JPMorgan's Home-Loan Debt in Europe Increases Anxiety: Mortgages - Bloomberg

JPMorgan's Home-Loan Debt in Europe Increases Anxiety: Mortgages
Bloomberg
(JPM)'s holdings of home-loan bonds from outside the US soared 35-fold in the past three years. Now, with its chief investment office facing scrutiny after a $2 billion trading loss, investors are raising concern the European market's biggest buyer ...

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Cut in USDA rural development loan program may hurt Louisiana towns - NOLA.com

NOLA.com

Cut in USDA rural development loan program may hurt Louisiana towns
NOLA.com
By Rebecca Mowbray, The Times-Picayune A number of suburban New Orleans communities may be declared ineligible to participate in a popular government-backed rural home loan program this fall, limiting mortgage options for prospective homebuyers.


National Housing Fund: Banks, insurers owe N8.6trn in 5 years - Vanguard

National Housing Fund: Banks, insurers owe N8.6trn in 5 years
Vanguard
The Federal Mortgage Bank of Nigeria (FMBN) was empowered by the NHF Act to manage and administer the Fund to ensure that proceeds are utilised to finance the housing sector of the economy through wholesale mortgage lending to primary mortgage ...


Pick home loan scheme that meets your needs - Economic Times

Moneycontrol.com

Pick home loan scheme that meets your needs
Economic Times
A home loan is most often a large, long-term loan. The repayment of a home loan usually runs over a long duration - of at least 10 years and more. It can even be over 15 years in many cases. Therefore, it is very important to choose the right home loan ...
Banks may face an exodus after new switching reformsCourier Mail
Eurozone fears for UK mortgage ratesFinancial Times

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Montly loan payments may drop $150 - Perth Now

Montly loan payments may drop $150
Perth Now
Based on a standard variable mortgage rate of 7.03 per cent, an average home loan of $300000, and a cut of 0.75 per cent, Dr Oliver said home owners could expect to save around $125 a month. Financial comparison website RateCity estimates a quarter per ...

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Mortgage market freezes up as Santander scales back on lending - Telegraph.co.uk

Telegraph.co.uk

Mortgage market freezes up as Santander scales back on lending
Telegraph.co.uk
A mortgage drought is pushing Britain's housing market deep into crisis, driven by one major bank, Santander, significantly reducing its lending to home buyers. By Rosie Murray-West A mortgage drought is pushing Britain's housing market deep into ...

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Loans at lower rates, harder to get - MENAFN.COM

Bloomberg

Loans at lower rates, harder to get
MENAFN.COM
"I've probably done more 15-year mortgages in the last year than I've done my whole career." Ruth Menz of Sidney, a housing counselor, is refinancing her home loan for the second time. When she built her house seven years ago, the interest rate was ...
MGIC sues Freddie Mac in insurance dispute4-traders
Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.79%Bloomberg
Mortgage Rates Are Still Low, and That's Good for REITsDailyFinance
San Antonio Business Journal
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US home loan regulator opposes California foreclosure bills - Los Angeles Times

AllGov

US home loan regulator opposes California foreclosure bills
Los Angeles Times
SACRAMENTO -- A pair of controversial bills in the California Legislature that would give homeowners more rights to fight foreclosures is being opposed by the nation's principal home loan regulator. The Federal Housing Finance Agency on Tuesday ...
Federal OK gives program more value for families facing foreclosureThe Salinas Californian

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Increasing Mortgage Rates Threaten Thousands of Brits with Home-Loss - Houston Chronicle

Mirror.co.uk

Increasing Mortgage Rates Threaten Thousands of Brits with Home-Loss
Houston Chronicle
RoadFish.com men's lifestyle and finance magazine today expressed concern for its friends in the UK dealing with the Eurozone crisis, especially after a recent report stated that over 100000 families in the UK could lose their homes if mortgage prices ...
On a knife-edge: 100000 families could lose their homes if mortgage rates rise ...Mirror.co.uk

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Wells Fargo Dominates Home Lending as BofA Retreats: Mortgages - Bloomberg

Bloomberg

Wells Fargo Dominates Home Lending as BofA Retreats: Mortgages
Bloomberg
The lender is dominating mortgage markets as housing shows signs of bottoming after a six-year slump and homeowners benefit from record-low borrowing costs. Wells Fargo, also the biggest home-loan servicer, posted $2.9 billion in mortgage-banking ...
Wells Fargo increases mortgage dominanceReuters
Analyst: Wells Fargo's 34% mortgage share troubles regulatorsLos Angeles Times
Tipping Point for HousingBarron's

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