Pending Home Sales Hit Low in February

By Alan Zibel, AP Business Writer New Low for Pending Home Sales in February Is Latest Sign of a Still-Tumbling Housing Market WASHINGTON (AP) -- Homeowners and investors hunting for any indication that the housing market has ... More... (Mortgage News, Real Estate News)
Add a Comment , April 8th, 2008

Real Estate Search Engine Zillow Opens “Mortgage Marketplace”

Zillow doesn't see itself as a real estate "vertical." Instead it regards itself as a media company that creates advertising opportunities around what is arguably the most significant "life events" purchase: buying a home. In that ... More... (Mortgage News, Real Estate News)
Add a Comment , April 3rd, 2008

Investor News: Profits, Fight Over Home Auctions

Irvine-based National Home Auction Corp., an upstart foreclosure auction company, helped sell more than $40 million of bank-owned homes in a single day earlier this month. Not a bad day’s work for a company that’s been ... More... (Investments, Mortgage News, Real Estate News)
Add a Comment , , March 22nd, 2008

Meet your new banker: Uncle Sam

Some say this year's financial sector upheaval could leave the feds buying stocks and bonds. NEW YORK (Fortune) -- With a vicious storm pelting the markets, Treasury Secretary Henry Paulson is urging bankers to batten down ... More... (Mortgage News)
Add a Comment March 14th, 2008

Foreclosures jump 60% in February

NEW YORK - US home foreclosure filings jumped 60 percent and bank seizures more than doubled in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance amid falling ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , March 14th, 2008

Mortgage mess socks ex-Goldman Sachs stars

A smart bet on the collapse of the subprime housing market comes back to bite Geoff Grant and Ron Beller. NEW YORK (Fortune) -- Not long ago, Goldman Sachs alums Geoff Grant and Ron ... More... (Mortgage News)
Add a Comment , , , March 1st, 2008

Mortgage Application Volume Falls 19.2%

WASHINGTON -- Mortgage application volume tumbled 19.2% during the week ended Feb. 22, according to the Mortgage Bankers Association's weekly application survey. The MBA's application index fell to 665.1 from 822.8 the previous week. It was ... More... (Mortgage News)
Add a Comment , , March 1st, 2008

Treasury studying home refinance plan

WASHINGTON (Reuters) - The U.S. Treasury Department is studying a new regulatory proposal aimed at prodding servicers to help homeowners facing foreclosure to refinance their mortgages, the department's undersecretary, Bob Steel, said on Thursday. The program ... More... (Mortgage Education, Mortgage News)
Add a Comment , , February 21st, 2008

Mortgage servicers seen facing cultural change

NEW YORK (Reuters) - Mortgage servicers, who are on the front lines working with troubled homeowners facing foreclosure, are going through a major change in their business model, the executive director of the Hope Now ... More... (Mortgage News)
Add a Comment , , February 21st, 2008

How To Survive Mortgage Payment Shock

You can't argue with the facts. Around 1.4 million of us have a fixed rate mortgage deal coming to an end this year. No question about that. But the more debatable issue is whether our ... More... (Mortgage Education, Mortgage News)
Add a Comment , February 21st, 2008