worth of home loans, discounted CNBChttp://www.congoo.com/news/addstorycomment.aspx?st=96347326&Channel_ID=5&Category_ID=1532009-11-23T23:11:00DALLAS--(Business Wire)-- NexBank, a leading North Texas banking and financial services company, today unveiled a plan to expand its retail and wholesale mortgage divisions to further enhance its developing Reutershttp://www.congoo.com/news/addstorycomment.aspx?st=96344592&Channel_ID=5&Category_ID=1532009-11-23T23:15:00WASHINGTON, Nov. 23 /PRNewswire-USNewswire/ -- Tony West, Assistant Attorney General for the Justice Department's Civil Division, will join U.S. Senator Harry Reid, Nevada Attorney General Catherine Cortez Reutershttp://www.congoo.com/news/addstorycomment.aspx?st=96319161&Channel_ID=5&Category_ID=1532009-11-23T22:50:00The St. Petersburg Times Alexander Belenky / The St. Petersburg Times The village of Novaya Izhora on the outskirts of St. Petersburg, where a square meter costs from 42,000 rubles ($1,450.) MOSCOW â?? St. Petersburg Times Russiahttp://www.congoo.com/news/addstorycomment.aspx?st=96317733&Channel_ID=5&Category_ID=1532009-11-23T15:29:00But it wasn't. It was from a company that wanted to enroll him in a service to pay his mortgage every other week instead of once a month. Basically, you divide your mortgage payment in half and send that ABC Newshttp://www.congoo.com/news/addstorycomment.aspx?st=96183695&Channel_ID=5&Category_ID=1532009-11-23T13:21:00Access to mortgage deals has been squeezed over the last year The average interest charged on a two-year fixed-rate mortgage has fallen below 5% for the first time since June, according to Moneyfacts. BBChttp://www.congoo.com/news/addstorycomment.aspx?st=96297419&Channel_ID=5&Category_ID=1532009-11-23T12:14:00Company: First Trust/FIDAC Mortgage Income Fund (FMY) Diversified, management investment company First Trust/FIDAC Mortgage Income Fund (NYSE:FMY) announced its regular monthly common share distribution Zibbhttp://www.congoo.com/news/addstorycomment.aspx?st=96287419&Channel_ID=5&Category_ID=1532009-11-23T08:17:00Reporting from Washington - That some underwater owners -- whose houses are worth less than what they owe -- are walking away from their homes even though they can still afford to make their mortgage Los Angeles Timeshttp://www.congoo.com/news/addstorycomment.aspx?st=96228304&Channel_ID=5&Category_ID=1532009-11-22T11:08:00Homeowners going through foreclosure can rent their houses through Fannie Mae rather than lose them entirely. The 'deed for lease' program lets homeowners transfer their title to Fannie Mae and sign up Forbes.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96300681&Channel_ID=5&Category_ID=1532009-11-23T22:59:00Two-year fixed-rate mortgage rates have fallen below 5% for the first time since June, thanks to increasing competition among lenders. This has led financial information service Moneyfacts to speculate CashQuestions.comhttp://www.congoo.com/news/addstorycomment.aspx?st=96286643&Channel_ID=5&Category_ID=1532009-11-23T17:07:00Minister of Finance Brian Lenihan said today the Government is seeking to maintain a 'private presence' in the ownership of Irish banks. Speaking at a conference in Dublin this morning, Mr Lenihan the Irish Timeshttp://www.congoo.com/news/addstorycomment.aspx?st=96320629&Channel_ID=5&Category_ID=1532009-11-23T15:57:00Currently, the US Federal Government has produced a stimulus plan for home mortgage refinancing programs. These programs have been designed in order to help people who are about to have their homes foreclosed. The Content Cornerhttp://www.congoo.com/news/addstorycomment.aspx?st=96320619&Channel_ID=5&Category_ID=1532009-11-23T15:56:00For now if you've got a best fixed rate mortgage and are trying to remortgage in the near future then do not simply stick together with your present mortgage or mortgage issuer, search the market to search The Content Cornerhttp://www.congoo.com/news/addstorycomment.aspx?st=96320464&Channel_ID=5&Category_ID=1532009-11-23T15:55:00Brokers, And The Packages - Understanding Your Options Article Search: Finding The Brokers, And The Packages - Understanding Your Options By: For currently if you have a best fixed rate mortgage and are The Content Cornerhttp://www.congoo.com/news/addstorycomment.aspx?st=96318874&Channel_ID=5&Category_ID=1532009-11-23T15:42:00EST Stories Report on Business is following today : Are house prices too rich? The Canadian Association of Accredited Mortgage Professionals holds its national conference and exposition in Toronto today Globe and Mail