California | Home Loan | Mortgage | Refinance

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 …
Go to Source

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 …
Go to Source

Mortgage brokers are taking a wait, watch and worry approach to news that CIBC’s wholesale mortgage arm, FirstLine, is no longer accepting new applications from so-called “stated-income” homebuyers. If other banks and mortgage lenders follow suit, it …
Go to Source

Investors are rediscovering yield in Denmark as mortgage bond issuance crowds out the government’s plan for an early surge in debt sales. Bond investors are searching for ways to boost returns after demand for the AAA nation’s bonds sent …
Go to Source

It’s going to be tougher for the self employed, new immigrants and higher-risk borrowers to get a mortgage as concerns continue to mount over the state of Canada’s housing market. CIBC’s wholesale mortgage arm, FirstLine, quietly announced Tuesday …
Go to Source

COLUMBUS, Ohio, Jan 30, 2012 (BUSINESS WIRE) — Barry Habib has returned to the mortgage industry as the chief market strategist for Residential Finance Corp. (RFC), a Columbus, Ohio-based lender. Habib, an American entrepreneur who created the …
Go to Source

As the Obama administration, state attorneys general and the nation’s biggest banks close in on a settlement over allegations of widespread mortgage fraud, Nevada’s attorney general is pushing back with concerns and questions. Meanwhile a Feb. 3 …
Go to Source