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News :

Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
South Dakota's $2.88 million will be used to ?enact regulations.? Among the things this money was intended for was counseling for homeowners, funds to pursue investigations into mortgage foreclosure activities, and assistance in refinancing.

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This Subprime Bubble Will Burst In State Court
Mondaq News Alerts (registration)
In support of their argument, the defendants submitted the declaration of an operations analyst of the South Dakota citizen who asserted that the total unpaid principal on the outstanding mortgage loans at issue was well in excess of $5 million.

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NOTICE OF MORTGAGE FORECLOSURE SALE
Rapid City Journal
SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY, Plaintiff, vs. Almeda Cassidy, Rebecca S. Eastman, and Butte County, South Dakota, Defendants. Lot 3 of Block 3 tof Willow Creek Estates No. 4, a Subdivision of Part of Lots P & Q of Valley View Addition, ...

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South Dakota Tries To Avoid Oil Boom's Downside
WBUR
ELLENBOLT: Because of the oil boom, western North Dakota is experiencing major housing shortages and increased crime activity, issues South Dakota officials would like to avoid. In Williston, North Dakota, rent and mortgage costs have sky-rocketed.

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South Dakota Tries To Avoid Oil Boom's Downside
NPR
ELLENBOLT: Because of the oil boom, western North Dakota is experiencing major housing shortages and increased crime activity, issues South Dakota officials would like to avoid. In Williston, North Dakota, rent and mortgage costs have sky-rocketed.

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Wyo ranks low for mortgage delinquencies
Casper Star-Tribune Online
Wyoming was in the lowest tier of states for 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 ...

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Obama asks Congress to act on 'to-do' list
WNLK
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

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Obama asks Congress to act on 'to-do' list
FoxReno.com
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

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Obama asks Congress to act on 'to-do' list
KFOX El Paso
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

and more »


Obama asks Congress to act on 'to-do' list
WHIO Radio
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

and more »


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 ...

and more »

News :

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 ...

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 ...

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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 ...

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Payment Rates Improve on Texas Home Mortgages
LoanSafe
Mississippi, Georgia and Nevada had the highest home mortgage delinquency rates in the first quarter ? all over 10 percent, the mortgage bankers said. The best performing home loan markets for on-time payments were in the Dakotas and Alaska.

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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 ...

and more »


Hawaii's average credit card debt declined 4% in April
Bizjournals.com
The average credit card debt in Hawaii last month was $7090, which was the second highest in the nation behind Alaska, but $310, or 4 percent, less than April 2011's average of $7400 and $2015 less than April 2010, when the average debt was $9105.

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Sen. Reed Introduces Bill to Enhance Mortgage Protections Accorded to Service ...
Targeted News Service (subscription)
I., Sherrod Brown, D-Ohio, and Mark Begich, D-Alaska. The legislation was referred to the Senate Veterans' Affairs Committee. The full text of the bill is available from the Library of Congress Thomas legislative web site.

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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.

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 »


Alaska Pacific Bancshares, Inc. Reports First Quarter Earnings for 2012
EON: Enhanced Online News (press release)
Our mortgage department is fully staffed and you can see by the increase in first quarter performance that the lending team has done a great job in the mortgage area,? stated Craig Dahl, President and CEO. ?During the first quarter of 2012 we had solid ...

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Fitch Rates Alaska HFC General Mtge Revs II 2012 Series A 'AA+' & 2012 Series ...
SunHerald.com
STRONG UNDERLYING ASSETS: The underlying mortgages to be pledged to the bonds are performing favorably. HIGH SHORT-TERM RATING: AHFC's 'F1+' rating reflects the corporation's ability to meet any potential liquidity demands needed for the 2012 GMRB II ...

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Fitch Rates Alaska HFC General Mtge Revs II 2012 Series A 'AA+' & 2012 Series ...
MarketWatch (press release)
STRONG UNDERLYING ASSETS: The underlying mortgages to be pledged to the bonds are performing favorably. HIGH SHORT-TERM RATING: AHFC's 'F1+' rating reflects the corporation's ability to meet any potential liquidity demands needed for the 2012 GMRB II ...

and more »