Archive for February, 2009

Mortgage bargains a mirage - Denver Post

Saturday, February 28th, 2009

Mortgage bargains a mirageDenver Post, COBy James Sterngold Brian Wickert, a mortgage banker in Butler, Wis., prides himself on screening applicants carefully. That's why he was stunned when a customer who sailed through four home loans tried to do a refinancing in January, …

Original post by mortgage - Google News

Broker use of e-mail may endanger mortgage data - San Francisco Chronicle

Saturday, February 28th, 2009

Broker use of e-mail may endanger mortgage dataSan Francisco Chronicle,  USASeldom is so much private financial information packaged so neatly as when you apply for a mortgage. Yet a recent survey suggests that not all lenders may be handling that material as carefully as they should. The survey, conducted late last year by …

Original post by mortgage - Google News

Mortgage companies holding insurance checks - Galveston County Daily News

Saturday, February 28th, 2009

Mortgage companies holding insurance checksGalveston County Daily News, TXBut almost five months after Hurricane Ike filled the house with nearly 5 feet of salty floodwater, the Lopezes were still waiting for the mortgage company to send them the first installment of funds to go toward repair. So many storm victims have had …

Original post by mortgage - Google News

Obama's tax plan will hit Silicon Valley hard - San Jose Mercury News

Saturday, February 28th, 2009

Obama's tax plan will hit Silicon Valley hardSan Jose Mercury News,  USAThat's because there are more people here who earn high incomes, and the plan would take more of their income in taxes while cutting back on one of the few deductions available to them — mortgage interest. "Long term, there is going be some pain …

Original post by mortgage - Google News

Mortgage rates are low, but fees aren’t - Youngstown Vindicator

Saturday, February 28th, 2009

Reuters

Mortgage rates are low, but fees aren’tYoungstown Vindicator, OHNew rules by Freddie Mac and Fannie Mae are upping the fees for borrowers with less than perfect credit, those in the mortgage industry say. Other increased costs reflect the uncertainty in the mortgage market, as lenders try to reduce their risk and …Low Mortgage Rates a Mirage as Fees Climb, Eligibility Tightens BloombergMortgage Rates Mostly Flat as Activity Varies TheStreet.comMake the most of rare refi opportunity Seattle TimesPort Huron Times Herald - Bizjournals.comall 148 news articles

Original post by mortgage - Google News