Ray of hope for homeowners as mortgage outlook improves (The Herald)
Falling mortgage rates and the launch of a new lending venture brought a glimmer of hope to hard-pressed borrowers this week.
read more…
Mortgage brokers, real estate agents say interest rate drop is spurring activity (Contra Costa Times) n Mortgage brokers, real estate agents say interest rate drop spurring activityread more...
Yorkshire Building Society to launch into 115 per cent mortgage market (Money Marketing Online) Yorkshire Building Society is expected to announce details of the launch of a 115 per cent mortgage product aimed at first-time buyers next week.read more...
Fed Takes Aim at Deceptive Home Lending Practices The Federal Reserve proposed new regulations yesterday to clean up a broad array of deceptive mortgage lending practices, a move that represents the central bank's most significant response to
JPMorgan expanding mortgage-modification program (Washington Post) NEW YORK -- JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help
HOUSTON MORTGAGE MONITOR (Houston Chronicle) read more...
Toughen Up on Mortgage Giants Federal Reserve Chairman Ben Bernanke urged Congress on Tuesday to bolster regulation of mortgage giants Fannie Mae and Freddie Mac, and suggested limiting their massive holdings to guard against any