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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 34-44
  • 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...
  • 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...
  • 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....
  • The Mortgage Professor: Forget the homeownership rate. It's the process that matters

    Because of the widespread belief that homeownership is valuable, the recent decline in the homeownership rate has generated some dismay. The rate, which had peaked at 69.1 percent in 2005, shortly before the financial crisis, has since fallen to 64.8...
  • Bank of Canada says housing-market crash not in the cards

    The Bank of Canada does not foresee the sort of sharp rise in joblessness or mortgage rates that would trigger a major housing market correction, Governor Stephen Poloz said on Thursday. Speaking to reporters in New York a day after the central bank said...
  • Average 30-year mortgage rate rises to 3.93 percent

    Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers. Mortgage company Freddie Mac said Thursday that the nationwide average for...
  • Regulator directs Fannie, Freddie to fill affordable housing fund

    Regulator directs Fannie, Freddie to fill affordable housing fund
    Fannie Mae and Freddie Mac's regulator on Thursday directed the two government-controlled mortgage firms to begin setting aside money for an affordable housing fund established in 2008. Fannie Mae and Freddie Mac's regulator on Thursday directed the two...