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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 ...

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Late Ariz. mortgage loans may fall in '12

Mortgage loan delinquency rates are expected to continued their slow decline through 2012, while credit card delinquencies should remain at their historic lows next year, financial information and risk management firm TransUnion said.

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TransUnion: Mortgage, card delinquencies to ease

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 ...

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Share of Delinquent Commercial Mortgage-Backed Loans Declines

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.

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Thinking Deeply On Risky Lending

The U.S. Dept of Housing and Urban Development (HUD) recently released Mortgagee Letter 2011-39, which states that the current FHA lending limit of $625,500 for Home Equity Conversion Mortgages (HECMs or reverse mortgages) will continue through Dec. 31 ...

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California Mortgage Advisor Sue Drawdy Highlights FHA’s Extension of HECM Loan Limits

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 ...

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Federal mortgage complaint window now open

A year ago, the 15-year loan averaged 3.96%, Freddie Mac said. The big government-backed mortgage buyer asks lenders what rates they are offering to borrowers with good credit and 20% down payments or 20% equity if they are refinancing. 

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With mortgages at 4%, demand for home-purchase loans rises

Mortgage, auto and consumer loans were up at Bethpage Federal Credit Union in October. In the weeks leading up to Bank Transfer Day Nov. 5, the $4.2 billion Bethpage said more than $100 million was funded for mortgage loans and more than $24 ...

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Loans Soar at Bethpage FCU

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