By Aruna Viswanatha and Karen Freifeld WASHINGTON/NEW YORK (Reuters) – A U.S. judge on Monday rejected allegations by the New York state attorney general that Wells Fargo was violating the $25 billion mortgage settlement that federal and state authorities reached with five banks in 2012. U.S. District Judge Rosemary Collyer described Attorney General Eric Schneiderman's allegations as “so …
Interest rates have bounced around historical lows for years, yet a surprising number of homeowners who could benefit from a refinancing still haven’t taken advantage of the potential cost savings, Ed Conarchy, a mortgage adviser for Cherry Creek Mortgage in Gurnee, Illinois, said in a new Bankrate report issued Monday. The Mortgage Bankers Association forecasted that rates might increase to a …
COSTA MESA, Calif., Dec. 29, 2014 /PRNewswire/ — Secure One Capital, a direct mortgage lender headquartered in Costa Mesa, CA, anticipates that mortgage rates will remain near historical lows through 2015 and is making infrastructure changes to accommodate sustained demand. At the beginning of 2014, 30-year mortgage rates were hovering around 4.5%. Now that we're a week away from the end of the …