Mortgage Market Guide - 01/06/09

A whole slew of economic data has started to be released and will continue to come out the rest of the week. As expected the news is...

Posted in Mortgage Market Guide | Category: MARKET INSIGHT
mikerogers, 6 January 2009 | Comment

Throw the lender and appraiser in jail !

A must see video produced by the Wall Street Journal. This home was an obvious case of fraud but still passed the quality control...

Posted in Mortgage Girl | Category: MARKET INSIGHT
hope, 5 January 2009 | Comment

Countrywide and Bank of America Still Skirting Standards...

Countrywide, the second mortgage division of Bank of America's mortgage business inconjunction with Bank of America's own in-house...

Posted in USDA Rural Development Loans | Category: MARKET INSIGHT
tom, 5 January 2009 | Comment

Changes in Appraisals Starting May 1, 2009

Freddie Mac and Fannie Mae, starting May 1, 2009, will start implementing a change in the way appraisals must...

Posted in FHA | Category: MORTGAGE
gilkerk, 4 January 2009 | Comment

HUD Homes for $100 - NO JOKE

$100 down payment HUD Home Program *** For a limited time ***: HUD is allowing home buyers to buy HUD homes with a...

Posted in Watchdog | Category: FHA
karenmills, 2 January 2009 | 2 Comments

SEO rolling out geocoding.. u need to blog about local...

Posted in Nouriel Roubini is an Economic God | Category: MARKET INSIGHT
chrismasters, 1 January 2009 | Comment

Breaking News - Mortgage Interest Rates Expected to Fall...

On Tuesday, Dec 30 th , the Federal Reserve announced that it will begin purchasing mortgage-backed securities (MBS) in early...

Posted in Mortgage Market | Category: MARKET INSIGHT
lewcorcoran, 31 December 2008 | 3 Comments

Fed to Start Buying Mortgage Backed Securities in January

We have finally received the news the mortgage market has been waiting for. The Fed is going to start purchasing MBS's from Fannie,...

Posted in Stage Coach Rules | Category: MARKET INSIGHT
joanlarsen, 30 December 2008 | 1 Comments

Do Minorities pay more in mortgage fees?

Consumer advocates and the press often bring to light the unfair tactics of certain mortgage professionals toward minority groups....

Posted in Mortgages With Maria Garcia Dallas Texas | Category: MARKET INSIGHT
mariagarcia, 30 December 2008 | 1 Comments

Blog About Your Market

When we get busy with our day to day its easy to forget about all the wonderful new people that are moving to this Great State of...

Posted in Mortgage Insight | Category: NETWORKING
martalopez, 29 December 2008 | Comment

Business highlights

The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market.   RSS news feeds and Widgets on Feedzilla.com

Mortgage rationing gets tougher

Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers.   RSS news feeds and Widgets on Feedzilla.com

Fannie says IndyMac has $1 bln in mortgage obligations: report (Reuters)

Fannie Mae , the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people familiar with the situation.   News widgets and RSS feeds on Feedzilla.com

Mortgage rates hit fresh 37-year low

Rates on mortgage loans are the lowest in the 37-year history of the Freddie Mac Primary Mortgage Market Survey, according to a weekly report released Wednesday.   RSS feeds and News widgets on Feedzilla.com

In tight market, FHA rehab mortgages on rise

With the subprime market largely disappearing over the past year and lenders tightening standards for other mortgages, the FHA rehabilitation loan is more popular.   RSS news feeds and Widgets on Feedzilla.com

Big Apple real estate defies gravity - so far

Home prices in Manhattan held up remarkably well in the fourth quarter, despite the economic crisis.   RSS news feeds and Widgets on Feedzilla.com

Robert Shumake, Mortgage Fraud Victim, is on a Mission to Generate Public Awareness

(EMAILWIRE.COM, December 30, 2008 ) Detroit, MI -- According to the US Federal Bureau of Investigation, mortgage fraud is one of the fastest growing white-collar crimes in the country. Robert Shumake found this out the hard way, when he was the victim of mortgage fraud. When Shumake tried to... (read more)

GE's finance arm launches $10 billion FDIC-backed debt (Reuters)

General Electric Co's finance arm on Monday launched a $10 billion sale of FDIC-backed debt, the largest sale under the government guarantee program since its inception last November.   News widgets and RSS feeds on Feedzilla.com

Weak Bond Market Stunts Hospital Construction

When nonprofit hospitals need money to modernize their emergency rooms or build a new wing, they go to the bond market. For five weeks in September and October, the hospital bond market essentially shut down, poisoned by the mortgage crisis. Meanwhile, hospitals have had to scale back construction plans.   RSS news feeds and Widgets on Feedzilla.com

Gov't projects $6.5M in bailout costs through Jan.

The government estimated Tuesday that it will spend $6.5 million by the end of January in salaries and other administrative costs for the $700 billion financial rescue program. The Treasury Department estimate was part of the latest update it's required to...   RSS news feeds and Widgets on Feedzilla.com

Obama Asks Congress To Approve Billions

With unemployment through the roof, foreclosure rates at an all-time high and a wildly fluctuating stock market, President-elect Barack Obama is asking Congress to approve hundreds of billions of dollars in new government spending.   RSS feeds and News widgets on Feedzilla.com