Alabama | Home Loan | Mortgage | Refinance

Archive for the ‘Mortgage News’ Category

Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record. The 30-year, fixed rate fell to an average of 3.87% and the 15-year fixed …
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Investors are rediscovering yield in Denmark as mortgage bond issuance crowds out the government’s plan for an early surge in debt sales. Bond investors are searching for ways to boost returns after demand for the AAA nation’s bonds sent …
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It’s going to be tougher for the self employed, new immigrants and higher-risk borrowers to get a mortgage as concerns continue to mount over the state of Canada’s housing market. CIBC’s wholesale mortgage arm, FirstLine, quietly announced Tuesday …
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As the Obama administration, state attorneys general and the nation’s biggest banks close in on a settlement over allegations of widespread mortgage fraud, Nevada’s attorney general is pushing back with concerns and questions. Meanwhile a Feb. 3 …
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After nearly a year of negotiations, federal and state officials and major mortgage servicers are moving closer to amultibillion-dollar settlement over alleged foreclosure and mortgage loan-servicing abuses. A deal could be finalized by early …
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THE DECISION by the Government to include mortgage debt in its proposed insolvency regime is as welcome as it was unexpected. What was surprising about the move is that it goes against conventional financial wisdom which sees the forgiving of secured debt …
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The Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills …
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