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News :

Fitch Rates McLaren Health Care (MI) Series 2012A Bonds 'AA-'; Outlook Stable
MarketWatch (press release)
Bond proceeds will be used to refund McLaren's series 1998A bonds and the series 1998, 2003 and 2006 bonds issued on behalf of Northern Michigan Regional Hospital, refinance draws on certain lines of credit, refinance a mortgage and pay costs of ...

and more »


Michigan Court of Appeals broadens scope of Michigan's non-judicial ...
Lexology (registration)
Distinguishing Leslie, the Michigan Court of Appeals found that the language used in the loan documents prevented the guaranty indebtedness from being construed as an obligation separate from the mortgage debt. Specifically, the mortgage defined the ...



International Business Times

US Mortgage Rates Hit Record Low For 3rd Straight Week: Freddie Mac
International Business Times
By Roland Li: Subscribe to Roland's RSS feed US 30-year fixed-rate mortgages hit a record low for the third straight week as concerns over the euro zone weighed on the economy, mortgage financier Freddie Mac said Thursday. The average 30-year mortgage ...

and more »


eCreditDaily.com

Mortgage Rates Hit New Lows Again; 30-Year at 3.79%
eCreditDaily.com
Consumer sentiment in May rose to its highest reading since January 2008, according to the University of Michigan. 30-year fixed-rate mortgage averaged 3.79 percent, with an average 0.7 point, for the week ending May 17, 2012, down from last week when ...

and more »


Banks turn to "short sales" in Michigan as home foreclosure rates continue to ...
Michigan Radio
A short sale is where a mortgage lender allows a property to be sold for less than the amount owed on a mortgage and takes a loss. ?Based on other data we're looking at that's a trend that's going to continue this year. Short sales are going to become ...

and more »


Michigan Justice Diane Hathaway's short sale
Point of Law
Hathaway persuaded a bank to permit her a short sale of a Florida vacation home that saved her hundreds of thousands of dollars from a mortgage made at the peak of the market, but the ABC affiliate finds suspicious transfers of other real estate from ...

and more »


Ellis: Force mortgage firms to shape up
Lansing State Journal
Congratulations, Michigan, on receiving $97 million in settlement money form five mortgage companies. I am glad that state Attorney General Bill Schuette finally got on board and applied to be part of this national settlement.

and more »


Mortgage Builder Acquires GCC Servicing Systems
CUinsight.com (press release)
Southfield, MI, May 15, 2012 ? Mortgage Builder, an award-winning loan origination software (LOS) provider, announces an agreement to acquire GCC Servicing Systems, a leading loan servicing software provider that shares 35 years of history with its new ...

and more »


With Mortgage Rates Low, Consumer Sentiment Hits 4-Year High
The Mortgage Reports
The Thompson Reuters/University of Michigan preliminary sentiment index for May climbed to 77.8%, its highest point since January 2008. May's figures represent a 1.4% increase over April and the ninth consecutive month that the index has risen.

and more »


Consumers upbeat and mortgage applications rise
WRAL.com (blog)
The University of Michigan's Consumer Sentiment Report came in at a four-year high reading Friday, indicating that consumers are becoming more bullish on the job front. The reading for May came in at 77.8 which was up from a 76.4 reading in April.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
San Antonio Express
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


The Colorado Statesman

Republican ?liberty? concerns unfortunately don't seem to extend to actual people
The Colorado Statesman
By Miller Hudson During its Extraordinary Special Session, House Republicans in the Colorado Legislature flubbed the opportunity to demonstrate that their opposition to the jack-booted thuggery of the 'nanny' state extends beyond the virtual persons ...

and more »


The Colorado Statesman

Republican ?liberty? concerns unfortunately don't seem to extend to actual people
The Colorado Statesman
By Miller Hudson During its Extraordinary Special Session, House Republicans in the Colorado Legislature flubbed the opportunity to demonstrate that their opposition to the jack-booted thuggery of the 'nanny' state extends beyond the virtual persons ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Virtual-Strategy Magazine
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
DigitalJournal.com (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


US foreclosure rate dropped to five-year low in April
Denver Post
Colorado ranked 11th among states for its foreclosure filing rate of 1 in 597 homes in April. The "gradually rising foreclosure tide" forecast by RealtyTrac after a February settlement by the nation's biggest mortgage servicers over faulty practices ...

and more »


Movers & Shakers: New hires, promotions, honors, new businesses
Dentistry IQ
He'll be working with mortgage loans, commercial loans and personal loans. Hemmer previously worked at a financial institution in Colorado Springs where he served as assistant vice president/commercial loan officer. - Newborn Hope announced that Jenny ...


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 ...

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 »


Fitch Rates McLaren Health Care (MI) Series 2012A Bonds 'AA-'; Outlook Stable
MarketWatch (press release)
Bond proceeds will be used to refund McLaren's series 1998A bonds and the series 1998, 2003 and 2006 bonds issued on behalf of Northern Michigan Regional Hospital, refinance draws on certain lines of credit, refinance a mortgage and pay costs of ...

and more »


Michigan Court of Appeals broadens scope of Michigan's non-judicial ...
Lexology (registration)
Distinguishing Leslie, the Michigan Court of Appeals found that the language used in the loan documents prevented the guaranty indebtedness from being construed as an obligation separate from the mortgage debt. Specifically, the mortgage defined the ...



International Business Times

US Mortgage Rates Hit Record Low For 3rd Straight Week: Freddie Mac
International Business Times
By Roland Li: Subscribe to Roland's RSS feed US 30-year fixed-rate mortgages hit a record low for the third straight week as concerns over the euro zone weighed on the economy, mortgage financier Freddie Mac said Thursday. The average 30-year mortgage ...

and more »


eCreditDaily.com

Mortgage Rates Hit New Lows Again; 30-Year at 3.79%
eCreditDaily.com
Consumer sentiment in May rose to its highest reading since January 2008, according to the University of Michigan. 30-year fixed-rate mortgage averaged 3.79 percent, with an average 0.7 point, for the week ending May 17, 2012, down from last week when ...

and more »


Banks turn to "short sales" in Michigan as home foreclosure rates continue to ...
Michigan Radio
A short sale is where a mortgage lender allows a property to be sold for less than the amount owed on a mortgage and takes a loss. ?Based on other data we're looking at that's a trend that's going to continue this year. Short sales are going to become ...

and more »


Michigan Justice Diane Hathaway's short sale
Point of Law
Hathaway persuaded a bank to permit her a short sale of a Florida vacation home that saved her hundreds of thousands of dollars from a mortgage made at the peak of the market, but the ABC affiliate finds suspicious transfers of other real estate from ...

and more »


Ellis: Force mortgage firms to shape up
Lansing State Journal
Congratulations, Michigan, on receiving $97 million in settlement money form five mortgage companies. I am glad that state Attorney General Bill Schuette finally got on board and applied to be part of this national settlement.

and more »


Mortgage Builder Acquires GCC Servicing Systems
CUinsight.com (press release)
Southfield, MI, May 15, 2012 ? Mortgage Builder, an award-winning loan origination software (LOS) provider, announces an agreement to acquire GCC Servicing Systems, a leading loan servicing software provider that shares 35 years of history with its new ...

and more »


With Mortgage Rates Low, Consumer Sentiment Hits 4-Year High
The Mortgage Reports
The Thompson Reuters/University of Michigan preliminary sentiment index for May climbed to 77.8%, its highest point since January 2008. May's figures represent a 1.4% increase over April and the ninth consecutive month that the index has risen.

and more »


Consumers upbeat and mortgage applications rise
WRAL.com (blog)
The University of Michigan's Consumer Sentiment Report came in at a four-year high reading Friday, indicating that consumers are becoming more bullish on the job front. The reading for May came in at 77.8 which was up from a 76.4 reading in April.

and more »