Latest Mortgage Loans news:

Michelle Singletary: Back-to-basics theme anchors program for mortgage assistance
The Neighborhood Assistance Corporation of America is doing something that should have been done a long time ago. The nonprofit advocacy organization is in the second day of a free five-day Save the Dream of Homeownership event in Washington where people can get immediate help restructuring their troubled mortgage loans.
Read more News Source - The Indianapolis Star
Publish date - 06:08:12 07/20/08

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Families turn to loans and credit cards to cover mortgage bills
More than four million households have resorted to personal loans or credit cards to cover mortgage or rent payments in the past year.
Read more News Source - Times Online
Publish date - 22:34:18 07/17/08

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N. Huntingdon man charged with fraud in mortgage loans
A North Huntingdon man is charged with diverting nearly $1 million in mortgage loans for his own use.
Read more News Source - Pittsburgh Post-Gazette
Publish date - 21:02:24 07/17/08

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Ohio lenders fret homeowners will abandon loans
COLUMBUS, Ohio (AP) - Mortgage experts are worried about the next wave of problems with the troubled mortgage industry - people who are considering walking away from their home loans even though they aren't behind on payments.
Read more News Source - FOX 19 Cincinnati
Publish date - 16:16:22 07/19/08

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Mortgage market weathers storms
The tribulations of Fannie Mae, Freddie Mac and IndyMac Bank have dominated headlines for more than a week, but the mortgage industry is more or less thumping along at the rate it was before the market went into convulsions. Home loan applications are up,...
Read more News Source - San Francisco Chronicle
Publish date - 07:20:31 07/20/08

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Personal Finance Daily: Mortgage lenders are sobering like it's 1979
The turmoil in the financial sector, compounded by the troubles of Fannie Mae and Freddie Mac, has made getting a mortgage these days tougher than it has been in decades. Squeamish lenders, with plenty of potentially poor-performing loans already on their books, are not about to take any chances in extending credit today, especially with home prices soft in so many cities. ...
Read more News Source - Market Watch
Publish date - 17:33:07 07/18/08

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British mortgage lending sags in June
Britons took out 23.8 billion pounds in mortgage loans in June, the smallest amount for two years, official figures showed Friday.
Read more News Source - AP via Yahoo! Finance
Publish date - 13:05:29 07/18/08

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When Scott Almeida walked out of federal prison and into the mortgage business, he took a gamble
When Scott Almeida walked out of federal prison and into the mortgage business, he took a gamble. He admitted on his license application that he had been convicted of cocaine trafficking.
Read more News Source - Miami Herald
Publish date - 07:23:59 07/20/08

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California says Countrywide rewarded staff for risky loans
California officials have expanded a lawsuit against Countrywide Financial, adding allegations that the mortgage lender rewarded staff for selling risky loans.
Read more News Source - USA Today
Publish date - 04:29:52 07/18/08

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Mint Adds Support For Mortgage And Loan Tracking
Mint, the popular personal finance site that won TechCrunch 40, has further expanded its services by introducing support for mortgage and loan tracking. Users will now be able to keep tabs on their loans from over 1,000 supported institutions. In addition to the mortgage and loan tracking, Mint also monitors users’ savings [...]
Read more News Source - TechCrunch
Publish date - 01:38:37 07/19/08

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AIG United Guaranty supports new mortgage guarantee provisions
Canada's second-largest private mortgage insurer, AIG United Guaranty Canada, confirmed today that it supports the new policy provisions announced by the Department of Finance for loans that are default insured under the Government of Canada Guarantee.
Read more News Source - Investment Executive
Publish date - 20:56:55 07/18/08

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Federal mortgage relief bill almost done
After six months of haggling and political gamesmanship, a massive housing relief bill is heading for final approval. The centerpiece is a $300 billion ''HOPE'' program designed to provide refinancing lifelines to as many as 400,000 homeowners in deep trouble on their current loans.
Read more News Source - Miami Herald
Publish date - 08:01:19 07/20/08

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FOCUS: Industry Divisions Make UK Mortgage Market Fix Harder
LONDON -(Dow Jones)- Divergent views and conflicts of interest within the U.K. mortgage industry are hampering efforts to increase the availability of loans to potential home buyers.
Read more News Source - Nasdaq
Publish date - 11:20:16 07/18/08

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Real-state agent convicted of mortgage fraud
An Englewood real estate agent has been convicted by a federal jury in Denver of fraud and witness tampering in a scheme to cheat mortgage companies that fund federally insured loans, U.S. Attorney Troy Eid said Friday.
Read more News Source - Denver Business Journal
Publish date - 20:29:48 07/18/08

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Westmoreland Co. mortgage broker accused of fraud
Federal prosecutors say a Westmoreland County man diverted nearly $1 million in mortgage loans for personal use.
Read more News Source - Centre Daily Times
Publish date - 05:06:35 07/18/08

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