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 21 hours ago (Editorial)
Fight for deposits pushing up mortgage rates, says Clyne
Posted by mortgage 21 hours ago (Editorial)
European debt crisis is no longer to blame for higher Australian mortgage rates, according to NAB chief executive Cameron Clyne.
Fight for deposits 'pushing up mortgage rates'
Posted by mortgage 21 hours ago (Editorial)
European debt crisis is no longer to blame for higher Australian mortgage rates, according to NAB chief executive Cameron Clyne.
New Record Low Set By Fixed Mortgage Rates According to ForTheBestRate.com
Posted by mortgage 21 hours ago (Editorial)
ForTheBestRate.com announces that fixed rate mortgage pricing reached a new historic low point with average 30 year fixed pricing falling even farther below 4 percent.Wilmington, NC (PRWEB) May 22, 2012 Mortgage rates for fixed rate home loan programs fell for the fourth consecutive week, dropping on average to new record lows, reports mortgage rate research website, ForTheBestRate.com. On ...
New low for mortgage rates: 3.83%
Posted by mortgage 13 days ago (Editorial)
Bloomberg News reports: Mortgage rates fell to another all-time low Thursday, dropping to 3.83 percet for 30-year fixed loans. That's down from 3.84 percent last week, according to Freddie Mac. Rates on 15-year fixed loans declined to 3.05 percent from 3.07.
New Record Low Set by Falling Fixed Mortgage Rates, According to ForTheBestRate.com
Posted by mortgage 16 days ago (Editorial)
ForTheBestRate.com announces that mortgage pricing fell for the second consecutive week, reaching new historic low points for fixed rate products.Wilmington, NC (PRWEB) May 07, 2012 Mortgage rates were down on average this week, reports mortgage rate research website, ForTheBestRate.com. This represents a second week of falling home loan pricing, with 30 year fixed and 15 year fixed programs ...
New iPad app makes it easier to find perfect new home or condo
Posted by mortgage 29 days ago (Editorial)
New Home Buyers Network launches Canada's first new construction listings app; homebuyers can search over 6,000 new homes and condos, view floor plans, calculate mortgage payments, and moreTORONTO, April ...
New lender joins mortgage scheme
Posted by mortgage 37 days ago (Editorial)
A fourth bank has signed up to the government?s Newbuy mortgage indemnity scheme, just weeks after the project came under fire for its failure to attract enough lenders.
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