The North Carolina Commissioner of Banks is going forward with with a cease and desist order against a mortgage company in Florida, saying the home lender has failed to cooperate with a North Carolina audit, the TBJ reports.
Published News
NC Lender To Florida Lender: Stop Lending (MyNC.com)
Posted by mortgage 387 days ago (Editorial)Time to refinance ARM? (Bankrate.com)
Posted by mortgage 387 days ago (Editorial)
Dear Dr. Don, I am in the fortunate position to have my mortgage as my only debt. I am religious about maxing out my Roth IRA every year, and since I am a firefighter, I also have a pension. I also am able to put extra money into savings.
Time to refinance ARM? (Bankrate.com via Yahoo! Finance)
Posted by mortgage 387 days ago (Editorial)
A homeowner planning to move in a few years likely can handle the possibility of rising LIBOR rates.
Why credit counselling usually fails (MSN Money Canada)
Posted by mortgage 387 days ago (Editorial)
Could a debt-management plan get your finances back on track? It works for some. But if you're struggling, it shouldn't be the only option you consider.
U.S. MBA Mortgage Applications Index Fell 3.5 Percent Last Week (Bloomberg)
Posted by mortgage 387 days ago (Editorial)
Aug. 12 (Bloomberg) -- Mortgage applications in the U.S. fell last week as a jump in borrowing costs slowed refinancing. The Mortgage Bankers Association?s index of applications to purchase a home or refinance a loan decreased 3.5 percent to 499 in the week ended Aug. 7, from 517.3 in the prior week.
Family losing home for underpaying mortgage by 7 cents (USA Today)
Posted by mortgage 387 days ago (Editorial)
A Michigan family with an apparently spotty payment history is losing its home because it underpaid its mortgage by 7 cents, according to a legal aid group. Sydney Rooks, a lawyer for Legal Services of Eastern Michigan, tells the Detroit Free Press that Creg and Bonnie Berger of Deckerville inadvertently underpaid their mortgage because a postal clerk issued a money order for $440 rather than ...
What New Mortgage Lending Rules Mean to Home Buyers (PRWeb via Yahoo! News)
Posted by mortgage 387 days ago (Editorial)
Fannie, Freddie rules & fees make it harder to overdo mortgage debt
Fed Adjusts Fee Trigger For Home Mortgage Loan Rules (Nasdaq)
Posted by mortgage 387 days ago (Editorial)
WASHINGTON -(Dow Jones)- The Federal Reserve has adjusted the sum that triggers disclosure requirements under a law regulating home mortgage loans. The Fed on Monday said the trigger has been adjusted to $579 for 2010, based on the Consumer Price Index in effect June 1, 2009.
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