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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 78-88
  • Out of foreclosure, Coral Springs mayor takes up fight for better banks

    Out of foreclosure, Coral Springs mayor takes up fight for better banks
    The city's mayor is out of foreclosure, and he said the experience was so awful he is now mulling becoming an activist. Last year, Citimortgage Inc. — the company Vince Boccard refinanced his mortgage with — filed for foreclosure. He said...
  • Trial of Pippen's ex-adviser drawing to a close

    Trial of Pippen's ex-adviser drawing to a close
    Scottie Pippen's onetime financial adviser took advantage of his client's celebrity status to convince a suburban bank to approve a $1.4 million loan that he later used to pay off personal debts, prosecutors told a federal jury Thursday. Robert Lunn is...
  • Refinance HELOC well before expiration, or expect trouble

    Refinance HELOC well before expiration, or expect trouble
    By Ilyce Glink and Samuel J. Tamkin Q: My husband and I took out a home equity line of credit in 2004 at the height of the economic boom with a major bank. This bank also holds our first mortgage. Of course we expected to pay it back before the 10-...
  • Freddie Mac: Average 30-year mortgage rate drops to 4.19%, from 4.2%

    Freddie Mac: Average 30-year mortgage rate drops to 4.19%, from 4.2%
    Mortgage-rate trends were mixed early this week, Freddie Mac said, with lenders offering a 30-year fixed loan at an average of 4.19%, down from 4.2% a week earlier. The average rate for a 15-year fixed loan was unchanged at 3.36%. Loans that become...
  • Mary M. "Margie" Adams, office manager

    Mary M. "Margie" Adams, office manager
    Mary M. "Margie" Adams, who worked for a mortgage origination company and was a physical fitness enthusiast, died Friday at her Sparks home of a massive heart attack. She was 49. The daughter of Dr. Hector F. DiNardo Jr., a dentist, and Margaret Meekins...
  • Shares of Fannie Mae, Freddie Mac plunge after lawsuit dismissed

    Shares of Fannie Mae, Freddie Mac plunge after lawsuit dismissed
    Shares of Fannie Mae and Freddie Mac plunged Wednesday after a judge threw out an investor lawsuit that sought to stop the government from requiring the mortgage finance companies to pay a quarterly dividend to the Treasury. The common shares of the...
  • Weak home sales create a market full of unknowns

    Weak home sales create a market full of unknowns
    There's still a ways to go before 2014's housing market wraps up, but industry watchers are already looking ahead to next year. So, too, are potential buyers and sellers who decided to sit this year out. Last week, the Illinois Association of Realtors...
  • Drayman's payments lowered

    Former Councilman John Drayman's monthly $1,000 restitution payments to the victims he embezzled from were reduced by more than half after financial evaluators showed he wasn't earning much income, though a Los Angeles Superior Court Judge told him this...
  • Not all the dots connect on new Quinn attack ad against Rauner business deal

    Not all the dots connect on new Quinn attack ad against Rauner business deal
    Gov. Pat Quinn on Monday launched a new ad attacking a business deal of Republican challenger Bruce Rauner, though the dots the Democrat uses to attack the Republican don’t necessarily connect. The new ad focuses on HomeBanc Mortgage Corp.,...
  • The jury in a mortgage case finally strikes back at fraudulent bankers

    Given the government's failure to bring criminal cases against bankers and other Wall Street figures for collapsing the U.S. economy in 2008, it's been left to the little guy to strike back.  To be precise, one federal jury in Sacramento, which...
  • After you split and move out, overdue tax can hurt you

    After you split and move out, overdue tax can hurt you
    Q: My husband and I separated in November 2013. I have to wait until November to file for an official divorce. I just got a notice in the mail that the property where my husband is living has property taxes overdue. I have a signed separation...