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News :

Dragas Mortgage Company Selects JASE Group LLC as Advertising Agency of Record
PR Urgent (press release)
JASE Group LLC (jasegroup.com) will serve as the Inbound Marketing & Creative Advertising agency of record for Dragas Mortgage Company (dragasmortgage.com) of Virginia Beach, VA. Virginia Beach, VA, May 18, 2012: Dragas Mortgage Company today announced ...



Mortgage settlement money fixes government budgets
GovPro Media
Money from the National Mortgage Settlement that struggling homeowners were counting on for relief is being channeled to plug state budget deficits instead. According to a report by Enterprise Community Partners (ECP), a group that supports affordable ...



CIVIL FILINGS: Jefferson County
West Virginia Record
* Plaintiff claims violation of the West Virginia Consumer Credit and Protection Act. Seeks costs minimum of $74999.99. Melinda D. Hedden vs. Saxon Mortgage Services Inc. * Plaintiff claims violation of the West Virginia Consumer Credit and Protection ...



W*USA 9

5 Plead Guilty In $1.5M Mortgage Fraud Scheme
W*USA 9
(WUSA) - Five people have pled guilty to conspiring to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Va. according to Neil H. MacBride, United States Attorney for the Eastern District of Virginia.

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5 Admit Guilty While 1 Still in Trial for $1.5 Million Mortgage Fraud Scheme
LoanSafe
( Source: US Justice Department) ? Five individuals have pled guilty to conspiring together to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Va. A federal grand jury has also indicted an individual for his ...

and more »


Five Plead Guilty and One Man Indicted in $1.5 Million Mortgage Fraud Scheme
7thSpace Interactive (press release)
ALEXANDRIA, VA?Five individuals have pled guilty to conspiring together to secure more than $1.5 million in a mortgage fraud scheme involving a home in Gainesville, Virginia. A federal grand jury has also indicted an individual for his alleged role in ...

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Monarch Bank is Now Open in Suffolk
Citybizlist (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

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Five Plead Guilty in Gainesville Mortgage Fraud Scheme
FairfaxNews.com
... in a mortgage fraud scheme involving a home in Gainesville. A federal grand jury has also indicted an individual for his alleged role in the real estate transaction. Neil H. MacBride, United States Attorney for the Eastern District of Virginia, ...

and more »


Monarch Bank is Now Open in Suffolk
NASDAQ
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


Monarch Bank is Now Open in Suffolk
GlobeNewsWire (press release)
Monarch Mortgage and our affiliated mortgage companies have over twenty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...

and more »


StateImpact Idaho

Housing Groups Cry Foul As Idaho Holds Onto Settlement Money
StateImpact Idaho
By Molly Messick Click on the map above to see a study of how states have used their portions of the mortgage settlement. Idaho received more than $13 million in a national, multi-billion dollar mortgage settlement reached early this year.

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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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 ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student loan debt the most while Vermont (8%), Utah (7%) and Delaware (7%) saw the biggest increases. Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of ...

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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 »


Your Treasure Valley business community-05-16-2012
The Idaho Statesman
Mario Reyes has been appointed dean of the College of Business and Economics at the University of Idaho. Scott Jackson and Roni Leuck have joined HomeStreet Bank as a mortgage loan officers. Saint Alphonsus Regional Medical Center has earned its STAR ...

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Federal Home Loan Bank of Seattle Announces New Appointment to Board of Directors
EON: Enhanced Online News (press release)
SEATTLE--(EON: Enhanced Online News)--The Federal Home Loan Bank of Seattle (Seattle Bank) today announced the appointment of David P. Bobbitt of Coeur d'Alene, Idaho, to serve on the Seattle Bank's Board of Directors as a member director representing ...

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Federal Home Loan Bank of Seattle Announces New Appointment to Board of Directors
SunHerald.com
SEATTLE -- The Federal Home Loan Bank of Seattle (Seattle Bank) today announced the appointment of David P. Bobbitt of Coeur d'Alene, Idaho, to serve on the Seattle Bank's Board of Directors as a member director representing the state of Idaho.

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Federal Home Loan Bank of Seattle Announces New Appointment to Board of Directors
MarketWatch (press release)
SEATTLE, May 15, 2012 (BUSINESS WIRE) -- The Federal Home Loan Bank of Seattle (Seattle Bank) today announced the appointment of David P. Bobbitt of Coeur d'Alene, Idaho, to serve on the Seattle Bank's Board of Directors as a member director ...

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News :

Homebuyers Eye Shorter Mortgages
NuWire Investor
Jack M. Guttentag, an emeritus professor of real estate at the University of Pennsylvania's Wharton School, says on his website, The Mortgage Professor, that the investment issue is more likely to favor the 15-year loan when rate spreads are especially ...



Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
Business Review Europe (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


15-Year Mortgages Are Especially Appealing
MainStreet
Jack M. Guttentag, an emeritus professor of real estate at the University of Pennsylvania's Wharton School, says on his website, The Mortgage Professor, that the investment issue is more likely to favor the 15-year loan when rate spreads are especially ...

and more »


Foreclosure Filings Up In Philadelphia Region
LoanSafe
The bump-up in state and city filings began in the fall, about the same time the last of the federal money used to keep Pennsylvania's Home Emergency Mortgage Assistance Program alive after Gov. Corbett failed to include money in the budget for it.

and more »


15-Year Mortgages Are Especially Appealing
TheStreet.com
Jack M. Guttentag, an emeritus professor of real estate at the University of Pennsylvania's Wharton School, says on his website, The Mortgage Professor, that the investment issue is more likely to favor the 15-year loan when rate spreads are especially ...

and more »


Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
African Business Review (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
Business Review Australia (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Report: Fewer US homes foreclosed upon in April
Utica Observer Dispatch
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 »


Ryan Homes Announces a Grand Opening Celebration for the New Ferncliff Single ...
Business Review India (press release)
SOUTH FAYETTE TOWNSHIP, Pa., May 16, 2012 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, will celebrate the Grand Opening of the new Ferncliff single-family model home at The Berkshires, ...

and more »


Foreclosure filings up in Philadelphia region
Philadelphia Inquirer
The bump-up in state and city filings began in the fall, about the same time the last of the federal money used to keep Pennsylvania's Home Emergency Mortgage Assistance Program alive after Gov. Corbett failed to include money in the budget for it.

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review Canada (press release)
Prospect Mortgage, LLC (Unique Identifier #3296) is a Delaware limited liability company licensed by the Department of Corporations under the California Residential Mortgage Lending Act and operates with the following licenses: AK Mortgage ...

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Lenders less leery of reducing homeowners' principal
The Republic
In addition, Fannie Mae and Freddie Mac, the government-backed mortgage giants that control the majority of mortgages in the state, will now allow loans to be paid down by the California program. Before, when a lender contribution was required, ...

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Federal Attack On Calif. Mortgage Overhaul Spurs Debate
Law360 (subscription)
By Erin Coe Law360, San Diego (May 18, 2012, 8:23 PM ET) -- A federal home loan regulator's criticism of California's mortgage reform proposals is fueling a debate between opponents who claim the legislation could increase litigation for lenders and ...



FHA's streamlined refinance program can save borrowers thousands
San Francisco Chronicle
Mortgage broker: David Cary, California Mortgage Advisors, Sausalito, (800) 400-2772, davidcary.com. Property type: An owner-occupied single-family residence in Benicia. Appraised value: No appraisal required. Borrowing amount: $539000.

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 »


30-year mortgage rate falls
KPVI News 6
A banner flies in front of a home at a Pulte Homes housing development May 5, 2009 in Oakland, California. (Justin Sullivan, Getty Images) WASHINGTON (AP) ? Average US rates for 30-year and 15-year fixed mortgages fell to record lows for the third ...

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Mortgage Rates: Low Mortgage Rates Decrease Again to New Record Lows
FreeRateUpdate.com
Today's Wells Fargo California 30 year fixed mortgage rates are at 3.625% (3.799% APR). MBS prices (mortgage backed securities) are down -3/32 (FNMA 30 yr 3.5 at 104.20). MBS prices affect mortgage rates which move in the opposite direction.

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A Window of Opportunity by California Mortgage Expert
SBWire (press release)
Petaluma, California based Mortgage Broker Jehoshua Shapiro, NMLS#275208 says that low rates have created a great opportunity for refinance or purchase, however creeping inflation could create interest rate hikes. Petaluma, CA -- (SBWIRE) -- 05/18/2012 ...



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 »