Archive for the ‘Home Mortgage’ Category

Home Loan | VA Loan Application Redesign Set To Speed Up Approval Process

Wednesday, May 23rd, 2012

VA Home Loan Centers (VAHLC), a San Diego-based organization that specializes in VA Loans and helping veterans, active-duty military and their families with home ownership, has redesigned its online application process. San Diego, CA (PRWEB) May 22, 2012 Announcing the redesign, Philip Georgiades , Chief Loan Steward of VAHLC ...

Home Loan | House Price Gains Accounts For Much Of Home Loan Growth

Wednesday, May 23rd, 2012

Runaway home price increases accounted for more than half the loan growth for owner-occupied homes over the past 17 years, a report shows.Credit Suisse banking analyst Jarrod Martin estimates that 55 per cent of the growth in owner-occupied housing credit over the period 1995–2011 - worth a total $378 billion- ...

Home Loan | Home Loan Customers Attack PTSB Mortgage Rates

Wednesday, May 23rd, 2012

A series of home loan customers attacked the fact the bank hiked standard variable rates on mortgage as the country slid into recession.Permanent TSB's rate is currently at 4.69% despite a 0.5% reduction following pressure from customers.The rates are significantly higher than many other lenders and substantially higher than tracker ...

Home Loan | Home Loan Tips For Borrowers

Wednesday, May 23rd, 2012

Bangalore: Everybody dreams of buying a house , but many do not have enough funds in the saving account to make such an expensive purchase. This leaves only one option that is asking for loan from a housing finance company. But the most important question arises ‘how to choose the ...

Mortgage | First Trust Mortgage Income Fund Declares Its Monthly Common Share Distribution Of $0.16 Per Share For June

Tuesday, May 22nd, 2012

WHEATON, Ill.--(BUSINESS WIRE)-- First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY - News ) has declared the Fund's regularly scheduled monthly common share distribution payable on June 15, 2012 to shareholders of record as of June 5, 2012. The ex-dividend date is expected to be June 1, 2012. The ...

Mortgage | Ill. County Sues Mortgage Lenders

Tuesday, May 22nd, 2012

BELLEVILLE, Ill . (AP) " A southwestern Illinois prosecutor is suing 22 local and national banks and mortgage companies for allegedly side-stepping mortgage fees related to the sales of home loans.St. Clair County State's Attorney Brendan Kelly contends the accused lenders engaged in fraud and deception by failing to ...

Mortgage | Ill. County Sues Mortgage Lenders, Claiming Fraud

Tuesday, May 22nd, 2012

BELLEVILLE, Ill. (AP) -- An Illinois prosecutor is suing 22 local and national banks and mortgage companies , accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should have been collecting. St. Clair County State's Attorney Brendan Kelly contends the ...

Mortgage Loan | Commercial/Multifamily News: Mortgage Originations Up 36 Percent

Tuesday, May 22nd, 2012

First quarter 2012 commercial and multifamily mortgage loan originations were 36 percent higher than during the same period last year and 12 percent lower than the fourth quarter of 2011, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The decrease from fourth quarter 2011 ...

Home Loan | JPMorgan’s Home-Loan Debt In Europe Increases Anxiety: Mortgages

Tuesday, May 22nd, 2012

JPMorgan Chase Co. (JPM) 's holdings ofhome-loan bonds from outside the U.S. soared 35-fold in the pastthree years. Now, with its chief investment office facingscrutiny after a $2 billion trading loss, investors are raisingconcern the European market's biggest buyer will pull back. The largest U.S. bank by assets ...

Mortgage | REPEAT-Mortgage Debt Hindering Retirement Planning: BMO Study

Tuesday, May 22nd, 2012

TORONTO, ONTARIO--(Marketwire -05/21/12)- BMO Financial Group released a study today indicating that many Canadian homeowners are feeling the pinch of balancing mortgage responsibilities with saving for retirement .The survey, conducted by Leger Marketing , found the following:"Paying off your mortgage prior to entering retirement is very important, because it will ...

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