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Dec. 13 (Bloomberg) -- Australian home loan delinquencies fell for a second quarter as a strong jobs market boosted households’ ability to repay mortgages, Fitch Ratings said. The number of homeowners behind on mortgage payments by more than ...

Australian Home Loan Arrears Fall for Second Quarter, Fitch Says

Goal: Get second liens modified or extinguished if first liens ... Goal: Refinance 4 million to 5 million home loans with mortgages backed or owned by Fannie Mae or Freddie Mac to lower interest rates. Results: 928,570 through September.

Federal mortgage aid programs fall short

Nationally, CoreLogic says 22.1 percent of residential properties are underwater, a decline from 22.5 percent in the second quarter. Home ... loan in the event of a sudden loss of income or unexpected expense. "The nearly $700 billion mortgage ...

CoreLogic: Underwater mortgages decline in Portland, nationwide

Self-certified mortgages, which saw more than a million people receive home loans without proving their income ... TSB warned that home owners hoping to take their place on the second step of the property ladder face a 'very tough challenge'.

No more 'liar loans': Self-certified mortgages to be banned

Second, his assumptions about diminishing down payments ... It shows the percentage of home purchase mortgage loans a minimum combined loan-to-value of 97%, i.e. borrower home equity at 3% or less, that were originated by FHA and Fannie Mae.

The Big Lie About The Financial Crisis: Phony Factoid Of The Day

“You can’t really spend money on anything else.” The duplex home, which has first and second mortgages totaling $462,000, would sell for about $200,000 today, she said. Loan payments took up more than half of her monthly $5,000 ...

U.S. Mortgage Debt Falls to Five-Year Low as Wealth Effect Fades

The Federal Deposit Insurance Corp. calls it the second biggest bank failure in its ... and tribulations of Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corp.), the two federally-chartered companies ...

THE HOUSE OF CARDS STARTS TO WOBBLE

Mortgage rates have dropped each of the past five ... This will continue to be good for consumers shopping for a home or hoping to refinance their loan. The monthly payment on a $150,000 loan at 3.94 percent is $711. Compare that with $779 ...

Mortgage rates drop again; how long can they remain low?

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