Archive for November, 2009

U.S. takes action against Lend America - Washington Post

Monday, November 30th, 2009

CBS News

U.S. takes action against Lend AmericaWashington PostThe federal government on Monday sought to shut down the government-backed operations of Lend America, a large mortgage lender based on Long Island. …HUD Kicks Ideal Mortgage Bankers Out Of FHA ProgramWall Street JournalUPDATE 1-FHA strips Ideal and Lend America of approvalsReutersMore mortgage applicants failing to qualifyExaminer.comReverse Mortgage Daily -The Associated Press -PR Newswire (press release)all 141 news articles »

Original post by mortgage - Google News

UK Nationwide House Prices Rose for Seventh Month in November - Bloomberg

Monday, November 30th, 2009

Telegraph.co.uk

UK Nationwide House Prices Rose for Seventh Month in NovemberBloombergThe average cost of a home increased 0.5 percent last month to 162764 pounds ($266916), the mortgage lender said in a statement today. …House Prices Rise 0.5 Percent In NovNew York TimesUK House Prices Rise AgainWall Street JournalHouse prices continue to rise, says NationwideBBC NewsTimes Onlineall 60 news articles »

Original post by mortgage - Google News

Westpac Raises Mortgage Rate More Than Central Bank - Bloomberg

Monday, November 30th, 2009

Westpac Raises Mortgage Rate More Than Central BankBloomberg1 (Bloomberg) — Westpac Banking Corp., Australia's second-biggest lender, is raising its mortgage rate by almost twice as much as the central bank …

Original post by mortgage - Google News

Mortgage Delinquencies and Foreclosures Continue to Climb - ACA International

Monday, November 30th, 2009

HULIQ

Mortgage Delinquencies and Foreclosures Continue to ClimbACA InternationalThe delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 9.64 percent of all loans …Professor: Walk Away If Mortgage UnderwaterKPHO PhoenixFree mortgage help available at foreclosure prevention event Dec. 5thWestseattleherald.comBehind on Your Mortgage? Just Walk Away From It: ProfessorCNBCBenzinga -WalletPop -CBS MoneyWatch.comall 26 news articles »

Original post by mortgage - Google News

Commercial Mortgage Defaults at US Banks Reach 3.4% - Bloomberg

Monday, November 30th, 2009

Property Wire

Commercial Mortgage Defaults at US Banks Reach 3.4%Bloomberg1 (Bloomberg) — The commercial mortgage default rate on loans held by US banks more than doubled to 3.4 percent in the third quarter as vacancies rose and …US commercial property loan defaults soar-reportsReutersUS commercial mortgage default rate at 3.4%Financial TimesDubai World Holds Key to Commercial-Property RevivalWall Street JournalThe New American -24/7 Wall St. (blog) -PR Web (press release)all 33 news articles »

Original post by mortgage - Google News