Mortgage Applications Fall as Rates Rise Mortgage applications fall as home loan interest rates edge higher. Read more on TheStreet.com Investors sue over mortgage-backed securities Growing numbers of mortgage-backed securities investors are taking a legal cudgel to banks that sold them souring investments. Citigroup Inc. C, Wells Fargo & Co. WFC and Bank of America [...]

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Seattle, WA (PRWEB) February 26, 2009 The following facts, tips and comments, unless otherwise attributed, can be sourced to Dennis Green, General Manager, ForeclosurePoint.com: Short sales are when the mortgage lender allows a distressed property to be sold at a price lower than the homeowner’s outstanding mortgage balance, with the difference generally but not [...]

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(PRWEB) January 10, 2007 First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and payment protection plans, have just announced a 29 per cent increase on the first six months turnover between 2005 and 2006. Out of the 29 per cent rise, around 14 per cent is attributable to an increase in both [...]

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Boca Raton, FL (PRWEB) December 21, 2009 With the current unemployment rate in the U.S. rising to nearly 10%, the foreclosure crisis has affected nearly 938,000 properties between July to September, compared with 890,000 in the previous quarter, and a 23% increase from the third quarter of 2008. According to RealtyTrac, if this trend [...]

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Braintree, Essex (PRWEB) June 29, 2009 News that lenders are beginning to loosen their purse strings and offer an increasing number of mortgages is good news for the economy, but people must not be tempted to commit to large monthly repayments unless they have the means to continue those payments in the event of [...]

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Carbondale, IL (Vocus) February 9, 2010 Corrupt and bankrupt regimes of today evoke in most Turks the corrupt sultans of yesteryears. Indeed, theirs ought to serve as a reminder of the dreadful consequences of corruption in high places. For the present leaders of Turkey, the path that lead the mighty Ottoman Empire from greatness [...]

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