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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 12-22
  • Not all buyers benefit from lower FHA interest rates

    If you saw the White House announcement of lower insurance payments on Federal Housing Administration home mortgages earlier this month, you might have wondered: Does this matter to me as a potential home buyer or refinancer? Who specifically will benefit...
  • 'Americons,' about predatory lending, piles on the filler

    'Americons,' about predatory lending, piles on the filler
    "Americons" aims to expose predatory mortgage lenders the way "The Wolf of Wall Street" did pump-and-dump stockbrokers. Former football player Jason (Beau Williams, who also penned the screenplay) works as a nightclub bouncer to make ends meet until...
  • City National deal: A happy union of 2 thriving banks

     City National deal: A happy union of 2 thriving banks
    California, with its booming wealth and population, has always been a fertile place to grow a bank — as in 1904 when Amadeo Giannini founded Bank of America, then called Bank of Italy, to serve immigrant dockworkers. It may be an even better place...
  • Standard& Poor's settles with US government, 2 states over ratings on mortgage bonds

    Standard & Poor's agreed on Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities. In its first enforcement action against a major rating agency, the Securities and...
  • Different housing markets, politics, multiple bond markets all complicate ECB stimulus effort

    Big bang or disappointment? Markets are waiting to see just how much financial firepower the European Central Bank will unleash Thursday, when it is expected to announce large-scale purchases of government bonds with newly printed money to stimulate a...
  • Mortgage rates are lowest since 2013

    Mortgage rates are lowest since 2013
    Mortgage rates declined for the third straight week, with lenders on average offering 3.63% on a 30-year fixed loan, Freddie Mac reported Thursday. The mortgage finance giant said that this week's rate for a 30-year mortgage fell from 3.66% last week...
  • Mortgage rates fall to lowest level since May 2013

    Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further...
  • Elizabeth Warren: Supreme Court decision could put fair housing at risk

    The Supreme Court appears poised to continue its systematic assault on our core civil rights laws. After gutting the Voting Rights Act just two years ago, the court set its sights on our country's fair housing laws when it heard oral arguments Wednesday...
  • Wells Fargo, JPMorgan Chase ordered to pay $35.7 million in Md. mortgage kickback scheme

    Wells Fargo, JPMorgan Chase ordered to pay $35.7 million in Md. mortgage kickback scheme
    Wells Fargo and JPMorgan Chase would pay $35.7 million for participating in a mortgage kickback scheme with a now-defunct Owings Mills-based title company under a federal consent order filed Thursday, the Consumer Financial Protection Bureau and...
  • Orlando underwater-mortgage rate among highest

    Orlando underwater-mortgage rate among highest
    More than a quarter of the owners of mortgaged homes in Metro Orlando were stuck in underwater houses last quarter — one of the highest rates nationally, a new report shows. The good news for Orlando is that it could be worse. Neighboring Polk...
  • 'Americons' revisits the mortgage meltdown on an indie film budget

    Take away the high-wattage stars, the staggering budget and the celebratory nature of the thievery, and "The Wolf of Wall Street" would look something like "Americons," an indie parable about greed, high-living and wrongdoing that led to the real estate/...