Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market. Thursday?s announcement brings an end to ?
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5 Big Banks, States Agree on $25 Billion Home Mortgage Deal
Posted by mortgage 102 days ago (Editorial)
States where people carry the most mortgage debt
Posted by mortgage 114 days ago (Editorial)
How much residents of each state owe on their mortgages is an interesting statistic. For the most part, residents of the states with the highest average mortgage debt are not in trouble.
Ten States With the Worst Mortgage Debt
Posted by mortgage 120 days ago (Editorial)
A look at the 10 U.S. states whose residents have the highest average mortgage debt.
Which states have the highest rates of foreclosure?
Posted by mortgage 280 days ago (Editorial)
Nevada and California had the highest rates of foreclosure in July. See if your state made the list.
Zeus Mortgage Named One of the 2011 Leading Providers of the Southeastern United States
Posted by mortgage 322 days ago (Editorial)
Zeus Mortgage, a leading mortgage lender, today announced it has officially been selected by Forbes magazine as one of the leading mortgage providers of the Southeastern United States in the reputable publication?s annual ?2011 Investment Guide.?
GMAC Mortgage Expands Hardest Hit Fund Support to Include All Participating States
Posted by mortgage 364 days ago (Editorial)
GMAC Mortgage, the mortgage subsidiary of Ally Financial Inc., today announced that it has signed contracts with all 19 states participating in the Hardest Hit Fund . The program was established to provide targeted aid to homeowners in states hit hard by the economic and housing market downturn.
America's Worst States For Mortgage Fraud
Posted by mortgage 379 days ago (Editorial)
Florida leads the pack for highest number of mortgage fraud reports in 2010, according to the LexisN
Bank of America will delay foreclosures in 23 states
Posted by mortgage 597 days ago (Editorial)
Another major mortgage lender is acknowledging that it may have been overeager to force borrowers out of their homes.
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