Diane Alter – AHN News Reporter New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low. On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the [...]
Posts Tagged ‘Mortgage’
Mortgage rates fall to new lows
January 13th, 2012 
davidguide 
Posted in Real Estate Loans 
Tags: 30 year fixed mortgages, AHN, fixed mortgage rates, freddie mac, housing, housing market, lows, market crisis, Mortgage, News, news reporter, Percent, record 
Comments OffMortgage rates fall to historic lows once again
December 24th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – How low can they go? That is the question many people are asking after the average rate on 30-year fixed mortgages hit new lows again for the week ending Dec. 22. The average rate on 30-year fixed mortgages fell to a record [...]
Posted in Bad Credit Loans Tags: 30 year fixed mortgages, AHN, average mortgage, freddie mac, home, Loan, lows, Mortgage, mortgage rates, News, news reporter, Percent, year fixed mortgage Comments OffFixed mortgage rates stay low
December 12th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The average rate on the 30-year fixed mortgage stayed near its record low for the sixth consecutive week. But, the historically low rates have done little to goose the ailing housing market. On Thursday, mortgage giant Freddie Mac said the rate on [...]
Posted in Real Estate Loans Tags: 30 year fixed mortgage, AHN, fixed mortgage rates, home, housing, Mortgage, national bureau of economic research, new homes sales, News, news reporter, nine weeks, Percent, year fixed mortgage Comments OffFannie Mae says it needs $7.8 billion in U.S. aid
November 10th, 2011 davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – First Freddie, now Fannie. Fannie Mae, the Washington based mortgage finance company, reported a wider loss in the third quarter on Tuesday and said it needs $7.8 billion more in U.S. assistance. Fannie posted a net loss of $5.1 billion in the third [...]
Posted in Real Estate Loans Tags: AHN, assistance, d c united, fannie mae, finance company, freddie mac, government aid, home, housing, loss, Mortgage, mortgage delinquencies, mortgage finance Comments OffNew fed rules to aid more underwater homeowners
October 25th, 2011 davidguide Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Monday morning the Federal Housing Finance Agency announced new rules that will allow many more “underwater” homeowners, those who owe more than their properties are worth, to refinance at current historical low mortgage rates. Up to a million borrowers are expected to take [...]
Posted in Real Estate Loans Tags: AHN, dc united, depressed economy, economy, fannie mae, fannie mae and freddie mac, Finance, housing, housing finance agency, low mortgage, Mortgage, news reporter, Percent Comments OffAllstate Insurance files lawsuit against Goldman Sachs over $100 million mortgage securities
August 16th, 2011 davidguide Vittorio Hernandez – AHN News Manhattan, NY, United States (AHN) – Allstate Insurance filed a lawsuit with the New York state Supreme Court on Monday against Goldman Sachs Group over $100 million worth of residential mortgage-backed securities. The insurer said that Goldman considered the securities junk. Goldman Sachs is not the first company sued by [...]
HUD helps American homeowners with mortgage problems through $1 billion emergency loan fund
July 7th, 2011 davidguide Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – The U.S. Department of Housing and Urban Development has made available a $1-billion lifeline to American homeowners who have problems with their mortgage payments. The fund, launched in June, is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Its aim is [...]
Two Houston men sentenced in mortgage fraud case
June 2nd, 2011 davidguide Adrian Levale Cole, 40, and Albert Terrance Watkins, 47, were behind a scam to purchase several residential properties in the Houston area through fraudulent mortgage loans, officials said. View full post on All Stories
Posted in Lending News Tags: area, case, fraud case, houston area, houston men, Mortgage, mortgage fraud, mortgage loans, Post, residential properties, Stories, View, watkins Comments OffForeclosure Contractors Face New Scrutiny From States
May 27th, 2011 davidguide ProPublica Staff United States (ProPublica) – by Marian Wang While federal and state officials investigating flawed foreclosures have largely focused on holding the banks accountable and bringing relief to wronged homeowners, officials in a few states have begun targeting the more obscure middlemen of the foreclosure scandal. Prosecutors in California and Illinois have sent subpoenas [...]
Posted in Lending News Tags: attorney general lisa madigan, Bank, consent order, Firm, illinois attorney general, illinois attorney general lisa madigan, LPS, mdash, Mortgage, mortgage documents, mortgage processing, scandal, state Comments OffReport shows nearly a quarter of nation’s foreclosures are in Florida
May 27th, 2011 davidguide Palm Beach Post Thursday, May 26, 2011 WEST PALM BEACH — Nearly a quarter of the nation’s home foreclosures have Florida addresses, leaving the Sunshine State with the largest chunk of the country’s mortgage problem. The number of Florida loans in foreclosure — 466,454 — is more than the total number of loans in 22 [...]
Posted in Lending News Tags: Association, chunk, florida loans, home, Mortgage, mortgage bankers association, mortgage delinquencies, mortgage problem, national foreclosure, palm beach post, problem, report, West Palm Beach Comments Off