Home Mortgage Loans

New report by bank regulators shows over half of mortgage holders who get help miss payments again (New York Daily News)

September 30, 2009 by admin · Leave a Comment 

More than half of mortgage holders who get help fall behind again, just as lenders are ramping up efforts to avoid more home foreclosures, according to a new report by bank regulators.

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New report by bank regulators shows over half of mortgage holders who get help miss payments again (New York Daily News)

Carmel man gets prison for mortgage fraud (The Indianapolis Star)

September 30, 2009 by · Leave a Comment 

A federal judge has sentenced a Carmel man to 30 months in prison for his role in a massive $20 million mortgage fraud scheme involving duplexes on Indianapolis’ Eastside.

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Carmel man gets prison for mortgage fraud (The Indianapolis Star)

S.Korea mortgage loans decline slightly in Sept (Reuters via Yahoo! Singapore News)

September 30, 2009 by · Leave a Comment 

SEOUL, Oct 1 (Reuters) - Mortgage loans by banks and non-bank financial companies in South Korea fell slightly during the first 19 business days of September, data from a financial regulator showed on Thursday.

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S.Korea mortgage loans decline slightly in Sept (Reuters via Yahoo! Singapore News)

Eastday-Banks call a halt to mortgage incentives (Eastday.com)

September 30, 2009 by · Leave a Comment 

China’s biggest five state-owned banks will stop offering commissions to agents who recruit household mortgage clients until the end of the year because of burgeoning business in home financing, according to industry sources.

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Eastday-Banks call a halt to mortgage incentives (Eastday.com)

Mortgage lending falls by €84m (Irish Examiner)

September 30, 2009 by admin · Leave a Comment 

MORTGAGE lending fell by €84 million in August, representing the fifth month in a row of decline in home loan demand.

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Mortgage lending falls by €84m (Irish Examiner)

Senior Learning Council to Present Reverse Mortgage Seminars (Clearwater Gazette)

September 30, 2009 by admin · Leave a Comment 

Educational seminars for seniors will be presented at several locations during the months of October and November. These seminars are designed to inform seniors who are considering whether or not a reverse mortgage is a good fit for their retirement needs and wants.

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Senior Learning Council to Present Reverse Mortgage Seminars (Clearwater Gazette)

Estates man indicted on mortgage fraud charge (Naples Daily News)

September 30, 2009 by · Leave a Comment 

A federal grand jury today indicted a 38-year-old Golden Gate Estates man on mortgage fraud charges accusing him of over-inflating the price of his home and lying on his application. Damarys Llorca, of 1971 16th Ave. S.W., was charged with credit application fraud in an indictment handed up to U.S.

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Estates man indicted on mortgage fraud charge (Naples Daily News)

Freddie Announces $1 Billion Commercial Mortgage Bond Deal (Nasdaq)

September 30, 2009 by admin · Leave a Comment 

NEW YORK -(Dow Jones)- Freddie Mac (FRE) announced a $1 billion commercial mortgage bond deal backed by multifamily loans to be sold Oct. 7.

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Freddie Announces $1 Billion Commercial Mortgage Bond Deal (Nasdaq)

Mortgage Applications Decrease Despite Continued Drop In Interest Rates (INO News)

September 30, 2009 by · Leave a Comment 

(RTTNews) - Mortgage application volume fell in the week ended September 25, despite another decrease in interest rates.

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Mortgage Applications Decrease Despite Continued Drop In Interest Rates (INO News)

US OCC: Lenders Step Up Mortgage Rescue Efforts (Nasdaq)

September 30, 2009 by · Leave a Comment 

WASHINGTON -(Dow Jones)- Lenders stepped up efforts to help strapped borrowers during the second quarter of 2009, but their actions weren’t enough to stem rising mortgage delinquencies and foreclosures, a federal banking regulator reported Wednesday.

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US OCC: Lenders Step Up Mortgage Rescue Efforts (Nasdaq)

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