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News :

Payment Rates Improve on Texas Home Mortgages
LoanSafe
Mississippi, Georgia and Nevada had the highest home mortgage delinquency rates in the first quarter ? all over 10 percent, the mortgage bankers said. The best performing home loan markets for on-time payments were in the Dakotas and Alaska.

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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 ...

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Hawaii's average credit card debt declined 4% in April
Bizjournals.com
The average credit card debt in Hawaii last month was $7090, which was the second highest in the nation behind Alaska, but $310, or 4 percent, less than April 2011's average of $7400 and $2015 less than April 2010, when the average debt was $9105.

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Sen. Reed Introduces Bill to Enhance Mortgage Protections Accorded to Service ...
Targeted News Service (subscription)
I., Sherrod Brown, D-Ohio, and Mark Begich, D-Alaska. The legislation was referred to the Senate Veterans' Affairs Committee. The full text of the bill is available from the Library of Congress Thomas legislative web site.

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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.

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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 ...

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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 ...

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Alaska Pacific Bancshares, Inc. Reports First Quarter Earnings for 2012
EON: Enhanced Online News (press release)
Our mortgage department is fully staffed and you can see by the increase in first quarter performance that the lending team has done a great job in the mortgage area,? stated Craig Dahl, President and CEO. ?During the first quarter of 2012 we had solid ...

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Alaska Pacific Bancshares, Inc. Reports First Quarter Earnings for 2012
MarketWatch (press release)
Our mortgage department is fully staffed and you can see by the increase in first quarter performance that the lending team has done a great job in the mortgage area," stated Craig Dahl, President and CEO. "During the first quarter of 2012 we had solid ...

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Fitch Rates Alaska HFC General Mtge Revs II 2012 Series A 'AA+' & 2012 Series ...
SunHerald.com
STRONG UNDERLYING ASSETS: The underlying mortgages to be pledged to the bonds are performing favorably. HIGH SHORT-TERM RATING: AHFC's 'F1+' rating reflects the corporation's ability to meet any potential liquidity demands needed for the 2012 GMRB II ...

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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.

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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.

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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.

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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.

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Oklahoma bank to open branch in Wichita Walmart
Kansas.com
City National will be the third bank with Oklahoma ties to operate in the market. South Hutchinson-based Bank of Kansas, which operates two Wichita branches, is owned by Southwest Bancorp of Stillwater, and Tulsa-based Bank of Oklahoma Mortgage Group ...

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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.

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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.

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Oklahoma City developers hear capital calling
NewsOK.com
Commercial mortgage-backed securities are making a comeback as funding streams for commercial real estate development, and developers, brokers and others lie in wait. By Richard Mize | Published: May 17, 2012 Leave a comment ?CMBS is back? ? virtually ...



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.

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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 »

News :

Financial Times

Despite today's market, do-it-yourself home selling still lacks mass appeal
Financial Times
Sellers buy different packages to list their property online, costing from C$350 (£220) upwards: the cheapest deals list property details and basic photographs on a website. The service carries advertisements for about 10000 homes on sale.



Legislation would help underwater homeowners
Washington Post
What if, at the same time, you could make it easier for people now living at the margins to stay in their homes? For the past two years, mortgage interest rates have been falling to the lowest levels in 50 years. Indeed, 30-year fixed-rate mortgages ...

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What's Important When Buying a Real Leather Sofa? CSL Sofas Show You What to ...
Sacramento Bee
This will be a key piece of furniture in any home and will be a focal point in the main reception rooms so it is important to choose a sofa of quality and style, one that fits with the interior of your home and one that reflects your personality.

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Consumer Price Index should include home prices: expert
China Post
The remarks were made at a time when developers urged people to buy homes in the midst of inflation, driving up property value in the process. Yesterday, Chang reminded the public that home purchases as a way to stave off inflation should be done when ...



Michael Solomonov Loves Buying Frogs at Wing Phat Plaza
Zagat (blog)
Turns out he gets his kicks at the Wing Phat Plaza, home to a Vietnamese grocery that offers non-standard items like live frogs and candy that tastes like shrimp. Check out the short video above to hear Solo talk restaurants, bells, fresh-butchered ...



Electrical failures, malfunctions major factors in home fires
SILive.com
Arc-fault circuit interrupters (AFCIs) should be installed in your home to protect electrical outlets. When you are buying, selling, or remodeling a home, have it inspected by a qualified electrician.

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Beach homes lead O.C. homebuying spree
OCRegister
By JONATHAN LANSNER Orange County homebuying runs at a six-year high with a widespread recovery highlighted by the hottest spot: near the beach. That's what we found our studying how housing trends hit various corners of Orange County.



A chance to buy your own island
Newcastle Herald
''I ended up going to the auction and was stupid enough to buy it,'' Mr Derry said. Bought for $480000, it took two years before the timber and Colorbond home was built, with material shipped over in barge-loads. The house comprises a master bedroom, ...



Newsolio

How to keep organized by buying a better purse
Newsolio
The reason we women don't leave home without one is because we want to make our lives easier by having all of the necessities of daily living right at our fingertips. The problem is that somewhere along the way, making a fashion statement became more ...



What's Important When Buying a Real Leather Sofa? CSL Sofas Show You What to ...
Marketwire (press release)
This will be a key piece of furniture in any home and will be a focal point in the main reception rooms so it is important to choose a sofa of quality and style, one that fits with the interior of your home and one that reflects your personality.

and more »


Foreclosures Hit A Record Low
Daily Markets (blog)
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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Foreclosures Hit a Record Low - Analyst Blog
NASDAQ
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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Foreclosures Fall...And That's a Bad Thing?
TheStreet.com
Foreclosure starts, the first stage in the foreclosure process, fell in April in the hardest hit states of California, Arizona and Nevada, according to Foreclosure Radar. California saw the steepest slide, with Notice of Default filings down nearly 16% ...

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Foreclosures Hit a Record Low
Zacks.com
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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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 ...

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Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
?Our preliminary first-quarter sales data shows that pre-foreclosure sales ? typically short sales ? are on pace to outnumber sales of bank-owned properties during the quarter in California, Arizona and 10 other states.? After three straight monthly ...

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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 ...

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Fewer US homes foreclosed on in April
HeraldNet
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 ...

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Scottsdale Mortgage Fraud: Real Estate Investor Sentenced to More Than Eight ...
JD Supra (press release)
?Today's sentence signifies the continued commitment by the FBI, the Arizona Mortgage Fraud Task Force, and the United States Attorney's Office in targeting mortgage fraud,? said James L. Turgal, Jr., FBI Special Agent in Charge, Phoenix Division.

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Foreclosures plunge to 5-year low in US recovery
Monterey County Herald
The "gradually rising foreclosure tide" forecast by RealtyTrac after a February settlement by the nation's biggest mortgage servicers over faulty practices has yet to materialize, limiting the number of properties on the market and propping up prices.

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