mortgages
Mortgages have been the focus of news, financial reporting and controversy lately. Many analysts believe one of the root causes of the US economic downturn was the sub prime mortgage crisis. The situation was exaggerated when adjustable rate mortgages suddenly increased interest rates dramatically, making the mortgage payment higher than many homeowners were able to manage. Many homeowners are now trying to lower mortgage rates, by seeking to do a mortgage refinance. For many homeowners this may mean a longer home loan to allow time to reorganize their finances, and find a lower mortgage rate.
Many new companies have jumped into the refinancing area, offering new ways to workout potential solutions to prevent homeowners from being forced into foreclosure or short sales.
For news from the “source” consider keeping up with the Whitehouse Blog on help for homeowners.
Original Technorati articles tagged “mortgages”
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in BusinessGeneral Motors Stockholders Vote To Change CEO Nov. 6, 2012

General Motors reported a drop in profit of 12% and in most business environments this would be cause for great concernby theedje / on Oct 31, 2012 -
in PoliticsHugh Hewitt's 100 Reasons To Vote For a 45th Presidency

Hugh proceeded point by point, with full explanation, 100 specific reasons Mitt Romney would make a better president for 2012by theedje / on Oct 24, 2012 -
in FinancePMI, Avoiding Delays in Underwriting

Avoiding Delays & Issues of Mortgage Insurance Underwritingby FSREI / on Dec 6, 2011
Latest blogosphere posts tagged “mortgages”
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Dont Fret Higher Mortgage Rates
TheStreet.com —
Authority: 544
NEW YORK (TheStreet) --Housings been hot lately, with ultra-low supply sending prices higher and fueling a wave of construction starts -- a small but noteworthy economic tailwind. Historically cheap mortgages have been a key driver, but now rates are ticking up. Over the past five weeks, weekly 30-year fixed rates ...10 hours ago -
Paragon boosted by buy-to-let mortgages
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Specialist buy-to-let lender has seen its profits and share price boosted off the back in the growth of buy-to-let lending. Paragon also provides buy-to-let loans for the landlord sector. It has issued more than £311 in loans over the post 2 years and wants to exceed that level of buy-to-let lending in the current ...11 hours ago -
Repossessions by mortgage loan lenders climb
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The auction gavel is due to fall on more homes, as repossessions are skyrocketing. Image from Wikimedia Commons. The dismal saga of the real estate industry in America continues, and despite the occasional bright spot, there is still plenty of bad news to go around. Sales were boosted for some time by the home buyer ...12 hours ago -
ShopSmart Reviews Discount Financial Services
Clarksville, TN Online —
Authority: 442
Out-of-the-ordinary offerings from BJ’s, Costco and Walmart to buy, consider, or skip Yonkers, NY – These days, shoppers can find more than big bags of Doritos and giant jars of peanut butter, at discount retailers such as BJ’s, Costco, and Walmart. The July 2013 issue of ShopSmart magazine, from ...12 hours ago -
The Culture of Borrowing and Debt: An Ethnographic Approach
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What are people’s philosophy and attitudes toward loans and debt? And how financial marketers can respond to their basic emotional needs in the lending process?13 hours ago -
Morning Bell: 17 Reasons the $17 Trillion Debt Is Still a Big Deal
The Foundry: Conservative Policy News Blog from The Heritage Foundation —
Authority: 707
Remember the debt? That $17 trillion problem? Some in Washington seem to think it’s gone away. The Washington Post reported that “the national debt is no longer growing out of control. ” Lawmakers and liberal inside-the-Beltway organizations are floating the notion that it’s not a high priority any more. ...2 days ago -
Qualifying For A Mortgage When One Spouse Has A Low Credit Score
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There are several possible options to deal with this issue, depending upon the exact situation.For A paper, both spouses must qualify, credit score-wise. If one spouses credit is not up to the level that lender wants (and fannie or Freddie require) they will be unable to qualify together. The way around this is a ...3 days ago -
With The Tightening of Loan Standards, Will You Qualify For The Loan To Buy Real Estate?
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With a lot of people running around like Chicken Little screaming about the sky falling, a lot of folks who would like to buy property due to the much-lowered prices are wondering if there is any way they can qualify for the loan. There are lots of people out there over-exaggerating the difficulty of getting a loan. ...4 days ago -
Fair Game: In Countrywide Case, Watchdogs Without Any Bark
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The mortgage-pool case now in a New York court is putting trustee banks under the microscope.4 days ago -
Administration outlines future for Fannie Mae and Freddie Mac
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The Obama administration has released a long-awaited proposal for getting government out of the mortgage business. Image: TheTruthAbout/Flickr The Obama administration submitted its plan for the future of Fannie Mae and Freddie Mac Friday. The report is a series of options to consider for getting the government ...4 days ago -
Games Lenders Play (Part IV) - Lying About Loan Type
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I was approached by these folks a while ago via email.I attempted to get them to write up the experience themselves but I wanted to write something about this before I completely forgot about it. This whole exchange is indicative of games loan providers play in order to make money.Im going to sketch this out ...5 days ago -
How to Fix the Underwater Mortgages
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acting-man.com / By Ramsey Su / June 14, 2013 How It All Started Once upon a time, consumers were happily driving Toyotas. Depending on their needs and resources, some had economy models, some more upscale models. They were very affordable and consumers were quite comfortable with the car payments. However, ...5 days ago -
Bank America Mortgage Racket: We Were Told To Lie
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Not that we needed any further evidence of the racketeering enterprises run within the mortgage operations on Wall Street, but with the recently delivered testimony of Simone Gordon, a senior collection officer within Bank of America’s mortgage ‘racket’ . . . we got it. I first questioned whether the activities ...5 days ago -
6 Reasons Savvy Homeowners Are Not Paying Off Their Mortgages Early
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View full post on Credit and Personal Finance Blog | Credit Karma **Today’s guest post is contributed by Catey.** For many years, homeowners have likely heard the same financial advice: Pay down a mortgage as quickly as possible. But these days, many financial advisers are singing a different ...5 days ago -
Women promised more support when applying for mortgages
Property Market, Finance, House Price, Home Owners, Landlords, Buy to Let —
Authority: 112
Women who have been put off applying for a mortgage because they believe they will be treated unequally, will get more backing as part of a new action plan unveiled by the banking industry and government. The proposals follow a review authorised by the Deputy Prime Minister which found no indication that UK lenders ...5 days ago -
Crazy EU rules to make mortgage interest rates more complicated
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Filed under: Mortgages Joe Giddens/PA Wire The European Union has proposed a directive to require mortgage lenders to display a historic figure for mortgage interest rates alongside the usual APR (Annual Percentage Rate). This second rate is meant to improve public understanding of uncertainty surrounding ...5 days ago -
Are There VA Jumbo Loans Available?
Mortgage Chili Blog for Lake Mary Real Estate and Longwood Real Estate —
Authority: 120
If youre looking at buying the home of your dreams – and the price reflects it – then a VA jumbo loan may very well be the best option for your mortgage.5 days ago -
Mortgage Rates Close In on 4 Percent
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Mortgage rates climbed for the sixth consecutive week but remain relatively low by historical standards. The uptick in rates can be attributed to improving economic reports and speculation that the Federal Reserve will scale back bond purchases. The average rate on a 30-year fixed loan achieved a 14-month high and is ...5 days ago -
After 6 Straight Weeks of Increases, Mortgage Interest Rates Approach 4%!
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Today, 6/13/2013 Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.98% up from 3.91% last week. The average interest rate for 15 year fixed-rate mortgages was 3.10%, up from 3.03% last week. A year ago the 30 year rate was 3.71%. Are some of you finally ...5 days ago -
Mortgages: Home Loans for Millennials
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Young adults, known as millennials or Generation Y, will very likely force some type of shift in the housing market.5 days ago



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