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IMPORTANT: Bing News RSS feed has moved!The Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates for the 30 ... Read moreHSH.com Weekly Mortgage Rate Radar: Nearly Level Mortgage Rates Present OpportunityCalifornia and Nevada, two states at the heart of the nation’s housing crisis, will join forces to investigate allegations of foreclosure fraud and other types of mortgage improprieties. The agreement to share resources and work jointly is the ... Read moreCalifornia, Nevada team up to investigate foreclosure fraud... buy up pools of mortgages from banks and provide guarantees to investors in mortgage-backed securities against possible defaults, the regulations on what types of mortgages they will guarantee has a widespread effect on the market for home loans. Read moreUS lawmakers seek proof on mortgage write-down banThe Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates on both ... Read moreHSH.com Weekly Mortgage Rate Radar: Mortgage Rates Slip While Fed Holds SteadyIn November, Ally Financial announced plans to scale back its correspondent lending operations company-wide, following other U.S. banks in limiting those types of mortgage loans. In correspondent lending, banks buy loans originated by outside banks. Read moreGMAC to stop some mortgage loans in MassachusettsDC — Reforming the secondary mortgage market is essential to ensuring a reliable source of mortgage lending for consumers in all types of markets and is integral to the nation's economic and housing recovery, the National Association of ... Read moreRealtors(R) Urge Comprehensive Reform of Mortgage Finance SystemGetting a mortgage is difficult enough. Having that mortgage modified because your house has dropped in value can be a Minotaur's maze full of unscrupulous types looking to cash in on your uncertainty about the often complicated process. Read more6 Warning Signs Of A Mortgage Modification ScamIn an interview in her office in Philadelphia earlier this year, she cited three egregious types of mortgages that were being handed out at the height of the housing bubble in 2005 and 2006. One was "teaser ARMs" -- adjustable rate mortgages that might ... Read moreMajor cause of downturn: failure to help homeownersRead moreFor additional information, please see:
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