Banks reported a big drop off in remortgaging activity after economists indicated they did not expect the Bank of England to raise rates soon.
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Fewer homeowners seeking to remortgage as fears of interest rate hikes fade
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Banks reported a big drop off in remortgaging activity after economists indicated they did not expect the Bank of England to raise rates soon.
Originally posted here:
Fewer homeowners seeking to remortgage as fears of interest rate hikes fade
Inma Rodriguez lost her job, and now that she’s defaulted on her mortgage, she’s about to lose her home.
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Spanish mortgage defaulters face debt nightmare
Local real-estate agents and mortgage lenders fear a pending drop in FHA, Fannie Mae and Freddie Mac home-loan limits will harm an already-weak Puget Sound housing market and potentially unravel pending deals.
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New federal home-loan caps hit Kitsap County hardest
BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. , a $13.5 billion-asset financial holding company, recently joined with the Federal Home Loan Bank of Dallas to provide a $220,000 Affordable Housing Program grant to the University of Southern Mississippi Institute for Disability Studies .
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BancorpSouth and Federal Home Loan Bank Provide $220,000 Grant for Affordable Housing
Three South Florida mortgage loan officers and a Pennsylvania title agent face federal criminal charges in connection with an elaborate $2.5 million reverse mortgage scheme, the first case of its kind to be prosecuted in federal Southern District Court, officials said Wednesday.
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South Florida seniors targeted in reverse mortgage fraud, officials say
Cambridge Credit Counseling processing Emergency Home Loan Program applications until July 22, 2011. July 07, 2011 The Dodd-Frank Wall Street Reform and Consumer Protection Act provided $1 billion to the United States Department of Housing and Urban Development to implement the Emergency Homeowners’ Loan Program, which is designed to assist homeowners who’ve experienced a …
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Non-Profit Working to Help Unemployed Western Massachusetts Homeowners Access $5 Million Through Federal Relief Program
ATLANTA, July 5, 2011 – Southeast Mortgage, a full service Georgia mortgage lender and one of the largest non-bank lenders in the Southeast, has announced industry veteran Isaac Berry has joined the organization as senior mortgage loan originator and future branch manager.
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Southeast Mortgage Hires Isaac Berry as Senior Mortgage Loan Originator
Mortgage rates moved higher this week after spending a month within a hair or two of 4.5%, the latest surveys showed. The 30-year fixed-rate loan was at 4.6% in the closely watched Freddie Mac tally, up from 4.51% a week…
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Mortgage rates trending higher
BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. , a $13.5 billion-asset financial holding company, recently joined with the Federal Home Loan Bank of Dallas to provide a $175,000 Affordable Housing Program grant to the Neighborhood Development Corporation in Tupelo to provide low-income, first-time homebuyers with down payment and closing costs assistance.
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BancorpSouth and Federal Home Loan Bank Provide $175,000 Grant for Affordable Housing
Thursday, July 7th, 2011 10:30:00 NG KOK SING is displeased that a bank has refused to waive his penalty charges. The 40-year-old claims he has been promised by a Hong Leong Bank sales staff to waive the penalty charges for his home loan during the five-year lock-in period if he signs up a new loan with them. “My previous home loan was two months short of meeting the five-year lock-in period …
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Penalty charges not waived