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A credit-tracking firm predicts mortgage delinquencies will fall more sharply in Arizona next year than in any other state. Credit bureau TransUnion expects the proportion of past-due Arizona home loans will drop nearly in half by the end of ...

Late Ariz. mortgage loans may fall in '12

The U.S. government in October announced a series of changes to the Home Affordable Refinance Program to make it easier for homeowners to refinance their mortgage loans, which was considered a move to stimulate mortgage refinance activities. The survey ...

U.S. mortgage applications rise amid lower rates

The share of delinquent commercial mortgages that were bundled together and sold as securities declined modestly during the third quarter for the first time since the property downturn began four years ago, according to a survey released Tuesday ...

Share of Delinquent Commercial Mortgage-Backed Loans Declines

On Friday, GMAC Mortgage, the mortgage origination and servicing operation of Ally Financial Inc., announced that it would stop purchasing mortgage loans from the third party in Massachusetts. However, the company would honor all its contractual ...

GMAC Exits Mortgage Loans

Mortgages for buildings with five or more apartments generally fall in the nonconforming-loans category, and may even be considered a commercial mortgage. The lender will be evaluating these rental properties as if they constituted a small ...

Loans for Multifamily Homes

Even if your credit is not in order, you can still get your dream home with ease by looking for lenders to offer you bad credit mortgage loans guaranteed approval. One quick way of locating lenders who offer these loans is to carry out a quick search ...

Bad Credit Mortgage Loans Guaranteed Approval with Some Good Rates Lenders

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 Group currently includes ...

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

One of the most pernicious practices in which the nation’ biggest banks engaged during the lead up to the financial crisis was pushing minority borrowers into subprime loans, even when many of them qualified for prime loans. Wells Fargo had ...

Former Chase Banker Admits His Bank Pushed Minorities Into Subprime Mortgage Loans

Happy holidays struggling homeowners! Fannie Mae, Freddie Mac and several large mortgage lenders have pledged not to foreclose on delinquent borrowers during the Christmas season. For homeowners with loans through Fannie Mae and Freddie Mac, the moratorium ...

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