Archive for the ‘Home Mortgage’ Category
Wednesday, February 8th, 2012
SEATTLE--(BUSINESS WIRE)-- HomeStreet Bank, a subsidiary of HomeStreet, Inc., has hired a substantial majority of the loan production personnel based in Washington, Oregon and Idaho from MetLife Home Loans, whose parent company, MetLife, Inc., announced on January 10, 2012 that it would no longer originate forward mortgages. The Bank is ...
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Wednesday, February 8th, 2012
The Government has concluded the first transaction under the new mortgage-to-rent scheme.The transaction will see a housing association take over a home owned by a family who were facing repossession by a bank. The family will now rent the home from the approved housing body Cluid. It is understood the ...
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Wednesday, February 8th, 2012
The core banks involved in the talks are the largest mortgage servicers -- Bank of America Corp, JPMorgan Chase Co, Wells Fargo Co, Citigroup Inc and Ally Financial Inc. The U.S. Justice Department has also started to reach out to smaller regional banks about their inclusion in the ...
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Wednesday, February 8th, 2012
Feb. 7 (Bloomberg) -- California, New York, Nevada, Florida and Massachusetts are among the handful of states that haven’t signed a deal with banks over foreclosure abuses, according to state officials and two people familiar with the talks. The holdouts include some with the highest rates of foreclosures. More than ...
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Wednesday, February 8th, 2012
SEATTLE, Feb. 7, 2012 (GLOBE NEWSWIRE) -- The 30-year fixed mortgage rate on Zillow (R) Mortgage Marketplace is currently 3.66 percent, down six basis points from 3.72 percent at this same time last week. This represents the lowest rate reported since Zillow Mortgage Marketplace launched in April 2008. The previous ...
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Wednesday, February 8th, 2012
As the clock ticks down on year-longnegotiations on a sweepingmortgage relief settlement, the architects of the joint state-federal plan believeit would be better for homeowners to get a partial dealthan nothing at all, according to sources close to the talks.Facing a Monday deadline, attorneys general in all 50 states weighed ...
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Wednesday, February 8th, 2012
The core banks involved in the talks are the largest mortgage servicers -- Bank of America Corp, JPMorgan Chase Co, Wells Fargo Co, Citigroup Inc and Ally Financial Inc. The U.S. Justice Department has also started to reach out to smaller regional banks about their inclusion in the ...
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Wednesday, February 8th, 2012
California Attorney General Kamala Harris, whose participation would grow the size of the settlement by some $6 billion to $8 billion, was not expected to issue any statement on Monday, a person familiar with the matter said.On Friday, Harris told Reuters she was "less concerned with the timeline than ...
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Wednesday, February 8th, 2012
After more than a year of wrangling over various mortgage relief proposals, influential state leaders seem close to adopting a plan that Pres. Obama announced Feb. 1 . Attorney General Eric T. Schneiderman of New York and California's attorney general, Kamala Harris have indicated they are closer to agreement ...
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Wednesday, February 8th, 2012
Stop me if you've heard this one before: Politically ambitious state attorneys general target an unpopular industry with lawsuits based on creative legal theories that would stand a tough time in court. Their sheer legal might brings the other side to the negotiating table. Talks grind on. Finally a grand ...
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