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News :

Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
Carolina -- 6.07% of outstanding mortgage balances are at least 90 days delinquent The number of seriously delinquent mortgages has almost tripled over the last four years, from 2.09% in Q4 2007, to 6.07% at the end of last year. 9. Connecticut ...



The great foreclosure deception; big banks renege on Obama deal
Examiner.com
The banks want out of the mortgage game, and are taking their pound of flesh as they exit. That pound of flesh is pricier than the finest fillet mignon. Wells Fargo, Bank of America and the other big banks that hold most of the nation's mortgages have ...

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SBT BANCORP INC (CONNECTICUT) : SBT Bancorp Announces Quarterly Dividend
4-traders
The Bank serves customers through full-service offices in Avon, Bloomfield, Granby and Simsbury, Connecticut; a mortgage loan center in Canton; and mortgage loan originators throughout Connecticut; SBT Online internet banking at simsburybank.com; ...

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Business briefs
Minuteman News Center
He resides in Fairfield, Connecticut with his wife, Ellen, and two sons, Patrick and Brian. Mortgage Master and the Fairfield Chamber of Commerce will host a Business After Hours on Thursday, May 24, from 5:30 to 7:00 pm at One Post Road, Fairfield.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Business briefs
Minuteman News Center
He resides in Fairfield, Connecticut with his wife, Ellen, and two sons, Patrick and Brian. Mortgage Master and the Fairfield Chamber of Commerce will host a Business After Hours on Thursday, May 24, from 5:30 to 7:00 pm at One Post Road, Fairfield.

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of credit card debt while Connecticut ($6876), Hawaii ($7090) and Alaska ($7096) have the most. Montana paid down its credit card debt the most at 11% to $5572.

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Financial News

Prologue recruits duo for US mortgage push
Financial News
He was previously co-head of agency mortgage trading at RBS Greenwich. The pair will be based in Greenwich, Connecticut, and report to Graham Walsh, Prologue's founding partner and chief investment officer. They will focus on identifying opportunities ...

and more »


The Huntsville Times - al.com (blog)

Huntsville-area home sales rise sharply in April, more optimism forecast for ...
The Huntsville Times - al.com (blog)
HUNTSVILLE, Alabama -- Spurred by rock-bottom interest rates, higher housing affordability levels and dramatically better weather than a year ago, among other things, home sales in Huntsville and Madison County rose strongly in April, the Alabama ...



MORTGAGE FORECLOSURE SALE
The Southeast Sun
... 2008, said mortgage recorded in the Office of the Judge of Probate of Coffee County, Alabama, in OFFREC Book 452, Page 5; said mortgage having subsequently been transferred and assigned to Bank of America, NA, successor by merger to BAC Home Loans ...

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MORTGAGE FORECLOSURE SALE
The Southeast Sun
Lot 38 of Oak Ridge Forrest Subdivision, Phase I, as shown on plat of same as recorded in the Office of the Judge of Probate, Enterprise, Coffee County, Alabama, in Map Book 3, Page 135. THIS PROPERTY WILL BE SOLD ON AN ?AS IS, WHERE IS? BASIS, ...

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MORTGAGE FORECLOSURE SALE
The Southeast Sun
... to Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Taylor, Bean & Whitaker Mortgage Corporation, on the 9th day of April, 2009, said mortgage recorded in the Office of the Judge of Probate of Coffee County, Alabama, ...

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The Birmingham News - al.com (blog)

RealtyTrac: Alabama foreclosure activity rising
The Birmingham News - al.com (blog)
By Jerry Underwood -- The Birmingham News BIRMINGHAM, Alabama -- Foreclosure activity across Alabama rose in April from the previous month, bucking the national trend, according to RealtyTrac, a California firm that tracks mortgage defaults.

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Va. panel hears exec's appeal
Delmarva Now
AP RICHMOND -- A former mortgage company chief executive convicted of orchestrating a nearly $3 billion fraud scheme is asking a federal appeals panel to reverse his conviction and send the case back for a retrial. Former Taylor, Bean & Whitaker ...

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Va. panel hears exec's appeal
Delmarva Daily Times
AP RICHMOND -- A former mortgage company chief executive convicted of orchestrating a nearly $3 billion fraud scheme is asking a federal appeals panel to reverse his conviction and send the case back for a retrial. Former Taylor, Bean & Whitaker ...

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Va. panel hears exec's appeal
Gobeach Comber
AP RICHMOND -- A former mortgage company chief executive convicted of orchestrating a nearly $3 billion fraud scheme is asking a federal appeals panel to reverse his conviction and send the case back for a retrial. Former Taylor, Bean & Whitaker ...

and more »


Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how they are using the funds. I can tell you that Vermont's budget is sort of under control, the way it usually is (we always assume we need wiggle room ...

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Va. panel hears mortgage exec's appeal
WTOP
Now defunct, TBW was one of the nation's largest private mortgage lenders and engaged in a scheme that eventually involved double- and triple-pledging mortgages to investors, and selling more than $1 billion in worthless mortgages to Alabama-based ...

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News :

Iowa residents catch up on mortgage payments
SW Iowa News
DES MOINES (AP) ? Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says ...

and more »


More Iowans catch up on mortgages
Omaha World-Herald
DES MOINES (AP) ? Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey that shows delinquencies have fallen to their lowest level since 2008. The survey, released Wednesday by the Mortgage Bankers Association, ...

and more »


State kicks off contest for Iowa homeowners
Quad City Times
Joined with representatives from Mel Foster, Valley Bank and 1862 Mortgage, Jamison said the contest is a partnership between the authority, the Iowa Association of Realtors, and lenders and real estate firms across Iowa. Since its inception in 1977, ...



Iowa homeowners in delinquent mortgages are catching up
kwwl.com
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer ...

and more »


Iowans behind on mortgages catching up
Sioux City Journal
DES MOINES, Iowa (AP) ? Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers ...

and more »


Iowa residents catch up on mortgage payments
Quad City Times
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer Iowa ...

and more »


Iowa residents catch up on mortgage payments
Muscatine Journal
AP | Posted: Thursday, May 17, 2012 10:45 am | (0) Comments Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008.

and more »


KCRG

Iowa Paying More for Outside Legal Counsel
KCRG
By Rod Boshart, Reporter By Aaron Hepker DES MOINES, Iowa - The Iowa Executive Council has authorized nearly $1.49 million in payments to outside legal counsel to defend Gov. Terry Branstad and state agencies against litigation and to help recoup money ...

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Iowans Behind On Mortgages Catching Up
WOWT
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer ...

and more »


Fewer Iowans face past due mortgage bills
KCCI Des Moines
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer ...

and more »


Monarch Bank is Now Open in Suffolk
Citybizlist (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Bank is Now Open in Suffolk
NASDAQ
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Bank is Now Open in Suffolk
GlobeNewsWire (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Bank is Now Open in Suffolk
MarketWatch (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Credit card and mortgage debt down, but so are scores
Puget Sound Business Journal
In some states mortgage debt fell more -- it dropped 7 percent in both Mississippi and Tennessee, and fell 6 percent in South Carolina, West Virginia and Wisconsin. Nationwide, home equity debt fell and so did student loan debt, but auto loan debt ...

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Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
NASDAQ
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer, mobile and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
MarketWatch (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer, mobile and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
GlobeNewsWire (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer, mobile and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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Non-Bank Supervision, Lloyds, Mortgages: Compliance
BusinessWeek
The conservator of Fannie Mae (FNMA) (FNMA) and Freddie Mac (FMCC) (FMCC) may let servicers forgive debt on a limited number of mortgages owned or guaranteed by the taxpayer-owned companies, according to a person with direct knowledge of the ...

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