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Mortgage crisis has slowed, not decreased

May 25, 2010 by admin · Leave a Comment 

MANSFIELD — In Ohio, home foreclosures have stopped going up at a rapid rate — but they are not decreasing, according to a report Wednesday by the Mortgage Bankers Association.

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Mortgage crisis has slowed, not decreased

home-foreclosures

Ohio mortgage crisis has slowed, but not decreased

May 23, 2010 by admin · Leave a Comment 

MANSFIELD — In Ohio, home foreclosures have stopped going up at a rapid rate — but they are not decreasing, according to a report Wednesday by the Mortgage Bankers Association.

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Ohio mortgage crisis has slowed, but not decreased

home-foreclosures

Troubled homeowners may face lender lawsuits to recoup mortgage debt

May 22, 2010 by admin · Leave a Comment 

Analysts expect barrage of lender lawsuits to recoup mortgage debt Analysts expect lenders to file a tidal wave of lawsuits against homeowners who foreclose or short sale in the next few years, which could prolong the pain of the housing crisis.

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Troubled homeowners may face lender lawsuits to recoup mortgage debt

home-foreclosures

Obama housing plan seeks to reduce mortgage debt (Reuters via Yahoo! News)

March 26, 2010 by · Leave a Comment 

The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed.

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Obama housing plan seeks to reduce mortgage debt (Reuters via Yahoo! News)

home-foreclosures

Third quarter mortgage lending fall (Channel 4)

October 1, 2009 by admin · Leave a Comment 

Mortgage availability contracted during the third quarter of the year despite banks pledging to increase lending, Bank of England research has showed.

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Third quarter mortgage lending fall (Channel 4)

home-foreclosures

Nigeria : FMBN Needs N150 Billion to Develop Mortgage Market (AllAfrica.com)

October 1, 2009 by admin · Leave a Comment 

Stan Okenwa — For the Federal Mortgage Bank of Nigeria (FMBN) to effectively raise delivery of secondary mortgage operations the sum of N150 billion is required for its recapitalisation. This is the submission of the managing director and chief executive officer, Mr

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Nigeria : FMBN Needs N150 Billion to Develop Mortgage Market (AllAfrica.com)

home-foreclosures

Newburyport man implicated in mortgage scam (The Daily News of Newburyport)

October 1, 2009 by · Leave a Comment 

CONCORD, N.H.

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Newburyport man implicated in mortgage scam (The Daily News of Newburyport)

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Mortgage approvals dip in August (Guardian Unlimited)

October 1, 2009 by · Leave a Comment 

Number of mortgages approved remains above six-month average, says Bank of England, but is well below a level consistent with rising house prices The number of mortgage approvals for homebuyers dipped slightly in August, but net lending rose to its highest level since February, according to Bank of England figures published today.

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Mortgage approvals dip in August (Guardian Unlimited)

home-foreclosures

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)