Posts Tagged ‘mortgage’

Queensland mortgage borrowers in arrears

Home owners in Queensland ranked as one of the regions with the most number of borrowers in arrears based on a FitchRatings report. View full post on All Stories

NexBank Announces Continued Strong Performance From Mortgage and Warehouse Lending Operations

DALLAS, Dec. 20, 2010 /PRNewswire/ — NexBank, a North Texas leader in banking and financial services, has announced continued strong performance from its mortgage and warehouse lending operations. The mortgage division of NexBank experienced 30 percent growth during the second half of the year due View full post on All Stories

Mortgage Lending Down 5% In November

Mortgage lending has fallen 5% in November from the previous month, says Counsel of Mortgage Lenders View full post on All Stories

Arizona AG sues Bank of America for mortgage fraud

[JURIST] Arizona Attorney General Terry Goddard [official profile] filed a lawsuit [press release] against Bank of America (BOA) [corporate website] on Friday for misleading customers in mortgage modification and foreclosure practices. Specifically, the complaint [complaint; PDF] alleges that BOA violated a 2009 consent agreement, in which it agreed to develop and implement loan modification programs, [...]

Ex-mortgage loan broker sentenced to three years

GREENEVILLE – A Florida man convicted of a nearly two-year mortgage fraud and money-laundering scheme in Greene and Cocke counties was sentenced this week to more than three years in prison. View full post on All Stories

Is it time to take a fixed rate mortgage?

Homeowners need to seriously think about sorting their mortgages, the Bank of England has warned. But how can you make yours safe and should you fix or track? View full post on All Stories

Mortgage rates: Average 30-year fixed loan rises to 4.83 percent

Rates on fixed mortgages surged for the fifth straight week, reflecting higher yields on long-term Treasury bonds. View full post on All Stories

Bank Of America Continues Settlement Talks With Large Mortgage Investors

Financial services firm Bank Of America said Wednesday in a statement that it is in settlement talks with some of its largest mortgage investors related to the repurchase of certain sour residential mortgage loans. The bank and the investors have agreed to extend any time periods commenced by the October 18 letter, which will enable [...]

Many homes still worth less than mortgage

The number of homeowners who owe more than their houses are worth fell for the third straight quarter this summer. View full post on All Stories

Mortgage lending litigation skyrockets by 40 percent

Mortgage lending-related legal actions rose by more than 40 percent in the third quarter of the year. The figures come from the newly released Mortgage Litigation Index. View full post on All Stories

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