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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles

Displaying items 111-121
  • CIT Group, OneWest Bank say merger would be good for poor neighborhoods

    CIT Group, OneWest Bank say merger would be good for poor neighborhoods
    The chief executives of New York commercial lender CIT Group and Pasadena's OneWest Bank promised Thursday that the planned OneWest buyout would be good for poor neighborhoods, while critics said the $3.4-billion combination would create a "too big to...
  • OneWest Bank takeover deal to be debated at hearing

    OneWest Bank takeover deal to be debated at hearing
    CIT Group's $3.4-billion takeover of Pasadena's OneWest Bank will come under scrutiny today at a public-benefit hearing called by U.S. bank regulators. The Federal Reserve and the Office of the Comptroller of the Currency scheduled the hearing at the...
  • Mortgage rates climb for third straight week

    Mortgage rates climb for third straight week
    Mortgage rates climbed higher this week as lenders on average offered a 30-year fixed loan at 3.80%, up from 3.76% last week, according to Freddie Mac’s weekly survey. Rates have now increased for three straight weeks after hitting a bottom for...
  • FBC Mortgage eyes expansion after buyback

    FBC Mortgage eyes expansion after buyback
    Orlando-based FBC Mortgage LLC has plans to continue expanding nationally after it is┬áreacquired by Sal ‘Joe’ Nunziata and Rob Nunziata and other investors. The mortgage company has about 450 employees nationally and is licensed to originate...
  • Affordable housing options for low-income seniors

    Affordable housing options for low-income seniors
    Q. If my income is only $20,000 per year, can I get a subsidy toward my mortgage payments or condo maintenance payments? A. Many states offer property tax breaks to senior citizens, and at that income level you could potentially qualify for the...
  • Morgan Stanley to pay $2.6B to settle charges over mortgages

    Morgan Stanley to pay $2.6B to settle charges over mortgages
    Morgan Stanley said Wednesday that it has agreed to pay $2.6 billion to settle with the federal government over its role in the mortgage bubble and subsequent financial crisis. The settlement makes Morgan Stanley the latest Wall Street bank to reach a...
  • Foreclosures surge in Southern California, but for how long?

    Foreclosures surge in Southern California, but for how long?
    Foreclosures in Southern California hit their highest level in two years in January, according to new data out Thursday. But market-watchers say it's more a matter of lenders clearing their books than a new wave of bad loans. The number of homes...
  • Ask a Real Estate Pro: Mortgage relief act extended -- but only for 2014

    Ask a Real Estate Pro: Mortgage relief act extended -- but only for 2014
    Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. To ask him a question, visit SunSentinel.com/askpro Q: We sold our home through a short sale last year and are...
  • Find your credit information

    Your credit score and credit history are key requirements in borrowing to buy a house. Credit bureaus use varying scales to rate credit worthiness. Because of this, consumers are sometimes misled by scores higher than their FICO number, which is the one...
  • Buying a house? Mortgage terms you need to know

    When you're thinking of buying a home, it's smart to educate yourself about mortgages right from the beginning, even before you start looking at houses in earnest. There's a lot to learn, and a few terms show up so often that it's important for anyone...
  • FHA mortgage insurance rate cut to take effect Jan. 26

    FHA mortgage insurance rate cut to take effect Jan. 26
    The Federal Housing Administration on Friday spelled out details of its plan to lower mortgage insurance premiums, a day after President Barack Obama unveiled the effort to jump-start first-time home purchases. For 30-year mortgages with less than a 5...