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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 23-33
  • South Florida tops in mortgage fraud investigations

    South Florida tops in mortgage fraud investigations
    South Florida led the nation last year in loans investigated and verified for mortgage fraud, according to a report from LexisNexis Risk Solutions. Palm Beach, Broward and Miami-Dade counties ranked first among metro areas with 12.3 percent of loan...
  • Underwater mortgages falling as home prices rise

    Underwater mortgages falling as home prices rise
    Widespread home price increases have helped more South Floridians break free of burdensome mortgages, a new report shows. At the end of the third quarter, 43,630 homeowners in Palm Beach County owed more than their properties were worth, down 36 percent...
  • Franklin American Mortgage Music City Bowl Preview: LSU vs. Notre Dame

    SportsDirect Inc. Franklin American Mortgage Music City Bowl Preview: LSU vs. Notre Dame FRANKLIN AMERICAN MORTGAGE MUSIC CITY BOWL STORYLINES 1. A pair of teams that expected to be challenging for a spot in the National Championship Playoff will...
  • Fannie Mae, Freddie Mac to lose market share to private capital: CBO

    America's government-controlled mortgage finance giants, Fannie Mae and Freddie Mac, will likely guarantee a shrinking share of new loans over the next decade, congressional analysts said on Tuesday. During the 2007-09 financial crisis, it was almost...
  • Standard Chartered in deal to sell Hong Kong, Shenzhen consumer finance units

    Standard Chartered is selling its Hong Kong and Shenzhen consumer finance businesses to a consortium that includes a Chinese state firm, in the biggest asset disposal by the emerging markets-focused lender as part of a restructuring. In what is...
  • Bank of America fails two mortgage settlement tests

    CHARLOTTE, N.C. Bank of America has failed two of 31 tests designed to see whether it is complying with a national mortgage settlement's rules, a report Tuesday from the settlement's watchdog shows. The tests involve sending pre-foreclosure letters to...
  • Advocacy group protests CIT Group deal for OneWest Bank

    Advocacy group protests CIT Group deal for OneWest Bank
    National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved. News of the loss coverage, part of a Freedom of...
  • Standard Chartered to sell Hong Kong consumer business to Pepper-linked consortium: sources

    Standard Chartered has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with knowledge of the deal...
  • New down-payment considerations for 1st-time buyers

    First-time homebuyers now have more options when it comes to getting a mortgage with a low down payment. The only question is how many of those buyers — who tend to be young, often in their early 30s — will actually benefit from the loans....
  • Here comes another mortgage binge

    Here comes another mortgage binge
    Plenty of people who go on wild drinking binges end up with sound reasons to avoid repeating the experience: painful hangovers, lasting embarrassment, ruined relationships, encounters with police. But that doesn't stop some of them from doing it again....
  • Florida tops in foreclosures again, 13 of last 14 months

    Florida tops in foreclosures again, 13 of last 14 months
    A year and a half after the Florida Legislature approved a foreclosure-streamlining measure, the state continues to lead the nation for its rate of home repossessions. In November, Florida further cemented its position as No. 1 in the country for...