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RSSWith a number of mortgage plans available in the market it might become difficult to choose which one is the best but one such mortgage plan is interest only mortgage option with which people could certainly benefit. In this case one is just required...
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AP,
Every week, mortgage finance giant Freddie Mac releases average rates on four types of home loans, including 30-year fixed rate mortgages _ the most popular type of...
made popular May 1 2009
AP, Washington
Rates on 30-year mortgages tied a record low this week, spurring refinancing activity as the troubled housing market moves closer to possibly hitting the bottom,...
made popular Apr 30 2009
AP, Washington
The former head of American Home Mortgage Investment Corp. has agreed to pay nearly $2.5 million to settle federal civil charges of accounting fraud and concealing the...
made popular Apr 28 2009
AP, Washington
The Senate has voted to hire hundreds more FBI agents and prosecutors to go after mortgage fraud. Supporters of the bill say the legislation is necessary to pursue the...
made popular Apr 28 2009
AP, Baltimore
More than 1,000 people were defrauded out of about $70 million by a group advertising the dream of homeownership in what turned out to be a nightmare Ponzi scheme,...
made popular Apr 27 2009
AP, Washington
Five people face charges in what prosecutors say was a mortgage scheme that defrauded more than 1,000 people of more than $70 million.
made popular Apr 27 2009
AP, Washington
Mortgage finance company Freddie Mac, coping with the apparent suicide of its acting chief financial officer, says its former chief executive is coming back temporarily...
made popular Apr 24 2009
AP, Washington
Rates on 30-year mortgages fell slightly from last week but remained just ahead of record lows posted this month, Freddie Mac said Thursday.
made popular Apr 23 2009
AP, Washington
The Senate has agreed to spend $5 million to investigate the cause of the economic crisis, as it moves toward passing a $245 million bill that would substantially...
made popular Apr 23 2009
AP, Washington
Mortgage rates tumbled to historic lows Thursday after the Federal Reserve’s sudden decision to print $1.2 trillion and pump it into the economy, a move that also...
made popular Mar 19 2009
AP, Washington
Rates on 30-year mortgages plunged this week to the lowest level since January, and are poised to fall further after the Federal Reserve launched a new effort to prop...
made popular Mar 19 2009
AP, Washington
Fannie Mae plans to pay retention bonuses of at least $1 million to four key executives as part of a plan to keep hundreds of employees from leaving the...
made popular Mar 19 2009
AP, Washington
If you’ve got a good job, solid credit and your home’s value hasn’t fallen dramatically, you’re likely to benefit from the Federal...
made popular Mar 18 2009
AP, Washington
Fannie Mae is planning to pay retention bonuses of as much as $611,000 each to several top executives of the government-controlled mortgage finance titan. Sibling...
made popular Mar 18 2009
AP, Washington
A mortgage industry group says there were a record number of mortgage fraud incidents last year, and Rhode Island made its first appearance as the nation’s top...
made popular Mar 16 2009
AP, Columbia
Philip and Gloria Spigner saw their monthly mortgage payments climb from $800 to $1,300. Carol and Butch Dycus have received foreclosure notices though they say...
made popular Mar 14 2009
AP,
In a March 13 story about an NAACP lawsuit accusing banks of mortgage discrimination, The Associated Press reported erroneously that HSBC has received federal bailout...
made popular Mar 13 2009
AP,
The NAACP is accusing Wells Fargo and HSBC of forcing blacks into subprime mortgages while whites with identical qualifications got lower rates.
made popular Mar 13 2009
AP, Sacramento
Two California mortgage brokers have been indicted on charges that they stole more than $7 million from a Florida lender.
made popular Mar 13 2009
AP,
The NAACP is accusing Wells Fargo and HSBC of forcing blacks into subprime mortgages while whites with identical qualifications got lower rates.
made popular Mar 13 2009
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