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News :

Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
Virtual-Strategy Magazine
On May 17, 2012, Nichols Kaster, PLLP filed a class action lawsuit in the Northern District of New York on behalf of Plaintiff Gordon Casey and other borrowers with mortgages serviced by Citibank or Midland Mortgage. The Complaint alleges that Citibank ...

and more »


Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
DigitalJournal.com (press release)
On May 17, 2012, Nichols Kaster, PLLP filed a class action lawsuit in the Northern District of New York on behalf of Plaintiff Gordon Casey and other borrowers with mortgages serviced by Citibank or Midland Mortgage. The Complaint alleges that Citibank ...

and more »


Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
Insurance News Net (press release)
On May 17, 2012 , Nichols Kaster , PLLP filed a class action lawsuit in the Northern District of New York on behalf of Plaintiff Gordon Casey and other borrowers with mortgages serviced by Citibank or Midland Mortgage. The Complaint alleges that ...

and more »


Fitch Downgrades CSFB 2003-C3
SunHerald.com
NEW YORK -- Fitch Ratings has downgraded seven classes of Credit Suisse First Boston Mortgage Securities Corp., series 2003-C3 (CSFB 2003-C3) commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this ...

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First American Financial to Present at Keefe, Bruyette & Woods Mortgage ...
Sacramento Bee
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


First American Financial to Present at Stephens Spring Investment Conference
Sacramento Bee
... settlement services for real estate transactions, today announced that it will present a company update at the Stephens Spring Investment Conference on Wednesday, June 6, 2012 at 9:30 am Eastern time at the New York Palace Hotel in New York City.

and more »


Silver Legacy Casino Pushes Chips Into Ch. 11
Law360 (subscription)
By Max Stendahl Law360, New York (May 18, 2012, 2:42 PM ET) -- Operators of the Silver Legacy Resort Casino in Reno, Nevada, filed for bankruptcy protection Thursday to restructure significant mortgage debt it failed to repay in the face of sagging ...

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FIRST AMERICAN FINANCIAL CORP : First American Financial to Present at ...
4-traders
... settlement services for real estate transactions, today announced that it will present a company update at the Stephens Spring Investment Conference on Wednesday, June 6, 2012 at 9:30 am Eastern time at the New York Palace Hotel in New York City.

and more »


FIRST AMERICAN FINANCIAL CORP : First American Financial to Present at Keefe ...
4-traders
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


First American Financial to Present at Keefe, Bruyette & Woods Mortgage ...
Stockhouse
... estate transactions, today announced that it will present a company update at the Keefe, Bruyette & Woods (KBW) Mortgage Finance Conference on Tuesday, June 5, 2012 at 3:00 pm Eastern time at the Crowne Plaza Times Square Hotel in New York City.

and more »


Condo associations can be liable under consumer protection law, Md. court rules
Washington Post
Many would assume the type of bad actors falling under the jurisdiction of that law to be car dealers, grocery stores and even mortgage brokers and lenders. But condominiums? Yes, according to the Maryland Court of Appeals, the state's highest court, ...



New sales associate at Champion Realty
The Star Democrat
Owens has 30 years experience in the real estate industry in Maryland, Florida and North Carolina. She has worked with several national homebuilders and major mortgage bankers. Owens attended Chesapeake College and the University of North Florida, ...



Maryland restores money for biotechs, stem cell research fund
Gazette.Net: Maryland Community News Online
by Kevin James Shay, Staff Writer For Maryland businesses, this week's special legislative session resulted in a mixed bag, executives say. Legislators restored funding for the biotechnology investment tax credit program and stem cell research fund, ...

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Principal Reductions Won't Solve the Mortgage Mess
Bloomberg
There are 11.1 million residential properties with underwater mortgages, only about 3 million of which are backed by Fannie and Freddie. Almost 80 percent of those 3 million borrowers, however, are current on their mortgage, demonstrating their ...

and more »


Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
But mortgage debt isn't the only problem: Connecticut also ranked fifth in the nation in terms of highest credit card debt per person. 8. Maryland -- 7.14% of outstanding mortgage balances are at least 90 days delinquent Today, 30% of all mortgages in ...



Chief Financial Officer Sentenced in $78 Million Dream Home Mortgage Fraud Scheme
Mortgage Daily
... mortgages on their "Dream Homes" but left them to fend for themselves. Judge Titus also entered an order requiring Nelson to pay restitution of $34340830.13. The sentence was announced by United States Attorney for the District of Maryland Rod J.

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Illinois third in foreclosures despite national improvement
Morris Daily Herald
Almost 7.5 percent of mortgage loans on one- to four-unit residential properties in Illinois were in foreclosure at the end of March, compared with a national average of 4.39 percent, according to data released Wednesday by the Mortgage Bankers ...

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Maryland's New Mortgage Delinquencies Improve
LoanSafe
(Source Jamie Smith Hopkins The Baltimore Sun (MCT) ? The share of Maryland homeowners newly behind on mortgage payments fell to the lowest level for March in four years ? an important milestone because the state's new-delinquency figure is now better ...

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C&F Financial Corporation Announces Quarterly Dividend
Sacramento Bee
... services through its subsidiary C&F Investment Services, Inc. C&F Mortgage Corporation provides mortgage, title and appraisal services through 20 offices located in Virginia, Maryland, North Carolina, Pennsylvania, Delaware and New Jersey.

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Fewer new mortgage problems in Maryland, more older ones
Baltimore Sun
That's as of March, the newest figures from the Mortgage Bankers Association. There's an argument brewing over why Maryland has a big backlog of pre-foreclosure and foreclosure cases -- the so-called "shadow inventory" that, odds are, will eventually ...

and more »

News :

FORECLOSURE SALE NOTICE
Green River Star
WHEREAS, default in the payment of principal and interest has occurred under the terms of a promissory note (the ?Note?) dated February 8, 2007, executed and delivered by Jill Welton and Erin Lamb (?Mortgagor(s)?) to Mortgage Electronic Registration ...



Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Mortgage debt falls in Alabama
Bizjournals.com
The other states that had decreases in mortgage were Mississippi and Tennessee (both down 7 percent); South Carolina, West Virginia and Wisconsin (all down 6 percent); and Louisiana and Wyoming (down 5 percent).

and more »


Credit scores fall from last month
Central Valley Business Times
Consumer credit card and mortgage spending in April slowed from a year ago, with the average credit card debt per consumer falling 13 percent to $5650 and the average mortgage debt decreasing 3 percent to $166631, according to figures from CreditKarma ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. -- Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

and more »


Wyo ranks low for mortgage delinquencies
Casper Star-Tribune Online
Wyoming was in the lowest tier of states for mortgage delinquency rates in the first quarter, according to credit bureau giant TransUnion. Wyoming registered the fourth lowest rate at 2.43 percent, behind North Dakota (1.51 percent), South Dakota (2.11 ...

and more »


FORECLOSURE SALE NOTICE
Green River Star
... and which Mortgage was recorded on November 1, 2001, at Reception No. 1347059 in Book 944 at Page 1073 in the records of the office of the County Clerk and ex-officio Register of Deeds in and for Sweetwater County, State of Wyoming; and Assignment ...



TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
MarketWatch (press release)
CHICAGO, IL, May 09, 2012 (MARKETWIRE via COMTEX) -- The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that ...

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Homebuyers Eye Shorter Mortgages
NuWire Investor
Jack M. Guttentag, an emeritus professor of real estate at the University of Pennsylvania's Wharton School, says on his website, The Mortgage Professor, that the investment issue is more likely to favor the 15-year loan when rate spreads are especially ...



Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
Business Review Europe (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Foreclosure Filings Up In Philadelphia Region
LoanSafe
The bump-up in state and city filings began in the fall, about the same time the last of the federal money used to keep Pennsylvania's Home Emergency Mortgage Assistance Program alive after Gov. Corbett failed to include money in the budget for it.

and more »


15-Year Mortgages Are Especially Appealing
TheStreet.com
Jack M. Guttentag, an emeritus professor of real estate at the University of Pennsylvania's Wharton School, says on his website, The Mortgage Professor, that the investment issue is more likely to favor the 15-year loan when rate spreads are especially ...

and more »


15-Year Mortgages Are Especially Appealing
MainStreet
Jack M. Guttentag, an emeritus professor of real estate at the University of Pennsylvania's Wharton School, says on his website, The Mortgage Professor, that the investment issue is more likely to favor the 15-year loan when rate spreads are especially ...

and more »


Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
African Business Review (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
Business Review Australia (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Report: Fewer US homes foreclosed upon in April
Utica Observer Dispatch
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...

and more »


Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
Business Review India (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Foreclosure filings up in Philadelphia region
Philadelphia Inquirer
The bump-up in state and city filings began in the fall, about the same time the last of the federal money used to keep Pennsylvania's Home Emergency Mortgage Assistance Program alive after Gov. Corbett failed to include money in the budget for it.

and more »