Detroit— Auto and mortgage lender Ally Financial Inc. swung to a $310 million net profit in the first quarter of the 2012, compared to a net loss of $206 million in the prior quarter and net income of $146 million for the first quarter of 2011.
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Ally Financial reports first quarter profit of $310M
Posted by mortgage 27 days ago (Editorial)
Bank reports point to a healing housing market
Posted by mortgage 37 days ago (Editorial)
Bank reports point to a healing housing market Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 02:16
Wells Fargo reports higher profit on mortgage gains
Posted by mortgage 39 days ago (Editorial)
(Reuters) - A surge in mortgage banking income lifted Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concern that the bank is falling behind on its drive to cut expenses. Wells Fargo, the fourth largest U.S. bank and the country's biggest mortgage lender and servicer, said on Friday that net income increased to $4.25 billion, or 75 cents a share, from $3.76
Homes.org Releases Mortgage Rates Update - Mixed Economic Reports Affect Mortgages
Posted by mortgage 46 days ago (Editorial)
Home buyers and sellers can get the latest mortgage interest rate information in the new Homes.org weekly mortgage report. The report provides analysis on today's mortgages, economic activity, what is effecting mortgage rates and forecasts for movements in the market.(PRWEB) April 07, 2012 The mixed results of last week's economic reports helped keep mortgage rates from climbing as predic
Mortgage Rates Drop After Downbeat Housing Reports
Posted by mortgage 55 days ago (Editorial)
Mortgage rates declined over the past week following disappointing readings on the U.S. housing market, according to Freddie Mac's weekly survey of mortgage rates.
Homebuyers Can Generate Detailed Mortgage Amortization Reports Online At MyMortgageCalculator.org
Posted by mortgage 63 days ago (Editorial)
Homebuyers can now use the Mortgage Payment, Mortgage Affordability, and Rent vs. Buy Calculators online at MyMortgageCalculator.org for free and instantly generate sophisticated and detailed reports with graphical presentation materials,New York, NY (PRWEB) March 21, 2012 Homebuyers can now use the Mortgage Payment, Mortgage Affordability, and Rent vs. Buy Calculators online at ...
Home builder D.R. Horton reports breach of website, theft of mortgage applicants' information
Posted by mortgage 95 days ago (Editorial)
Executives said they have contacted police and are continuing to investigate.
Reports: 4 traders to be charged over subprimes
Posted by mortgage 112 days ago (Editorial)
Federal prosecutors are expected to file charges against former Credit Suisse traders over subprime mortgage mess of 2008
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