Latest News in Refinancing Home Mortgages – Jan 29, 2009

House of cards – Toronto Sun VANCOUVER — Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to encourage spending on housing. While refinancing your mortgage at a lower interest rate … Mortgage Rates Up, Refinancing Applications Down – US [...]

Yield Spread Premium Affect Homeowners’ Mortgage Payments

Americas Watchdog Accuses Federal Reserve & Congress of Looking the Other Way On U.S. Banks and Mortgage Bankers Hiding A Huge Mortgage Kick Back Called a Yield Spread Premium That Affects 50 Million Current U.S. Homeowner’s Monthly Mortgage Payments According to Americas Watchdog, “The US Federal Reserves suggestion to clamp down on mortgage bankers, and [...]

Choosing the Right Mortgage

Remember you would not buy the first house that was offered to you, so why go with the only mortgage that is offered to you. Ask for more than one good faith quotes. See what options different lenders will give you. Be sure to ask the lender to not pull your credit report, but to [...]

Latest News in Home, Mortgages, and Loans – Dec 17, 2007

BBVA Mexico unit places first mortgage-backed debt Reuters – Last: MEXICO CITY, Dec 17 (Reuters) – The Mexican arm of Spain’s BBVA bank plans to pass $250 million worth of home loans to investors within the next few days, its first mortgage-backed debt issue in the country’s fast-growing housing industry. BBVA … Delta Financial becomes [...]

Latest News in Homes, Mortgages and Loans – Nov 2, 2007

No Ombudsman in American Home BankruptcyForbes – I think there are open issues that have not been addressed,” said Rush, who is suing American Home in federal court in Maryland for allegedly fraudulent loan practices. American Home is expected to close the sale of its mortgage servicing business to …Publ.Date : Wed, 31 Oct 2007 [...]