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Who is locked into a mortgage and how can they escape?
Ally Financial Inc., the government-owned lender that may seek bankruptcy protection for its struggling mortgage business, posted a $310 million profit in the first quarter driven by solid auto-finance results and improvements in its mortgage operations.
Company Extends its Highly Regarded Loan Servicing to Community and Other Smaller Banks Looking to Find a Long-term Home for Their Mortgages ? Well-Known Joe Collins to Lead New DivisionPlano, TX (PRWEB) April 25, 2012 Guardian Mortgage Company, a boutique local lender that is flourishing in this market environment, today announced that it is extending its highly regarded mortgage loan ...
JACKSONVILLE, Fla., April 24, 2012 /PRNewswire/ -- Lender Processing Services, Inc. (LPS), a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, ...

Mortgage relief scams are on the rise

Posted by mortgage 27 days ago (Editorial)
With more than $3 billion in estimated losses nationwide last year, mortgage relief scams are at an all-time high.
NAIROBI (Reuters) - Kenya's Housing Finance posted an 11 percent rise in first-quarter pretax profit to 190 million shillings, a sharp slowdown from the 66 percent growth achieved a year ago as higher interest rates curbed demand for mortgages. Kenya's sole specialist mortgage lender, commanding 31 percent of the total 17,000 mortgage accounts, said on Tuesday sales fell 38 percent to 2 b
Home Capital, the Toronto-based mortgage lender, is targeting the $200-billion non-prime mortgage market in Canada. BNN interviews Martin Reid, president at Home Capital, discusses the risks and opportunities in the nonprime mortgage market
Mortgage Network, Inc., an industry leading independent mortgage lender, today announced the results of their March 2012 Customer Satisfaction Survey showing that over 99% of March?s borrowers would use Mortgage Network again.
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