Six federal home loan banks are seeking to join a case in which a judge will decide whether to approve an $8.5 billion settlement by Bank of America Corp. with Bank of New York Mellon Corp. over mortgage-securitization trusts. AD: Helping Midsize Businesses Fuel Innovation Helping Midsize Businesses Fuel Innovation Take an interactive tour to discover how customized IBM solutions can help ...
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Home loan banks seek voice in Bank of America mortgage settlement
Posted by mortgage 315 days ago (Editorial)
Mortgage rates fall: 30-year at 4.51 percent; 15-year at annual low of 3.65 percent
Posted by mortgage 315 days ago (Editorial)
Still, low mortgage rates and depressed home values have done little to revive the struggling housing market.
Bankrate: Mortgage Rates Change Course
Posted by mortgage 315 days ago (Editorial)
Mortgage rates moved lower this week with the benchmark conforming 30-year fixed mortgage rate now 4.69 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.36 discount and origination points.
Mortgage Rates Fall Back After Spike
Posted by mortgage 315 days ago (Editorial)
Mortgage rates eased back last week, after spiking sharply the week before, but the lower rates failed to stir much interest among consumers, as mortgage applications fell for the fourth
'Billionaire bottom-feeder'' is Sixers owner
Posted by mortgage 315 days ago (Editorial)
Harris and his Apollo colleagues made a killing from the subprime mortgage bubble and the bank bailouts
Mirabile Dictu! SEC Prods Banks Over Mortgage Litigation Reserves
Posted by mortgage 315 days ago (Editorial)
When the SEC wakes up and starts acting like a regulator, you know something serious is afoot. The Wall Street Journal reports that the securities agency, spooked by Bank of America setting aside over $20 billion for mortgage-related liability, has sent letters to "a number of banks" asking them to do a better job of disclosing what their legal liability is (the elephant in the room is of course
Mortgage rates ease again on rising unemployment
Posted by mortgage 315 days ago (Editorial)
If you're strong enough financially to qualify for a home loan, the latest round of bad economic news has done you a favor: Mortgage rates have fallen again, Freddie Mac said in its latest weekly survey.
Mortgage rates fall to labor pains
Posted by mortgage 315 days ago (Editorial)
As the U.S. labor market stalls and debt bedevils Europe, mortgage rates tumble.
Mortgage How to Get is an informational resource about mortgage news and information.