ARM, HELOC mortgage borrowers could get a break if Fed lowers rates – Bankrate.com

ARM, HELOC mortgage borrowers could get a break if Fed lowers rates  Bankrate.com Some borrowers might see lower monthly payments come the end of July if Federal Reserve Chairman Jerome Powell lowers interest rates. The federal funds … “how to sell mortgage note” – Google News

30-year mortgage falls below 4%, and lots of borrowers take advantage – Bankrate.com

30-year mortgage falls below 4%, and lots of borrowers take advantageBankrate.comThe yield on the 10-year Treasury note is up from about 1.92% on Oct. 2 to around 2.07% Wednesday afternoon. "I think the stock market's rallying on the idea that the … Pacific Mortgage in White Marsh, Maryland. Usually, when stocks rally, bonds sell … […]

In a Subprime Bubble for Used Cars, Unfit Borrowers Pay Sky-High Rates – New York Times

In a Subprime Bubble for Used Cars, Unfit Borrowers Pay Sky-High RatesNew York TimesThe loans often come with terms that take advantage of the most desperate, least financially sophisticated customers. The surge in lending and the lack of caution resemble the frenzied subprime mortgage market before its implosion set off the 2008 …and more » how […]

Borrowers see glitches as big banks sell off mortgage rights – News & Observer

Borrowers see glitches as big banks sell off mortgage rightsNews & ObserverAs servicing mortgages grows less lucrative, they're selling the rights to do so in deals measured by the billions. …. Similarly, Nationstar is seeking to quadruple its overseas workforce, from about 250 to 1,000, Wells Fargo analysts wrote in a …and more » how to […]

Borrowers see glitches as big banks sell off mortgage rights – Modesto Bee

Borrowers see glitches as big banks sell off mortgage rightsModesto BeeAs servicing mortgages grows less lucrative, they're selling the rights to do so in deals measured by the billions. …. Similarly, Nationstar is seeking to quadruple its overseas workforce, from about 250 to 1,000, Wells Fargo analysts wrote in a … how to sell mortgage […]

Mortgage policy changes under HARP helping more borrowers – The Star-Ledger – NJ.com

Mortgage policy changes under HARP helping more borrowersThe Star-Ledger – NJ.comAnother factor is that it's getting harder for lenders to make money originating traditional mortgages. The amount that lenders make from packaging loans into securities and selling them to investors may be down as much as 40 percent from last quarter …and more » how to […]

New Short Sale Rules Should Expedite Sales, Approve More Borrowers – LoanSafe

New Short Sale Rules Should Expedite Sales, Approve More BorrowersLoanSafe(MCT) Florida homeowners with underwater mortgages should experience easier short sales with new federal guidelines that automatically qualify some borrowers, and offer incentives to second mortgage holders to approve contracts. The rules, announced …and more » how to sell mortgage note – Google News

New short sale rules should expedite sales, approve more borrowers – Palm Beach Post

CBS News New short sale rules should expedite sales, approve more borrowersPalm Beach PostFlorida homeowners with underwater mortgages should experience easier short sales with new federal guidelines that automatically qualify some borrowers, and offer incentives to second mortgage holders to approve contracts. The rules, announced Tuesday …Feds move to speed home "short sales"CBS Newsall 99 […]

CREDIT MARKETS: Corporate Borrowers Flood Market – Wall Street Journal

CREDIT MARKETS: Corporate Borrowers Flood MarketWall Street JournalThe two-year note was flat to yield 0.234%. Bond prices and yields move in opposite directions. The rally was somewhat tempered ahead of this week's $ 72 billion in new debt sales. The Treasury Department is scheduled to sell $ 32 billion in three-year …and more » how to […]

Sluggish mortgage sales – but borrowers still need to find home insurance – Mortgage Finance Gazette Online

Sluggish mortgage sales – but borrowers still need to find home insuranceMortgage Finance Gazette OnlineAs we know, general insurance has not typically been regarded as a core part of a mortgage adviser's product portfolio. However, during the last two to three years we have seen increasing evidence of intermediaries selling more GI – against a […]