Tag Archives: mortgage news

Enlarge image Citigroup ‘Defrauded’ Fannie, Freddie, Whistle-Blower Claims A CitiBank sign is reflected in a window, in New York. Robert Caplin/Bloomberg A CitiBank sign is reflected in a window, in New York. Robert Caplin/Bloomberg Citigroup Inc. (C), which last week … Continue reading →

Enlarge image Wall Street Crowds Into Trader Joe’s for Bond Deals Francis Specker/Bloomberg Morgan Stanley is selling about $1 billion of commercial mortgage-backed securities with five of the 10 largest loans tied to retail buildings, including specialty supermarket Trader Joe’s … Continue reading →

The collapse in housing and the 33 percent plunge in house prices since 2006 are favoring renting over homeownership. This trend will dominate the housing market for the next four or five years, and put additional pressure on a weak … Continue reading →

By Leos Rousek TODAY’S CALENDAR Local/GMT N/A Hungary’s new scheme for fixing forint exchange regime for holders of household mortgages set in other currencies 1000/0900 Czech CFA (Chartered Financial Analyst) Institute economic outlook for 2012 1130/1030 Hungary 3-month treasury bill … Continue reading →

Rates for 30- and 15-year fixed mortgages have remained unscathed since hitting record lows in early February, according to report released today from ForTheBestRate.com, a mortgage rate research website maintained by CMG Equities, LLC. Thirty-year fixed interest rates remain at … Continue reading →

The collapse in housing and the 33 percent plunge in house prices since 2006 are favoring renting over homeownership. This trend will dominate the housing market for the next four or five years, and put additional pressure on a weak … Continue reading →

Examiner.com is the inside source for everything local. We are powered by Examiners, the largest pool of passionate contributors in the world. Examiners provide unique and original content to enhance life in your local city wherever that may be. Examiners … Continue reading →

(MoneyWatch)  The nation’s banks are looking at a robo-signing problem with commercial real estate which may dwarf the one for home mortgages, according to a new study. Research by Harbinger Analytics Group shows the widespread use of inaccurate, fraudulent documents … Continue reading →

The highest court in Massachusetts is poised to rule as soon as this month on a foreclosure case that could lead to a surge in claims from home owners seeking to overturn seizures. The justices are deciding whether to uphold … Continue reading →

The UK’s major high street lenders have made it almost impossible for thousands of homeowners on interest-only mortgages to move home. The new, stricter rules on lending criteria, also mean very few new borrowers will qualify for an interest-only product. … Continue reading →