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News :

With guidance, mortgaging process a manageable one
Oregon City News
What are the usual steps required to be pre-approved for a mortgage? A. The process does take a little time. However, don't be intimidated. If you have skilled guidance the process is very manageable. To begin, you must decide what type of home you are ...

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Oregon anti-foreclosure program shows slow start
McMinnville News-Register
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April ?indicates that there is more work to be done? for Oregon. Margaret Van Vliet, who oversees the ...

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Sluggish start for mortgage assistance program
Bend Bulletin
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April ?indicates that there is more work to be done? for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Daily Astorian
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Corvallis Gazette Times
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Longview Daily News
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon anti-foreclosure program shows slow start
Albany Democrat Herald
While the program shows promise, only 11 mortgages have been refinanced after more than a year. More recently, a US Treasury review completed in April "indicates that there is more work to be done" for Oregon. Margaret Van Vliet, who oversees the ...

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Oregon Country Club reopens
Ogle County News
By Vinde Wells - Editor Tom Gerke puts an open sign on one of the clubhouse doors at the Oregon Country Club May 8. The course reopened Tuesday. For tee times and rates, visit www,golfogc.com. Photo by Chris Johnson Sunshine and mild temperatures ...



Holton swings by Albany in AG campaign
Albany Democrat Herald
(Mark Ylen/Democrat-Herald) Dwight Holton, one of two Democrats running for Oregon attorney general, says his first priority in office would be public safety, followed by consumer protection and shielding people from mortgage fraud.

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Oregon wood products sector makes slow turn upward
Mail Tribune
Swan said he needed a job that paid at least $15 an hour to make his mortgage payments, and he found one. The plant pays an average of $19 an hour, said Henderson, the superintendent. Swan's wage will increase to about $17 an hour when he passes a ...

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News & Observer

McCrory campaign wants TV ad pulled
News & Observer
The ad also seeks to tie McCrory's position on the board to financial settlements or penalties by company subsidiaries, including LendingTee.com, over their lending or mortgage practices. There were such settlements, including one in South Carolina.

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McCrory campaign wants TV ad pulled
Charlotte Observer
The ad also seeks to tie McCrory's position on the board to financial settlements or penalties by company subsidiaries, including LendingTree.com, over its lending or mortgage practices. There were such settlements, including one in South Carolina.

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Monarch Bank is Now Open in Suffolk
Citybizlist (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

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Monarch Bank is Now Open in Suffolk
NASDAQ
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Bank is Now Open in Suffolk
GlobeNewsWire (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Bank is Now Open in Suffolk
MarketWatch (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
NASDAQ
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer, mobile and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Credit card and mortgage debt down, but so are scores
Puget Sound Business Journal
In some states mortgage debt fell more -- it dropped 7 percent in both Mississippi and Tennessee, and fell 6 percent in South Carolina, West Virginia and Wisconsin. Nationwide, home equity debt fell and so did student loan debt, but auto loan debt ...

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Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
MarketWatch (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer, mobile and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »


Monarch Financial Holdings Declares Cash Dividend on Preferred Stock
GlobeNewsWire (press release)
Services are also provided through over fifty ATMs located in the South Hampton Roads area and the Outer Banks of North Carolina, and "Monarch Online" consumer, mobile and business internet banking (monarchbank.com). Monarch Mortgage and our affiliated ...

and more »

News :

"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.

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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 ...

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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.

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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 ...

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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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