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News :

Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released Thursday. One in every 698 US housing units had a foreclosure filing during the month.

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Misused funds
WatertownDailyTimes.com
Low-income families in Indiana will get some relief from their energy bills through the mortgage settlement. Lawmakers are skirting the intent of the agreement with a provision that allows the payment to be considered a ?civil penalty.

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Central Indiana: 'Most Affordable' Housing Market
Inside INdiana Business (press release)
A National Association of Home Builders report rates the Indianapolis-Carmel area as the most affordable among large markets in the country. The Housing Opportunity Index finds that nearly 96 percent of area homes sold in the first quarter of 2012 were ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Oklahoma chose not to participate in the program at all. Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills.

and more »


This REIT Promises Yield And Growth Without Mortgage REIT Risk
Seeking Alpha
The New Jersey based REIT has a portfolio of 41 manufactured home communities containing approximately 9000 sites located in Indiana, New Jersey, New York, Ohio, Pennsylvania, and Tennessee. I wrote a detailed article on the Residential Housing REIT a ...

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States Divert Mortgage Cash Away From Homeowners
NewsMax.com
The cash is part of a $25 billion national settlement with banks for abuses in mortgage and foreclosure processes and was supposed to go to foreclosure prevention, investigations into fraud and countering the housing crisis. California's share in the ...

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Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
Houston Chronicle
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

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Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
Beaumont Enterprise
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »


Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
PR Web (press release)
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »


Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
DigitalJournal.com (press release)
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Second Montana man admits running Ponzi scheme
Royal Gazette
Missoula, Montana-based mortgage broker Shawn Swor admitted one count of investment fraud under a plea bargain which saw further counts against him dropped. He faces up to 20 years in Federal prison, a $250000 fine and could be ordered to pay more than ...

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Fewer late mortgage payments recorded
Jackson Clarion Ledger
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

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Late payments on mortgages fall to levels seen in 2009
Waterbury Republican American
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

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Late payments on mortgages fall in first quarter of 2012
Contra Costa Times
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

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Late payments on mortgages fall in first quarter of 2012
Pasadena Star-News
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

and more »


Late payments on mortgages fall in first quarter of 2012
Marin Independent-Journal
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

and more »

News :

Is the government backing a new housing bubble?
MSN Money
Right now, under a plan introduced by President Barack Obama, an FHA-qualifying US homebuyer can apply for a 30-year mortgage with a 30 year fixed interest rate of 3.75 percent and a 15-year fixed mortgage at 3 percent. By The Fiscal Times 45 minutes ...

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TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
San Antonio Express
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com is a mortgage Banker with virtually unlimited options available for conventional, FHA, VA, Texas home equity loans, refinance loans, reverse mortgages, Dallas home loans http://www.texaslending.com/dallas.htm, Houston home loans ...

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Foreclosed Americans Find Way Back to Homeownership
Fox Business
The number of FHA-insured home loans has soared in recent years as subprime loans have disappeared and fewer Americans have qualified for conventional mortgages backed by Fannie Mae and Freddie Mac, which were rescued in 2008 by the US government after ...

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A Note on The Implications Of Flat Fee Pricing; Lender Updates...
Mortgage News Daily
Provided that they're located in HUD- or DE lender-approved projects, units in projects that are absent from Flagstar Bank's denied list and listed as approved in the FHA's Condominium Search Engine are eligible for financing by the FHA.

and more »


World News Resource

Wells Fargo Mortgage Rates Today: Best Refinance Rates Spur Application Boom
World News Resource
Those looking for the FHA version of the 30 year home purchase loan will find the package carrying a fixed rate of 3.375% and an APR of 4.060%. Among the leading adjustable rate home purchase deals on the cards today is the 5/1 ARM at a daily low of ...

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FHA Mortgages For Condos : Guidelines About To Loosen?
The Mortgage Reports
For buyers of condominiums in places like Chicago, Illinois; New York City, New York; or Minneapolis, Minnesota, the FHA's popular 3.5% low-downpayment mortgage program has been elusive. Because of the FHA's strict condo requirements, few buildings are ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Virtual-Strategy Magazine
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
San Antonio Express
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


Oklahoma bank to open branch in Wichita Walmart
Kansas.com
City National will be the third bank with Oklahoma ties to operate in the market. South Hutchinson-based Bank of Kansas, which operates two Wichita branches, is owned by Southwest Bancorp of Stillwater, and Tulsa-based Bank of Oklahoma Mortgage Group ...



TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Virtual-Strategy Magazine
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
DigitalJournal.com (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


Oklahoma City developers hear capital calling
NewsOK.com
Commercial mortgage-backed securities are making a comeback as funding streams for commercial real estate development, and developers, brokers and others lie in wait. By Richard Mize | Published: May 17, 2012 Leave a comment ?CMBS is back? ? virtually ...



Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Oklahoma chose not to participate in the program at all. Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills.

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »