Commercial Mortgage Delinquencies in California Up Only Slightly (Commercial Property News) The bad news is that commercial real estate loan defaults in California have tripled since last quarter and doubled since a year ago, according to the latest quarterly report from
A rise in mortgage rates a risk to housing market (Wisconsin State Journal) The biggest risk to the Madison area's housing market would be a sharp rise in mortgage interest rates, UW- Madison real estate professor Stephen Malpezzi said Wednesday.read more...
Man pleads guilty in mortgage foreclosure scam (WHEC-TV-10) A Rochester man has admitted he took part in a plan to defraud banks through a mortgage foreclosure scam. I-Team 10 first reported on the property scheme two years ago.read
First National launches new mortgage concept First National launches new mortgage concept Canadian homeowners reduce their monthly mortgage payments TORONTO, Sept.Commentread more...
3rd Circuit: Time to Cure Mortgage Default Ends at Auction (Law.com) New Jersey homeowners facing foreclosure will have to move faster to cure a mortgage default, under a federal appeals court decision. The 3rd Circuit held that the right to cure
Mortgage applications up 1st time in 3 weeks: report (Reuters via Yahoo! News) U.S. mortgage applications rose for the first time in three weeks as interest rates edged lower, an industry group said on Wednesday.read more...
Mortgage rates edged lower for the second straight week this week, but Freddie Mac says it doesn’t indicate a trend.
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