Mortgage applications edge higher, rates hit 6 month low
U.S. mortgage applications nudged higher last week, data from an industry group reported on Wednesday, as consumers showed a subdued reaction to the lowest interest rates in six months.
Reuters via Yahoo! News,
Wed Dec 02 06:40:05 PST 2009
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FHA wants to make mortgage borrowing more expensive
Should it be more expensive to get a mortgage insured by the Federal Housing Administration?
CNNMoney.com via Yahoo! Finance,
Wed Dec 02 13:54:00 PST 2009
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Fitch Publishes U.S. CMBS Focus Report on GECMC 2006-C1
Fitch Ratings has published its U.S. CMBS Focus Performance Report on GE Commercial Mortgage Corporation, series 2006-C1 . The report provides a detailed and up-to-date perspective on key c...
BusinessWire,
Thu, 03 Dec 2009 00:26:17 GMT
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Home buyers will have to lay out more cash for an FHA mortgage
Home buyers will have to make a larger down payment to get an FHA-backed mortgage and will need to have higher minimum credit scores under changes announced today by HUD Secretary Shaun Don...
Los Angeles Times,
Wed Dec 02 10:49:58 PST 2009
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Thrifty Britons cash in on low interest rates and falling bills
Britain's biggest mortgage lenders say more and more of their customers are choosing to overpay on their home loans, frustrating attempts by the Bank of England to boost the economy with ul...
The Independent,
Thu, 03 Dec 2009 00:25:03 GMT
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U.S. MBA Mortgage Applications Index Increased 2.1% Last Week
Dec. 2 (Bloomberg) -- Mortgage applications in the U.S. rose last week, led by a gain in purchase applications as mortgage rates approached historic lows.
Bloomberg,
Wed Dec 02 05:43:11 PST 2009
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Public relations, press release distribution, investor relations, SEC filing
... NEW YORK--(BUSINESS WIRE)--Fitch Ratings has published its U.S. CMBS Focus Performance Report on GE Commercial Mortgage Corporation, series 2006-C1 (GECMC 2006-C1). The report provides...
Business Wire,
Thu, 03 Dec 2009 00:08:19 GMT
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Mortgage applications rose 2.1% last week: MBA
The volume of mortgage applications filed last week rose a seasonally adjusted 2.1%, compared with the week before, as mortgage rates continued to decrease, the Mortgage Bankers Association...
Market Watch,
Wed Dec 02 04:40:28 PST 2009
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South Carolina Electric & Gas Company Announces Debt Offering
South Carolina Electric Gas Company announced today that it sold, in a negotiated offering, $150 million principal amount of its First Mortgage Bonds, 5.50 percent series due December 15, ...
Business Wire,
Thu, 03 Dec 2009 00:08:03 GMT
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Authority bans NI mortgage broker
A County Antrim mortgage broker is banned by the Financial Services Authority for not being competent to run an authorised firm.
BBC News,
Wed Dec 02 01:43:49 PST 2009
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Cardinal Bank Community Fund Awards Grant to Prince William Hospital...
... subsidiary, Cardinal Bank, with 25 conveniently located banking offices. Cardinal also operates George Mason Mortgage, LLC; Cardinal First Mortgage, LLC; Cardinal Trust and Investment ...
Business Wire,
Thu, 03 Dec 2009 00:07:48 GMT
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New Lawsuits Filed Against Firm Connected With Mortgage Co.
A law firm that handled transactions for a closed mortgage company is being named in new lawsuits filed this week.
WMUR New Hampshire,
Wed Dec 02 15:39:14 PST 2009
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Top 10 Scams and Rip-Offs of 2009
From mystery shopping to mortgage help and car warranties, American consumers faced a wide variety of creative scams in 2009.
CW2 Colorado KWGN-TV,
Thu, 03 Dec 2009 00:00:55 GMT
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As foreclosures rise, states struggle to combat mortgage scams
It was one year ago that home-owner B.L. Davis began to have trouble paying his mortgage. A medical problem, followed closely by his furnace giving out, depleted his savings and left him un...
The Christian Science Monitor,
Wed Dec 02 08:54:06 PST 2009
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Nationwide branch to close
THE Nationwide is to close its branch in the town in the new year. The branch based in the Mortgage Door on High Street will no longer be available from midday on Monday, March 1. Customers...
Lurgan Today,
Wed, 02 Dec 2009 23:34:32 GMT
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Average mortgage $367,000
THE average new mortgage in Australia has hit an all-time high of $367,000 according to prominent mortgage broker Australian Finance Group.
The Courier Mail,
Wed Dec 02 05:00:00 PST 2009
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Bucks: Now Is a Good Time to Refinance a Mortgage
With mortgage rates hitting record lows, it may be time to think about refinancing.
The New York Times,
Wed, 02 Dec 2009 23:34:07 GMT
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FHA Mortgage Insurance Program Important to Housing Market and Recovery, Says NAR
WASHINGTON, DC--(Marketwire - December 2, 2009) - The Federal Housing Administration mortgage insurance program is a critical part of the American housing fabric and has never been more imp...
Marketwire,
Wed Dec 02 13:19:07 PST 2009
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New Lawsuits Filed Against Firm Connected With Mortgage Co.
A law firm that handled transactions for a closed mortgage company is being named in new lawsuits filed this week.
WMUR.com - Local News,
Wed, 02 Dec 2009 23:32:02 GMT
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Treasury's Mortgage Modification: Empty Threats?
The Administration's mortgage-modification program may lack the financial heft to make it worthwhile for banks to offer homeowners meaningful change
BusinessWeek,
Tue Dec 01 19:13:58 PST 2009
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