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Mortgage lending levels slow to 'healthy' level – CML Mortgage lending slowed in November, and activity has returned to almost the same level as at the end of 2013, banks and building societies reported ... Sudden fall in monthly mortgage lending adds to evidence of slowdown in the property market - This is Money
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It's getting easier to get a mortgage, but home buyers aren't biting Lenders say they've consistently eased their credit standards throughout the year, but potential home buyers still aren't biting, according to a Fannie ...
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Senate Passes Tax Bill That Includes Key Mortgage Deductions Under the bill, homeowners can deduct the cost of mortgage insurance premiums on their 2014 tax forms. This tax break covers private mortgage ...
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| Fixed mortgage rate sinks to yearly low Even before the Federal Reserve's statement on Wednesday saying it would be "patient" in deciding when to increase interest rates, mortgage rates ...
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| Mortgage rates explained Do you want a fixed-rate or a tracker mortgage? Should you fix for just two years or as many as 10? Why isn't the deal with the lowest rate necessarily ...
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Cheaper oil could fuel a drop in mortgage rates Consumers are finding another upside in tumbling oil prices: lower mortgage rates. While indirect, there's a link between the steep slide in crude and ...
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US Bank, Bank of America sued over mortgage securities WASHINGTON • The U.S. credit union regulator said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities ...
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Do 73 percent of benefits from mortgage deduction go to those earning $250000 a year? He continued, "Home mortgages -- everybody said that's a middle-class benefit ... CBO found that 73 percent of the benefits from the mortgage-interest ...
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Mortgage applications down again Data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey show that after rising the previous week, applications ...
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Fannie Mae unveils new mortgage for first-time buyers Because of the small down payments, these loans will also require private mortgage insurance (PMI) or other risk sharing. On a 3% loan consumers ... Mortgage Lender Sentiment Survey Results Show Increased Concerns with Mortgage Demand ... - PR Newswire (press release)
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Interest rates on 10-year fixed mortgages hit record low Borrowers looking to budget for the long-term are set to benefit thanks to a price war over mortgage deals fixed for a decade. Santander has led the ...
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| JPMorgan Securitizes Merrill Legacy Mortgages JPMorgan Securities is arranging a $353 million RMBS securitizing 677 prime pre-crisis mortgages originated by Merrill Lynch Credit Corp., according ...
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Mortgage deal monitor: Ocwen review may be flawed WASHINGTON — The monitor overseeing a national mortgage settlement said Tuesday that Ocwen Financial Corp., one of the biggest U.S. servicers ...
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Is a reverse mortgage a good retirement strategy? Cliff N. Goldstein is a member of the personal finance team at NerdWallet, an unbiased source of tools and information aimed at helping consumers ...
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South Florida tops in mortgage fraud investigations For the fifth consecutive year, Florida ranked first among all states in mortgage fraud, which isn't surprising given the number of loan originations ...
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Mark Sanford under fire for mortgage broker payouts Mark Sanford of South Carolina accepted six-figure stock payouts from an online mortgage broker accused by regulators of deceiving its customers.
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| Mortgage rate comparison explained LTV, ERC, fixed-rate, tracker, Bank of England base rate… With lingo like that, no wonder some people find mortgage rate comparison a bit daunting.
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Suspended North Miami mayor found guilty of mortgage fraud MORTGAGE FRAUD CHARGES TODAY HAS ALL MAINTAINED HER INNOCENCE BUT TONIGHT SHE'S BEHIND PARAGRAPHS AWAITING ...
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When a Mortgage Hinges on Home Values When deciding who gets a home loan and who doesn't, lenders heavily rely on one number: the loan-to-value ratio, or the LTV. This stat weighs the ...
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How to pay off the mortgage in 6 years We became mortgage free—just six years after buying our house. We didn't have huge salaries, so, we focused on two key things—not overspending ...
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| Average US rate on 30-year mortgage falls to 3.80 percent; 15-year loan at 3.09 percent WASHINGTON — Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year.
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Oil's Plunge Is Pushing Mortgage Rates Down Low oil prices may offer a hidden gift to consumers beyond the gas pump: They could also indirectly support lower mortgage rates. Already, the ...
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Is a reverse mortgage a good retirement strategy? This type of mortgage has become a popular way for baby boomers to fund their retirement: $15.3 billion of such loans were taken out in 2013, ...
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Bankrate: Mortgage Rates Hit 19-Month Low NEW YORK, Dec. 18, 2014 /PRNewswire/ -- Mortgage rates moved lower for a sixth consecutive week, with the benchmark 30-year fixed mortgage ...
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ASK TONY: Barclays wants to hike rate on my mortgage for ten buy-to-let properties to 7.55% I have ten buy-to-let properties using a £600,000 interest-only loan from Barclays. At a meeting I was told the loan was for five years and was overdue ...
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| Cortlandt Manor Mortgage Business Names New Sales Chief I'm thrilled that he will be heading up my sales team,'' said Irene Amato, owner of ASAP Mortgage. "Every member of Team ASAP has that deep ...
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Peter Capra, Littleton man convicted in mortgage fraud scheme, gets 12 years in federal prison Capra was also the registered agent for Distinctive Mortgages, LLC, which used space within GDG's office building and provided mortgages to some ...
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Las Vegas' underwater mortgage rate improving but still worst in nation Some 27.8 percent of local homeowners with mortgages were upside-down — meaning their debt outweighs their home's value — in the third quarter.
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Gang involved in £5m mortgage fraud given jail sentences A gang of people who carried out a mortgage fraud worth more than £5m have been given jail sentences. Ben Pickering, 35, Mark Cainen, 44, Paul ...
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Senate Passes Tax Bill That Includes Key Mortgage Deductions The Senate approved a bill late Tuesday that would retroactively extend over 50 expiring tax provisions for one years, including one that shields ...
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Whistle-Blower on Countrywide Mortgage Misdeeds to Get $57 Million ... to pay a record $16.65 billion penalty in connection with its role in churning out shoddy mortgage and related securities before the financial crisis.
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Merry Christmas for short sellers: Mortgage debt forgiveness is back A comprehensive tax bill that reinstates protections for distressed homeowners shielding them from having to pay taxes on mortgage debt forgiven in ...
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| Senators Pressure FHFA to Reconsider Home Loan Bank Membership Rule The senators noted that banks could be expelled from membership if they cannot meet the "new and unprecedented" mortgage asset tests.
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New 30-Year Mortgage Rates After The Fed's December Meeting Mortgage rates are dropping after the Federal Reserve's December 2014 FOMC meeting. The central banker said in its post-meeting press release ...
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Mortgage law changes postponed The Bank of Thailand has decided to defer implementation of a new law related to guarantees and third-party mortgages that had been set to take ...
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| North State Bank Hires Kesler; Mortgage Division Adds Stevens A recent news release from the bank's mortgage division announced that North State Bank Mortgage has hired Kelly Stevens as a mortgage loan ...
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| Pennymac Mortgage Investment Trust (PMT) Shares Cross Below Book Value In trading on Wednesday, shares of Pennymac Mortgage Investment Trust (Symbol: PMT) crossed below their last reported book value - defined as ...
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