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5 states rush plans for $1.5B in housing funds – San Jose Mercury News

Sun, 14 Mar 2010 16:27:42 +0000

TopNews United Kingdom (blog) 5 states rush plans for $1.5B in housing funds San Jose Mercury News They also could help those unable to refinance because plunging home values have left them “underwater,” or give relief from second mortgage payments. … Paying homeowners to leave Omaha World-Herald Borrowers under foreclosure prevention plan losing mortgage aid TopNews United Kingdom (blog) Obama Refinance Plan – Mortgage Relief and Avoiding Foreclosure Today Subprime Blogger (blog) Jr Deputy Accountant (blog)

Mortgage bond money in demand – TMCnet

Sun, 14 Mar 2010 12:27:10 +0000

Mortgage bond money in demand TMCnet At the end of last week, $11 million of the mortgage money was still available, according to the El Paso Housing Fiance Corp., an independent agency created … and more

Underwater homeowners leave behind mortgages, but lenders can still come calling – Las Vegas Review – Journal

Sun, 14 Mar 2010 10:12:48 +0000

ABC News Underwater homeowners leave behind mortgages, but lenders can still come calling Las Vegas Review – Journal They haven't paid their $2400 monthly mortgage payment since October after failing to get a loan modification. Both have taken cuts in income. … Borrowers in foreclosure prevention plan losing mortgage aid Washington Post Realities of Real Estate: Federal homeowner assistance programs Annapolis Capital Bank of America Making Progress with Home Affordable Modifications MyBankTracker.com HULIQ

More consumers pay credit card, but not mortgage (The Scranton Times-Tribune)

Sun, 14 Mar 2010 08:19:21 +0000

U.S.

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More consumers pay credit card, but not mortgage (The Scranton Times-Tribune)

Goverment mortgage plan aids 16 percent of borrowers (Eaton Rapids Community News)

Sun, 14 Mar 2010 08:06:46 +0000

WASHINGTON — The Obama administration’s mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, and hundreds of thousands of homeowners are in limbo without an answer.

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Goverment mortgage plan aids 16 percent of borrowers (Eaton Rapids Community News)

HUD assistant secretary says agency won’t raise FHA borrowing score – Denver Post

Sun, 14 Mar 2010 08:02:16 +0000

eCreditDaily.com HUD assistant secretary says agency won't raise FHA borrowing score Denver Post Stevens, who last month addressed a group of Colorado mortgage brokers, said the agency faces ongoing pressure to raise the minimum FICO score for FHA … Mortgage Q&A: FHA loans attractive for some Washington Times Industry Urges House Lawmakers to Reform FHA Housing Wire » FHA 203k Mortgage Loan Mortgage Rates & Trends (blog) The Associated Press

GMAC’s mortgage arm will be tough to unload (Detroit Free Press)

Sun, 14 Mar 2010 07:30:46 +0000

ResCap, the mortgage lending subsidiary of GMAC, “has been a millstone around the company’s neck” in the words of GMAC Chief Executive Michael Carpenter. But disposing of ResCap without crippling GMAC’s automotive lending business or adding to GMAC’s $17.2-billion debt to the U.S.

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GMAC’s mortgage arm will be tough to unload (Detroit Free Press)

Will mortgage rates rise? Fed action only part of the picture (Everett Herald)

Sun, 14 Mar 2010 07:18:14 +0000

Question: We have been hearing that mortgage rates will go up after March 31st because the Federal Reserve will stop buying mortgage bonds. Is this true? How does that work?

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Will mortgage rates rise? Fed action only part of the picture (Everett Herald)

Will mortgage rates rise? Fed action only part of the picture – HeraldNet

Sun, 14 Mar 2010 07:10:16 +0000

Will mortgage rates rise?

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Will mortgage rates rise? Fed action only part of the picture – HeraldNet

Ten Facts about Mortgage Debt Forgiveness – eMilitary.org

Sun, 14 Mar 2010 05:40:10 +0000

Ten Facts about Mortgage Debt Forgiveness eMilitary.org If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt … and more