Finance & Mortgage
'NAHB Sees Expanded Role for Federal Home Loan Banks in Housing Reform
'Home Builders Announce Housing Finance System Reform Plan
'Moody's Downgrades Wells Fargo Servicer Rating on Loan Performance
EDITOR'S PICKS
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Residents of a Chicago Mobile Home Park To Lose Water Access Days Before Thanksgiving
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Dozens Left Homeless After Apartment Fire Sparks In Durham
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Homebuying 101: 5 Red Flags To Watch Out For
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US Home Prices on the Rise: Here's Where Houses Are the Priciest
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Real Estate: 3 Things To Know Before You Start Investing
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Foreclosure-related sales rose in the last quarter of 2011 but fell slightly year-over-year, according to RealtyTrac's latest U.S. foreclosure sales report. -
'U.S. Mortgage Rates Fall to 3.90 Percent
U.S. 30-year fixed rate mortgage rates fell to 3.90 percent in the week ending March 1, down from 3.95 percent in the prior week, according to Freddie Mac. -
'Mortgage calculator - a vital tool
Purchasing a house is probably the biggest investment and commitment you will make in your life. But when it comes to getting a mortgage it is vital that you do your homework. To make life easier the Mortgage Calculator is a website devoted entirely to helping you find the right mortgage for your needs. -
'Bank of America Scores Key Court Ruling in Resolving Countrywide Mortgage Mess
Bank of America had attempted to get an $8.5 billion settlement over bad Countrywide mortgage-backed securities approved in New York state court over the objection of some angry investors. -
'Bernanke Real Estate Outlook: Recovery of Housing Market arduous
The recovery of the housing market and economy has been slow and arduous. Legislators and leading economists alike know that housing is the key to helping jobs and Americans get back on their feet. -
'Andrew Bers Earns CLHMS Designation for Expertise in Luxury Home Market
Andrew Bers of RE/MAX Alliance Group has earned the prestigious Certified Luxury Home Marketing Specialist (CLHMS) designation offered by the Institute for Luxury Home Marketing in recognition of his experience, knowledge and expertise in the luxury home market. -
'JPMorgan Chase Receives $100 Million New Markets Tax Credits Award
JPMorgan Chase pledged to further expand its investment to support new jobs and service in low-income communities after receiving the U.S. Treasury Department's largest allocation of tax credits today. Chase received $100 million in the latest round of New Markets Tax Credit awards. The $100 million award was the largest of the $3.6 billion in allocations granted to more than 70 organizations this year. -
'U.S. Mortgage Rates Rise to 3.95 Percent
U.S. 30-year fixed-rate mortgage rates rose to 3.95 percent in the week ending Feb. 23 from a record low of 3.87 in the previous week, Freddie Mac said. -
'Mortgage servicer Ocwen reported 2011 revenue rising by 38%
Ocwen Financial Corporation(NYSE:OCN), a leading provider of residential and commercial loan servicing, special servicing and asset management services, reported Net income of $9.7 million, $0.08 per share, for the fourth quarter of 2011, compared to Net income of $9.9 million, $0.09 per share last year on Thursday. -
'JPMorgan,Citi or BOA sued for $948.8 mln by Sealink
Sealink Funding Ltd., an Ireland- based investment firm, filed many major banks, including JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp, over $949 million in residential mortgage-backed securities. -
'Freddie Mac will sell $1.5 bln bills on Tuesday
Freddie Mac said it would sell $1.5 billion bills later today. -
'Gross mortgage lending 10% stronger than a year ago
Gross mortgage lending declined to an estimated £10.5 billion in January. Lending fell by 14% from £12.2 billion in December but was 10% higher than the total of £9.5 billion in January 2011, according to the Council of Mortgage Lenders(CML).
