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Sunday, 23 October 2011. Obama administration ramps up mortgage refinancing effort. The White House hopes by the end of the month to announce changes that will make it easier for more homeowners — perhaps millions more — to participate. Reporting from Washington—. What's needed, they said, is a grand plan, such as an across-the-board reduction of the principal homeowners are carrying on their mortgages. Abysmally too little is being done to deal with the problem," said Rep. Dennis Cardoza. He said 70% of...

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Sunday, 23 October 2011. Obama administration ramps up mortgage refinancing effort. The White House hopes by the end of the month to announce changes that will make it easier for more homeowners — perhaps millions more — to participate. Reporting from Washington—. What's needed, they said, is a grand plan, such as an across-the-board reduction of the principal homeowners are carrying on their mortgages. Abysmally too little is being done to deal with the problem, said Rep. Dennis Cardoza. He said 70% of...
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Mortgage News | usmortgagenews.blogspot.com Reviews

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Sunday, 23 October 2011. Obama administration ramps up mortgage refinancing effort. The White House hopes by the end of the month to announce changes that will make it easier for more homeowners — perhaps millions more — to participate. Reporting from Washington—. What's needed, they said, is a grand plan, such as an across-the-board reduction of the principal homeowners are carrying on their mortgages. Abysmally too little is being done to deal with the problem," said Rep. Dennis Cardoza. He said 70% of...

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Mortgage News: Low mortgage rates are nice if you can get 'em

http://usmortgagenews.blogspot.com/2011/10/low-mortgage-rates-are-nice-if-you-can.html

Saturday, 15 October 2011. Low mortgage rates are nice if you can get 'em. For weeks now we've been touting new record-low rates on 15- and 30-year fixed mortgages. They're floating around 4%, dipping below four when Europe explodes, then back just above 4% this week, as the stock market makes a turnaround. Whatever the exact daily rate, the message is that the rates are a steal, and they should make home refinancing and home buying a steal. Posted by Satheesh Kunnath. Subscribe to: Post Comments (Atom).

2

Mortgage News: UPDATE: Mortgage Banking Group Meets Protesters In Chicago

http://usmortgagenews.blogspot.com/2011/10/update-mortgage-banking-group-meets.html

Monday, 10 October 2011. UPDATE: Mortgage Banking Group Meets Protesters In Chicago. CHICAGO (Dow Jones)- A meeting of the Mortgage Bankers Association on Monday drew a few hundred protesters claiming the mortgage finance lobbying group was "one of the main tentacles of Wall Street greed" and demanding more jobs and fewer home foreclosures. The government bailed the banks out on our backs, but they haven't bailed us out," said Thurlester Ibrahim, who was representing the Anti-Eviction Campaign, a communi...

3

Mortgage News: Supreme Court hears mortgage dispute

http://usmortgagenews.blogspot.com/2011/10/supreme-court-hears-mortgage-dispute.html

Saturday, 15 October 2011. Supreme Court hears mortgage dispute. In his last administrative act as banking commissioner, on June 4, 2010, Peter Hildreth ruled that Countrywide Home Loans violated the state’s consumer protection law when it switched the terms of a Manchester woman’s mortgage just days before her closing. The case dates back to 2005, when Rachel Nicholson applied for a mortgage to buy a condex in Manchester. She received pre-approval from Countrywide and signed a lock-in agreement for ...

4

Mortgage News: Middle-class homeownership dream may be slipping away

http://usmortgagenews.blogspot.com/2011/10/middle-class-homeownership-dream-may-be.html

Sunday, 16 October 2011. Middle-class homeownership dream may be slipping away. One thing most middle-class families have always had in common is a belief in the American dream: home ownership. But the housing crash and Great Recession dashed that dream for many, and shook to its core the idea that home ownership is a defining element of the middle-class lifestyle. For generations, the financial stability of middle-class families has been intertwined with the financial benefits of owning a home. For many...

5

Mortgage News: Obama administration ramps up mortgage refinancing effort

http://usmortgagenews.blogspot.com/2011/10/obama-administration-ramps-up-mortgage.html

Sunday, 23 October 2011. Obama administration ramps up mortgage refinancing effort. The White House hopes by the end of the month to announce changes that will make it easier for more homeowners — perhaps millions more — to participate. Reporting from Washington—. What's needed, they said, is a grand plan, such as an across-the-board reduction of the principal homeowners are carrying on their mortgages. Abysmally too little is being done to deal with the problem," said Rep. Dennis Cardoza. He said 70% of...

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Sunday, 23 October 2011. Obama administration ramps up mortgage refinancing effort. The White House hopes by the end of the month to announce changes that will make it easier for more homeowners — perhaps millions more — to participate. Reporting from Washington—. What's needed, they said, is a grand plan, such as an across-the-board reduction of the principal homeowners are carrying on their mortgages. Abysmally too little is being done to deal with the problem," said Rep. Dennis Cardoza. He said 70% of...

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