Abbey for Intermediaries has launched a new key account exclusive and has also reduced rates by up to 0.20% on its new Flexi Homebuyer and remortgage products.

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AfI launches key account exclusive and cuts rates

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After a theft involving home loans, should lenders bear any blame? That’s at issue in a case now in a New York State court.

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The Swindler and the Home Loans: A Long Island Case

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With kids ages 2, 4 and 10, LaShawnda Green felt cooped up in her apartment. “It was time for me to find a home for my family,” she said, one with a backyard where the kids could play.

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Alternatives to mortgages, land contracts give buyers, sellers control of home sale

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Borrow now to avoid being pushed into a pricier jumbo mortgage when loan limits are reduced.

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Watch for falling mortgage limits

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Mortgage rates rise, and analysts warn that debt worries could raise them even higher.

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Volatility imperils mortgage stability

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New homeowners from Wood River were recognized on Wednesday after they received the $1 billionth in home loans through the USDA Rural Development program in Nebraska.

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USDA Rural Development surpasses $1 billion in home loans

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New homeowners from Wood River were recognized today after they received the $1 billionth in home loans through the USDA Rural Development program in Nebraska.

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$1B in USDA home loans

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NEW YORK — Three of the “big four” U.S. banks still have significant exposure to option-payment adjustable-rate mortgages– or option-ARMs — leftover from the subprime mortgage boom. But the prolonged low-rate environment has given borrowers a brief financial respite, and lenders are using opportunity to modify the mortgages and push homeowners into lower-risk financing.

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Mortgages Banks Are Happy to Modify

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A reverse mortgage is just one option open to seniors needing extra cash in retirement.

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2 homes, 2 reverse mortgages?

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NEW YORK – Bank of America Corp and JPMorgan Chase & Co have started modifying tens of thousands of mortgages where the banks deem the loans especially risky, even if the borrowers have not asked, the New York Times reported on Sunday.

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Banks cutting principal on some mortgages: NYT

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