Mortgage

Mortgage rates up, foreclosure activity drops 40% from 2010

Mortgage rates on the rise After mortgage rates dropped below four percent for the first time, they are back on the rise, according to Freddie...

Uncle Sam’s newest plan – one million refinanced mortgages

Uncle Sam wants YOU (to refinance... if you can) If there is one thing that our government officials are not, it is quitters. After a...

Mortgage applications drop despite lowest interest rates since WWII ended

Low rates aren't enough According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey, mortgage applications dropped 4.3 percent from the week prior and is...

20 charged in mortgage fraud scheme, many are Realtors

$40 million mortgage fraud scheme Twenty residents of Florida have been charged by U.S. Attorney Wifredo A. Ferrer for their alleged participation in a complex...

Countrywide agents found to have unusual number of Wite-Out dispensers on desks

Hot water for Bank of America In 2007, prior to failing and being bought by Bank of America, Eileen Foster was promoted to the executive...

Desperate homeowners wait hours in line hoping for 2% refinance rates

"Save the dream tour" Houston homeowners looking to save their homes are lining up in Houston at the convention center, waiting for hours to meet...

Four out of five mortgage applications are now for refinance loans

Mortgage application volume Although mortgage applications rose slightly by 0.6 percent last week over the prior week, according to the Mortgage Bankers Association, refinances now...

Homeowners being scammed by clever mortgage audit scheme

Another scam nailing homeowners Scams will never end if there is money to be made, but with a down economy and homeowners desperate to save...