Archive for February, 2010
Ocwen Financial President Ron Faris: Trying to make mortgages work
Ocwen Financial President Ron Faris: Trying to make mortgages work
Freddie Mac To Stop Buying Interest-only Mortgages
Freddie Mac To Stop Buying Interest-only Mortgages
Turner backs creation of agency to curb risky mortgages
WASHINGTON — A new report urges Congress to create a federal agency that would curb the type of risky mortgages that helped lead to the housing foreclosure crisis in Dayton and the rest of the country.The report, issued Thursday by Rep.
Nearly 25% of all mortgages are underwater
More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.
Nearly 25% of all mortgages are underwater
More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.
High-Scoring Borrowers Pay Cards Ahead of Mortgages
Consumers with high credit scores are more likely to default on mortgages than credit-card loans, said FICO, maker of the scoring formula most widely used by U.S. lenders.
High-Scoring Borrowers Pay Cards Ahead of Mortgages
Consumers with high credit scores are more likely to default on mortgages than credit-card loans, said FICO, maker of the scoring formula most widely used by U.S. lenders.
One In Ten Texans Behind On Mortgages
The Mortgage Bankers Association reports more than ten-percent of all Texas homeowners who have mortgages are behind at least one month in their payments.
Mortgages foreclosing, delinquent at 15 percent in Q4
A record proportion of U.S. mortgages were in foreclosure or at least one payment past due in the fourth quarter, according to industry data showing the fragile state of the recovery in the housing market.
Bank Of America Modifies 12,700 Mortgages
Bank of America says it quadrupled the number of modified mortgages for its customers in the past month.
