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--Ally Financial's GMAC Mortgage to stop correspondent, wholesale mortgage lending in Massachusetts --Decision comes day after Massachusetts sued Ally, others, over foreclosure procedures --Ally cites "recent developments" that have made ...

2nd UPDATE: GMAC Mortgage, Massachusetts Ratchet Up Mortgage Fight

NEW YORK (AP) -- Shares of H&R Block Inc. dropped in Friday trading after concerns over its shuttered subprime mortgage business resurfaced with the company's fiscal second-quarter financial results. THE SPARK: Late Thursday, the nation's ...

H&R Block shares sink on mortgage unit worries

BIRMINGHAM, 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 hold a mortgage help event at the Jefferson County Committee for Economic Opportunity from 8:30 a.m ...

Mortgage Help Event Scheduled For December 2nd/3rd

The 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 lender Countrywide Financial Corp ...

Appeal sped up over BofA $8.5 bln MBS accord

We also know that financial apocalypse involved AIG, Lehman Brothers, Goldman Sachs, Deutsche Bank, 2nd lien mortgages, credit default swaps and CDOs, all of which had nothing to do with Fannie and Freddie. We also know that losses from private ...

Gretchen Morgenson's Defenders Promote The Big Lie About The Financial Crisis

WASHINGTON — The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac says the rate on the 30-year fixed ...

Average rate on 30-year fixed home loan dips below 4 percent for 2nd time in 3 weeks

This level of affordability likely contributed to the rise in conventional mortgage applications for home purchases over the week of December 2nd to the most in nearly a year." Get the latest information from Freddie Mac's Office of the Chief ...

Mortgage Rates Stay Low Helping to Keep Housing Affordability High

The regulator also released lengthy "engagement letters" outlining agreements with the consulting firms and the 12 national bank and thrift mortgage servicers regulated by the OCC. The Federal Reserve, which oversees two other mortgage servicers ...

2nd UPDATE: Names Of Consultants In Foreclosure Probe Disclosed

WASHINGTON (AP) — The average rate on the 30-year fixed mortgage hovered above its record low for a sixth straight week. But the super-low rates aren't providing a lift to the struggling housing market. Freddie Mac said Thursday the rate on ...

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