Helpfulinvesting.com » mortgage

Mortgage Rates Continue Trend of Record-Breaking Lows

Marcus — Mon, 16 Jan 2012 13:40:00 +0000

Freddie Mac recently released the results of its Primary Mortgage Market Survey®, showing mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed…

RISMedia » Today’s Top Story susanne

TransUnion: Mortgage Delinquencies Plummeted in Second Quarter

Marcus — Sun, 04 Sep 2011 09:40:03 +0000

The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) decreased for the sixth consecutive quarter, dropping to 5.82 percent at the end of the second quarter in 2011 according to a quarterly analysis of…

RISMedia » Today’s Top Story susanne

REALTORS® to Regulators: Narrow QRM Definition Not Necessary to Assure Safe, Sound Mortgage Lending

Marcus — Sun, 07 Aug 2011 09:42:47 +0000

RISMEDIA, August 3, 2011—A proposed rule by federal regulators to impose a minimum 20 percent down payment, stringent debt-to-income ratio requirements and rigid credit standards will deny millions of Americans access to safe, low-cost mortgages, according to the National Association…

RISMedia » Today’s Top Story susanne

Mortgage Servicing Litigation Sees Rapid Jump

Marcus — Tue, 28 Jun 2011 11:45:07 +0000

Mortgage servicing litigation has skyrocketed 88% in the 2011 first quarter. These figures were released last week in a report by MortgageDaily.com and law firm Patton Boggs LLP. Reasons given include all the robo-signing scandal uncovered last fall

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Mortgage Insurance Cancellation: The Myths and Realities

Marcus — Fri, 03 Jun 2011 01:41:13 +0000

RISMedia, June 3, 2011—When it comes to private mortgage insurance (MI), there are several myths that exist that make buyers reluctant to consider a conventional loan with MI as an option when purchasing a home. One of the more common…

RISMedia » Today’s Top Story susanne

Revitalizing the Private Mortgage Market: ‘Skin in the Game’ and the Consequences for Future Homebuyers

Marcus — Sun, 29 May 2011 09:40:25 +0000

RISMEDIA, May 25, 2011—By mid-May, the spring home-selling season is usually in full swing. Homes look their best, and buyers rush to lock in deals so they can relocate in the summer. But this year, things are not so good.…

RISMedia » Today’s Top Story susanne

Why Do We Care What Mortgage Servicers Want in Settlement Talks?

Marcus — Fri, 13 May 2011 17:48:35 +0000

Okay, I’m baffled here, so perhaps some of our savvy, industry veteran readers can help out by posting a comment or two. The settlement talks I refer to in the title are, of course, all stemming from that messy robo-signing scandal. Every state att

Short Sale Daily News » Short Sale Daily News amy

Mortgage Servicers Perform 210K Internal Loan Mods in 1st Quarter

Marcus — Tue, 03 May 2011 23:46:42 +0000

According to statistics released by HOPE NOW, some 210,000 proprietory loan modifications outside of HAMP were completed by mortgage servicers in the 2011 first quarter. That’s down almost 20% from the previous quarter. HOPE NOW’s data also in

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Trusted Name, New Approach – Citi Puts a Fresh Spin on Mortgage Relationships

Marcus — Wed, 20 Apr 2011 21:45:12 +0000

RISMEDIA, April 20, 2011—Welcoming a brand new player to the real estate playing field is always big news. New perspective, new ideas, new potential on the horizon. However, with almost 200 years of history, and doing business today in more…

RISMedia » Today’s Top Story beth

Will Fannie and Freddie Create New Fee Structure for Mortgage Servicers?

Marcus — Thu, 20 Jan 2011 11:47:49 +0000

Mortgage servicers currently get a minimum servicing fee as part of the mortgage rate. The Federal Housing Finance Agency (FHFA) believes this is not “optimal” for getting the best work possible on nonperforming mortgages. FHFA thinks both the bo

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