News
Mortgage Wizards believes that all of our clients deserve access to the latest financial news and headlines that affect their financial well-being. This is evidence of our commitment to our clients. We believe that well educated clients have the tools to make the correct financial decisions and avoid the pitfalls that could end up costing thousands of dollars. So, we invite you to use our news resources and become educated.
Rates on 30-year mortgages drop to 6.35 percent - The Associated Press
Rates on 30-year mortgages drop to 6.35 percent The Associated Press - WASHINGTON (AP) — Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve ... Mortgage Rates Declined in Week US mortgage rates ease: Freddie Mac UPDATE 1-US 30-, 15-year mortgage rates fall in latest week |
Mortgages: Bank of England warns credit squeeze will tighten - guardian.co.uk
 RTE.ie | Mortgages: Bank of England warns credit squeeze will tighten guardian.co.uk, UK - Britain's consumers and businesses are gripped by an ever-tightening credit crunch as banks withdraw mortgage packages and tighten lending conditions, ... Credit crisis: mortgage conditions set to get worse, says Bank of ... ‘Bleak Assessment’ on UK Mortgage Lending Mortgage lending cuts expected |
Welcome to the Mortgage Business - La Prensa San Diego
 AFP | Welcome to the Mortgage Business La Prensa San Diego, CA - They are being sued for predatory lending, mortgage fraud, hidden fees and using false marketing promises. In the state of Washington Governor Christine ... Countrywide settlement gets initial OK in Delaware Attorney general goes to bat for Schaumburg homeowner Del. judge mulls settlement in Countrywide lawsuit |
California Senate passes mortgage default warning bill - Los Angeles Times
 Los Angeles Times | California Senate passes mortgage default warning bill Los Angeles Times, CA - Schwarzenegger, who this year persuaded state-licensed lenders to voluntarily help homeowners get out from under costly adjustable-rate mortgages, ... Schwarzenegger backs mortgage default warning bill California Senate Passes Key Mortgage Bill REGIONAL: SENATE APPROVES BILL TO PROVIDE MORTGAGE CRISIS RELIEF |
UPDATE 1-US mortgage modifications dip in May - Reuters
UPDATE 1-US mortgage modifications dip in May Reuters - By Al Yoon NEW YORK, July 2 (Reuters) - US mortgage companies helped slightly fewer borrowers avoid foreclosure in May than the prior month, but the second ... |
Pace of mortgage aid by industry dropped in May - San Diego Union Tribune
Pace of mortgage aid by industry dropped in May San Diego Union Tribune, United States - By Alan Zibel AP WASHINGTON – The pace of the mortgage industry's efforts to assist troubled borrowers declined in May, as critics questioned lenders' ... More banks are helping hurting homeowners When Loan Workouts Don't Really Work Survey: Loan changes lag foreclosures in Calif. |
Vestin Realty Mortgage I Discusses Problem Loans - FOXBusiness
Vestin Realty Mortgage I Discusses Problem Loans FOXBusiness - At March 31, 2008, Vestin Realty Mortgage I had an allowance for loan losses of approximately $6.0 million. Michael V. Shustek, Chairman and Chief Executive ... |
We're in a 'mortgage recession' - The Australian
We're in a 'mortgage recession' The Australian, Australia - Australian Finance Group, which accounts for 10 per cent of the national market, with a mortgage book in excess of $50billion, yesterday declared a"mortgage ... Australian Mortgage Broker Says Sales Drop 22% on Higher Rates Mortgage ‘recession’ claims Home-loan market in decline |
Families turn to loans and credit cards to cover mortgage bills - Times Online
 InTheNews.co.uk | Families turn to loans and credit cards to cover mortgage bills Times Online, UK - More than four million households have resorted to personal loans or credit cards to cover mortgage or rent payments in the past year. ... Millions risk bankruptcy by borrowing to pay mortgage Moneysupermarket.com warns of debt misery Borrowers turn to personal loans to meet housing costs |
CIT to shed $10 billion mortgage assets - Reuters
 CNNMoney.com | CIT to shed $10 billion mortgage assets Reuters - N: Quote, Profile, Research) said on Tuesday it agreed to sell nearly $10 billion of mortgage assets, in a deal that removes problem loans from the ... CIT Rises on $1.8 Billion Sale of Mortgage Units (Update2) Lone Star Funds of Dallas buys more subprime CIT Gets the Subprime Monkey Off Its Back |
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