Mortgage

Mortgage application volume rebounds slightly

Applications rise a bit Mortgage application volume ended the final week of 2011 with a thud, dropping 4.1 percent overall, with refinance applications falling 2.5...

Experimental pilot program aims to stop foreclosures

Could it work? There are two distinct problems that plague the housing sector - unemployment and bureaucracy. High unemployment and massive underemployment has crippled housing...

Unemployed homeowners may get a full year of forbearance

Freddie Mac to expand forbearance period Freddie Mac has announced that it is allowing mortgage servicers to offer six months of forbearance to unemployed borrowers...

Mortgage app volume falls despite low interest rates

Loan application demand falls In the last week of 2011, despite mortgage rates falling again, demand for refinance mortgages and purchase applications fell, according to...

Zillow Mortgage Marketplace expands AOL partnership

Zillow Mortgages on AOL Real estate and DailyFinance Today, the Zillow Mortgage Marketplace (ZMM) has announced they will now power mortgage search and comparison on...

Mortgage rates below historic four point mark again – will this last?

Record lows this week Just as we saw over Thanksgiving, mortgage rates have dropped below the historic four point mark again, according to Freddie Mac's...

Percentage of home buyers using mortgage financing is on the decline

Mortgage habits of home buyers The 2011 National Association of Realtors® Profile of Home Buyers and Sellers surveyed 5,708 home buyers and sellers and revealed that the...

Class action lawsuit filed against Wells Fargo for illegal HAMP denial

Borrowers allegedly misled, defrauded A new class action lawsuit against Wells Fargo claims that the bank illegally refused to grant permanent loan modifications promised to...