The loan blog

Treasury says latest mortgage-aid report flawedThe Associated PressWASHINGTON — The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater …Treasury Dept. Pushing Mortgage Mod. ProgramCBS 4all 84 news articles » More: continued here

Free Times Bank of America is Succeeding With Its Mortgage Loss Mitigation AssistanceStock Markets ReviewSome of the country's top loan modification agencies, including 1st Foreclosure Prevention, have been assisting Bank of America with its mortgage loan …Closing the Door on HomeownersFree TimesAll-Time Low Mortgage Rates: Time To Refinance?San Francisco ChronicleA cash-in refinance can cut mortgage [...]

Financial Times Banks tighten up mortgage lendingRTE.ieA survey carried out by the Central Bank has found that banks tightened up on lending for mortgages in the second quarter of this year, while lending …Lending controlsIrish TimesTighter terms fail to crimp credit demandFinancial TimesEurozone debt crisis weighed on bank lending: ECBEconomic TimesIrish Timesall 129 news articles » [...]

New York Daily News Freddie: 'Cash-In' Mortgage Refinances Stayed Strong In 2QWall Street JournalMore than 20% of homeowners who refinanced their first-lein mortgages in the second quarter paid additional money at the closing table to reduce their …Mortgage rates increase, but remain lowChristian Science MonitorDemand for mortgages slows as interest rates riseExaminer.comMortgage Bankers Association: Applications [...]

MonitorBankRates.com Daily Mortgage Rates: July 28, 2010LoanSafeMortgage rates have remained very steady over the last few months as the housing market struggles to rebound. Keeping rates as low as possible is crucial to …Fixed-rate mortgages vs. ARMsBankrate.comMortgage Rates as of July 28th 2010Mortgage Rates & Trends (blog)Mortgage rates rise slightlyBizjournals.comHa’aretz -National Post (registration) (blog) -Housing Wireall 20 [...]

Bobsguide (press release) BofA Merrill to sell $92 mln reverse mortgage RMBSReutersNEW YORK July 28 (Reuters) – Bank of America Merrill Lynch plans to sell a $92 million bond backed by troubled reverse mortgages insured by the federal …South Africa: Merrill Cautious Despite Growth in Bank LendingAllAfrica.comall 158 news articles » More: continued here

eCreditDaily.com Fannie Launches Policy to Facilitate Mortgage Insurance ValidationHousing WireFannie Mae is widening its interaction with insurers of mortgages it owns or securitizes as part of an effort to improve the accuracy of …Debating the Securitization of MortgagesNew York Times (blog)Many Ideas, Little Direction for GSEs' FutureOn Wall StreetTreasury to hold conference on Fannie, FreddieThe [...]

Goldman, Citigroup Plan to Sell $788.5 Million of Commercial Mortgage DebtBloombergThe current offering marks the third sale to pool commercial mortgages from multiple borrowers this year, Bloomberg data show. JPMorgan Chase & Co. was the …Goldman, Citigroup announce $788.5 million CMBSReutersGoldman, Citi in US$788.5 mln CMBS deal: term sheetBusiness Times (subscription)all 6 news articles » More: [...]

Plain Dealer (blog) CITY OF CLEVELAND v. AMERIQUEST MORTGAGE SECURITIES, INC.Leagle.com[ 1 ] Cleveland argues that the Defendants' financing of subprime mortgages, the alleged public nuisance, led to a foreclosure crisis in Cleveland that …Cleveland loses appeal of Wall St. mortgage caseReutersWall Street 1, Cleveland 0: City can't sue banks for bad loansCNNMoneyCity of Cleveland [...]

Apartment Finance Today HUD Study to Assess Consumer Protection Gaps for Reverse MortgagesReverse Mortgage DailyThe Department of Housing and Urban Development is soliciting public comments on a proposal to conduct a reverse mortgage study to determine the extent in …Mortgage sensePress-EnterpriseHUD Makes $79M Available In Housing Counseling GrantsMortgageorbHUD Offers $79 Million in Grants for Housing [...]