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News :

Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Mortgage debt falls in Alabama
Bizjournals.com
The other states that had decreases in mortgage were Mississippi and Tennessee (both down 7 percent); South Carolina, West Virginia and Wisconsin (all down 6 percent); and Louisiana and Wyoming (down 5 percent).

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of credit card debt while Connecticut ($6876), Hawaii ($7090) and Alaska ($7096) have the most. Montana paid down its credit card debt the most at 11% to $5572.

and more »


Jindal Using Credit Card to Pay off Louisiana's Mortgage? - Bayoubuzz
Bayoubuzz
The big brouhaha over Louisiana's $25 billion budget involves one-time money, basically new cash that cannot be counted on to return in future fiscal years. The budget takes effect July 1 and lawmakers are debating whether to use $268 million in these ...

and more »


Home Federal Bancorp, Inc. of Louisiana Reports Results of Operations for the ...
MarketWatch (press release)
The Company sells most of its fixed rate mortgage loan originations. The increases in non-interest expense for the quarter and nine months ended March 31, 2012 compared to 2011 were primarily due to increases in compensation and benefits expense of ...

and more »


Former Louisiana Bank Executive Pleads Guilty To Fraud Conspiracy
Mortgageorb
The purpose of the loans was to purchase parcels of real estate, develop them into subdivisions, and build houses on them, which were to be eventually bought by prospective home buyers who would obtain permanent mortgages to finance the purchase.

and more »


Former President of First Community Bank of Louisiana Pleads Guilty to Bank Fraud
Mortgage Daily
The purpose of the loans was to purchase parcels of real estate, develop them into subdivisions, and build houses on them, which were to be eventually bought by prospective home buyers who would obtain permanent mortgages to finance the purchase.

and more »


Senators Introduce Legislation to Bolster Small Business Access to Capital
PoliticalNews.me (press release)
WASHINGTON, DC ? US Senators Olympia J. Snowe (R-Maine), Mary L. Landrieu (D-Louisiana), and Jeanne Shaheen (D-New Hampshire) have introduced legislation, S.2364, that would extend for one year a provision allowing small business owners to use Small ...



Michigan football radiothon: Marlin Jackson trying to help rookies; Dhani ...
Detroit Free Press
?The things you will encounter becoming a professional athlete, as far as agents, advisers, CPAs, the relationship with you -- buying a house, what goes into a mortgage, all these different things," Jackson said. "Family and having responsibilities ...

and more »


Michigan football radiothon: Dhani Jones a big fan of Brady Hoke
Detroit Free Press
?The things you will encounter becoming a professional athlete, as far as agents, advisers, CPAs, the relationship with you -- buying a house, what goes into a mortgage, all these different things," Jackson said. "Family and having responsibilities ...

and more »


Life Insurance in Michigan Can Be Easy and Stress-Free Through Michigan Life ...
SBWire (press release)
Lansing, MI -- (SBWIRE) -- 05/18/2012 -- As anyone who has ever tried to purchase life insurance knows quite well, it can be a confusing process. From term to permanent policies and more, it can be hard to determine which type of coverage would be best ...

and more »


European debt crisis helps push mortgage rates to new lows
Virginia Business Magazine
The average 15-year and 30-year fixed-rate mortgages fell to a record low this week as European debt crisis overshadowed positive US economic news. The average 30-year fixed mortgage rate was 3.79 percent, down from 3.83 percent last week.

and more »


Fixed Mortgage Rates Hit Record Lows Again
Bar Harbor Times
By Legacy Properties Sotheby's International Realty | May 17, 2012 MCLEAN, Va., May 17, 2012 /PRNewswire/ ? Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates again ...

and more »


RealtyTrac reports foreclosures at five-year low
WTVB
In Michigan, RealtyTrac is reporting 9310 foreclosure properties for the month of April, about one in every 487 housing units. The rising number of foreclosures forecast by RealtyTrac after a settlement by the nation's biggest mortgage firms over ...

and more »


RealtyTrac reports foreclosures at five-year low
WHTC
In Michigan, RealtyTrac is reporting 9310 foreclosure properties for the month of April, about one in every 487 housing units. The rising number of foreclosures forecast by RealtyTrac after a settlement by the nation's biggest mortgage firms over ...

and more »


RealtyTrac reports foreclosures at five-year low
WKZO
In Michigan, RealtyTrac is reporting 9310 foreclosure properties for the month of April, about one in every 487 housing units. The rising number of foreclosures forecast by RealtyTrac after a settlement by the nation's biggest mortgage firms over ...

and more »


Fitch Rates McLaren Health Care (MI) Series 2012A Bonds 'AA-'; Outlook Stable
SunHerald.com
Bond proceeds will be used to refund McLaren's series 1998A bonds and the series 1998, 2003 and 2006 bonds issued on behalf of Northern Michigan Regional Hospital, refinance draws on certain lines of credit, refinance a mortgage and pay costs of ...

and more »


Fitch Rates McLaren Health Care (MI) Series 2012A Bonds 'AA-'; Outlook Stable
MarketWatch (press release)
Bond proceeds will be used to refund McLaren's series 1998A bonds and the series 1998, 2003 and 2006 bonds issued on behalf of Northern Michigan Regional Hospital, refinance draws on certain lines of credit, refinance a mortgage and pay costs of ...

and more »

News :

ABC6OnYourSide.com

Alleged Mortgage Fraud Ring Leader Sentenced
ABC6OnYourSide.com
Orms allegedly gained possession of millions of dollars from lenders through fraudulent mortgage applications. Orms recently lived in Arizona. He was not ordered to pay restitution because, a Franklin County prosecutor says, he most likely did not have ...

and more »


Boston.com

Report: Fewer US homes foreclosed upon in April
Boston.com
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...

and more »


Foreclosure drop seen nationwide
Columbia Daily Tribune
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released yesterday. One in every 698 US housing units had a foreclosure filing during the month.

and more »


Foreclosures Hit a Record Low - Analyst Blog
NASDAQ
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

and more »


Foreclosures Fall...And That's a Bad Thing?
TheStreet.com
Foreclosure starts, the first stage in the foreclosure process, fell in April in the hardest hit states of California, Arizona and Nevada, according to Foreclosure Radar. California saw the steepest slide, with Notice of Default filings down nearly 16% ...

and more »


Foreclosures Hit a Record Low
Zacks.com
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

and more »


AXcess News

Foreclosures down, short sales up. Are banks getting smart?
AXcess News
Homeowners get to shed their mortgage debt faster - and with less damage to their credit rating. Short sales began outpacing foreclosures in some states late last year. Six states saw more preforeclosure sales - typically, short sales - than ...

and more »


Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
?Our preliminary first-quarter sales data shows that pre-foreclosure sales ? typically short sales ? are on pace to outnumber sales of bank-owned properties during the quarter in California, Arizona and 10 other states.? After three straight monthly ...

and more »


County foreclosures lead state
The Desert Sun
A total of 3850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide in April, translating to 1 in 208 households in some stage of foreclosure, according to Irvine-based RealtyTrac. The number of filings was 12 ...

and more »


Fewer US homes foreclosed on in April
HeraldNet
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Mortgage debt falls in Alabama
Bizjournals.com
The other states that had decreases in mortgage were Mississippi and Tennessee (both down 7 percent); South Carolina, West Virginia and Wisconsin (all down 6 percent); and Louisiana and Wyoming (down 5 percent).

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of credit card debt while Connecticut ($6876), Hawaii ($7090) and Alaska ($7096) have the most. Montana paid down its credit card debt the most at 11% to $5572.

and more »


Jindal Using Credit Card to Pay off Louisiana's Mortgage? - Bayoubuzz
Bayoubuzz
The big brouhaha over Louisiana's $25 billion budget involves one-time money, basically new cash that cannot be counted on to return in future fiscal years. The budget takes effect July 1 and lawmakers are debating whether to use $268 million in these ...

and more »


Home Federal Bancorp, Inc. of Louisiana Reports Results of Operations for the ...
MarketWatch (press release)
The Company sells most of its fixed rate mortgage loan originations. The increases in non-interest expense for the quarter and nine months ended March 31, 2012 compared to 2011 were primarily due to increases in compensation and benefits expense of ...

and more »


Former Louisiana Bank Executive Pleads Guilty To Fraud Conspiracy
Mortgageorb
The purpose of the loans was to purchase parcels of real estate, develop them into subdivisions, and build houses on them, which were to be eventually bought by prospective home buyers who would obtain permanent mortgages to finance the purchase.

and more »


Former President of First Community Bank of Louisiana Pleads Guilty to Bank Fraud
Mortgage Daily
The purpose of the loans was to purchase parcels of real estate, develop them into subdivisions, and build houses on them, which were to be eventually bought by prospective home buyers who would obtain permanent mortgages to finance the purchase.

and more »


Senators Introduce Legislation to Bolster Small Business Access to Capital
PoliticalNews.me (press release)
WASHINGTON, DC ? US Senators Olympia J. Snowe (R-Maine), Mary L. Landrieu (D-Louisiana), and Jeanne Shaheen (D-New Hampshire) have introduced legislation, S.2364, that would extend for one year a provision allowing small business owners to use Small ...