<?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=54&amp;catid=153</link><description>News Feed for - Mortgage-industry</description><item><title>FNC Blog: Appraisers Working Long-Distance Spells Trouble for Mortgage Industry</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96233167&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T16:21:00</pubDate><description>BusinessWire - A mortgage industry trend that requires appraisers to work in unfamiliar neighborhoods is resulting in serious valuation issues, according to a new blog posted Sunday, Nov. 22. FNC's chief </description><source>Forbes.com</source></item><item><title>Fannie Mae Rentals</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96228304&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T11:08:00</pubDate><description>Homeowners 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 </description><source>Forbes.com</source></item><item><title>Tax benefits of a joint home loan to co-borrowers</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96221073&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T08:37:00</pubDate><description>One of the most attractive features of a housing loan is that it helps in reducing your income tax liability, and thus makes it easier and cheaper to build a fixed asset. A housing loan makes you eligible </description><source>Economictimes</source></item><item><title>Fees and penalties while going for a home loan</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96210244&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T08:37:00</pubDate><description>Here are some costs you have to consider while going in for a home loan: Foreclosure charge Also called prepayment penalty, a lender levies this penalty on the borrower if he decides to repay his loan </description><source>Economictimes</source></item><item><title>Planning to buy dream house? Make your home loan process simple</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96161935&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T08:37:00</pubDate><description>The process of acquiring a home loan is a long one. Here is a step-by-step guide that can help a prospective homebuyer. Formal application The process of acquiring a home loan starts off with an application </description><source>Economictimes</source></item><item><title>Housing, mortgage data leave market cautious</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96219552&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T07:58:00</pubDate><description>Stocks fell three out of five days during the past week, leaving the Dow with a slim weekly gain while broader indexes fell. Reports on mortgage delinquencies and housing starts brought about worries </description><source>Boston Globe</source></item><item><title>Mortgagee squeeze hits regional NZ</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96215815&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T07:05:00</pubDate><description>Mortgagee sales are still on the rise in regional New Zealand. Photo / Brett Phibbs Regional towns across New Zealand are feeling the squeeze as mortgagee sales hit another historic high in September, </description><source>New Zealand Herald</source></item><item><title>Oregon court indicts people on mortgage fraud charges</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96199593&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T03:22:00</pubDate><description>A federal grand jury in Eugene, Oregon has indicted 13 people on mortgage and loan fraud charges. The charges, arising from the collapse of a central Oregon development company, have allegedly caused </description><source>Big News Network</source></item><item><title>Mortgagee price mistake riles ex-owner</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96174276&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T03:38:00</pubDate><description>Janine Wallace is suing the BNZ. Photo / Doug Sherring An Auckland woman claims a real estate agent bought her architecturally acclaimed apartment in a mortgagee tender for $745,000 less than she paid </description><source>New Zealand Herald</source></item><item><title>Mortgage fraud charges spring up in Eugene Oregon</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96200603&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T02:24:00</pubDate><description>A federal grand jury in Eugene, Oregon has indicted 13 people on mortgage and loan fraud charges. The charges, arising from the collapse of a central Oregon development company, have allegedly caused </description><source>Malaysia Sun</source></item><item><title>The dollars and sense of home loans</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96235273&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T16:49:00</pubDate><description>â?¢ Six-month subscription at S$72 ($12/month) â?¢ 24-month subscription at S$204 ($8.5/month)</description><source>Straits Times</source></item><item><title>Pacific First Mortgage Fund write-down</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96230561&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T15:10:00</pubDate><description>Following a review of the assets of the Pacific First Mortgage Fund in conjunction with auditors KPMG, the gross assets have been written down by $449 million for the 12 months to 30 June 2009.  Gross </description><source>Insto</source></item><item><title>Sub-Prime Mortgages: Canada's Dirty Little Secret</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96116240&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T15:49:00</pubDate><description>Canadians observed the sub-prime crises and consequent financial meltdown with morbid fascination, all the while congratulating themselves that it would not happen to them. After all, the laws forbade </description><source>Seeking Alpha</source></item><item><title>House prices 'return to peak in 2014'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96228604&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T11:12:00</pubDate><description>House prices will fall by up to 10% year and won't return to their peak of two years ago until 2014, leading economists say. House prices: Won't return to peak for another four years WANT TO KNOW MORE? </description><source>This Is Money</source></item><item><title>For Oklahoma City bank executive, lending is wonderful life: Family has been in </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96226880&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T10:47:00</pubDate><description>(McClatchy-Tribune Informa) Mark Harry, like George Bailey, worked in his family's mortgage business for years and years -- Bailey for fictional Bailey Bros. Building &amp; Loan in the Christmas classic "It's </description><source>Individual.com</source></item><item><title>LandC Launches One Minute Mortgage Check</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96090607&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T10:56:00</pubDate><description>/24-7PressRelease/ -- Borrowers with interest only mortgages need only answer three questions - the current value of their property, the size of their mortgage and either their current monthly mortgage </description><source>24-7PressRelease.com</source></item><item><title>Timbercreek Mortgage Investment Corporation announces November 2009 dividend for </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96101264&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T08:22:00</pubDate><description>Sponsored by: Toronto Stock Exchange: TMC TORONTO, Nov. 20 /CNW/ - Timbercreek Mortgage Investment Corporation (the 'Fund') is pleased to announce that its board of directors (the 'Board') has declared </description><source>TickerTech.com</source></item><item><title>Borrowers With Interest Only Mortgages Need Only Answer 3 Questions</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96218073&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T07:35:00</pubDate><description>Author: London &amp;amp; Country Mortgages Industry: Financial Borrowers with interest only mortgages need only answer 3 questions â?? the current value of their property, the size of their mortgage and either </description><source>Express Press Release</source></item><item><title>Fifth Third Mortgage Company Helping More Homebuyers With Tax Credit Extension</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96092492&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T07:31:00</pubDate><description>Government's new homebuyer tax credit extended, expanded to include tax credit for repeat home owners CINCINNATI, Nov. 20 /PRNewswire-FirstCall/ -- The federal government's recent extension and expansion </description><source>KOTA Territory News</source></item><item><title>UK Mortgage Lending Rises in October â?? CML</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96214476&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T06:46:00</pubDate><description>According to the latest report published by the Council of Mortgage Lenders (CML) on Thursday, November 19th 2009, gross mortgage lending in October in the United Kingdom increased by 5%. However, the </description><source>E1 BTL Finance</source></item><item><title>Regions bear brunt of surge in mortgagee sales</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96192769&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T05:27:00</pubDate><description>New Zealand's regions are bearing the brunt of mortgagee sales, which have hit another historic high. The number of forced house sales has been rising for most of 2009, but had dropped in August this </description><source>Radio New Zealand</source></item><item><title>J.D. Power: Satisfaction With Primary Mortgage Lenders Declines</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96171378&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T04:50:00</pubDate><description>J.D. Power and Associates reports that satisfaction with primary mortgage lenders declines as time from application to closing increases News Release HousingZone Westlake Village, Calif. â?? The average </description><source>Housing Giants</source></item><item><title>Fannie Mae Announces Deed for Lease Program</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96059844&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T04:49:00</pubDate><description>The new program is designed for borrowers who do not qualify for or have not been able to sustain other loan-workout solutions, such as a modification News Release HousingZone Washington, DC â?? Fannie </description><source>Housing Giants</source></item><item><title>Now The FHA Is Subsidizing Hedge Funds That Flip Mortgages For Easy Profits</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96202711&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T03:05:00</pubDate><description>Here's the latest in the FHA's ongoing parade of horrors.    (In case you missed it, the agency tasked with keeping the housing bubble alive has been undewriting subrpime-quality loans , and helping broke </description><source>Business Insider</source></item><item><title>RT Brokerage Services Calls for an End to Mortgage Underwriters' "Don't Ask, Don't </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96127546&amp;Channel_ID=54&amp;Category_ID=153</link><pubDate>2009-11-22T02:46:00</pubDate><description>SEATTLE, WA -- (Marketwire) -- 11/20/09 -- Advertising buyer commission rebates is central to the discount real estate brokerage's message, but properly accounting for them falls into a gray area. Most </description><source>AEC News Room</source></item></channel></rss>