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News :

Shafted! Why are Homeowners Still Left to Struggle Against Big Banks Alone?
AlterNet
?These banks will put billions of dollars towards relief for families across the nation,? President Obama said. ?They'll provide refinancing for borrowers that are stuck in high interest rate mortgages. They'll reduce loans for families who owe more on ...

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Shafted! Why are Homeowners Still Left to Struggle Against Big Banks Alone?
AlterNet
?These banks will put billions of dollars towards relief for families across the nation,? President Obama said. ?They'll provide refinancing for borrowers that are stuck in high interest rate mortgages. They'll reduce loans for families who owe more on ...

and more »


Mortgage-aid revisions paying off for lenders and some borrowers
NewsOK.com
The revisions to the Obama administration's 3-year-old Home Affordable Refinance Program have yielded mixed results for homeowners, according to analysts and mortgage professionals. Some responsible homeowners are indeed getting lower-interest loans ...

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Obama, Romney both shy about economic specifics
Mainichi Daily News
WASHINGTON (AP) -- By all accounts, economic issues will determine whether President Barack Obama wins a second term or is ousted in favor of Republican challenger Mitt Romney. But voters, especially the independents who will decide the outcome of the ...

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FHA may ease mortgage rules for condos
The Seattle Times
According to condo experts, real-estate agents, lenders and builders, the rules have become overly strict and have cut off buyers from their best source of low-cost mortgage money, frustrating the real-estate recovery the Obama administration says it ...

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FHA may ease rules for mortgages on condos
MiamiHerald.com
According to condominium experts, realty agents, lenders and builders, FHA's rules have become overly strict and have cut off unit buyers from their best source of low-cost mortgage money, thereby frustrating the real estate recovery that the Obama ...

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Obama, Romney both shy about economic specifics
Jakarta Post
By all accounts, economic issues will determine whether President Barack Obama wins a second term or is ousted in favor of Republican challenger Mitt Romney. But voters, especially the independents who will decide the outcome of the November election, ...

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Obama Assets Valued Between $2.6M and $8.3M
Washington Informer
Royalties from Obama's books, "Dreams From My Father," ''The Audacity of Hope" and "Of Thee I Sing," totaled between $250000 and $2.1 million. The Obamas have a 30-year mortgage on their Chicago home worth between $500000 and $1 million with an ...

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Condo sales may become easier if FHA revises rules governing mortgages
Washington Post
According to condominium experts, realty agents, lenders and builders, FHA's rules have become overly strict and have cut off unit buyers from their best source of low-cost mortgage money, thereby frustrating the real estate recovery that the Obama ...

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Michelle Obama speaks to Paralympians and Olympians to get kids more active
Examiner.com
The White House today released a transcipt of Michelle Obama's speech to Team USA, Olympians and Paralympians to promote the Partnership for a Healthier America. The partnership is gearing up to promote getting kids more active to combat childhood ...

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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 ...

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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 ...

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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.

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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 ...

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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 ...

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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 ...

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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 ...

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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 :

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 ...

and more »


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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Hires and Promotions (May 19, 2012)
In-Forum
Heinz graduated from the North Dakota State College of Science, Wahpeton. Larson also graduated from NDSCS and has more than eight years of experience in the electrical construction industry. Angela Searls has joined Valley Mortgage, 3301 13th Ave.

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Blue Cross Names New President
Albuquerque Journal (subscription)
BISMARCK, ND ? North Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas, state officials said this week. North Dakota oil drillers pumped 17.8 million barrels in March, with a daily average of ...

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Law officer housing gets boost in ND oil patch
Dickinson Press
AP - WILLISTON, ND Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, where housing ...

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Housing for Police Officers
KFYR-TV
Counties in North Dakota`s oil country need more cops and deputies. But it`s not easy to hire someone when they can`t find a place to live. This week, the state unveiled what`s called the "Law Enforcement Pilot Program," which will enable officers in ...

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Law officer housing gets boost in ND oil patch
Grand Forks Herald
AP - WILLISTON, ND Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, where housing ...

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Law officer housing gets boost in oil patch
WDAY
WILLISTON, ND (AP) ? Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, ...

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Housing: State to Subsidize $3M in Law Enforcement Housing
LoanSafe
WILLISTON (Source Amy Dalrymple Dickinson Press, ND (MCT) ? Attorney General Wayne Stenehjem announced Wednesday he's directing $3 million from the state's share of a lawsuit settlement to subsidize housing for law enforcement in the Oil Patch.

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State to use $3 million to subsidize housing for law officers in North ...
The Republic
AP WILLISTON, ND ? Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, where housing ...

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$3 million directed for subsidized law enforcement housing in Oil Patch
Grand Forks Herald
WILLISTON, ND ? Attorney General Wayne Stenehjem announced Wednesday he's directing $3 million from the state's share of a lawsuit settlement to subsidize housing for law enforcement in the Oil Patch. Stenehjem, speaking at the Bakken Housing ...

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Law officer housing gets boost in North Dakota oil patch
Bismarck Tribune
AP | Posted: Thursday, May 17, 2012 10:28 am | (4) Comments WILLISTON, ND ? Attorney General Wayne Stenehjem says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the ...

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