The loan blog

MiamiHerald.com Home Loan Mortgage Refinance Rates Low For Wells Fargo HomeownersRed, White, and Blue Press (blog)With interest rates on home mortgage loans at a low point, many Wells Fargo homeowners are looking to refinance there current mortgage …Bank of America Refinance Mortgage Rates – Home Loans Moving UpSubprime Blogger (blog)Mortgage Rates on 30-Year US Loans [...]

ABC News HAMP: Permanent loan mods up 45%Inman.comPermanent loan modifications increased by 45 percent in February, according to a report of the Obama Administration's Home Affordable Modification Program …Borrowers wait for answers on Obama loan planThe Associated PressBank Of America Boosts Loan Modification Efforts In MarchAHN | All Headline NewsColorado sees low use of stimulus [...]

Common Dreams (press release) New funding projection could squeeze Obama's education agendaWashington PostThere is some debate over which estimate for the student-loan bill should apply. But congressional and administration insiders say it appears virtually …Loan bill may not pass due to healthcareUW Badger HeraldCampus Protests Should Remind Us All of College's ValueHuffington Post (blog)Why is [...]

New York Daily News Foreclosure Victims Becoming More CommonBestCashCow.com (blog)According to recent figures, about 15 percent of homes with mortgages are behind in payments. That is almost eight million homeowners! …BofA and the Parrot: Bird's Eye View of the Foreclosure MessWall Street Journal (blog)Bank of America Forecloses on Wrong House, Abducts MacawConsumer Affairsall 348 news [...]

The Guardian Fed Helped Bank Raise Cash QuicklyNew York TimesThe Fed also lowered its standards for the kinds of collateral that it would accept against such short-term loans. Lehman, desperate for financing, …Repos Played a Key Role in Lehman's DemiseWall Street JournalLehman: How it disguised its frailtyBBC News (blog)Dick Fuld Unaware of Lehman's 'Cooking the [...]

The Guardian Mortgage lending dives after end of stamp duty holidayIndependentThe number of mortgages issued in January slumped by nearly half, as UK homebuyers deserted the market after stamp duty relief ended. …Mortgages Halve As Tax Break EndsSky NewsHousing market turnover falls despite record low rates on new mortgagesFinancial TimesFears grow that new mortgage drought [...]

Payday loan issue resurfacing at Ariz. LegislatureKOLD-TV… 30 termination date now included in state law for the small short-term loans that are exempted from Arizona's 36-percent cap on annual interest rates. …and more » More: continued here

ABC News Borrowers in foreclosure prevention plan losing mortgage aidWashington PostAbout 90000 distressed borrowers have lost their mortgage aid under the government's foreclosure prevention plan, and many more are at risk …Permanently modified mortgages grow by 45%, government saysLos Angeles TimesBofA, Wells gov't mortgage modifications up in FebReutersPermanent mortgage loan modifications rise 50% in Chicago [...]

MiamiHerald.com Quinn wants to borrow nearly $5 billion _ but how?The Associated PressThen, the state could get short-term loans, as it did when it borrowed $1.25 billion last August at an interest rate of just over 1 percent. …The question is where can Illinois get $4.7 billion governor wants to borrowWQADall 575 news articles » More: [...]

Nabbing a Bargain-Basement Mortgage Before Rates RiseWall Street JournalIs it time to rush out and buy a house before mortgage rates go up? As the Federal Reserve winds down its intervention in the mortgage…and more » More: continued here