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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 67-77
  • Freddie Mac: 30-year mortgage falls to 3.89%, lowest since May 2013

    Freddie Mac: 30-year mortgage falls to 3.89%, lowest since May 2013
    The average rate for a 30-year fixed mortgage fell this week to 3.89%, an 18-month low, from 3.97% last week, according to Freddie Mac's survey of lenders. The average for a 15-year fixed-rate home loan fell to 3.1% from 3.17%. Start rates for...
  • Short sale can have grave tax implications

    By Ilyce Glink and Samuel J. Tamkin Q: I am about to close on a short sale in Atlanta and I am being told my lender is going to issue me a 1099C. Can you give me the name of a good tax person I can speak to that might be willing to help me understand...
  • Real estate broker pleads guilty to $5.5M fraud

    Real estate broker pleads guilty to $5.5M fraud
    A real estate broker who sold ritzy properties around South Florida pleaded guilty Wednesday to federal fraud charges involving more than $5.5 million. Christopher White, 44, of Fort Lauderdale, admitted that he pressured clients to send him large...
  • To afford a typical L.A.-area home, you must earn $96,513, study says

    To afford a typical L.A.-area home, you must earn $96,513, study says
    Want to comfortably own a home in Los Angeles? You’ll need a pretty hefty paycheck. That’s according to a report from mortgage research firm HSH.com, which analyzed the required salary to afford a median-priced home, if the buyer puts down...
  • It's beginning to feel a lot like tax-mess

     It's beginning to feel a lot like tax-mess
    Maybe it's time to coin a new song for the holidays, something along the lines of, "It's beginning to feel a lot like tax-mess." Like clockwork, as the holiday shopping season progresses, politicians begin to wrangle in Washington about taxes. It's...
  • RBS Layoffs Last Chapter In Toxic Asset History

    The final layoffs of workers in mortgage-backed securities at RBS are small — just 30 people in Stamford, according to a filing with the state. But for RBS, this is the final chapter for a class of asset that imploded in 2007, leading to the...
  • Holocaust survivor in legal battle

    Holocaust survivor in legal battle
    As a Holocaust survivor, Abraham Maisner, 85, of Boca Raton, has endured enough agony for one lifetime. Born in 1929 in Warsaw, Poland, Maisner was removed from his family at 10 years old and was forced to live in the Warsaw ghetto. The rest of his...
  • What to expect on community association front in 2015

    What to expect on community association front in 2015
    Another year quickly approaches, and with it come myriad challenges for community associations in Illinois. Some are ongoing and others are brand new. What are the hot topics for 2015? We asked several industry veterans to peer into their crystal...
  • DoubleLine, Pimco rival, posts 10th straight month of inflows

    Jeffrey Gundlach's DoubleLine Funds, an investment firm that has been a major rival of bond fund Pimco, reported its 10th consecutive month of inflows in November, totaling $1.16 billion, following a monthly inflow of $2.38 billion in October, the highest...
  • Questions surround IMET's decision to buy repurchase agreements

     Questions surround IMET's decision to buy repurchase agreements
    An Oak Brook investment pool, which recently disclosed a $50 million trading loss involving taxpayer money, didn't follow the same safeguards to minimize risk as similar funds in Illinois and around the country, the Tribune has found. Starting last...
  • UK mortgage approvals fall to lowest in more than a year: Bank of England

    British lenders approved the fewest mortgages since June 2013 in October but consumer lending boomed, official data showed on Monday, as shoppers' morale stayed high despite a loss of momentum in the housing market. The Bank of England said that consumer...