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Tuesday December 8, 2009
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Mortgage Refinancing News is an EIN News Service for real estate professionals. Constantly updated news and information about reale state.
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Latest Mortgage Refinancing News

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  • Real Estate Lingo, Real Estate Glossary, Real Estate, Relocation 8 Dec 2009 15:31 GMT
    ... is a lot of uncertainty. The sub-prime mortgage crisis is the buzz word phrase that ... owned by private stockholder. This enterprise purchases residential mortgages and converts them into securities for ... elapses, the balance is due or is refinanced by the borrower. Bankruptcy: Is a federal ...

  • Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October 8 Dec 2009 14:01 GMT
    ... Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October ... last week's requests, 51 percent were for refinance loans, 48 percent were for purchase loans ... Rate Monitor is compiled each week using thousands of mortgage rates for conforming loans quoted ...

  • Mortgage rates rise for first time in weeks 8 Dec 2009 16:59 GMT
    ... weekly average rate for a 30-year fixed mortgage rose in the U.S. to 4.67 percent ... since mid-October, according to The Seattle online real estate company’s Zillow Mortgage Rate Monitor indicated that ... with 51 percent of those requests for refinance loans. ...

  • Home Prices Rise 1.1 Percent in Third Quarter 8 Dec 2009 17:16 GMT
    ... (NYSE: FRE) announced today that its Conventional Mortgage Home Price Index (CMHPI) Purchase-Only Series registered ... " The CMHPI Purchase-Only Series excludes all refinancings in its calculation. Freddie Mac also produces ... liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across ...

  • The ABCs of reverse mortgages 8 Dec 2009 15:10 GMT
    ... large wad of cash! Never make a mortgage payment again! Stay in your home as long ... transaction works. It's a loan on your house that lets you tap your home's equity. ... maximum loan amount. Reverse mortgages can be refinanced. You will pay loan costs for the ...

  • The ABCs of reverse mortgages 8 Dec 2009 16:42 GMT
    ... large wad of cash! Never make a mortgage payment again! Stay in your home as long ... transaction works. It's a loan on your house that lets you tap your home's equity. ... maximum loan amount. Reverse mortgages can be refinanced. You will pay loan costs for the ...

  • Built on infomercial, Lend America fails homeowners 8 Dec 2009 16:44 GMT
    ... infomercials, did not fulfill all obligations when refinancing loans into government-backed mortgages, including paying off existing liens. As of Dec. ... company closed its doors after the Federal Housing Administration withdrew its approval for Lend America ...

  • Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October 8 Dec 2009 13:43 GMT
    ... Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October ... last week's requests, 51 percent were for refinance loans, 48 percent were for purchase loans ... Rate Monitor is compiled each week using thousands of mortgage rates for conforming loans quoted ...

  • Bank of America Mortgage Modification Efforts 8 Dec 2009 10:55 GMT
    ... long-term solutions to help distressed customers sustain homeownership," said Jack Schakett, credit loss mitigation strategies ... the industry leader in the Home Affordable Refinance Program (HARP), the second key component of ... America customers who are current on their mortgage payments have benefitted from enhanced loan-to-value ratios or ...

  • Maguire refinances KPMG Tower 8 Dec 2009 11:07 GMT
    ... million 5-year financing for its KPMG Tower property in downtown Los Angeles, the company said ... in a release. Net proceeds of the refinancing were about $130 million after repayment of ... after repayment of the existing $210 million mortgage loan and the payment of loan reserves ...

  • Shore Mortgage Locks in 4.5% (5.192% APR) 30-Year FHA Loans for Qualifying Applicants 8 Dec 2009 16:50 GMT
    ... Shore Mortgage Locks in 4.5% (5.192% APR) 30-Year FHA Loans ... 2009, Michigan-based Shore Mortgage is offering qualifying homeowners seeking a new mortgage or refinancing, the low locked in rate of 4.5% ...

  • Shore Mortgage Locks in 4.5% (5.192% APR) 30-Year FHA Loans for Qualifying Applicants (PRN) 8 Dec 2009 16:54 GMT
    ... Shore Mortgage Locks in 4.5% (5.192% APR) 30-Year FHA Loans ... 2009, Michigan-based Shore Mortgage is offering qualifying homeowners seeking a new mortgage or refinancing, the low locked in rate of 4.5% ...

  • Bank of America says 600,000 mortgages modified 8 Dec 2009 00:22 GMT
    ... Bank of America says 600,000 mortgages modified CALABASAS, Calif. -- Bank of America Corp. ... through loan modifications for more than 600,000 homeowners since January 2008. The renegotiated loans were ... said it has provided $215 billion to refinance existing mortgages. Bank of America was one ...

  • BofA says 600,000 mortgages modified 8 Dec 2009 10:54 GMT
    ... America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since January 2008. The renegotiated loans were ... said it has provided $215 billion to refinance existing mortgages. Bank of America was one ...

  • Home mortgage refinance loan with Obama's stimulus plan as 2% Rates 8 Dec 2009 11:58 GMT
    ... ...


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