Archive for News

Family faces foreclosure – Coeur d’Alene Press

Family faces foreclosureCoeur d’Alene PressThe Morgan/Cochrane family is selling their belongings in an effort to save foreclosure procedures on the mortgage of their Rathdrum home. From left, Caleb Morgan, Gavin Morgan, Jacob Cochrane, Jane Morgan, Charlie Morgan, Rachael Cochrane and Seth … how to sell mortgage note – Google News

CREDIT MARKETS: Facebook Lackluster IPO, Europe Fears In Focus – Wall Street Journal

CREDIT MARKETS: Facebook Lackluster IPO, Europe Fears In FocusWall Street JournalThe dealers a week ago had hoped the benchmark, "A4" 10-year bonds could sell for as little as 115 basis points over swaps. Treasury bonds fizzled and then sizzled back on Friday, leaving the prospects wide open for the benchmark 10-year note's yield …and more » [...]

Irish Banks May Tip State Into Bailout 2, Deutsche Bank Says – Bloomberg

Bloomberg Irish Banks May Tip State Into Bailout 2, Deutsche Bank SaysBloombergThe government's plan for new personal insolvency laws introduces risks even as politicians and the financial regulator seek to avoid widespread residential mortgage debt forgiveness, Deutsche Bank said. “Although resilient during 2009 and 2010, …and more » how to sell mortgage note – Google News

Boom-Era Debt Sparking German Apartment Sales: Mortgages – Bloomberg

Boom-Era Debt Sparking German Apartment Sales: MortgagesBloombergGagfah Selling Apartments Gagfah SA (GFJ), controlled by New York-based Fortress, said earlier this month it may sell 38000 apartments because 3.3 billion euros of mortgages backed by the properties are due to mature next year.and more » how to sell mortgage note – Google News

The CFPB already has how many employees? And LO’s wonder… – Mortgage News Daily

The CFPB already has how many employees? And LO's wonder…Mortgage News DailyAnd LO's wonder, "Could mortgage rates really go lower?" Accenture Credit Services announced that, "Low interest rates, less competition, more regulation and tighter credit standards have pushed the time it takes the biggest mortgage lenders to …and more » how to sell mortgage note – [...]

Sacto 911: Sacramento real estate agent convicted in mortgage fraud case – Sacramento Bee

Sacto 911: Sacramento real estate agent convicted in mortgage fraud caseSacramento BeeBy Cathy Locke Sacramento real estate agent Behrooz Badie has been convicted of of mail fraud in a mortgage fraud case. A federal jury in Sacramento found Badie, 53, guilty of 13 counts of mail fraud following a six-day trial before US District Judge [...]

CREDIT MARKETS: Treasurys Near Record Lows; Market ‘Resilient’ – Wall Street Journal

CREDIT MARKETS: Treasurys Near Record Lows; Market 'Resilient'Wall Street JournalThe 10-year note's yield, which moves inversely to its price, touched as low as 1.759%, the lowest level since October. The yield now trades just about 10 basis points away from 1.672% set in September, a level previously hit in February 1946.and more » how to sell [...]

Alabama lawsuits challenge electronic mortgage system – The Birmingham News – al.com (blog)

The Birmingham News – al.com (blog) Alabama lawsuits challenge electronic mortgage systemThe Birmingham News – al.com (blog)The company is recorded in local land records as the mortgagee of record on all the mortgages for members. Banks or other lending institutions may sell the promissory notes to each other a number of times. But as long [...]

Homes for Sale Grow Scarce as Sellers Await Higher Prices – BusinessWeek

Homes for Sale Grow Scarce as Sellers Await Higher PricesBusinessWeekAbout 11.1 million homeowners have negative equity, or owe more on their mortgages than their homes are worth, which limits their mobility, according to a March 1 report by real estate data provider CoreLogic Inc. (CLGX) (CLGX) An additional 2.5 …and more » how to sell mortgage [...]

Ally unit ResCap files for bankruptcy – The Detroit News

Globe and Mail Ally unit ResCap files for bankruptcyThe Detroit NewsAlly's troubled mortgage unit Residential Capital LLC filed for Chapter 11 bankruptcy early Monday, as the Detroit-based Ally said it may sell its international businesses. Ally's foreign operations account for $ 30 billion of the $ 180 billion on its …Ally hopes to end mortgage [...]

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