Mortgages-E

Fixed mortgage rates fall
Bankrate.com - 9 hours ago But in the mortgage world, Bernanke’s words were considered just that — mere words, subject to interpretation. The thing that moved

Home starts for May below average
Thunder Bay’s Source, Canada - 2 hours ago two units behind the 16 started last May and 6.6 units below the ten year average for the month of May in Thunder Bay according to Canada Mortgage and Housing

Richardson Racing Presents First Quarterly Mortgage Winner
TruckSeries.com, PA - 1 hour ago be awarded. Robert Burke of Mansfield, Texas was awarded his home mortgage payments for one year by Richardson Racing. We are

US 30-, 15-year mortgage rates dip in latest week
Reuters - 5 hours ago WASHINGTON, June 8 (Reuters) - Average interest rates on US 30- and 15-year fixed mortgages dipped in the latest week, mortgage finance company Freddie Mac

New home starts drop slightly as prices, mortgage rates rise
Canadian Business, Canada - 20 minutes ago CP) - The number of new home buyers slipped for the fourth consecutive month as the red-hot housing market began to cool amid rising mortgage rates and the

Industry Survey Reveals Slowdown in Mortgage Industry
PR Web (press release), WA - 13 hours ago A recent survey conducted by BNTouch Mortgage CRM reveals that this spring has turned out to be much slower for loan officers than anticipated earlier in the

Wells Fargo to buy Va. commercial mortgage lender
Reuters - 4 hours ago 5 US bank, on Thursday said it agreed to buy closely held Reilly Mortgage Group, one of the largest US commercial mortgage finance companies, to expand in

Field Based Mortgage and Financial Services Advisor
Telegraph.co.uk, United Kingdom - 9 hours ago As part of their expansion programme they require experienced mortgage advisors in a number of key locations throughout the UK.

Euro interest rates set to rise
UTV, Ireland - 12 hours ago Economists are warning that mortgage holders will be most affected and will see monthly repayments rise by almost 30. Chief Economist

HouseAmerica Puts House Valuation Technology and Sale Alerts in
Yahoo! News (press release) - 6 hours ago HouseAmerica, a new product from Mighty Net, Inc., provides an automated email alert solution for mortgage brokers that steers clients away from house

US mortgage rates unchanged on Thursday - BestInfo
Reuters - 30 minutes ago NEW YORK, June 8 (Reuters) - The average rate on a 30-year US mortgage with no upfront points was unchanged on Thursday at 6-3/4 percent, according to BestInfo

BEFORE THE BELL Unemployment data, McDonald’s, mortgage lenders in
MarketWatch - 8 hours ago Stock futures came off lows after data on unemployment claims came in below expectations, with the death of Iraq’s terrorist mastermind also in focus.

(PRN) - Florida East Coast Industries to Present at Merrill Lynch
Bolsamania.com, Spain - 6 hours ago (PRN) - Wells Fargo to Expand in Multi-Family, Real Estate Finance With Definitive Agreement to Acquire Reilly Mortgage Group [+.

BEFORE THE BELL Unemployment data, McDonald’s, mortgage lenders in
MarketWatch - 8 hours ago Stock futures came off lows after data on unemployment claims came in below expectations, with the death of Iraq’s terrorist mastermind also in focus.

Vestin Realty Mortgage II, Inc. Reports Third Quarter and Nine
Business Wire (press release), CA - 23 hours ago LAS VEGAS–(BUSINESS WIRE)–June 7, 2006–Vestin Realty Mortgage II, Inc. (Nasdaq: VRTB 2006. Vestin Realty Mortgage II, Inc. (”the

Sempra Energy subsidary issues $250M in first-mortgage bonds
Los Angeles Business, CA - 3 hours ago San Diego Gas & Electric, a subsidary of Sempra Energy, closed a public offering of $250 million in 20-year, 6 percent interest first-mortgage bonds Thursday

Putin calls third meeting of National Projects Council
ITAR-TASS, Russia - 8 hours ago higher educational establishments, as well as personally teachers and students, and the affordable housing project — to promote the system of mortgage credits

Despite an imminent rate rise tracker mortgages still offer good
Easier, UK - 3 hours ago point before the end of the year, so price comparison website moneysupermarket.com asks whether now is the time to fix, or get a tracker mortgage instead.

Mortgage providers won’t help us in financial difficulties
Firstrung, UK - 22 hours ago 62 per cent of consumers do not think their mortgage provider would help them if they were in financial difficulty, moneyfacts.co.uk research has revealed.

Broker: Shop around for best mortgage deal
Ireland Online, Ireland - 8 hours ago He says that switching mortgage-type rather than broker is another option for worried borrowers. The mortgage market has never

Cheaper mortgage possible despite adverse credit history
Firstrung, UK - 22 hours ago has seen a 20% increase in the number of borrowers looking to take out home loans offered by specialist brokers who dealt with the non-standard mortgage market

New home starts drop slightly as prices, mortgage rates rise
Canadian Business, Canada - 20 minutes ago CP) - The number of new home buyers slipped for the fourth consecutive month as the red-hot housing market began to cool amid rising mortgage rates and the

Mending Fences
Pasadena Independent, CA - 2 hours ago By Margaret Garemore. A reverse mortgage offers the possibility of using the equity in one home to facilitate the purchase of another.

Mortgage Rates Dip on Weak Employment Data
Washington Post, United States - 3 hours ago By MARTIN CRUTSINGER. WASHINGTON — Mortgage rates fell this week as a weaker-than-expected employment report eased concerns about inflation.

3:21 pm | Watt: End discrimination in lending
Charlotte Observer, NC - 1 hour ago Discrimination is part of the reason why blacks and Hispanics are more likely to pay high interest rates for mortgage loans, Rep.

Chase Launches Military Mortgage Program To Give Special Attention
Business Wire (press release), CA - 8 hours ago CHICAGO–(BUSINESS WIRE)–June 8, 2006–Chase has launched a carefully designed Military Mortgage Program that gives special attention to Guard and Reserve

Mortgage rates dip on weak employment data 
USA Today - 2 hours, 9 minutes ago
Mortgage rates fell this week as a weaker-than-expected employment report eased concerns about inflation. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.62%, down from 6.67% last week, which had been the highest level in nearly four years.Save to My Web

Fundraiser reaches midway point 
Mount Pleasant News - 1 hour, 12 minutes ago
The REC Center continues with $106,000 fund raising campaign to replace a dehumidification system for the indoor pool and to retire the remaining portion of the facility’s original mortgage.Save to My Web

Interest jumps in Hamilton townhouses and apartments 
Hamilton Spectator - 1 hour, 44 minutes ago
Rising mortgage rates and a lack of available land has Hamilton area homebuyers looking for town houses and apartment condominiums. Canada Mortgage and Housing Corporation (CMHC) reported a 47 per cent jump in multiple-family dwelling starts so far for 2006 compared to last year at this time.Save to My Web

Industry Survey Reveals Slowdown in Mortgage Industry 
Real Estate News - 1 hour, 7 minutes ago
BNTouch Mortgage study reveals that this spring has turned out to be much slower for loan officers than anticipated earlier in the yearSave to My Web

U.S. Seeks to Recover Fannie Mae Bonuses 
WJLA-TV Washington D.C. - 4 minutes ago
Washington (AP) - The government will pursue some Fannie Mae executives to recover bonus money they reaped in an accounting scheme if the mortgage giant itself fails to do so.At his confirmation hearing Thursday, James B. Lockhart, a longtime friend of President Bush ( website - news - bio ) , also assured senators he would maintain his independence as the chief regulator of embattled Fannie Save to My Web

New home starts drop slightly as prices, mortgage rates rise 
Canadian Business - 12 minutes ago
TORONTO (CP) - The number of new home buyers slipped for the fourth consecutive month as the red-hot housing market began to cool amid rising mortgage rates and the biggest home price increase in 17 years, say reports issued Thursday.Save to My Web

Rates threat to mortgage bonds 
Financial Times - 1 hour, 30 minutes ago
The market for bonds backed by residential mortgages has experienced very strong issuance in the first few months of the year, but the macro-economic backdrop and interest rate uncertainty pose a threat to performance, according to Fitch, the ratings agency.Save to My Web

U.S. mortgage lending seen slipping 
UPI - 1 hour, 15 minutes ago
MCLEAN, Va., June 8 (UPI) — Mortgage lender Freddie Mac says the recent increase in U.S. mortgage rates will reduce refinancing as well as loan origination this summer.Save to My Web

Sempra Unit Issues $250 Million in Debt 
KiplingerForecasts.com - 2 hours, 38 minutes ago
Sempra Energy said Thursday its San Diego Gas & Electric subsidiary sold $250 million of 20-year first mortgage bonds.Save to My Web

National Bank Adjusts its Mortgage Rates 
SYS-CON Media - 28 minutes ago
National Bank of Canada (TSX: NA) has adjusted its rates for residential mortgages. The new rates are effective as of June 9, 2006.Save to My Web

U.S. seeks to recover Fannie Mae bonuses 
AP via Yahoo! News - 1 hour, 8 minutes ago
The government will pursue some Fannie Mae executives to recover bonus money they reaped in an accounting scheme if the mortgage giant itself fails to do so.Save to My Web

Real estate agent sentenced for fraud 
Denver Post - 46 minutes ago
Lakewood real estate agent William Mendez was sentenced Wednesday to 49 months in federal prison for his role in an alleged mortgage fraud scheme. Mendez, 41, pleaded guilty in March to wire fraud and money laundering in the scam. As part of the plea agreement he will pay $1.2 million in restitution to the U.S.Save to My Web

Fitch Affirms 6 Classes from GSRPM Mortgage Loan Trust Series 2004-1 
[Press Release] Business Wire via Yahoo! Finance - 2 hours, 24 minutes ago
NEW YORK—-June 8, 2006–Fitch Ratings has affirmed the following classes from GSRPM Mortgage Loan Trust series 2004-1: Class A-1, A-2, and A-3 at ‘AAA’; Class M-1 at ‘AA’; Class M-2 at ‘A’; Class B-1 at ‘BBB+’.Save to My Web

Mortgage Rates Fall on Easing Inflation Concerns 
Fox News - 2 hours, 11 minutes ago
Freddie Mac reports that rates on mortgages dropped this week in only the second decline in past 11 weeks.Save to My Web

Wells Fargo buys Reilly Mortgage 
BizJournals - 2 hours, 26 minutes ago
Wells Fargo will buy commercial mortgage company Reilly Mortgage Group for an undisclosed sum.Save to My Web

MY MORTGAGE FOR 25K CANCER DRUG
Mirror.co.uk, UK - 8 hours ago By Aidan Mcgurran. A CANCER-stricken woman is remortgaging her home to pay for Herceptin because her health authority has refused to prescribe it.

The Australian Mortgage Broker Survey 2006
Banking Business Review - 12 hours ago The Australian Mortgage Broker Survey 2006 is an invaluable guide to the dynamics of Australian mortgage brokers. It gives readers

Focus improves again
ShareCast, UK - 2 hours ago LONDON (SHARECAST) - Focus Solutions, which supplies software for mortgage and life provider s websites, reported a record year last year and forecast

Homeowners face 40 monthly mortgage hike
Irish Examiner, Ireland - 14 hours ago By Noel Baker. IRISH homeowners face another hike in their monthly mortgage payments as the European Central Bank looks set to push up benchmark interest rates.

Mortgage Broker Membership Site, One of First Affliates of Trump
SBWire (press release), WI - 23 hours ago offering mortgage broker tools and education products through their sites http://EZdesk.com and http://MortgageEducationMadeSimple.com are proud to announce

first direct cuts fees on its offset mortgage
Easier, UK - 1 hour ago first direct is offering its competitive variable rate offset mortgage free of arrangement and application fees, giving customers a saving of up to 599.

US mortgage rates unchanged on Monday - BestInfo
Reuters - 16 hours ago NEW YORK, June 5 (Reuters) - The average rate on a 30-year US mortgage with no upfront points was unchanged on Monday at 6-7/8 percent, according to BestInfo

Bad Credit Mortgage Refinance Home Loans Are Now Available with
PR Leap (press release), CA - 3 hours ago (PRLEAP.COM) (Winter Park, Florida) Bad credit mortgage refinance loan programs are now available with Loan Choice Direct, a new home loan web portal designed

S.Africa house price growth near 6-yr low in May - Absa
Reuters South Africa, South Africa - 23 hours ago The latest data from South Africa’s biggest mortgage bank backs the view that the country’s property boom is tapering off, although Absa said the trend in the

Confidence in mortgage sector growing says A
Fair Investment Company, UK - 5 hours ago According to Alliance and Leicester’s Borrowing Monitor, levels of consumer confidence in the mortgage market are higher than at any time this year.

Silver Hill Financial(R) and The Duncan Group Introduce New
Yahoo! News (press release) - 18 hours ago an alliance whereby The Duncan Group has partnered with Silver Hill to power a new “Commercial Lending” section within Duncan’s Mortgage Mastery Club (MMC).

Switching Underpins UK’s Dominance of European Mortgage Market
International News Service, Australia - 19 hours ago The UK accounted for a third of new lending in the western European residential mortgage market in 2005, way ahead of the rest of Europe.

HUD General Counsel to Address Title Insurance Industry during
Yahoo! News (press release) - 21 hours ago June 5 /PRNewswire/ — US Department of Housing and Urban Development (HUD) General Counsel, The Honorable Keith Gottfried will address mortgage and title

Mortgage broker Camilleri charged
NEWS.com.au, Australia - 2 hours ago A SYDNEY mortgage broker has been charged with managing a corporation while being banned from doing so, the corporate watchdog says.

Refinancing 101
WECT - Get quotes from multiple companies and select the policy that’s right for you. Mortgage interest rates are the lowest in 35 years. Many homeowners eager to take advantage are taking steps to refinance, each with their own unique goals and needs. If

TIF districts will further enhance housing incentives, pave way for
Crookston Daily Times - Further sweetening the pot that contains a growing number of housing incentive ingredients, the Crookston City Council on Tuesday approved the establishment of a tax increment financing (TIF) district that will provide significant mortgage buy-down

Seniors home rehab program at center
Inland Valley Daily Bulletin - POMONA — A program to inform seniors on the city’s home rehabilitation programs and other housing issues will be held today at 10 a.m. at Palomares Senior Center, 499 Arrow Highway. The program will offer information on the city Housing Division’s

Aiquon Mortgage signs $368K lease at Mesa View
San Diego Daily Transcript - CB Richard Ellis ( News ) announced Monday that Joseph Pei & Jesse Leeb dba Aiquon Mortgage have signed a 42-month lease for 5,458 square feet at 6725 Mesa Ridge Road, Suites 206 & 208 in San Diego, California. You are not currently logged in at San

Home foreclosures increasing slower in Connecticut
News-Times - than in other regions of the country, according to an online marketplace report. Area real estate agents, bankers and mortgage lenders say that meshes with their observations. “We’re not seeing a lot of foreclosures now,” said Terry Hastings

5 Steps to a Spotless Pocketbook
WLOX - With higher consumer prices, rising interest rates, a cooling real-estate market and ID thieves lurking around every corner, a strong financial game plan is more important than ever. Financial literacy, like any skill, starts with a clean slate-so

Agent: Faked loan data was favor
Myrtle Beach Online - Horry County home sellers Jack Barnhill and Karl Moser told The Sun News this week that a $10,000 down payment shown on mortgage documents for Robert Romaniello Jr. was falsified. Moser, a sales agent for Barnhill Realty, said he included the false

50-year loan can be pricey
Charleston Post & Courier - Gold’s takes over West Ashley gym facility Ferguson to head state dentists’ group Executive items Distinctions Finding a foul-language strategy Boss owes final paycheck in full Slowing down the audio Memos 50-year loan can be pricey God, profits can

Financial Literacy ABCs
WLOX - Everyone knows the basics of traditional education start with the “three Rs” - but a great way to kick-start spring is by going back to the financial basics. With total U.S. consumer debt over $2 trillion and more than 44 million American households

Short and sweet: Buyers should be wary of longer mortgages
Saskatoon Star Phoenix - VANCOUVER — Innovative new mortgage packages are making owning a home easier, at least in theory. But in practice, financial institutions are taking a cautious approach to when, and if, they will grant long-term or zero-down mortgages. In March

Ways to pay mortgage early, no fee
Monterey County Herald - Q : Since purchasing our home three years ago, we have received multiple offers from our bank and outside mortgage companies to pay our mortgage every other week. The offers claim that this will reduce our overall interest payment, as well as allow

Residents Annoyed With Eyesore
Ledger - HAINES CITY — The sight of a semi-demolished abandoned mobile home park is not exactly the kind of thing residents in the Woodland Lakes Mobile Home Park want to look at every day. But that has been something they’ve had to put up with since health

Reports Say Home Sales Slowing, Interest Rates Rising
Chattanoogan - The housing sector is exhibiting numerous signs of slowing, with a new report showing the pending home sales index falling for a third straight month. The pending sales index is the leading economic indicator for the housing sector, according to the

Do homeowners need protection from lenders?
Akron Beacon Journal - Under federal law, people shopping for home mortgage loans are largely responsible for protecting themselves. The main limit on the interest rate and fees is the borrower’s willingness to pay. A study released last week underscored that the system is

Mortgage fraud sting nabs Atlantan twice
MSN MoneyCentral - An Atlanta woman out on bond for mortgage fraud charges has been arrested again after getting caught in a second mortgage fraud sting. The U.S. Attorney’s Office reported late June 5 the May 30 arrest of Lanmasha Weslanda Mixon-Hampton of Atlanta in

East Point Systems Selects Active Ink’s Tablet PC Form Filling
PR Web (press release), WA - 6 hours ago East Point Systems embeds Tablet PC software for use in the Mortgage Field Services Industry. (PRWEB) June 6, 2006 — East Point

Five reasons why fear is winning over greed
Blogging Stocks - 15 hours ago Need for new solutions. Raising interest rates will certainly lead to higher mortgage rates and higher credit card interest rates.

Earnings Preview: H&R Block
BusinessWeek - 18 hours ago In May, the company lowered its 2006 profit projections for the second time this year due to continued weakness in its mortgage operations.

First time buyers spending third of income on mortgage
Ireland Online, Ireland - 1 hour ago Couples buying their first home spend up to a third of their income on a mortgage, a survey showed today. According to a new Affordability

The Australian Mortgage Broker Survey 2006
Banking Business Review - 12 hours ago The Australian Mortgage Broker Survey 2006 is an invaluable guide to the dynamics of Australian mortgage brokers. It gives readers

Ways to pay mortgage early, no fee
Monterey County Herald, CA - 3 hours ago Q: Since purchasing our home three years ago, we have received multiple offers from our bank and outside mortgage companies to pay our mortgage every other week

Mortgage fraud sting nabs Atlantan twice
Atlanta Business Chronicle, GA - 13 hours ago An Atlanta woman out on bond for mortgage fraud charges has been arrested again after getting caught in a second mortgage fraud sting.

Plantronics rises on valuation
BusinessWeek - 23 hours ago $20.90 to $39.80. Refinance Your Mortgage - Bad Credit OK Do you have bad credit? Need to refinance your mortgage? Complete a brief

Silver Hill Financial(R) and The Duncan Group Introduce New
Yahoo! News (press release) - 18 hours ago an alliance whereby The Duncan Group has partnered with Silver Hill to power a new “Commercial Lending” section within Duncan’s Mortgage Mastery Club (MMC).

Young couples spend one-quarter of income on mortgages
Unison.ie, Ireland - 51 minutes ago Young couples in Ireland are spending just over a quarter of their incomes on mortgage repayments, according to a study published today by EBS and Irish

Video and Audio of Texas MBA Convention Released - Eleven Profile
PR Web (press release), WA - 8 hours ago MortgageMediaMag, the leading provider of audio and video content for mortgage professionals, has completed release of their coverage at the 2006 Convention of

Nostalgia is not a thing of the past
Unison.ie, Ireland - 13 hours ago The average mortgage rate back then was 13.15 per cent, assuming that you knew someone well-connected who could wheedle a loan on your behalf in what was then

Six year low for house price growth
iAfrica.com, South Africa - 3 hours ago Based on the current mortgage interest rate of 10.5 percent and the average price of a house in May this year, the monthly mortgage repayment on a 100 percent

Alliance & Leicester backs down over mortgage fees
Times Online, UK - 6 hours ago bank announced last week that it will fix borrowers redemption administration charge A&L s term for an exit fee at the time the mortgage is taken

Average mortgage breaks through $300K
yourMortgage.com.au, Australia - 16 hours ago The latest figures released by Australian Finance Group (AFG) reveal that the average new Australian mortgage broke through the $300,000 mark in May 06.

Irish Mortgage Rates to Increase
BankNet 360, NY - 4 hours ago Irish mortgage holders are expected to see a 25 basis point jump in interest rates as the European Central Bank is set to increase rates to 2.75% on Thursday.

More Interest in Long-Term Mortgages
ABC News - 5 hours ago Choosing a 50-year mortgage means paying a lot more in interest on a new home. (PhotoDisc). By EILEEN ALT POWELL. June 5, 2006 When

Negative amortization mortgage finances a rental
Bankrate.com - 5 hours ago They are offering a negative amortization loan of 1.25 percent or a fixed-rate mortgage at 7.5 percent for 30 years. Which is better?

Plantronics rises on valuation
BusinessWeek - 2 hours ago $20.90 to $39.80. Refinance Your Mortgage - Bad Credit OK Do you have bad credit? Need to refinance your mortgage? Complete a brief

Can mortgage broker protect against lender overcharges?
Mortage 101 - 9 hours ago Q: If I deal with a mortgage broker, can I depend on the broker to protect me against overcharges by all the other players in the transaction? Yes, no, maybe.

Cervus Updates Market Communication
Market Wire (press release) - 3 hours ago One of those discussions is no longer proceeding. - Over the past three months, the Company’s volume of mortgage originations has remained strong.

Fitch Upgrades & Affirms Prudential Asset Resources’ CMBS Servicer
Business Wire (press release), CA - 1 hour ago The primary servicer rating considers the company’s continued ability to service commercial mortgage loans in CMBS (commercial mortgage backed security

Formerly Homeless Mortgage Executive Warns About Interest Rate
PR Web (press release), WA - 7 hours ago Over two trillion dollars in Adjustable Rate Mortgage (ARM) loans are set to start adjusting in the next two years. This means higher

Home foreclosures increasing slower in Connecticut
Danbury News Times, CT - 4 hours ago Area real estate agents, bankers and mortgage lenders say that meshes with their observations. “We’re not seeing a lot of foreclosures

What the rich want in a home 
CNN Money - 2 hours, 25 minutes ago
The latest Coldwell Banker Previews International Luxury Survey reveals that, although owners of million dollar houses are living well, they are not indulging in especially lavish life styles.Save to My Web

Government debt makes a comeback 
Sydney Morning Herald - 2 hours, 45 minutes ago
AFTER years of concentrating on getting the mortgage down, state governments are now finding that when you do renovations, you sometimes have to borrow. -Save to My Web

Fitch Affirms 5 RMBS Classes of MASTR Seasoned Securitization Trust 2005-1 
[Press Release] Business Wire via Yahoo! Finance - 34 minutes ago
NEW YORK—-June 5, 2006–Fitch affirms the following Mortgage Asset Securitization Transactions Seasoned Securitization Trust mortgage pass-through certificates as follows:Save to My Web

Fitch Affirms 9 SASCO RMBS Ratings from 4 Securitizations 
[Press Release] Business Wire via Yahoo! Finance - 16 minutes ago
NEW YORK—-June 5, 2006–Fitch affirms 9 classes of Structured Asset Securities Corp. residential mortgage-backed certificates, as follows:Save to My Web

U.S. Stocks Drop on Oil, Services Report; Material Shares Fall 
Bloomberg.com - 50 minutes ago
June 5 (Bloomberg) — U.S. stocks fell as an increase in oil prices to a three-week high and a report that showed a slowdown in growth in the services industries raised concern that consumer spending and economic expansion will taper off.Save to My Web

RBC Royal Bank increases residential mortgage rates 
[Press Release] CNW Group via Yahoo! Finance - 24 minutes ago
RBC Royal Bank announced today that it is increasing its residential mortgage rates effective June 6, 2006.Save to My Web

When false hope can be fatal 
International Herald Tribune - 2 hours, 43 minutes ago
A child recovering from autism is extraordinarily rare and doesn’t happen the way we once were led to believe.Save to My Web

Dilemma on an Alabama island: More money to fight nature’s wrath? 
USA Today - 2 hours, 19 minutes ago
Pounded by Hurricane Ivan in 2004 and then Katrina last year, Dauphin Island hardly resembles the paradise days of its past. About 300 beach homes were destroyed by the two storms, and as many as 50 lots are now in the Gulf of Mexico, which constantly reshapes this narrow spit of sand.Save to My Web

Homecomings Financial Introduces Technology and Loan Program Enhancements 
[Press Release] Business Wire via Yahoo! Finance - 17 minutes ago
MINNEAPOLIS—-June 5, 2006–Homecomings Financial has announced significant enhancements to provide mortgage brokers with leading-edge technology to match their borrowers with the right loans.Save to My Web

HUD General Counsel to Address Title Insurance Industry during Cleveland Conference 
[Press Release] PR Newswire via Yahoo! Finance - 1 hour, 4 minutes ago
U.S. Department of Housing and Urban Development General Counsel, The Honorable Keith Gottfried will address mortgage and title insurance professionals on June 14 at the National Settlement Services Summit in Cleveland.Save to My Web

Deutsche Bank and Pinnacle Financial Launch Pinnacle Commercial Mortgage 
[Press Release] Business Wire via Yahoo! Finance - 6 minutes ago
NEW YORK—-June 5, 2006–Deutsche Bank Securities Inc. today announced it has entered into a joint venture with Pinnacle Financial Corporation to form Pinnacle Commercial Mortgage, LLC, a Florida-based originator of Alt-A small-balance multifamily, commercial and mixed-use mortgage loans.Save to My Web

Mills, high-profile figure who is no stranger to controversy 
AFP via Yahoo! News - 1 hour, 14 minutes ago
David Mills, the international lawyer who is accused in Italy of having taken a bribe from former Italian premier Silvio Berlusconi, is a high-profile figure in his native Britain who is no stranger to controversy.Save to My Web

Mills, high-profile figure who is no stranger to controversy 
AFP via Yahoo! News - 1 hour, 14 minutes ago
David Mills, the international lawyer who is accused in Italy of having taken a bribe from former Italian premier Silvio Berlusconi, is a high-profile figure in his native Britain who is no stranger to controversy.Save to My Web

HUD General Counsel to Address Title Insurance Industry during Cleveland Conference 
[Press Release] PR Newswire via Yahoo! Finance - 1 hour, 4 minutes ago
U.S. Department of Housing and Urban Development General Counsel, The Honorable Keith Gottfried will address mortgage and title insurance professionals on June 14 at the National Settlement Services Summit in Cleveland.Save to My Web

When false hope can be fatal 
International Herald Tribune - 2 hours, 43 minutes ago
A child recovering from autism is extraordinarily rare and doesn’t happen the way we once were led to believe.Save to My Web

Rise in U.S. housing prices is easing 
UPI - 44 minutes ago
MCLEAN, Va., June 5 (UPI) — The average price of U.S. homes in the first quarter of this year was up 8.7 percent. That rate of increase is down from the 12.9-percent price rise of the previous quarter and the 13.7 percent rise of the 2005 third quarter, mortgage lender Freddie Mac said Monday.Save to My Web

Fitch Affirms 24 RFMSI RMBS Ratings from 3 Securitizations 
[Press Release] Business Wire via Yahoo! Finance - 20 minutes ago
NEW YORK—-June 5, 2006–Fitch Ratings has affirmed its ratings on 24 classes of Residential Funding Mortgage Securities I, Inc residential mortgage-backed certificates, as follows:Save to My Web

RBC Royal Bank increases residential mortgage rates 
[Press Release] CNW Group via Yahoo! Finance - 24 minutes ago
RBC Royal Bank announced today that it is increasing its residential mortgage rates effective June 6, 2006.Save to My Web

Standard Pacific Shares Down 
AP via Yahoo! Finance - 2 hours, 39 minutes ago
Shares of home builder Standard Pacific Corp. tumbled to a fresh year low in early morning trading Monday after the company announced plans to cut its earnings guidance.Save to My Web

Dana Capital Group’s Loan Volume Rose 30% in 2006 
[Press Release] Business Wire via Yahoo! Finance - 1 hour, 17 minutes ago
IRVINE, Calif.—-June 5, 2006–Dana Capital Group, a mortgage lender in Irvine, ended the period ending April of this year with over $1.6 billion in closed loan volume. This represented a 30% increase over its closed loan volume in 2005.Save to My Web

U.K. Stocks Advance, Led by BP, Shell; HBOS, Vodafone Decline 
Bloomberg.com - 1 hour, 14 minutes ago
June 5 (Bloomberg) — U.K. stocks including BP Plc and Royal Dutch Shell Plc rose as oil gained to its highest in three weeks. Lloyds TSB Group Plc, Barclays Plc and HBOS Plc paced declines in banking stocks. Vodafone Group Plc and BT Group Plc also dropped.Save to My Web

What the rich want in a home 
CNN Money - 2 hours, 25 minutes ago
The latest Coldwell Banker Previews International Luxury Survey reveals that, although owners of million dollar houses are living well, they are not indulging in especially lavish life styles.Save to My Web

Fitch Affirms 9 SASCO RMBS Ratings from 4 Securitizations 
[Press Release] Business Wire via Yahoo! Finance - 16 minutes ago
NEW YORK—-June 5, 2006–Fitch affirms 9 classes of Structured Asset Securities Corp. residential mortgage-backed certificates, as follows:Save to My Web

Homecomings Financial Introduces Technology and Loan Program Enhancements 
[Press Release] Business Wire via Yahoo! Finance - 17 minutes ago
MINNEAPOLIS—-June 5, 2006–Homecomings Financial has announced significant enhancements to provide mortgage brokers with leading-edge technology to match their borrowers with the right loans.Save to My Web

Deutsche Bank and Pinnacle Financial Launch Pinnacle Commercial Mortgage 
[Press Release] Business Wire via Yahoo! Finance - 6 minutes ago
NEW YORK—-June 5, 2006–Deutsche Bank Securities Inc. today announced it has entered into a joint venture with Pinnacle Financial Corporation to form Pinnacle Commercial Mortgage, LLC, a Florida-based originator of Alt-A small-balance multifamily, commercial and mixed-use mortgage loans.Save to My Web

U.S. Stocks Drop on Oil, Services Report; Material Shares Fall 
Bloomberg.com - 50 minutes ago
June 5 (Bloomberg) — U.S. stocks fell as an increase in oil prices to a three-week high and a report that showed a slowdown in growth in the services industries raised concern that consumer spending and economic expansion will taper off.Save to My Web

Fitch Affirms 5 RMBS Classes of MASTR Seasoned Securitization Trust 2005-1 
[Press Release] Business Wire via Yahoo! Finance - 34 minutes ago
NEW YORK—-June 5, 2006–Fitch affirms the following Mortgage Asset Securitization Transactions Seasoned Securitization Trust mortgage pass-through certificates as follows:Save to My Web

Government debt makes a comeback 
Sydney Morning Herald - 2 hours, 45 minutes ago
AFTER years of concentrating on getting the mortgage down, state governments are now finding that when you do renovations, you sometimes have to borrow. -Save to My Web

Fitch Affirms 6 Classes from MASTR RLT 2005-1 
[Press Release] Business Wire via Yahoo! Finance - 8 minutes ago
NEW YORK—-June 5, 2006–Fitch has affirmed the following Mortgage Asset Securitization Transactions Reperforming Loan Trust mortgage pass-through certificates:Save to My Web

Dilemma on an Alabama island: More money to fight nature’s wrath? 
USA Today - 2 hours, 19 minutes ago
Pounded by Hurricane Ivan in 2004 and then Katrina last year, Dauphin Island hardly resembles the paradise days of its past. About 300 beach homes were destroyed by the two storms, and as many as 50 lots are now in the Gulf of Mexico, which constantly reshapes this narrow spit of sand.Save to My Web

STARWATCH CONSUMER: Some minority homebuyers more likely to pay high mortgage rates 
Kansas City Star - 49 minutes ago
Black and Hispanic homebuyers are more likely to pay high mortgage rates than white borrowers with similar credit ratings and income levels, an advocacy group found.Save to My Web

Housing Bubble About to Bust? Consumers Say No in ING DIRECT National Survey 
FinanzNachrichten - 1 hour, 43 minutes ago
While talk of a housing ( Nachrichten / Aktienkurs ) bubble triggered by higher interest rates is a topic of discussion and much news coverage, most consumer are confident about real estate prices and don’t seem concerned by some increases in mortgage rates.Save to My Web

Bennington company wins financial backing to create 55 jobs 
WRGB - 21 minutes ago
(Bennington, VT - AP) - Vermont Composites in Bennington has won the financial backing that will allow it to create 55 new jobs. Company officials say the Vermont Economic Development Authority provided a one million-dollar mortgage insurance guarantee and a 304,000-dollar loan.Save to My Web

Be careful with home builder’s financing 
Bankrate.com - 1 hour, 41 minutes ago
Dear Dr. Don, We are purchasing a new Richmond home in a few months and my husband and I are trying to compare the HomeAmerican mortgage rates plus $8,000 incentive, which is higher, to other lenders. I was wondering if I could get some advice on comparing lenders and what to look for.Save to My Web

Our View: Race still a factor in mortgage lending, study finds. That hurts everyone. 
Fayetteville Observer - 2 hours, 29 minutes ago
The mortgage industry is scrambling its spinners and spokespeople to proclaim innocence, but the numbers tell a different tale. There is rampant racial discrimination in the home-loan business.Save to My Web

Delta Financial Sets Quarterly Dividend 
AP via Yahoo! Finance - 1 hour, 7 minutes ago
Delta Financial Corp., which sells non-conforming mortgage loans, said Friday that its board has approved a quarterly cash dividend of 5 cents per common share.Save to My Web