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News :

Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
Carolina -- 6.07% of outstanding mortgage balances are at least 90 days delinquent The number of seriously delinquent mortgages has almost tripled over the last four years, from 2.09% in Q4 2007, to 6.07% at the end of last year. 9. Connecticut ...



The great foreclosure deception; big banks renege on Obama deal
Examiner.com
The banks want out of the mortgage game, and are taking their pound of flesh as they exit. That pound of flesh is pricier than the finest fillet mignon. Wells Fargo, Bank of America and the other big banks that hold most of the nation's mortgages have ...

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SBT BANCORP INC (CONNECTICUT) : SBT Bancorp Announces Quarterly Dividend
4-traders
The Bank serves customers through full-service offices in Avon, Bloomfield, Granby and Simsbury, Connecticut; a mortgage loan center in Canton; and mortgage loan originators throughout Connecticut; SBT Online internet banking at simsburybank.com; ...

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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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Business briefs
Minuteman News Center
He resides in Fairfield, Connecticut with his wife, Ellen, and two sons, Patrick and Brian. Mortgage Master and the Fairfield Chamber of Commerce will host a Business After Hours on Thursday, May 24, from 5:30 to 7:00 pm at One Post Road, Fairfield.

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Business briefs
Minuteman News Center
He resides in Fairfield, Connecticut with his wife, Ellen, and two sons, Patrick and Brian. Mortgage Master and the Fairfield Chamber of Commerce will host a Business After Hours on Thursday, May 24, from 5:30 to 7:00 pm at One Post Road, Fairfield.

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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 ...
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 »


Prologue hires two mortgage investment vets
HFMWeek
Prologue Capital, a $1.7bn Greenwich, Connecticut- and London-based alternative investment firm that manages a discretionary fixed-income strategy, has hired Michael Chapey and Noah Estrin, two industry veterans focused on mortgages investing, ...

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Housing: Condo owners, buyers stand to benefit from revisions to FHA rules
Arizona Daily Star
The revisions could remove at least some of the obstacles that have dissuaded condominium homeowner association boards from seeking FHA approvals or recertifications of their buildings for FHA loans during the past 18 months.

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FHA may ease mortgage rules for condos
The Seattle Times
The revisions could remove at least some of the obstacles that have dissuaded condominium homeowner-association boards from seeking FHA approvals or recertifications of their buildings for FHA loans during the past 18 months.

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FHA may ease rules for mortgages on condos
MiamiHerald.com
The revisions could remove at least some of the obstacles that have dissuaded condominium homeowner association boards from seeking FHA approvals or recertifications of their buildings for FHA loans during the past 18 months.

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FHA's streamlined refinance program can save borrowers thousands
San Francisco Chronicle
Loan type: FHA 30-year fixed. Rate: Fixed 3.75 percent. Backstory: Cary's clients thought they were stuck with a much higher interest rate and higher payments because their home had dropped in value below the amount of their mortgage.

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Condo sales may become easier if FHA revises rules governing mortgages
Washington Post
The revisions could remove at least some of the obstacles that have dissuaded condominium association boards from seeking approval or recertification of their buildings for FHA loans during the past 18 months. Under the agency's regulations, ...

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Mortgage Rates: Low Mortgage Rates Decrease Again to New Record Lows
FreeRateUpdate.com
Following the same path and decreasing by .250%, today's FHA 30 year fixed mortgage interest rates are at 3.125%, FHA 15 year fixed mortgage rates are at 2.625% and FHA 5/1 ARM loan rates are at 2.625%. First time home buyers find FHA easy to deal with ...

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Is the government backing a new housing bubble?
MSN Money
Under a plan introduced by President Barack Obama, an FHA-qualifying US homebuyer can apply for a 30-year mortgage with a fixed interest rate of 3.75 percent and a 15-year fixed mortgage at 3 percent. FHA loans require as little as 3.5 percent of the ...

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TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

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TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the upcoming changes to FHA on June 1st as well as the credit requirement changes for FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio ...

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TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado. TexasLending.com is a mortgage Banker with virtually unlimited options available for conventional, FHA, VA, ...

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News :

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 wants NC governor's race ad off the air
Greenville Daily Reflector
AP RALEIGH, NC (AP) ? Pat McCrory's North Carolina gubernatorial campaign demanded Friday that television stations stop running a commercial bankrolled by a Democratic governor's group, arguing it made false claims about his activities linked to a ...

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McCrory wants NC race ad off the air
WAVY-TV
RALEIGH, NC (AP) - Pat McCrory's gubernatorial campaign is demanding television stations stop running a commercial bankrolled by the Democratic Governors Association, arguing it made false claims about his activities linked to a Charlotte-based ...

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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.

and more »


McCrory Wants NC Governor's Race Ad Off The Air
WITN
The ad seeks to tie McCrory's position on the board of directors of Tree.com Inc. with financial settlements or penalties by company subsidiaries over lending or mortgage practices. McCrory was in his last year as Charlotte mayor when he joined the ...

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McCrory wants NC governor's race ad off the air
NOLA.com
AP RALEIGH, NC (AP) ? Pat McCrory's North Carolina gubernatorial campaign demanded Friday that television stations stop running a commercial bankrolled by a Democratic governor's group, arguing it made false claims about his activities linked to a ...

and more »


McCrory wants NC governor's race ad off the air
Charlotte Observer
AP RALEIGH, NC Pat McCrory's North Carolina gubernatorial campaign demanded Friday that television stations stop running a commercial bankrolled by a Democratic governor's group, arguing it made false claims about his activities linked to a ...

and more »


McCrory wants NC governor's race ad off the air
NBC17.com
The ad seeks to tie McCrory's position on the board of directors of Tree.com Inc. with financial settlements or penalties by company subsidiaries over lending or mortgage practices. McCrory was in his last year as Charlotte mayor when he joined the ...

and more »


McCrory wants NC governor's race ad off the air
MyrtleBeachOnline.com
AP RALEIGH, NC -- Pat McCrory's North Carolina gubernatorial campaign demanded Friday that television stations stop running a commercial bankrolled by a Democratic governor's group, arguing it made false claims about his activities linked to a ...

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McCrory wants NC governor's race ad off the air
Daily Comet
AP RALEIGH, NC - Pat McCrory's gubernatorial campaign is demanding television stations stop running a commercial bankrolled by the Democratic Governors Association, arguing it made false claims about his activities linked to a Charlotte-based business.



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 ...



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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Edgewood Summit gets almost $9M for expansion
Charleston Gazette
The West Virginia Economic Development Authority authorized an $8.75 million mortgage revenue bond issue Thursday to pay for the project. Edgewood Summit will put equity in the project to make up the nearly $4 million difference, said Diane Gouhin, ...



C&F Financial Corporation Announces Quarterly Dividend
Sacramento Bee
By C&F Financial Corporation WEST POINT, Va., May 16, 2012 -- /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West Virginia have not been as specific as to where they are diverting the funds. Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how ...

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Consumer protection office opens in W.Va.
Graffiti
AP MARTINSBURG, W.Va. (AP) ? West Virginia's attorney general's office has opened a consumer protection office in Martinsburg to serve the Eastern Panhandle. Opened Tuesday, the office will help bridge residents in that part of the state with consumer ...

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Martinsburg workshop aims to help those struggling with mortgages
The Herald-Mail
Residents should bring all of their home mortgage-related documents to today's workshop, which will be from 10 am to 7 pm at the newly opened West Virginia attorney general's Eastern Panhandle office at 269 Aikens Center. Deputy Attorney General Jill ...



C&F FINANCIAL CORPORATION : Announces Quarterly Dividend
4-traders
WEST POINT, Va., May 16, 2012 /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common share, which is payable July 1, ...

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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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WV Attorney General opens Martinsburg office
State Journal
To help improve the region's access to consumer protection resources, West Virginia Attorney General Darrell McGraw recently opened a Martinsburg-based branch of the attorney general's office. During During the grand opening ceremony, residents got the ...

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