Popular Mortgage Industry News

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Votes
More foreclosures on the way as thousands of option ARMs reset
Amidst signs of stabilization, with an increase in sales and rise in home prices in certain states, the mortgage industry braces for a fresh set ...
Shared by Savior70 - 2 months, 3 days, 4 hours, 36 minutes, 17 seconds ago
60 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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Votes
FHA mortgage-insurance reserve ratio hits record low
For the first time since the Federal Housing Agency started publishing the reserve ratio data in 1990, the FHA's mortgage-insurance reserves fell to the lowest ...
Shared by Jerry - 1 week, 1 day, 1 hour, 20 minutes ago
19 visits | 1 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

  1

Votes
J.P Morgan joins other lenders in offering loan modification program
J.P Morgan Chase and Co. plans to come up with a loan modification program for borrowers who're behind on their mortgage payments. Those having ARMs ...
Shared by Sara - 1 year, 2 weeks, 3 days, 20 hours, 7 minutes, 35 seconds ago
136 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
IRS will use mortgage payment data to catch tax cheats
IRS has decided to expand the program which was designed to catch tax cheats. Under the new program, inconsistencies between mortgage payments and income would ...
Shared by Niicss - 2 months, 2 weeks, 5 days, 5 hours, 19 minutes, 36 seconds ago
51 visits | 1 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
Rates on 30-year mortgages jump to 11-week high
30 year mortgage rates have been increased to 11 week high. It is the highest since mid-March of this year. On Thursday Freddie Mac reported ...
Shared by Jenkin7 - 1 year, 5 months, 3 weeks, 1 day, 15 hours, 46 minutes, 22 seconds ago
167 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
Heloc Crisis: Second lien holders face greater risk of loss
While first mortgage holders have been through huge losses due to rising foreclosures and delinquency, second lien holders are not behind. Second mortgage holders especially ...
Shared by Caron - 1 year, 4 months, 2 weeks, 6 days, 2 hours, 34 minutes, 13 seconds ago
192 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

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Votes
30 year mortgage rates drop below 5%
30-year fixed mortgage rates have dropped below 5% as the Federal Reserve declared that it would double the purchases of mortgage debt to reduce rates ...
Shared by Niicss - 8 months, 2 days, 15 hours, 40 minutes, 47 seconds ago
104 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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