For US Banks, Headwinds Keep Blowing – Wall Street Journal

Wall Street Journal For US Banks, Headwinds Keep BlowingWall Street JournalRegulations adopted following the financial crisis, which were designed to make banks safer, will also continue to restrain profitability by pushing the lenders out of some businesses and forcing them to sell riskier assets and hold more capital … how to sell mortgage note – […]

Low gas prices become gifts that keep on giving – TheNewsTribune.com

Low gas prices become gifts that keep on givingTheNewsTribune.comGreat if you were buying, not that many were, locked in as many were to where they were because of meager job mobility (see unemployment rate, above), or locked in to a home they couldn't sell without taking a financial bath. … Of course …and more » how […]

Should you keep the house or sell it? – Miami’s Community Newspapers

Should you keep the house or sell it?Miami’s Community NewspapersIf you keep the house, your former spouse will demand to be removed from any mortgage note on the property. However, the bank does not care about the divorce or who now owns the deed. The bank wants its money back. So if you are keeping […]

Lewis Chamberlain: Which financial documents should you keep and for how … – Record-Searchlight

Lewis Chamberlain: Which financial documents should you keep and for how …Record-SearchlightMortgage documents, mortgage statements and HELOC statements. As a rule, keep mortgage statements for the ownership period of the property plus seven years. As for your mortgage documents, you may wish to keep them for the ownership period of the … how to sell […]

In Digital We Trust: 4 Questions to Keep Your Reputation in Check – Forbes

Forbes In Digital We Trust: 4 Questions to Keep Your Reputation in CheckForbesVery soon, your online reputation will be far more significant than your traditional credit rating or FICO score has been for getting jobs, apartments, the best interest rate on mortgages, or even a run-down couch off of Freecycle. Start-ups are … how to […]

Huge mortgage debts keep the housing market tumbling – Christian Science Monitor

Christian Science Monitor Huge mortgage debts keep the housing market tumblingChristian Science MonitorIn an overwhelming number of cases, homeowners owe more on their mortgages than their houses are actually worth. By Douglas French, Guest blogger / May 30, 2012 This February 2012 file photo shows a for sale sign in front of a home, in […]

Moynihan Tries to Keep Bank of America Intact as Mortgage Loans Fall Apart – Bloomberg

Los Angeles Times Moynihan Tries to Keep Bank of America Intact as Mortgage Loans Fall ApartBloombergAnd industry lobbyists are still trying to blunt rules on how much capital banks must hold, how they sell mortgages, and what kind of trading they can do for their own accounts. To avoid future taxpayer bailouts, the law required […]

Foreclosure stories: Metro Detroit readers endure red tape, fight to keep … – Detroit Free Press

Foreclosure stories: Metro Detroit readers endure red tape, fight to keep …Detroit Free PressMy thought was if they could sell my house for that why they couldn't modify my loan so that I could pay it. I can pay a $ 133821 payment…but where do I get that money from in one lump payment. I […]

Fannie Mae pressures banks to foreclose, contrary to its promises to keep … – Detroit Free Press

Fannie Mae pressures banks to foreclose, contrary to its promises to keep …Detroit Free PressThe Free Press also obtained internal records revealing that the taxpayer-supported mortgage giant has told banks that it expected them to sell off a fixed percentage of foreclosed homes. In one letter sent to banks around the country last year, …and […]

Keep mortgage market alive with Fannie, Freddie – San Francisco Chronicle

Austin News Keep mortgage market alive with Fannie, FreddieSan Francisco ChronicleBut thanks to private capital's retreat from the mortgage market, Fannie Mae and Freddie Mac are also the only game in town. The report notes that there is some form of government guarantee on more than nine out of every 10 new mortgages. …10 Banks […]