Posts Tagged ‘mortgage’
|Regulators Seek New Rules for Mortgage Servicers
Regulators Seek New Rules for Mortgage Servicers
U.S. housing regulators said they will seek to implement a new fee system and standards for mortgage-servicing companies by the summer of 2012.
Read more on BusinessWeek
US Regulators To Develop New Fee System For Mortgage Servicers
US Regulators To Develop New Fee System For Mortgage Servicers
WASHINGTON -(Dow Jones)- Federal housing regulators said Tuesday they will develop a new payment system for mortgage servicing companies, which have been battered by paperwork errors and widespread consumer complaints.
Read more on FOX Business
Court rules against banks in pivotal mortgage case
Court rules against banks in pivotal mortgage case
By DENISE LAVOIE and MICHELLE CONLIN Associated Press The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. Friday in a pivotal mortgage foreclosure case that could spark…
Read more on WAFF 48 News Huntsville
For B. of A., mortgage ‘put backs’ aren’t over
For B. of A., mortgage ‘put backs’ aren’t over
Lender deals with Freddie Mac exposure, but could suffer another $5.5 bln in losses from repurchase requests from Fannie Mae and about $35 billion in losses from ‘put back’ claims made by private insurers and investors, according to Compass Point research.
Read more on Market Watch
10 tips to snag a mortgage loan in 2011
10 tips to snag a mortgage loan in 2011
It won’t be easy getting a mortgage, but these tips will help you get the best terms.
Read more on Bankrate.com via Yahoo! Finance
Mortgage tax break subject to scrutiny – Mon, 27 Dec 2010 PST
Mortgage tax break subject to scrutiny – Mon, 27 Dec 2010 PST
WASHINGTON – Fifteen years ago, Carol Nietmann and her husband bought a spacious house in Maryland near Chesapeake Bay. And thanks to the time-honored tax deduction for mortgage interest, she said, their new place was a little bigger and a little nicer than they would otherwise have thought they could afford. Much the same has been true for millions of Americans up and down the income scale …
Read more on The Spokesman-Review
Santander Mexico Agrees to Acquire GE Capitals Mexican Mortgage Business
Santander Mexico Agrees to Acquire GE Capitals Mexican Mortgage Business
GE Capital announced today the signing of an agreement whereby Grupo Financiero Santander Mexico will acquire GEs consumer mortgage business in Mexico, encompassing all of its operations, including its $2 billion …
Read more on Finanzen.net
Mortgage rates edge down after 5 weeks of gains
Mortgage rates edge down after 5 weeks of gains
Rates on fixed mortgages dipped after rising for five weeks in a row.
Read more on AP via Yahoo! News
SEC sends more subpoenas in mortgage probe: sources
SEC sends more subpoenas in mortgage probe: sources
By Matthew Goldstein and Rachelle Younglai
Read more on Reuters via Yahoo! Singapore News
Mortgage volume tipped to tumble after top year
Mortgage volume tipped to tumble after top year
Drawdowns on new home loans are expected to fall by 24 percent in 2011, after hitting an all-time high this year, according to Centaline Mortgage Broker.
Read more on The Standard