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SEC Trials Increase 50 Percent as Execs Fight Lawsuits

Posted by mortgage 1 day 19 minutes ago (Editorial)
The U.S. Securities and ExchangeCommission, long known for settling enforcement actions withouthaving to prove its case in court, is struggling to cope with aa surge in the number of executives and companies ...

Mortgage rates hit record lows - again

Posted by mortgage 3 days ago (Editorial)
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.

Long-term mortgage rates hit new lows

Posted by mortgage 3 days ago (Editorial)
WASHINGTON, May 17 (UPI) -- Average mortgage rates for long-term, fixed-rate loans fell to record lows for the third consecutive week, the Federal Home Loan Mortgage Corp. said.
Mortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago, with an average "point" fee of 0.

Fixed Mortgage Rates Hit Record Lows Again

Posted by mortgage 6 days ago (Editorial)
MCLEAN, Va., May 17, 2012 /PRNewswire/ --
JPMorgan Chase's horrific $2 billion???and counting???loss shows that Wall Street has learned nothing from the 2008 financial crisis that brought down one-time stalwarts Lehman Brothers and Bear Stearns. What's more, the staggering loss, due to bets on complex derivatives, puts the lie to the suggestion that Wall Street need less, not more, regulation. JPMorgan's CEO ...
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 ...

Fixed mortgage rates hit new lows once again

Posted by mortgage 12 days ago (Editorial)
According to Freddie Mac, fixed mortgage rates reached new lows for the second consecutive week

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