California | Home Loan | Mortgage | Refinance

Archive for the ‘Mortgage News’ Category

Years before the housing bust — before all those home loans turned sour and millions of Americans faced foreclosure — a wealthy businessman in Florida set out to blow the whistle on the mortgage game. His name is Nye Lavalle, and he first came to …
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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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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 international and …
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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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California Attorney General Kamala Harris objects to giving banks broad releases of liability for predatory lending. At the same time, she may be locked into her predecessor’s 2008 settlement with the largest lender in the state during the …
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Feb 01 – Fitch Ratings has assigned Lowland Mortgage Backed Securities 1 B.V’s EUR3.793bn mortgage-backed notes final ratings, as follows: EUR538,600,000 floating-rate class A1 mortgage-backed notes: ‘AAAsf’; Outlook Stable EUR2,799,300,000 …
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