Mortgages
Property Floor Seen for 2010
Bloomberg News | Nov 06Commercial property prices are likely to hit bottom next year after falling more than 40% from their 2007 peaks, real estate executives said in a survey.
Fannie Offers Longer Lease to Borrowers
American Banker | Nov 06Fannie Mae said it is rolling out a new program under which it will offer market-rate leases for terms of up to a year to troubled borrowers who turn over the deeds to their homes.
PHH Loss Shrinks; Credit Woes Persist
American Banker | Nov 06PHH's net loss narrowed in the third quarter but the mortgage outsourcer was plagued by credit charges and a drop in the value of its servicing portfolio from higher delinquencies ...
Average 30-Year Mortgage Rate Falls
Bloomberg News | Nov 06Fixed rates on 30-year home loans fell during the week ended Thursday for the first time in a month.
Commercial, Multifamily Lending Drops
Dow Jones | Nov 06Commercial and multifamily mortgage loan originations fell in the third quarter amid tight credit conditions and low demand, according to a Mortgage Bankers Association survey.
Infographic: Weekly Mortgage Wrap-Up
American Banker | Nov 06More Mortgages News
- Credit Scoring and Mortgage Modifications: What Lenders Need to Know
- SEC Suit Against Mozilo Is Upheld
- GMAC Cuts Disclosures at Its Home-Loan Albatross
- Pipeline
- GMAC Posts 3Q Loss Amid Souring Mortgage Loans
- Judge Clears CIT to Use Some Financing
- Mortgage Workers: Keep, Cut or Transfer
- Infographic: Mortgage Watch
- Another Loss, and Trip to the Capital Well, for Flagstar
- Pending Sales Rose for 8th Straight Month
- Report: Fed's Bond Moves Easing Credit
- Broker in Hawaii Faces Reverse Ban
- Broker Lobby Group is Still Struggling
