Posts Tagged ‘home loans’

SEC expands mortgage probe: sources

NEW YORK/WASHINGTON (Reuters) – Securities regulators have broadened their inquiry into the mortgage industry, asking big banks about the early stages of securitizing home loans, two sources familiar with the probe said. View full post on All Stories

Refinances Continue to Decline as Rates Rise, Says Informa Research Services

CALABASAS, Calif.–(BUSINESS WIRE)–During the last week of November, fewer consumers applied to refinance their home loans, continuing a multi-week trend in the housing market. At the same time, the national average mortgage rate continued to rise slowly according to the latest data from Informa Research Services, a subsidiary of Informa plc (LSE: INF). Informa Research [...]

HDFC hikes home loan interest rates

Home loans are all set to become dearer as leading housing finance firm HDFC Ltd has increased its floating rates on home loans for both existing and new customers with effect from December 1, 2010. View full post on All Stories

Bad WaMu mortgages haunt JPMorgan Chase, Dimon

JPMorgan is now saddled with $74.8 billion in nonperforming home loans inherited from WaMu, a third of the $230.7 billion in mortgages on its books. View full post on All Stories

Firm that pushed “teaser rate” loans settles suit

A mortgage company that advertised home loans with low initial “teaser rates” without disclosing their risks will pay $1.15 million to Arizona to settle a lawsuit. Read comments View full post on All Stories

Home loan demand highest in six months

The number of home loans granted in August was the highest in six months, but first home buyers remain wary of entering the market. View full post on All Stories

Home Loan FAQ

Anyone else bothered by the rule helping citizens beside their home loans?i am so upset, i havent bought a house yet because i know what i can and can not afford, all these nation went and got a loan that they couldnt discharge and now they get to get hold of help. iam so upset, [...]

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