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News :

Sun-Sentinel (blog)

Terrell Owens facing foreclosure on South Florida condo
Sun-Sentinel (blog)
By Paul Owers May 18, 2012 02:19 PM Deutsche Bank is going after the temperamental wide receiver, saying he isn't paying the $1.4 million mortgage on his Trump International Beach Resort condo in Sunny Isles Beach, reports Gossipextra.com.

and more »


MGIC Loosens Restricted Markets Requirements
Mortgage Daily
By MortgageDaily.com staff Credit and debt-to-income ratio requirements have been eased in the country's most struggling real estate markets by Mortgage Guaranty Insurance Corp. The move is a result of market improvement. Current guidelines require a ...



Florida's Realtors advocate for homeownership in nation's capital
Destin Log
Realtors from Florida and across the US ? more than 10000 strong ?gathered at the Washington Monument in the nation's capital today to highlight the importance of housing and homeownership to the nation's economic recovery. The ?Rally to Protect the ...

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 »


AXcess News

Foreclosures down, short sales up. Are banks getting smart?
AXcess News
Homeowners get to shed their mortgage debt faster - and with less damage to their credit rating. Short sales began outpacing foreclosures in some states late last year. Six states saw more preforeclosure sales - typically, short sales - than ...

and more »


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, ...



Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released Thursday. One in every 698 US housing units had a foreclosure filing during the month.

and more »


County foreclosures lead state
The Desert Sun
A total of 3850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide in April, translating to 1 in 208 households in some stage of foreclosure, according to Irvine-based RealtyTrac. The number of filings was 12 ...

and more »


Fewer US homes foreclosed on in April
HeraldNet
But state-level data point to potentially more home repossessions ahead in Florida and many of the 25 other states where courts are required to sign off on foreclosures. All told, the number of US homes taken back by lenders in April declined 7 percent ...

and more »


John J. Stahl III Joins The Coastal Bank as Mortgage Director and Senior Vice ...
PR Urgent (press release)
Before joining The Coastal Bank, he served as the director of mortgage lending at HomeTrust Bank in Asheville, NC and as vice president and area mortgage sales manager for Fifth Third Bank in southeast Florida. He has also worked in the mortgage ...



Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released Thursday. One in every 698 US housing units had a foreclosure filing during the month.

and more »


Misused funds
WatertownDailyTimes.com
Low-income families in Indiana will get some relief from their energy bills through the mortgage settlement. Lawmakers are skirting the intent of the agreement with a provision that allows the payment to be considered a ?civil penalty.

and more »


Central Indiana: 'Most Affordable' Housing Market
Inside INdiana Business (press release)
A National Association of Home Builders report rates the Indianapolis-Carmel area as the most affordable large market in the country. The Housing Opportunity Index finds that nearly 96 percent of area homes sold in the first quarter of 2012 were ...

and more »


Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Oklahoma chose not to participate in the program at all. 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.

and more »


This REIT Promises Yield And Growth Without Mortgage REIT Risk
Seeking Alpha
The New Jersey based REIT has a portfolio of 41 manufactured home communities containing approximately 9000 sites located in Indiana, New Jersey, New York, Ohio, Pennsylvania, and Tennessee. I wrote a detailed article on the Residential Housing REIT a ...

and more »


States Divert Mortgage Cash Away From Homeowners
NewsMax.com
The cash is part of a $25 billion national settlement with banks for abuses in mortgage and foreclosure processes and was supposed to go to foreclosure prevention, investigations into fraud and countering the housing crisis. California's share in the ...

and more »


Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
Houston Chronicle
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »


Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
Beaumont Enterprise
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »


Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
PR Web (press release)
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »


Fixed Mortgage Rates Drop Further Setting Another Record Low Announces ...
DigitalJournal.com (press release)
Current mortgage rates for a number of different residential mortgage programs can be viewed on BurlingtonMortgage.biz. Below is a snapshot of mortgage rates for a variety of products listed on the site on 5/11/2012. Indiana mortgage rates represented ...

and more »

News :

MarketWatch

Reverse mortgages provide needed cash
MarketWatch
By Robert Powell, MarketWatch BOSTON (MarketWatch) ? If you watch TV, you've probably seen some of the well-known actors who've promoted reverse mortgages, a financial product aimed mainly at older homeowners. There's Henry Winkler, Fred Thompson, ...



Va panel hears mortgage exec's appeal
Lake Wylie Pilot
By ZINIE CHEN SAMPSON - AP 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 his case back for a retrial.

and more »


NCOA to Congress: Take Note of a New Trend in Reverse Mortgage Borrowers
Reverse Mortgage Daily
While some lenders are now marketing to the reverse mortgage borrower who is not looking for a long-term financial fix, some industry affiliates are also beginning to note the potential for a new type of borrower to emerge.



Free Health & Wellness Lectures in June
SCVNEWS.com
June 6 - ?Senior Home Ownership, Mortgages and Loan Information,? presented by Candy Stone Watson, Reverse Mortgage Consultant for 1st Reverse Mortgage USA, Betty Wright, Real Estate Loan Officer for Lockheed Federal Credit Union, and Rick Mahn of ...



Reverse Mortgage Lenders are Gearing up For Growth, Now Hiring
Reverse Mortgage Daily
Reverse mortgage lenders are hiring now more than ever following big bank exits from the business. The list of lenders on the search has grown to include companies large and small, from phone originators to boots-on-the ground.



Akron Leader Publications

Where will most boomers go if they don't age in place?
Akron Leader Publications
In the column on Page 36, we discussed the benefits of combining Social Security payments, securities portfolios and a reverse mortgage early into a retirement plan. A significant percentage of older homeowners, plus their children ? the 79 million ...



Va panel hears mortgage exec's appeal
Review seeker (press release)
(AP) ' 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 his case back for a retrial. An attorney for former Taylor, ...

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 »


MarketWatch

Reverse mortgages provide needed cash
MarketWatch
By Robert Powell, MarketWatch BOSTON (MarketWatch) ? If you watch TV, you've probably seen some of the well-known actors who've promoted reverse mortgages, a financial product aimed mainly at older homeowners. There's Henry Winkler, Fred Thompson, ...



Va panel hears mortgage exec's appeal
Lake Wylie Pilot
By ZINIE CHEN SAMPSON - AP 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 his case back for a retrial.

and more »


NCOA to Congress: Take Note of a New Trend in Reverse Mortgage Borrowers
Reverse Mortgage Daily
While some lenders are now marketing to the reverse mortgage borrower who is not looking for a long-term financial fix, some industry affiliates are also beginning to note the potential for a new type of borrower to emerge.



Free Health & Wellness Lectures in June
SCVNEWS.com
June 6 - ?Senior Home Ownership, Mortgages and Loan Information,? presented by Candy Stone Watson, Reverse Mortgage Consultant for 1st Reverse Mortgage USA, Betty Wright, Real Estate Loan Officer for Lockheed Federal Credit Union, and Rick Mahn of ...



Reverse Mortgage Lenders are Gearing up For Growth, Now Hiring
Reverse Mortgage Daily
Reverse mortgage lenders are hiring now more than ever following big bank exits from the business. The list of lenders on the search has grown to include companies large and small, from phone originators to boots-on-the ground.



Akron Leader Publications

Where will most boomers go if they don't age in place?
Akron Leader Publications
In the column on Page 36, we discussed the benefits of combining Social Security payments, securities portfolios and a reverse mortgage early into a retirement plan. A significant percentage of older homeowners, plus their children ? the 79 million ...



Va panel hears mortgage exec's appeal
Review seeker (press release)
(AP) ' 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 his case back for a retrial. An attorney for former Taylor, ...

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 »