Live Mortgage News


Boston Globe (registration)

HUD expands mortgage modification program
MarketWatch - 22 hours ago
"These modifications should increase lender participation and help more families who are having difficulty paying their existing mortgages, but can afford a ...
US broadens rules for mortgage-aid plan Philadelphia Inquirer
Mortgage aid falls short, Bush admin official says BusinessWeek
Major Revamp Of Two HUD Mortgage Relief Programs To Be Pushed AHN
Bloomberg - Seattle Post Intelligencer
all 82 news articles


The Money Times

Freddie Mac: Mortgage rates decline again
MarketWatch - 4 hours ago
By Michelle Donley NEW YORK (MarketWatch) -- US fixed-rate mortgages fell for the third straight week, according to Freddie Mac's survey released Thursday. ...
Mortgage rates drop for third week BusinessWeek
Mortgage rates fall for 3rd straight week United Press International
Mortgage Rates: Downward Trend Housing Wire
Trading Markets (press release) - SanLeandroTimes.com
all 40 news articles


RTT News

GMAC Applies For Bank-Holding Status; Plans Note Exchange
CNNMoney.com - 6 hours ago
As a bank-holding company, GMAC said it would obtain "increased flexibility and stability to fulfill its core mission of providing automotive and mortgage ...
GMAC moves to tap government funding MarketWatch
GMAC files for bank holding status The Associated Press
GMAC Applies for Status as Bank, Begins Debt Swap (Update4) Bloomberg
CNN
all 260 news articles


Commercial mortgage bond index spreads soar again
Reuters - 5 hours ago
NEW YORK, Nov 20 (Reuters) - Yield spread premiums on a commercial mortgage-backed securities index soared more than 100 basis points for a third straight ...
Insurers slump on commercial mortgage concerns MarketWatch
MetLife Provides Information Regarding Its Commercial Mortgage ... WELT ONLINE
MetLife says commercial mortgage portfolio safe Reuters
MarketWatch - MarketWatch
all 43 news articles


The Money Times

Week-to-week mortgage applications off 6.2%: MBA
MarketWatch - Nov 19, 2008
By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- Mortgage applications fell a seasonally adjusted 6.2% last week from the prior week, as lower interest ...
US MBA’s Mortgage Applications Index Decreased 6.2% Last Week Bloomberg
US mortgage purchase applications near 8-yr low-MBA Reuters
Mortgage Applications Fall VillageSoup Belfast
North County Times - Toronto Star
all 144 news articles


First Trade Union Bank Selects PHH Mortgage as Strategic Outsource ...
MarketWatch - 4 hours ago
PHH Mortgage is the industry's leading provider of private label outsourcing for bank owned mortgage companies. Within the private label relationship, ...


Telegraph.co.uk

UK mortgage lending down 44 pct from a year ago
The Associated Press - 4 hours ago
LONDON (AP) — Mortgage lending in Britain was down 44 percent in October compared to a year ago, further evidence the economic downturn is hurting an ...
October mortgage lending picks up BBC News
Mortgage lending in UK increases, Council of Mortage Lenders reveal Telegraph.co.uk
Mortgage lending rises 7 percent in October Reuters UK
The Press Association - Times Online
all 256 news articles


Consumer Affairs

CORRECT: Modified mortgages often re-default
MarketWatch - Nov 18, 2008
Lender Processing Services' data on re-defaults of modified mortgages refer to the industry generally, not to IndyMac home loans specifically. ...
OUR VIEW: Mortgage relief grows Bristol Press
What Securitization Problem? The FDIC Weighs In New York Times
Should Obama name FDIC's Bair as a Special Advisor for Mortgage ... BloggingStocks
Los Angeles Times - The Associated Press
all 970 news articles


Economy becomes top worry for EU mortgage lenders
Reuters - 3 hours ago
After 10 years of growth, Europe's mortgage market has slowed as the worst financial turmoil in 80 years has begun making loans harder to come by. ...


IndyMac borrowers can get mortgage counseling
Los Angeles Times, CA - 13 hours ago
The FDIC-operated lender will offer walk-in sessions on mortgage workouts the next two Saturdays. By E. Scott Reckard IndyMac Federal Bank, which has had ...
Free counseling Saturday for troubled IndyMac borrowers Los Angeles Times
all 2 news articles

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