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Low-ball appraisal: Mortgage denied

Posted by mortgage 55 days ago (Editorial)
You find the home of your dreams. You're pre-approved for a mortgage. You've scheduled the closing. Then ... the appraisal comes in too low and the deal blows up.
OAKLAND, Calif. -- The Insight Center for Community and Economic Development's Closing the Racial Wealth Gap Initiative will host a webinar on Wednesday, April 4, 2012 on how the national mortgage settlement ...
Securities regulators may hit the investment bank with a new lawsuit tied to the company's sale of mortgage-backed securities

US Mortgage Applications Picked Up Last Week

Posted by mortgage 50 days ago (Editorial)
Applications for U.S. home mortgages gained last week after seven straight weeks of declines, helped by a jump in purchase demand as interest rates retreated, an industry group said on Wednesday.
A Florida mortgage broker is fighting to get banks to change their policies that require homeowners to default before they?ll allow a short sale, Al Lewis reports.
Over the past several weeks I have been hearing a variety of comments about the littlest of the zombie dance queens, namely Ally Financial.
A financial company that is betting on a Detroit turnaround is trying to lure laid-off Yahoo workers to Michigan.
With the financial industry recovering and fee income reduced by new regulations, lenders are seeking to woo back less creditworthy borrowers.
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Mortgage How to Get is an informational resource about mortgage news and information.