South Carolina | Home Loan | Mortgage | Refinance

Archive for the ‘Mortgage News’ Category

As states gear up to finalize a national mortgage servicing settlement, some are looking to avoid the painful lessons of a 2008 mortgage deal that failed to deliver the help promised to desperate homeowners. Nearly four years ago, 11 states …
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Banks have been responding to unrelenting low interest rates by snapping up billions of dollars of bundled mortgage products that resemble the sliced-and-diced debt some blame for the financial crisis. The products are known as “collateralised mortgage …
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Wifredo A. Ferrer, United States Attorney for the Southern District of Florida; John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office; and James K. Loftus, Director, Miami-Dade Police Department (MDPD); along …
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Attorney General Eric T. Schneiderman of New York sued three major banks on Friday, accusing them of fraud in their use of an electronic mortgage database that he said resulted in deceptive and illegal practices, including false documents in …
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The Canadian mortgage industry has long been lauded for its stable lending criteria and ability to hold the fort during the worldwide recession. Through the wonderful blue sky of 2.99-per-cent 5-year fixed money, however, is a storm of …
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The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac said …
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Mortgage rates plummeted this week, reaching record lows, as the Obama administration makes another attempt to help underwater homeowners refinance their mortgages to take advantage of the superlow rates. 30 year fixed rate mortgage – 3 month trend The …
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