Mortgages

Archive for July, 2007

US mortgage troubles trigger Wall Street slump - ABC Online (Mortgage News)

Tuesday, July 31st, 2007

US mortgage troubles trigger Wall Street slumpABC Online, Australia - 5 hours agoAgain, the trigger for an investor rush to the exits has been the troubled mortgage market in the US. The home lender American Home Mortgage Investment Corp …US credit worries return Radio New ZealandWall St rebounds Radio New Zealandall 16 news articles
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CNNMoney.com
Jittery […]

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H1 mortgage figure dropped 25% - RTE.ie (Mortgage News)

Tuesday, July 31st, 2007

RTE.ie
H1 mortgage figure dropped 25%RTE.ie, Ireland - 4 hours agoResidential mortgage borrowing rose by ยค1.6 billion in June, a slightly higher figure than in May, but the annual rate of growth continued to fall to 19%. …Mortgage lending rises despite rate increases IndependentStrong mortgage data shows housing market robust ScotsmanUPDATE 2-Strong UK mortgage data shows housing market […]

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Foreclosure filings skyrocket (Mortgage News)

Tuesday, July 31st, 2007

CNN Money - Many buyers didn’t qualify for conventional fixed-rate loans and opted for mortgages with very low “teaser rates” that lasted only for the first two or three years of their loan. Interest rates reset, often to unaffordable levels, especially for Read More
Reuters UK - However, the bank said a […]

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Radian Comments on C-BASS Investment (Mortgage News)

Monday, July 30th, 2007

MSN MoneyCentral - Ibrahim, Chief Executive Officer noted, “While this action clearly reflects the continuing credit challenges in today’s mortgage market, we are moving forward, as planned, with our proposed merger with MGIC, which we expect to close late in the Read More
Financial Times - The number of mortgages approved last […]

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Reverse Mortgages: Know the Facts - KAIT (Mortgage News)

Monday, July 30th, 2007

Reverse Mortgages: Know the FactsKAIT, AR - 13 hours agoBecause of the increase in home values in recent years, there has been more advertising and publicity about reverse mortgages. Reverse mortgages may be an …
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Abbey Mortgages: 67% wary of 25-year loansMoney News, UK - 14 hours agoAbbey Mortgages has claimed that government plans to introduce long-term fixed-rate […]

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Mortgage lending grows at fastest pace for three months (Mortgage News)

Monday, July 30th, 2007

Guardian Unlimited - Mortgage lending in June grew at its fastest pace in three months, figures show today, while approvals for new home loans held steady, suggesting that the housing market is still holding up despite a string of interest rate increases. The latest data Read More
MarketingVOX - That includes portions […]

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Margin Calls Slam American Home (Mortgage News)

Monday, July 30th, 2007

Street.Com - The Melville, N.Y., lender said it delayed the payments “in order to preserve liquidity until it obtains a better understanding of the impact that current market conditions in the mortgage industry and the broader credit market will have on the Read More
Newsday - The New York Stock Exchange delayed […]

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Making a run at early retirement (Mortgage News)

Monday, July 30th, 2007

Detroit News - Account history: The couple have a very small balance left to pay on a mortgage and home equity loan and no other debt — one of the biggest factors in getting along on reduced income. Besides a few hundred thousand in Laven’s 401(k), they have good Read More
WATE […]

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Revenue from mortgage taxes declines in Dutchess - Kingston Daily Freeman (Mortgage News)

Sunday, July 29th, 2007

Revenue from mortgage taxes declines in DutchessKingston Daily Freeman, NY - 2 hours agoBy Patricia Doxsey, Freeman staff MORTGAGE recording tax receipts fell in nearly all Dutchess County municipalities in 2006, leaving no doubt that the …Towns face decline in mortgage tax revenue Poughkeepsie Journalall 2 news articles
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Boston Globe
Report: Mortgage woes likely to worsen into […]

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JPMorgan Chase Simplifies Mortgage Disclosures, Product Choices for (Mortgage News)

Saturday, July 28th, 2007

MSN MoneyCentral - Consumers now can compare important product features for traditional as well as non-traditional mortgages, including more information on how an adjustable-rate feature can affect the monthly payment — Will require an Read More
Reuters - The U.S. credit market is in turmoil amid escalating defaults on risky subprime mortgages […]

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