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News :

KSDK

Local woman sentenced for scamming Hawaiian homeowners
KSDK
St. Louis (KSDK) - A St. Louis woman has been sentenced for scamming more than 80 people in Hawaii. Marien Brown was sentenced to 18 months in prison and ordered to pay $250000 in restitution for falsely operating a "mortgage rescue" service.

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KMOX.com

Local Woman Sentenced Involving Mortgage Foreclosure Scam
KMOX.com
Brown researched and identified groups of vulnerable homeowners in Hawaii that were one or more mortgage payments behind, or were in imminent risk of home foreclosure, and sent out a large number of unsolicited mailings to prospective clients claiming ...

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Wentzville Woman Sentenced in $250000 Credit Scam
Patch.com
Brown researched and identified groups of homeowners in the state of Hawaii that were one or more mortgage payments behind, or were in imminent risk of home foreclosure. She then sent out a large number of unsolicited mailings to prospective clients ...

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Federal Lawmakers Should Curb Excesses at Government-Backed Banks and Protect ...
Hawaii Reporter
The primary mission of the CFPB is to protect consumers when dealing with financial institutions, whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.

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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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Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...

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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.

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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 ...

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Credit Karma: Card and mortgage debt down, but so are scores
Bizjournals.com
In California in April, the average consumer had $5674 in credit card debt, $303745 in mortgage debt (higher than any state except Hawaii, with $310199), $15439 in auto debt, $29069 in student loans and a typical credit score of 676.

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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 ...

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Gateway Mortgage Expands Into Nebraska Market
National Mortgage Professional Magazine
Gateway Mortgage Group has acquired its largest branch and has entered the Omaha market with its newest location in Omaha, Neb. Mortgage industry veteran, Kent Geschwender will lead the newly acquired branch and its staff of eight seasoned loan ...

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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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Wyo ranks low for mortgage delinquencies
Casper Star-Tribune Online
... mortgage delinquency rates in the first quarter, according to credit bureau giant TransUnion. Wyoming registered the fourth lowest rate at 2.43 percent, behind North Dakota (1.51 percent), South Dakota (2.11 percent) and Nebraska (2.31 percent).

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TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
SYS-CON Media (press release)
CHICAGO, IL -- (Marketwire) -- 05/09/12 -- The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that began in ...

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TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
MarketWatch (press release)
CHICAGO, IL, May 09, 2012 (MARKETWIRE via COMTEX) -- The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that ...

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Berkshire Mortgage Venture Bets on Florida's Rebound
BusinessWeek
By Margaret Collins on May 04, 2012 Berkadia Commercial Mortgage LLC, the joint venture of Warren Buffett's Berkshire Hathaway Inc. (BRK/A) (A) and Leucadia National Corp. (LUK) (LUK), is expanding in Florida as it prepares for an end to the state's ...

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Bloomberg

Berkshire Mortgage Venture Bets on Florida's Rebound
Bloomberg
Berkadia Commercial Mortgage LLC, the joint venture of Warren Buffett's Berkshire Hathaway Inc. (BRK/A) and Leucadia National Corp. (LUK), is expanding in Florida as it prepares for an end to the state's real estate slump. ?Florida in general is on the ...

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National Mortgage Professional Magazine

Greg Redmond to Lead New REMN Branch in Kansas City
National Mortgage Professional Magazine
The new Kansas City location will serve the Kansas City area, as well as Missouri, Tennessee and Nebraska. Redmond is a 25-year veteran of the mortgage industry and a lifelong area resident. A member of the Mortgage Bankers Association (MBA) and the ...

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Munn Re-elected as Chairman of the FFIEC State Liaison Committee
CUinsight.com (press release)
Munn is the Director of the Nebraska Department of Banking and Finance, where he has served since January 2005. The Department supervises state-chartered financial institutions, registered and licensed financial entities including mortgage banking, ...

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Aurora Continues Dismantling
Mortgage Daily
By MortgageDaily.com staff Following word that Aurora Bank FSB is closing its origination unit, laying off more than a hundred Missouri employees and unloading a servicing portfolio -- the company now plans hundreds of layoffs in Indiana and Nebraska.

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News :

Increasing Mortgage Rates Threaten Thousands of Brits with Home-Loss
DigitalJournal.com (press release)
RoadFish.com men's lifestyle and finance magazine today articulated its hope that rising UK mortgage rates is pure speculation, in response to learning that a jump even as small as 20 pounds a month (equivalent to $31 in US) could put more than 100000 ...

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Housing: Condo owners, buyers stand to benefit from revisions to FHA rules
Arizona Daily Star
WASHINGTON - Thousands of condo unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its ...



Residents get a helping hand as Trafford Council and Lloyds TSB join forces
Messenger Newspapers
The five per cent deposit is signifcantly less than the 25 per cent normally needed by most mortgage providers, and mortgage rates will also be lower for users of this product, than is traditionally available for a small deposit value.

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PR Web (press release)

Increasing Mortgage Rates Threaten Thousands of Brits with Home-Loss
PR Web (press release)
RoadFish.com men's lifestyle and finance magazine today expressed concern for its friends in the UK dealing with the Eurozone crisis, especially after a recent report stated that over 100000 families in the UK could lose their homes if mortgage prices ...

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Borrowers' full disclosure is key
Columbia Daily Tribune
Your credit worthiness on a mortgage loan of investment-grade quality ? those loans that are sold into the secondary market to Fannie Mae and Freddie Mac ? must be documented beyond the shadow of a doubt in the world of mortgage finance these days.



"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review Canada (press release)
SHERMAN OAKS, Calif., May 18, 2012 /PRNewswire/ -- National real estate expert and sales guru Steve Harney and best-selling author and Prospect Mortgage's Chief Performance Officer Todd Duncan will co-host an informative, one-hour webinar, ...

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Burton Mail

Hospital nursing assistant pilfered cash from patient
Burton Mail
A BENEFITS cheat used nearly £30000 of taxpayers' cash to pay off her mortgage, a court heard. Lesley Bayston, 59, now faces having her home confiscated to repay the money to the public purse. Bayston, of Marston Lane, Rolleston, claimed income support ...

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Burton Mail

Tax cheat, 59, claimed £30K
Burton Mail
A BENEFITS cheat used nearly £30000 of taxpayers' cash to pay off her mortgage, a court heard. Lesley Bayston, 59, now faces having her home confiscated to repay the money to the public purse. Bayston, of Marston Lane, Rolleston, claimed income support ...

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Citbank /Provident Funding Short Sale Closed by The Ballen Group of Keller ...
PR.com (press release)
Las Vegas, NV, May 19, 2012 --(PR.com)-- The Ballen Group just closed a Short Sale with Provident Funding and Citibank Mortgage for a property on the street: Crispinio in Las Vegas. There were two Liens. The property was listed for $119900 and sold for ...

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Home sales stronger, but with caveats
Philadelphia Inquirer
Among the positives, according to Yun, are high affordability conditions, increased job creation, improving consumer confidence, and an increase in rental costs that make mortgage payments look like a bargain. Much of the current growth in ...

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Dragas Mortgage Company Selects JASE Group LLC as Advertising Agency of Record
PR Urgent (press release)
New Dragas Mortgage advertising initiatives are expected to debut across Virginia in the late second quarter of 2012 with ambitions of expanding the Dragas Mortgage client services to regional and national prominence. Dragas Mortgage Company President ...



Loughborough brings in new mortgage deals
This is Leicestershire
Two of the products are three year fixed-rate mortgages; the first offers a 3.15% fixed pay-rate featuring a 75% maximum loan-to-value (LTV). The second provides a 4.25% fixed pay-rate for loans up to 90% loan-to-value (LTV) rate for people who have a ...



CoreLogic To Announce Second Quarter 2012 Financial Results
Business Review Europe (press release)
SANTA ANA, Calif., May 18, 2012 /PRNewswire/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, confirmed today that it will release its second quarter 2012 financial results after the market close on Monday, ...

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CoreLogic To Announce Second Quarter 2012 Financial Results
Exec Digital (press release)
SANTA ANA, Calif., May 18, 2012 /PRNewswire/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, confirmed today that it will release its second quarter 2012 financial results after the market close on Monday, ...

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Deutsche fears mortgage crisis to 'force second Irish bailout'
Irish Independent
By Laura Noonan THE spiralling mortgages crisis could trigger another multi-billion recapitalisation of our banks and force Ireland into a 'second bailout', German banking giant Deutsche claimed yesterday. The damning 120-page note from Deutsche came ...

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CoreLogic To Announce Second Quarter 2012 Financial Results
Business Review USA (press release)
SANTA ANA, Calif., May 18, 2012 /PRNewswire/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, confirmed today that it will release its second quarter 2012 financial results after the market close on Monday, ...

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Unemployed? There's A Program That Will Pay Your Mortgage
WFMY News 2
Kyle Busch captured the pole for the Sprint All-Star race for the second ... Guilford County, NC-- If you or someone you know is unemployed or on the brink, there is a program that could help you keep your home. News 2 discovered The Mortgage Payment ...

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CoreLogic To Announce Second Quarter 2012 Financial Results
African Business Review (press release)
SANTA ANA, Calif., May 18, 2012 /PRNewswire/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, confirmed today that it will release its second quarter 2012 financial results after the market close on Monday, ...

and more »


Globe and Mail

Paying down mortgage? Building up RESPs? Get a grip on which comes first
Globe and Mail
Second, continue to make RRSP contributions, with Reg contributing to a spousal RRSP for Rhonda. Third, contribute to their TFSAs. ?Saving for vehicles and other short-term goals is fourth, extra payments on their personal mortgage fifth, ...

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Second bailout 'a downside risk'
Irish Examiner
By Geoff Percival Ireland's banks may need further recapitalisation of between ?2bn and ?4bn, which could result in the need for a second bailout. A report into the Irish banking sector by Deutsche Bank suggests the above scenarios as being downside ...

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