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News :

Report: Foreclosure filings slow in Utah, US
Real Estate News Utah
Foreclosure activity in Utah has fallen sharply over the past year, a new report shows. The number of foreclosure-related filings ? ranging from notices that a homeowner is behind on a mortgage to repossession by a bank ? fell by 21 percent from April ...

and more »


Report: Foreclosure filings slow in Utah, US
Salt Lake Tribune
Foreclosure activity in Utah has fallen sharply over the past year, a new report shows. The number of foreclosure-related filings ? ranging from notices that a homeowner is behind on a mortgage to repossession by a bank ? fell by 21 percent from April ...

and more »


Sen. Lee forced to sell 'dream home' in short sale
Salt Lake Tribune
Mike Lee was forced to sell his dream home in Alpine with his mortgage bank taking a significant loss ? up to $400000 ? in a "short sale" as the housing bust in his neighborhood drained his house's value. Lee purchased the home for around $1.1 million ...

and more »


Utah's Retirement Fund in Good Shape Despite Recession
Utah Policy
While, actuarially speaking, Utah's fund is still underfunded, Newman said the good news is that ?we don't have to pay all? of the obligations today. He compared a pension fund to buying a house. You may owe $300000 on your mortgage.



Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
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. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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 »


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 »


Bloomberg

Housing Starts Probably Rebounded From a Five-Month Low
Bloomberg
George Frey/Bloomberg A construction worker measures and marks wood as he helps build a new home in St. George, Utah, on May 10, 2012. Builders in the US probably broke ground on more houses in April, rebounding from a five-month low and indicating the ...

and more »


Foreclosure drop seen nationwide
Columbia Daily Tribune
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 yesterday. One in every 698 US housing units had a foreclosure filing during the month.

and more »


Gov. Chris Christie has a tough week with facts
newjerseynewsroom.com
9.1 - Yesterday, the state Labor Department released April numbers showing that New Jersey's unemployment rose to 9.1% - a full percentage point higher than the national rate of 8.1%. ? 8.4 - Yesterday, the Mortgage Bankers Association reported that ...

and more »


Jumping Into the Future: New Jersey's New Recording Law
JD Supra (press release)
by Robert Marsico on 5/16/2012 by Bob Marsico on May 16, 2012 Early in 2012, the State of New Jersey took a significant step into the future by adopting a thorough update of the state's decades old document recording statute. The new law, which was ...



The Star-Ledger - NJ.com

PolitiFact NJ: Pro-Christie ad touts balanced budgets as part of 'reform movement'
The Star-Ledger - NJ.com
Then add your comments at NJ.com. You also can follow us on Twitter and Facebook. Patti Sapone/The Star Ledger A TV ad promoting Gov. Chris Christie's "reform movement" touts balancing state budgets as an accomplishment. Interesting, how can a budget ...

and more »


The Star-Ledger - NJ.com

NJ bill to loosen state's strict surrogate parenting laws moves forward
The Star-Ledger - NJ.com
TRENTON ? A state Senate panel Thursday advanced a bill that would loosen New Jersey's strict surrogate parenting laws, enacted a quarter century ago after the state Supreme Court's "Baby M" decision spurred a national debate over who has rights to the ...



Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
Still, he said the overall decrease is ?masking? the fact that foreclosures actually are up in places such as Florida, New Jersey and Indiana, among other states. Despite the overall decrease in foreclosure starts, 26 states posted monthly increases in ...

and more »


Fewer US homes foreclosed on in April
HeraldNet
In contrast, the slower foreclosure process in states like Florida, New Jersey and Pennsylvania helped build a logjam of pending foreclosure cases that now has lenders playing catch-up. As a result, foreclosure activity in all the judicial foreclosure ...

and more »


Fewer homeowners foreclosed upon in April
Albany Times Union
In contrast, the slower foreclosure process in states like Florida, New Jersey and Pennsylvania helped build a logjam of pending foreclosure cases that now has lenders playing catch-up. As a result, foreclosure activity in all the judicial foreclosure ...

and more »


US foreclosures decline, but road ahead still rocky
The News Journal
In contrast, the slower foreclosure process in states like Florida, New Jersey and Pennsylvania helped build a logjam of pending foreclosure cases that now has lenders playing catch-up. As a result, foreclosure activity in all the judicial foreclosure ...

and more »


Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
And while many of the most hard-hit states have seen improvement in mortgage delinquencies in the past year, Illinois has seen little. At the end of 2010, the rate was 7.91, only marginally above the current rate. 4. New Jersey -- 9.46% of outstanding ...


News :

Condo sales may become easier if FHA revises rules governing mortgages
Washington Post
The revisions could remove at least some of the obstacles that have dissuaded condominium association boards from seeking approval or recertification of their buildings for FHA loans during the past 18 months. Under the agency's regulations, ...

and more »


Mortgage Rates: Low Mortgage Rates Decrease Again to New Record Lows
FreeRateUpdate.com
Following the same path and decreasing by .250%, today's FHA 30 year fixed mortgage interest rates are at 3.125%, FHA 15 year fixed mortgage rates are at 2.625% and FHA 5/1 ARM loan rates are at 2.625%. First time home buyers find FHA easy to deal with ...

and more »


Is the government backing a new housing bubble?
MSN Money
Under a plan introduced by President Barack Obama, an FHA-qualifying US homebuyer can apply for a 30-year mortgage with a fixed interest rate of 3.75 percent and a 15-year fixed mortgage at 3 percent. FHA loans require as little as 3.5 percent of the ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
San Antonio Express
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado. TexasLending.com is a mortgage Banker with virtually unlimited options available for conventional, FHA, VA, ...

and more »


Foreclosed Americans Find Way Back to Homeownership
Fox Business
The number of FHA-insured home loans has soared in recent years as subprime loans have disappeared and fewer Americans have qualified for conventional mortgages backed by Fannie Mae and Freddie Mac, which were rescued in 2008 by the US government after ...

and more »


FHA Mortgages For Condos : Guidelines About To Loosen?
The Mortgage Reports
This is one reason why there's a push within the FHA to make condo lending less restrictive. It's a plan that's not been publicly released, and it may not pass for weeks or months, but when changes are made, FHA condo loans will be more readily ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Virtual-Strategy Magazine
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

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 »


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 »