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18 April 2013
Mortgage rates edged down again this week, posting their third consecutive decline with 5-year adjustable-rate mortgages (ARMs) falling to a new record low in the weekly Freddie Mac rate survey.
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5 April 2013
The nation's four major mortgage insurance companies have been hit with $15 million in fines over what is described as an illegal kickback scheme with mortgage lenders.
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3 April 2013
The Obama administration is working to boost mortgage lending to borrowers with less-than-perfect credit, using a coordinated effort among federal agencies and lenders, the Washington Post is reporting.
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1 April 2013
Mortgages accounted for nearly half of the complaints received by the Consumer Financial Protection Agency (CFPB) in its first year-and-a-half of operation, the agency has reported.
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28 March 2013
The number of homes in foreclosure is on the rise but that doesn't mean more homeowners are falling into financial difficulty, according to figures released today by the foreclosure tracking firm RealtyTrac.
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27 March 2013
Homeowners who have fallen behind on their Fannie Mae or Freddie Mac mortgages will be eligible for a new, simplified loan modification program beginning the summer, the Federal Housing Finance Agency (FHFA) has announced.
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26 March 2013
New home sales declined in February, but remained ahead of their pace for the entirety of 2012, according to figures released today by the Census Bureau.
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20 March 2013
The number of homeowners with underwater mortgages continued to shrink in the fourth quarter of last year, although at a modest pace.
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20 March 2013
Mortgage applications for both home purchases and refinances fell last week, with refinancing dropping to its lowest share of total activity in 10 months.
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19 March 2013
A group of state attorneys general are calling for the replacement of Federal Housing Finance Agency head Edward DeMarco, saying his refusal to allow mortgage principle reductions is unduly prolonging the foreclosure crisis.
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11 March 2013
Mortgage rates are up significantly the past few days, spurred in large part by Friday's employment report showing the U.S.economy added 236,000 in February.
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7 March 2013
Mortgage rates are holding largely steady this week, with only minor changes among the major loan types, according to today's Freddie Mac weekly rate survey.
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4 March 2013
Interest-only mortgages are making a bit of a comeback, at least among the very wealthy.
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14 February 2013
Foreclosure starts have fallen to their lowest level in six-and-a-half years, after new regulations in California sharply reduced foreclosure actions there.
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6 February 2013
Mortgage refinance demand picked up this week, with applications for new loans up by a seasonally adjusted 4 percent over the week before, according to today's figures from the Mortgage Bankers Association (MBA).
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31 January 2013
Mortgage rates are up sharply this week, with the most popular loan types up a full tenth of a percentage point, according to the weekly Freddie Mac rate survey.
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17 January 2013
The average mortgage borrower in 2012 paid an interest rate of 3.90 percent on a 30-year loan and put up a down payment or home equity of 21 percent, according to a year-end review by mortgage software provider Ellie Mae.
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2 January 2013
Two tax protections for mortgage borrowers were extended for at least another year as part of the fiscal cliff agreement approved by Congress, while the mortgage interest deduction itself went untouched.
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