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Mortgage News Headlines



New York Times

A Mortgage Tornado Warning, Unheeded
New York Times
YEARS before the housing bust ? before all those home loans turned sour and millions of Americans faced foreclosure ? a wealthy businessman in Florida set out to blow the whistle on the mortgage game. His name is Nye Lavalle, and he first came to ...
Halfway homeWashington Post
Gingrich Ties to Fannie, Freddie Said to Extend to Speaker DaysBusinessWeek
Why Fannie and Freddie Are Hesitating to Help HomeownersUK Progressive Magazine
Examiner.com
all 44 news articles »



Bloomberg

Obama Says Home-Mortgage Relief Plan Will Eliminate US's 'Biggest Drag'
Bloomberg
?Right now, there are more than 10 million homeowners in this country who, because of a decline in home prices that is no fault of their own, owe more on their mortgages than their homes are worth,? Obama said. It is ?wrong for anyone to suggest that ...
Obama pressures Congress on mortgage refinance programFox News
Obama: Push for mortgage reformPolitico (blog)
Obama: Let's fix the housing crisisNew York Daily News
Detroit Free Press -USA TODAY -MyFox Houston
all 514 news articles »



PW-Philadelphia Weekly (blog)

Mortgage Deal Reached In 2008 Shows Pitfalls To Avoid In Current Settlement
Huffington Post
As states gear up to finalize a national mortgage servicing settlement, some are looking to avoid the painful lessons of a 2008 mortgage deal that failed to deliver the help promised to desperate homeowners. Nearly four years ago, 11 states settled ...
HUD Secretary Expects ?Substantial? Payment of Foreclosure Fraud Settlement ...Firedoglake
Foreclosure Accord Said to Ensure Same Terms for All 50 StatesBusinessWeek
Finally, A Foreclosure Settlement (Maybe)KCCI Des Moines
PW-Philadelphia Weekly (blog) -eCreditDaily.com -Business Insider
all 41 news articles »



USA TODAY

New York Sues 3 Big Banks Over Mortgage Database
New York Times
Attorney General Eric T. Schneiderman of New York sued three major banks on Friday, accusing them of fraud in their use of an electronic mortgage database that he said resulted in deceptive and illegal practices, including false documents in ...
Mortgage fraud unit co-chair sues biggest banksUSA TODAY
JPMorgan, BofA Sued by New York Over Use of Mortgage DatabaseBusinessWeek
New York sues 3 big banks over use of mortgage registry databaseLos Angeles Times
Reuters -Wall Street Journal -Washington Post
all 358 news articles »



Homeowners struggle to get mortgage relief
Tulsa World
By OMER GILLHAM World Staff Writer While the government has taken measures to bolster its mortgage-relief program, local homeowners are still ensnared in red tape with lenders attempting to foreclose on their homes. The Tulsa World interviewed several ...

and more »



Reverse mortgage may be best option for elderly homeowner
Los Angeles Times
A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. By Liz Weston Money Talk Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's ...




Fox News

Regulator: Freddie Ceased Mortgage Transactions 'On Its Own'
Wall Street Journal (blog)
By Alan Zibel and Nick Timiraos Freddie Mac stopped investing in certain mortgage derivatives last spring amid a weak market for such transactions, the firm's federal regulator said on Friday, as an uproar continued on Capitol Hill about the ...
Attorney General Martha Coakley tells Fannie Mae and Freddie Mac to reduce ...Boston.com
DeMarco "Completely Puzzled" Over Derivatives FlapForbes
Senator Demands Answers from Freddie Mac's RegulatorNPR (blog)
USA TODAY -The Spokesman Review -Boston Globe
all 415 news articles »



Bloomberg

Refinancing: Time to Act?
Wall Street Journal
By JESSICA SILVER-GREENBERG Mortgage rates have been hovering at historical lows for months?but some homeowners are waiting for even better deals before they take the plunge and refinance. Associated Press Townhouses in Beaverton, Ore.
Mortgage rate falls to record 3.87 percentChicago Sun-Times
Mortgage rates: new record lows. Again.Christian Science Monitor
Mortgage Interest Rates Friday February 3, 2011, 15 Year Mortgage Rates at 3.30%MonitorBankRates.com
San Francisco Chronicle -Bloomberg
all 367 news articles »



Real Estate column: A loan modification isn't a new mortgage
Herald Times Reporter
Most homeowners are under the assumption that a borrower must be behind on mortgage payments in order to get approved for a mortgage modification. A loan modification is a way to change the terms of an existing loan in order to help the borrower stay ...




Profit From Mortgage Debt With MBS
San Francisco Chronicle
In its May 2006 edition of Research Quarterly, the Bond Market Association estimated that mortgage debt represents $6.1 trillion of the $25.9 trillion bond market. As more people buy their first homes, move into bigger spaces, or purchase vacation ...



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