ResCap listed assets of $15.7 billion and debt of $15.3 billion in a petition filed today in U.S. Bankruptcy Court in Manhattan . ResCap?s Chapter 11 filing is the biggest so far this year, based on liabilities, according to data compiled by Bloomberg.
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Ally?s ResCap Files Bankruptcy, Plans Sale to Fortress
Posted by mortgage 19 hours ago (Editorial)
Law Offices of Lance Denha Discuss the Impact of the New Foreclosure Wave to Hit Everyday Borrowers
Posted by mortgage 9 days ago (Editorial)
The Law Offices of Lance Denha explains, that while Subprime loans caused the initial foreclosure wave, that now, job losses, economy will create a bigger run(PRWEB) May 14, 2012 Recent statistical data released by RealtyTrac signals a change in the type of homeowners now being affected by foreclosure. While Subprime loans prompted a foreclosure boom earlier this decade, it is widely expected ...
Fifth Third Mortgage Company to Help Consumers through Enhanced Home Affordability Refinance Program (HARP 2.0)
Posted by mortgage 23 days ago (Editorial)
Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 14th largest originator in the country announces its involvement in the government?s recent enhancements to the Home Affordability Refinance Program .
The Return of Subprime: Why Loans Are Again Going to Ailing Consumers
Posted by mortgage 41 days ago (Editorial)
The Return of Subprime: Why Loans Are Again Going to Ailing Consumers
How the National Mortgage Settlement Will Impact Communities of Color
Posted by mortgage 50 days ago (Editorial)
OAKLAND, Calif. -- The Insight Center for Community and Economic Development's Closing the Racial Wealth Gap Initiative will host a webinar on Wednesday, April 4, 2012 on how the national mortgage settlement ...
Mortgage Rates Drop Attracting Renewed Interest From Consumers According To BurlingtonMortgage.biz
Posted by mortgage 50 days ago (Editorial)
BurlingtonMortgage.biz announces that mortgage shopping is on the increase as mortgage rates fall.Wilmington, NC (PRWEB) April 03, 2012 Mortgage rates have fallen after two weeks of increases, reports mortgage rate research website, BurlingtonMortgage.biz. The lower pricing has piqued the interest of mortgage shoppers and as a result page views on the website are up fifteen percent for the week .
American Home Mortgage Servicing Implementing Verint Impact 360 Software
Posted by mortgage 51 days ago (Editorial)
Verint
Consumers Split on Mortgage Lender They Trust the Most: Banks or Credit Unions
Posted by mortgage 57 days ago (Editorial)
Consumers put the most trust in banks, slightly more than credit unions, when seeking a mortgage. Each is trusted far more than other lender types, such as government institutions, by consumers shopping for a mortgage loan, according to a recent FreeScore.com survey. Results revealed about 1 in 3 respondents trusted banks the most, and less than 1 in 3 trusted credit unions most. Surprisingly ...
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