Fannie, Freddie Chase Bad Mortgages - Wall Street Journal

January 30th, 2010 by admin

Wall Street Pit (blog)
Fannie, Freddie Chase Bad Mortgages
Wall Street Journal
The two mortgage-finance companies are flexing their muscles to force banks to repurchase loans found to contain improper documentation about a borrower's
Refinance Volumes and HAMP Modifications Increased in DecemberRealEstateRama
Beck "don't know much about history"… or economicsMedia Matters for America
Fannie Mae, Freddie Mac delinquencies riseSydney Morning Herald
Seeking Alpha (blog) -Streetsblog Capitol Hill (blog)
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Kearny Financial Corp. Reports Second Quarter 2010 Operating Results - CNNMoney.com (press release)

January 30th, 2010 by admin

Fresno Business Journal
Kearny Financial Corp. Reports Second Quarter 2010 Operating Results
CNNMoney.com (press release)
The average yield has been decreasing due to the repayment of higher coupon mortgage loans underlying the securities coupled with the effect of the Company
Provident Financial Services, Inc. Announces Fourth Quarter and Full-Year PR Newswire (press release)
Meridian Interstate Bancorp, Inc. Reports Results for the Three Months and CNNMoney.com (press release)
Oneida Financial Corp. Reports 2009 Fourth Quarter and Full Year Operating PR Newswire (press release)
PR Newswire (press release) -CNNMoney.com (press release) -CNNMoney.com (press release)
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US May Retool Mortgage Program to Help Underwater Homeowners - Bloomberg

January 27th, 2010 by admin

Credit.com News
US May Retool Mortgage Program to Help Underwater Homeowners
Bloomberg
Hope for Homeowners was intended to help borrowers with loans of less than $550440, according to the original terms of the program listed on FHA's Web site.
BofA Becomes First to Sign Deal With US on Home-Equity LoansBusinessWeek
Bank of America steps up foreclosure prevention effortsCNNMoney.com
Bank of America Agrees to Modify Second MortgagesWall Street Journal (blog)
Wall Street Journal -Subprime Blogger (blog) -Release-news.com (press release)
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Bank of America Refinance Mortgage Rates – Home Loans at 4.84% - Subprime Blogger (blog)

January 27th, 2010 by admin

FreeRateUpdate.com
Bank of America Refinance Mortgage Rates – Home Loans at 4.84%
Subprime Blogger (blog)
Bank of America refinance mortgage rates have been very stable for the month of January. At the present time Bank of America home loans are at 4.84% for the
Fixed rate mortgage demand at record lowSydney Morning Herald
Mortgage Rates: 30 Year Mortgage Rates Head Back Down Towards 5.00%MonitorBankRates.com
Bank of America Home Loans vs Bank of America Mortgage Rates in NevadaWhat America Is Searching (blog)
Forbes -Washington Post -San Francisco Chronicle
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Bet Against The Fed, Buy Mortgage REITs - Forbes

January 26th, 2010 by admin

MonitorBankRates.com
Bet Against The Fed, Buy Mortgage REITs
Forbes
Despite their name, mortgage REITs typically neither manage properties nor make loans to property buyers directly. Instead, they often take out large
Mortgage Rates: 30 Year Mortgage Rates Head Back Down Towards 5.00%MonitorBankRates.com
Bank of America Home Loans vs Bank of America Mortgage Rates in NevadaWhat America Is Searching (blog)
Stakes are high as government plans exit from mortgage marketsWashington Post
Subprime Blogger (blog) -lovemoney.com
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Pennsylvania Mortgage Relief Wins Fans - Wall Street Journal

January 26th, 2010 by admin
Pennsylvania Mortgage Relief Wins Fans
Wall Street Journal
It helps homeowners meet the terms of their existing mortgage with separate, below-market rate loans. The federal program, by contrast, aims primarily to
What about the jobless?Boston Globe

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FHA to provide early relief to homeowners - Washington Post

January 23rd, 2010 by admin

TopNews United Kingdom (blog)
FHA to provide early relief to homeowners
Washington Post
In the past, borrowers with FHA loans did not qualify for mortgage relief unless they had missed at least two payments. Now borrowers who are at risk of
FHA to tighten lending guidelinesThe Newark Advocate
Peter Boutell, Lending a Hand, Jan. 23 2010: FHA is getting some heat and Santa Cruz Sentinel
Impact of tighter FHA mortgage rules on home loans debatedUSA Today
Edmond Sun -WQOW TV News 18 -Press-Enterprise
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Mortgage rates slip for 3rd week; 30-year loans below 5% - Washington Post

January 23rd, 2010 by admin

The Business Insider
Mortgage rates slip for 3rd week; 30-year loans below 5%
Washington Post
The nationwide averages in Freddie Mac's survey were 0.7 points for 30-year loans and 0.6 points for 15-year, five-year and one-year loans. Falling mortgage
Chairman in House Proposes Replacing Freddie and FannieNew York Times
Frank to Recommend Replacing Fannie Mae, Freddie MacBusinessWeek
30-year mortgage interest rates slide back below 5%Los Angeles Times
Orlando Sentinel -Housing Wire -Wall Street Journal
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Today’s Mortgage Interest Rates: 30 Year Mortgage Rates Decline to 4.99% - MonitorBankRates.com

January 22nd, 2010 by admin

National Mortgage Professional Magazine
Today's Mortgage Interest Rates: 30 Year Mortgage Rates Decline to 4.99%
MonitorBankRates.com
30-year jumbo mortgage rates are averaging 5.72% this week, down from the prior week's loan home rate of 5.85%. 15 year jumbo mortgage loans are averaging
30-year mortgage interest rates slide back below 5%Los Angeles Times
US 30-year mortgage rate sinks below 5 pctReuters
Mortgage Rate Falls to 4.99%Wall Street Journal
DSNews.com -Subprime Blogger (blog) -UPI.com
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Impact of tighter FHA mortgage rules on home loans debated - USA Today

January 21st, 2010 by admin

Christian Science Monitor
Impact of tighter FHA mortgage rules on home loans debated
USA Today
The FHA is playing a greater role in the mortgage market, insuring about 30% of new loans, up from 3% in 2007. Growing defaults have cut its reserves below
FHA mortgage loan standards tightenedNorthJersey.com
FHA tightens rules for riskier borrowersSan Francisco Chronicle
Mortgage analysisBankrate.com
CNNMoney.com -Christian Science Monitor -Reuters
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