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News :

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 ...

and more »


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, ...

and more »


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, ...

and more »


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.

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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 ...

and more »


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 »

News :

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 ...

and more »


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 »


Va panel hears mortgage exec's appeal
KATV
More >> Some residents of the Quebec town of Stanstead are upset about plans in Vermont to erect two industrial-size wind turbines just south of the border. One would be about 1000 feet from some Canadian and Vermont homes.More >> The winds blowing ...

and more »


Va panel hears mortgage exec's appeal
KTTC
More >> Some residents of the Quebec town of Stanstead are upset about plans in Vermont to erect two industrial-size wind turbines just south of the border. One would be about 1000 feet from some Canadian and Vermont homes.More >> Some residents of the ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student loan debt the most while Vermont (8%), Utah (7%) and Delaware (7%) saw the biggest increases. Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of ...

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 »


vtdigger.org

Digger Tidbits: Let the games begin
vtdigger.org
Wilton, a UVM grad and native Vermonter, has worked in the banking industry as a mortgage loan originator and as an adviser for the Vermont Small Business Development Center. Pearce, for her part, has never run for office. She was appointed as state ...

and more »


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 ...

and more »


TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
SYS-CON Media (press release)
CHICAGO, IL -- (Marketwire) -- 05/09/12 -- 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 began in ...

and more »


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 ...

and more »


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; ...

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 ...
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 »