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WASHINGTON — Got a beef with your mortgage lender? Is your bank unresponsive when you complain that your escrow account is fouled up and making your monthly payments needlessly high? Did your loan officer bait-and-switch you into a more costly home loan ...

Federal mortgage complaint window now open

Many companies that collect mortgage payments hire outside firms to train employees and develop scripts for them to use when talking to borrowers. But Ocwen Financial Corp., which specializes in risky loans, has its own team of social psychologists.

Thinking Deeply On Risky Lending

WASHINGTON - 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 the 30-year home ...

Fixed mortgage rates hover near lows for 6th week

Dec. 8 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc., one of the largest creditors of government-owned Ally Financial Inc., may wind up playing a central role in the restructuring of its Residential Capital LLC mortgage unit.

Berkshire’s Bond Holdings May Give Buffett Role in ResCap Plan

CARLSBAD, CA — Aramco Mortgage, California's mortgage specialists and a leading mortgage brokerage based in Carlsbad, California, announced that it has formed The Aramco Group, a collection of consumer real estate financing companies. The ...

Aramco Mortgage Forms The Aramco Group to Maximize Real Estate Financing Options for San Diego Area Homeowners

Mortgage banks made an average profit of $1,263 on each loan they originated in the third quarter of 2011, up from $575 per loan in the second quarter of 2011 and $346 per loan in the first quarter, according to the Mortgage Bankers Association ...

Mortgage Banks' Origination Profits Soar 377 Percent

Dec. 8 (Bloomberg) -- U.S. mortgage debt, a driver of consumer spending during the real estate boom, dropped to the lowest level in almost five years in the third quarter as foreclosures wipe out home loans and housing purchases fall. The volume ...

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

TULSA, Okla.--(BUSINESS WIRE)-- BOK Financial Mortgage Group announces it is now accepting applications for the recently extended Home Affordable Refinance Program (HARP) offered through the Federal Housing Finance Agency (FHFA) with Freddie Mac ...

BOK Financial Mortgage Group Accepts HARP II Mortgage Program Applications

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