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News :

Iowa residents catch up on mortgage payments
SW Iowa News
DES MOINES (AP) ? Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says ...

and more »


More Iowans catch up on mortgages
Omaha World-Herald
DES MOINES (AP) ? Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey that shows delinquencies have fallen to their lowest level since 2008. The survey, released Wednesday by the Mortgage Bankers Association, ...

and more »


State kicks off contest for Iowa homeowners
Quad City Times
Joined with representatives from Mel Foster, Valley Bank and 1862 Mortgage, Jamison said the contest is a partnership between the authority, the Iowa Association of Realtors, and lenders and real estate firms across Iowa. Since its inception in 1977, ...



Iowa homeowners in delinquent mortgages are catching up
kwwl.com
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer ...

and more »


Iowans behind on mortgages catching up
Sioux City Journal
DES MOINES, Iowa (AP) ? Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers ...

and more »


Iowa residents catch up on mortgage payments
Quad City Times
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer Iowa ...

and more »


Iowa residents catch up on mortgage payments
Muscatine Journal
AP | Posted: Thursday, May 17, 2012 10:45 am | (0) Comments Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008.

and more »


KCRG

Iowa Paying More for Outside Legal Counsel
KCRG
By Rod Boshart, Reporter By Aaron Hepker DES MOINES, Iowa - The Iowa Executive Council has authorized nearly $1.49 million in payments to outside legal counsel to defend Gov. Terry Branstad and state agencies against litigation and to help recoup money ...

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Iowans Behind On Mortgages Catching Up
WOWT
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer ...

and more »


Fewer Iowans face past due mortgage bills
KCCI Des Moines
Homeowners in Iowa are catching up on their mortgage payments, a trend reflected in a new survey released Wednesday that shows delinquencies have fallen to their lowest level since 2008. A survey from the Mortgage Bankers Association says 4169 fewer ...

and more »


W*USA 9

5 Plead Guilty In $1.5M Mortgage Fraud Scheme
W*USA 9
ALEXANDRIA, Va. (WUSA) - Five people have pled guilty to conspiring to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Va. according to Neil H. MacBride, United States Attorney for the Eastern District of ...

and more »


5 Admit Guilty While 1 Still in Trial for $1.5 Million Mortgage Fraud Scheme
LoanSafe
( Source: US Justice Department) ? Five individuals have pled guilty to conspiring together to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Va. A federal grand jury has also indicted an individual for his ...

and more »


Five Plead Guilty and One Man Indicted in $1.5 Million Mortgage Fraud Scheme
7thSpace Interactive (press release)
ALEXANDRIA, VA?Five individuals have pled guilty to conspiring together to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Virginia. A federal grand jury has also indicted an individual for his alleged role in ...

and more »


Monarch Bank is Now Open in Suffolk
Citybizlist (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com is a mortgage Banker with virtually unlimited options available for conventional, FHA, VA, Texas home equity loans, refinance loans, reverse mortgages, Dallas home loans http://www.texaslending.com/dallas.htm, Houston home loans ...

and more »


A Note on The Implications Of Flat Fee Pricing; Lender Updates...
Mortgage News Daily
Certainly this drop in mortgage rates is causing a nice rally in mortgage-backed security prices (or vice versa). The March TIC (Treasury International Capital) data showed that overseas investor holdings of agency MBS declined by $9 billion in March ...

and more »


Monarch Bank is Now Open in Suffolk
NASDAQ
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Monarch Bank is Now Open in Suffolk
GlobeNewsWire (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Monarch Bank is Now Open in Suffolk
MarketWatch (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Find first-time homebuyer help
Rochester Democrat and Chronicle
MARIE DE JESUS / STAFF PHOTOGRAPHER With its low down payment requirements, FHA is an attractive mortgage program for first-time homebuyers who qualify. The down payment requirement is only 3.5 percent, with only the VA loans for military veterans ...

and more »

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 »


W*USA 9

5 Plead Guilty In $1.5M Mortgage Fraud Scheme
W*USA 9
ALEXANDRIA, Va. (WUSA) - Five people have pled guilty to conspiring to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Va. according to Neil H. MacBride, United States Attorney for the Eastern District of ...

and more »


5 Admit Guilty While 1 Still in Trial for $1.5 Million Mortgage Fraud Scheme
LoanSafe
( Source: US Justice Department) ? Five individuals have pled guilty to conspiring together to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Va. A federal grand jury has also indicted an individual for his ...

and more »


Five Plead Guilty and One Man Indicted in $1.5 Million Mortgage Fraud Scheme
7thSpace Interactive (press release)
ALEXANDRIA, VA?Five individuals have pled guilty to conspiring together to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Virginia. A federal grand jury has also indicted an individual for his alleged role in ...

and more »


Monarch Bank is Now Open in Suffolk
Citybizlist (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com is a mortgage Banker with virtually unlimited options available for conventional, FHA, VA, Texas home equity loans, refinance loans, reverse mortgages, Dallas home loans http://www.texaslending.com/dallas.htm, Houston home loans ...

and more »


A Note on The Implications Of Flat Fee Pricing; Lender Updates...
Mortgage News Daily
Certainly this drop in mortgage rates is causing a nice rally in mortgage-backed security prices (or vice versa). The March TIC (Treasury International Capital) data showed that overseas investor holdings of agency MBS declined by $9 billion in March ...

and more »


Monarch Bank is Now Open in Suffolk
NASDAQ
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Monarch Bank is Now Open in Suffolk
GlobeNewsWire (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Monarch Bank is Now Open in Suffolk
MarketWatch (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Find first-time homebuyer help
Rochester Democrat and Chronicle
MARIE DE JESUS / STAFF PHOTOGRAPHER With its low down payment requirements, FHA is an attractive mortgage program for first-time homebuyers who qualify. The down payment requirement is only 3.5 percent, with only the VA loans for military veterans ...

and more »