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IMPORTANT: Bing News RSS feed has moved!NEW YORK (AP) -- A spike in claims related to bad loans written by its now-shuttered subprime mortgage unit shouldn't create any new liability for H&R Block Inc., company executives said Thursday after releasing results that showed a wider loss ... Read moreH&R Block 2Q loss widens; mortgage claims spikeaccording to the Mortgage Bankers Association. High unemployment and scant wage gains have made it harder for many people to qualify for loans. Many Americans don't want to sink money into a home that could lose value over the next three to four years. Read moreAverage rate on 30-year fixed home loan again falls below 4 percent, near record lowBut cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac says the rate on the 30-year fixed loan fell to 3.98 percent from 4 percent the previous week. Seven weeks ago, it dropped to a record low of 3.94 percent ... Read moreAverage rate on 30-year fixed home loan dips below 4 percent for 2nd time in 3 weeksThe decision by the 2nd U.S. Circuit Court of Appeals in New York could help Bank of America, which intended the accord to address much of its remaining legal liability from its 2008 purchase of the mortgage ... by risky home loans that were ... Read moreAppeal sped up over BofA $8.5 bln MBS accordaccording to the Mortgage Bankers Association. High unemployment and scant wage gains have made it harder for many people to qualify for loans. Many Americans don't want to sink money into a home that could lose value over the next three to four years. Read moreRate on 30-year fixed mortgage hovers at 4 pct.After cutting its target interest rate for overnight loans between banks to a range of zero ... N/A 1st half 2012 HSBC Mortgages N/A Q1 2012 Jefferies Mortgages $500 billion 2nd half 2012 JPMorgan Chase None Mizuho Mort/Tsys $800 billion 1st ... Read moreBond Dealers See Fed Buying $545 Billion of Home-Loan Debt in Third EasingBIRMINGHAM, AL -- If you need help with your mortgage---a perfect opportunity is waiting for you the weekend of December 2nd and 3rd. Bank of America will ... mortgage counselors and review options for loan modifications or alternatives to foreclosure. Read moreMortgage Help Event Scheduled For December 2nd/3rdThe decision to remove the case to U.S. District Court for the Southern District of New York is on appeal to the U.S. Court of Appeals for the 2nd Circuit ... Home Loans for breaching the agreements governing two mortgage-backed securities ... Read moreBofA lawyer says settlement challenger is BaupostThat is incorrect when it comes to Canadian banks, which are a world apart from their 2nd cousins elsewhere ... In Canada, almost all home loans are full-recourse mortgages. If you default, the bank can go after your other assets. Read moreFor additional information, please see:
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