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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, ...

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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 ...

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Is the government backing a new housing bubble?
MSN Money
Right now, under a plan introduced by President Barack Obama, an FHA-qualifying US homebuyer can apply for a 30-year mortgage with a 30 year fixed interest rate of 3.75 percent and a 15-year fixed mortgage at 3 percent. By The Fiscal Times 45 minutes ...

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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 ...

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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 ...

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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)
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 ...

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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 ...

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A Note on The Implications Of Flat Fee Pricing; Lender Updates...
Mortgage News Daily
Provided that they're located in HUD- or DE lender-approved projects, units in projects that are absent from Flagstar Bank's denied list and listed as approved in the FHA's Condominium Search Engine are eligible for financing by the FHA.

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World News Resource

Wells Fargo Mortgage Rates Today: Best Refinance Rates Spur Application Boom
World News Resource
Those looking for the FHA version of the 30 year home purchase loan will find the package carrying a fixed rate of 3.375% and an APR of 4.060%. Among the leading adjustable rate home purchase deals on the cards today is the 5/1 ARM at a daily low of ...

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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.

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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.

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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 ...

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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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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 ...

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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 ...

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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 ...

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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 ...

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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 :

WWAY NewsChannel 3

Democrats' group paying for anti-McCrory ad in NC
WWAY NewsChannel 3
RALEIGH, NC (AP) -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

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Democrats' group paying for anti-McCrory ad in NC
Charlotte Observer
AP RALEIGH, NC The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

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Democrats' group paying for anti-McCrory ad
Burlington Times News
AP RALEIGH ? The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
BlueRidgeNow.com
AP The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business. The group called North ...

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Democrats' group paying for anti-McCrory ad in NC
Daily Comet
AP RALEIGH, NC - The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

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FOX Carolina 21Democrats' group paying for anti-McCrory ad in NC
WHNS Greenville
Entertainment News from AP RALEIGH, NC (AP) - The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and ...

and more »


Democrats' group paying for anti-McCrory ad in NC
News & Observer
AP RALEIGH, NC -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
MyrtleBeachOnline.com
AP RALEIGH, NC -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WBTV
RALEIGH, NC (AP) - The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Democrats' group paying for anti-McCrory ad in NC
WCNC
by AP RALEIGH, NC (AP) -- The Democratic Governors Association is bankrolling a television ad in North Carolina markets critical of Republican gubernatorial nominee Pat McCrory and his involvement in a Charlotte-based lending and real estate business.

and more »


Condo associations can be liable under consumer protection law, Md. court rules
Washington Post
Many would assume the type of bad actors falling under the jurisdiction of that law to be car dealers, grocery stores and even mortgage brokers and lenders. But condominiums? Yes, according to the Maryland Court of Appeals, the state's highest court, ...



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, ...



Maryland restores money for biotechs, stem cell research fund
Gazette.Net: Maryland Community News Online
by Kevin James Shay, Staff Writer For Maryland businesses, this week's special legislative session resulted in a mixed bag, executives say. Legislators restored funding for the biotechnology investment tax credit program and stem cell research fund, ...

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Principal Reductions Won't Solve the Mortgage Mess
Bloomberg
There are 11.1 million residential properties with underwater mortgages, only about 3 million of which are backed by Fannie and Freddie. Almost 80 percent of those 3 million borrowers, however, are current on their mortgage, demonstrating their ...

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Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
But mortgage debt isn't the only problem: Connecticut also ranked fifth in the nation in terms of highest credit card debt per person. 8. Maryland -- 7.14% of outstanding mortgage balances are at least 90 days delinquent Today, 30% of all mortgages in ...



Chief Financial Officer Sentenced in $78 Million Dream Home Mortgage Fraud Scheme
Mortgage Daily
... mortgages on their "Dream Homes" but left them to fend for themselves. Judge Titus also entered an order requiring Nelson to pay restitution of $34340830.13. The sentence was announced by United States Attorney for the District of Maryland Rod J.

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Illinois third in foreclosures despite national improvement
Morris Daily Herald
Almost 7.5 percent of mortgage loans on one- to four-unit residential properties in Illinois were in foreclosure at the end of March, compared with a national average of 4.39 percent, according to data released Wednesday by the Mortgage Bankers ...

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Maryland's New Mortgage Delinquencies Improve
LoanSafe
(Source Jamie Smith Hopkins The Baltimore Sun (MCT) ? The share of Maryland homeowners newly behind on mortgage payments fell to the lowest level for March in four years ? an important milestone because the state's new-delinquency figure is now better ...

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C&F Financial Corporation Announces Quarterly Dividend
Sacramento Bee
... services through its subsidiary C&F Investment Services, Inc. C&F Mortgage Corporation provides mortgage, title and appraisal services through 20 offices located in Virginia, Maryland, North Carolina, Pennsylvania, Delaware and New Jersey.

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Fewer new mortgage problems in Maryland, more older ones
Baltimore Sun
That's as of March, the newest figures from the Mortgage Bankers Association. There's an argument brewing over why Maryland has a big backlog of pre-foreclosure and foreclosure cases -- the so-called "shadow inventory" that, odds are, will eventually ...

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