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Westpac Lenders Mortgage Insurance Gets Aa3 Rating From Moody’s

June 20, 2010 by · Leave a Comment 

Westpac Lenders Mortgage Insurance Gets Aa3 Rating From Moody’s

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Westpac Lenders Mortgage Insurance Gets Aa3 Rating From Moody’s

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NHB sees more takers for reverse mortgage loans

May 23, 2010 by · Leave a Comment 

With its new reverse mortgage loan (RML)-enabled annuity scheme offering senior citizens assured lifetime payments instead of the earlier cap of 20 years, National Housing Bank (NHB) is expecting more takers for the product. It is in talks with banks and insurance companies to expand its pool of RML facilitators.

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NHB sees more takers for reverse mortgage loans

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Prudential Florida Realty and Florida Home Finance Group Announce ‘The Home Buyer Mortgage Credit’

May 2, 2010 by · Leave a Comment 

RISMEDIA, May 3, 2010—While the Federal “First Time Home Buyer Tax Credit” expired on April 30, 2010, Prudential Florida Realty, in conjunction with Florida Home Finance Group, an affiliate of Wells Fargo Home Mortgage, is picking up where the Federal…

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Prudential Florida Realty and Florida Home Finance Group Announce ‘The Home Buyer Mortgage Credit’

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$10,000 mortgage payment disappears

May 2, 2010 by · Leave a Comment 

Problem Solver: After her husband died in a car accident in February, Maria Bertolo decided to use his life insurance money to pay down the mortgage. A good idea, until a payment didn’t get credited.

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$10,000 mortgage payment disappears

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Goldman Hid Mortgage Moves From SEC For Months

May 1, 2010 by · 1 Comment 

What’s Your Reaction?

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Goldman Hid Mortgage Moves From SEC For Months

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Countrywide Home Loans in $150 Million Fight With Mortgage Insurer

April 22, 2010 by admin · Leave a Comment 

In a case born out of the mortgage crisis, one of the United States’ largest home lenders is trying to force its mortgage insurer to pay up on claims in at least 1,400 loans. Lawyers for Countrywide Home Loans want the suit in San Francisco Superior Court, but Mortgage Guaranty Insurance Corp., which wants to go to arbitration, is battling to keep the case in federal court. The stakes are …

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Countrywide Home Loans in $150 Million Fight With Mortgage Insurer

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Church celebrating mortgage’s end

April 22, 2010 by · Leave a Comment 

Griswold - On Saturday, the First Congregational Church of Griswold will burn a document in a ceremony that will make many homeowners envious: It will burn its mortgage.With help from the greater

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Church celebrating mortgage’s end

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Two plead guilty in $23 million mortgage fraud scheme

April 22, 2010 by · Leave a Comment 

Two Kansas City area men pleaded guilty Thursday to participating in a $23 million mortgage fraud scheme. The criminal activity involving 350 residential properties is among the largest mortgage fraud cases prosecuted in the area, said U.S. Attorney Beth Phillips.

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Two plead guilty in $23 million mortgage fraud scheme

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FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake

April 1, 2010 by · Leave a Comment 

WASHINGTON - The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over.

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FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake

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S. Fla. minister, wife sentenced in $6 million mortgage scheme

April 1, 2010 by admin · Leave a Comment 

A Miami-Dade minister was sentenced Wednesday to 20 years and his wife to 4 ½ years in prison for their convictions in a $6 million mortgage scheme fueled by drug money.

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S. Fla. minister, wife sentenced in $6 million mortgage scheme

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