Mortgage refinance applications fall back to earth
When homeowners prepay, investors lose a high-yielding asset and reinvest the proceeds in a lower-rate investment. This means lower returns going forward.
Mortgage debt forgiveness still a taxing issue for many short sellers
Although most real estate markets have rebounded from their recession lows, this harsh fact remains: About 7 million homeowners continue to be stuck in the tar pit of serious negative equity, with mortgage debt at least 25% higher than the value of their property, according to research firm…
Mortgage hunters can’t get comfy with homebuyer-friendly rates – Sun, 15 Mar 2015 PST
Mortgage interest rates have hovered near historic lows in recent years, but change may be on the horizon. The Federal Reserve is considering increasing the short-term interest rate it controls …
How to get a mortgage that's right for you
Property values are rising in many parts of the country, and prime home-shopping season is approaching. Some buyers are rushing to get mortgages before the Federal Reserve raises interest rates, which could happen in the coming months.
Hunt Mortgage Group Finances Acquisition of Medical Office Property in Winter Haven, Florida
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $6.63 million first mortgage loan to finance the acquisition of a medical office property located in Winter …
Nomura, RBS face U.S. mortgage trial; $1 billion damages at stake
By Nate Raymond NEW YORK (Reuters) – A U.S. housing regulator is set to take two of the world's biggest banks to trial on Monday to try and recoup more than $1 billion in damages over mortgage bonds sold to government-run mortgage finance companies ahead of the 2008 economic crisis. Lawyers for the regulator will face off with attorneys of Nomura Holdings Inc and Royal Bank of Scotland …
Owens Realty Mortgage Announces 2015 Annual Meeting of Stockholders
WALNUT CREEK, Calif. — via PRWEB – Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today the Board of Directors set April 16, 2015 as the record date for the Company's 2015 Annual Meeting of Stockholders. …
AG Mortgage Investment Trust, Inc. Announces First Quarter 2015 Common Dividend of $0.60 Per Share
AG Mortgage Investment Trust, Inc. announced today that its Board of Directors has declared a dividend of $0.60 per common share for the first quarter of 2015.
US Mortgage Applications Dip, Housing Market Seeks Revival
Mortgage applications really dove during the fourth quarter last year. They recovered a little in January, but fell again in February 2015.
Freddie Mac: Mortgage rates rise on job report; 30-year averages 3.86%
Mortgage rates jumped this week following a strong jobs report, with Freddie Mac reporting that lenders were offering conventional 30-year home loans at an average of 3.86%, up from 3.75% a week ago,