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Saturday, February 26, 2011

Mortgage Rates News



News10 new results for Mortgage
 
30-year mortgage rates again below 5 percent
Washington Post
The average rate on a five-year adjustable-rate mortgage fell to 3.80 percent from 3.87 percent. The five-year rate hit 3.25 percent last month, the lowest rate on records dating back to January 2005. The average rate on one-year adjustable-rate home ...
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If you can afford it, this could be the time to buy that bigger house
Washington Post
By Ilyce Glink and Samuel J. Tamkin I own a home and owe $388000 on the mortgage. I think the home is probably worth $370000. I bought the home for $417000 in 2006, so I've taken a big hit on equity like everyone else. I have no issue making the ...
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Mortgage probe by Congress
New York Post
Congressman Elijah Cummings, (D-Md.), launched a probe into "mortgage servicer abuse" as a ranking minority member of the Committee on Oversight and Government Reform, which has authority to investigate governmental waste, fraud, and abuse. ...
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3 Banks Warn of Big Penalties in Mortgage Inquiries
New York Times
By NELSON D. SCHWARTZ and ERIC DASH Several big banks warned investors on Friday that they could face sizable financial penalties as a result of state and federal investigations into abusive mortgage practices. The disclosures by Bank of America, ...
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New York Times
14 arrested in Sarasota mortgage fraud conspiracy
MiamiHerald.com
Federal prosecutors say 14 people have been indicted on charges of mortgage fraud related to $47 million worth of property in the Sarasota area. The US Attorney's Office announced the indictments Friday. The defendants are accused of lying on mortgage ...
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What Should You Do To Qualify For A Low Home Mortgage Rate?
Mortgage11
"To qualify for a low rate mortgage refinance deal, the homeowner should take certain essential steps like requesting for a free credit report, making the payment regularly, equity in the home etc. The borrower should also have a stable job, ...
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Former Ocala Mortgage Co. Official Pleads Guilty
The Ledger
The former treasurer of Ocala's Taylor, Bean & Whitaker Mortgage Corp., once the nation's 12th-largest mortgage lender, has admitted to helping run a $1.9 billion fraud scheme that targeted the government's Troubled Asset Relief Program and contributed ...
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Few Useful Tips To Qualify For The California HAMP Home Loan Modification Plan
Mortgage11
It could be significant for you to look for California loan modification Attorney help at the earliest if you are finding it hard to stay current on your monthly mortgage installments and thereby, faced with impending home foreclosure. ...
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Bank of America Says Foreclosure Sales Resume in Most States
Bloomberg
By Dakin Campbell - Fri Feb 25 22:36:43 GMT 2011 Bank of America Corp., the largest US mortgage servicer, said it restarted foreclosure sales in most US states after fixing its practices and expects to resume in the remaining states in the current ...
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As deficit looms larger, senators' eye cuts in mortgage interest deductions
Washington Post
Just because President Obama's latest budget proposal calls for rollbacks in mortgage interest deductions solely for high-income taxpayers, should you assume that all of your write-offs as a homeowner are secure from attack? Absolutely not. ...
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Blogs5 new results for Mortgage
 
» Get Mortgage Help from Fannie Mae & Learn How to Avoid Foreclosure
By David Bakke
Are you behind on your mortgage payments and facing foreclosure on your home? Learn more about Fannie Mae's Know Your Options to get help paying.
Money Crashers - http://www.moneycrashers.com/
Cummings Backs Obama With Mortgage Fraud Investigation | TPMDC
By Susan Crabtree
Rep. Elijah E. Cummings (D-MD), the ranking member of the House Committee on Oversight and Government Reform, Friday is backing up President Obama's hard line on mortgage abuses with his own wide-ranging investigation into foreclosure ...
TPM Election Central - http://tpmelectioncentral.talkingpointsmemo.com/2008/03/obama_campaign_has_yet_to_sign.php
Mortgage Deal Being Discussed with the Banks | The Agonist
Reports have begun to appear in the American business press of a possible settlement among banks and their regulators over the mortgage mess in the U.S. The various players in this settlement are leaking stories to business reporters in ...
The Agonist - thoughtful, global, timely - http://agonist.org/
Wells Fargo Says Mortgage Probe May Trigger Enforcement
By The Huffington Post News Editors
Wells Fargo & Co.'s lending and foreclosure practices probably will draw an enforcement action that may include a fine, the bank said today in a regulatory filing.
The Full Feed from HuffingtonPost.com - http://www.huffingtonpost.com/tag/pollster-analysis
When Buying Foreclosures, Check if Bank Owns Mortgage
A ruling will certainly protect those who are looking into buying foreclosures in Massachusetts. The Supreme Judicial Court will be looking into whether or not a home buyer can own a foreclosed home if the foreclosure itself was legally ...
- http://www.realestateproarticles.com/

Web1 new result for Mortgage
 
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. (February 23, 2011) — Mortgage applications increased 13.2 percent from one week earlier, according to data from the Mortgage Bankers ...
www.mbaa.org/NewsandMedia/PressCenter/75740.htm



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