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Read the latest Mortgage market news. Learn about mortgage rate changes, mortgage programs and new mortgage market players. Stay informed to know what to expect from the lender and what the lender will expect from you.
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Mortgage News
.Tue, 07 Feb 2012 07:00:00 -0800Prudential Mortgage Capital Company posts strong originations 2011Prudential Mortgage Capital Company originated nearly $9.7 billion in commercial mortgages for 2011, surpassing its 2010 level of $9.1 billion, making it the company’s third largest production year ever.
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.Mon, 06 Feb 2012 16:11:21 -0800Mortgage deal faces setbacks, again(Reuters) - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it. States had been given two weeks to assess a proposed settlement, under which top U.S. banks would pay up to $25 billion in exchange for resolving civil ...
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.Tue, 07 Feb 2012 06:00:00 -0800Canadian Mortgage Rates Market Expected to CoolTORONTO, ONTARIO-- - Recent fluctuations in variable and fixed mortgage rates have left Canadian consumers confused about future mortgage trends. The good news is that February should be less volatile, ...
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.Tue, 07 Feb 2012 16:44:14 -0800Eyes on dissident states as mortgage deal nears(Reuters) - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said. Negotiators said a federal-state mortgage servicing settlement already has the backing of over 40 states but so far lacks the support of a handful of critical states, including ...
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.Tue, 07 Feb 2012 11:00:00 -080030-Year Fixed Mortgage Rate Drops to New Record Low; Current Rate is 3.66%, According to Zillow Mortgage Rate TickerSEATTLE -- The 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently 3.66 percent, down six basis points from 3.72 percent at this same time last week. This represents the lowest rate ...
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.Tue, 07 Feb 2012 11:32:19 -0800Analysis: Banks largely reserved for U.S. mortgage pact cost(Reuters) - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines. After more than a year of negotiations, the banks already have set aside money to cover legal costs and have built up their reserves to cover losses from reducing how much borrowers ...
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.Tue, 07 Feb 2012 20:00:00 -0800Mortgage Compliance and Real Estate Loss Mitigation Company, American Loan Compliance, Featured in National Business ...NEW YORK, Feb. 7, 2012 /PRNewswire/ -- American Loan Compliance, America's leading loss mitigation and commercial mortgage loan audit report experts, were recently featured in the press showcasing the ...
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.Tue, 07 Feb 2012 13:01:00 -0800Invesco Mortgage Capital Inc. to Announce Fourth Quarter 2011 ResultsATLANTA, Feb. 7, 2012 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR - News) will announce its fourth quarter 2011 results on Thursday, February 23, 2012 at 8:30 am ET. Scheduled to speak are Richard ...
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.Sat, 04 Feb 2012 15:16:49 -0800Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.bizMortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz Home mortgage rates have set yet another record, dropping to new lows for 30 year fixed, 15 year fixed, and 5 year ARM home loans, according to mortgage rate research website, BurlingtonMortgage.biz. "Around the holidays refinancing or buying a home just isn't on most people's radars" explains Nat ...
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.Tue, 07 Feb 2012 06:00:00 -0800Fed Actions Drive Mortgage Rate ExpectationsWASHINGTON, Feb. 7, 2012 /PRNewswire/ -- The majority of Americans continue to expect no change in mortgage rates over the next 12 months, according to results from Fannie Mae's January 2012 National Housing ...
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