Worried about job? Nova plan covers mortgage for 6 months – Daily Territorial
Just like the auto companies who are promising to help buyers with payments if they lose their jobs, Nova Home Loans this week will unveil a mortgage protection plan that will cover mortgage payments for up to six months if the mortgagee can?t pay …
Commercial Mortgage Delinquencies in U.S. Rise to 11-Year High – Bloomberg
May 7 (Bloomberg) — Commercial mortgage delinquencies in the U.S. climbed to the highest level in at least 11 years in April as scarce credit made it difficult for landlords to refinance loans, according to property research firm Trepp LLC. The …
New Mortgage Help Incentives Outlined – Post Chronicle
U.S. Cabinet officials revealed changes to a foreclosure prevention plan, such as incentives for lenders helping borrowers even if they lose their homes. The $75 billion Making Home Affordable program focuses on paying lenders to work with at-risk …
Paying a little extra can save money on home mortgage – Tulsa World
Dear Action Line: What are some ways to bring down mortgage payments without refinancing? ? L.T., Broken Arrow. Bankrate.com is a good source of information on everything from credit card rates to mortgage rates. Here are its tips on saving money …
New appraisal rules create added costs, sea change in industry – Arlington He…
WASHINGTON – How about this scenario the next time you refinance or apply for a new mortgage: The real estate appraisal that used to cost you $325 now costs $450, even though the appraiser doing the work is only getting $175 or $200. Plus, your …
Lawsuit alleges that loan originator stole money from a client – New Orleans …
A lawsuit filed in civil district court in New Orleans accuses a loan originator and branch manager at Allied Home Mortgage Capital Corp. of stealing money during a mortgage refinance and then conspiring with their employer to cover it up. The suit …
FHA or Loan Modification – WebWire
Protect yourself by making sure the FHA loan refinance isn?t going to increase the amount of negative equity or increase your monthly payment even if the interest rate is lower. Most mortgage companies will not make such recommendations and will …
NOVA Home Loans Launches Mortgage Protection Plan That Offers Safety … – E…
TUCSON, Ariz. , May 11 /PRNewswire/ — NOVA Home Loans proudly announces the launch of its SafeHouse Mortgage Protection Plan. In today’s economic landscape, many are interested in buying or refinancing a home, but are concerned that their jobs may …
Mortgage rates rise, shy of record low – KTNV
WASHINGTON (AP) – Rates on 30-year mortgages inched up this week after matching an all-time record low a week earlier. Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages rose to 4.84% this week, down …
Guest column: Do your research on home mortgages – Green Bay Press-Gazette
We hear of Freddie Mac this and Fannie Mae that, but who or what is Freddie Mac and Fannie Mae? These terms have become more common household names over the last year, but do consumers understand why these guests should be listed No. 1 for their next …
