2nd mortgage lenders
- N.J. foreclosure inventory spikes; 2nd most in nation
Asbury Park Press
New Jersey's percentage of home mortgage loans in foreclosure continues to rise, even as rates nationally have fallen to the lowest level since 2008, a report released Wednesday showed. New Jersey now has the second-highest percentage of mortgage loans ...and more » - Clarifying HARP 2.0 Myths
FreeRateUpdate.com
There is a similar issue for those who have second mortgages or equity loans where a subordination is required. Most second mortgage lenders are now issuing subordinations when it comes to HARP mortgages. In many circumstances, debt to income ratios ...and more » - My Refi's a HELOC. Anything Wrong With That?
Fox Business
Does this type of loan cost more in the long run? Can I still get another home equity line of credit or second mortgage, if necessary? Home equity lines of credit, or HELOCs, and home equity loans are secured by the property. - Consumer Credit Default Rates Decreased Further In April 2012 According To The ...
Daily Markets
The first mortgage default rate decreased from March's 1.88% to April's 1.76%. The second mortgage default rate also declined from 1.03% in March to 0.93% in April. Auto loans default rate hit its lowest in its eight year history — 1.07% in April down ...and more » - Consumer Credit Default Rates Decreased Further in April 2012 According to the ...
MarketWatch (press release)
The first mortgage default rate decreased from March's 1.88% to April's 1.76%. The second mortgage default rate also declined from 1.03% in March to 0.93% in April. Auto loans default rate hit its lowest in its eight year history -- 1.07% in April down ...and more » - Senator Menendez Wants Refinancing Changes for Homeowners
New Jersey 101.5 FM Radio
He notes the bill would be a “win-win-win” since it would allow homeowners to refinance at low rates, while giving new rates for mortgage lenders, and strengthening communities and ultimately the economy. “If I was patching up that roof that's been ...and more » - Real Estate Agent Indicted in 2nd Mortgage Fraud Case
Mortgage Daily
The most recent indictment, filed Wednesday in federal court, charges 43-year-old Jared M. Rothenberger with conspiring to defraud mortgage lenders by finding straw buyers to apply for loans to buy Chateau Ridge units and arranging kickbacks for buyers ...and more » - Man Accused in Cloud 9 Mortgage Fraud Indicted in 2nd Scheme
Twin Cities Business Magazine (blog)
Jared Mitchell Rothenberger, 43, of Minneapolis, was charged Wednesday in federal court and accused of defrauding mortgage lenders out of millions of dollars in connection with the Chateau Ridge condo development in Burnsville.and more » - 2nd Week in a Row Fixed Mortgage Rates Are At Record Lows
LoanSafe
(Source: Freddie Mac) - MCLEAN, Va., May 10, 2012 — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting new all-time record lows for the second consecutive week ...and more » - Prelude to HARP 3.0 as Donovan Testifies at Senate Hearing
Mortgage News Daily
While this program would be run through the FHA it would be financed outside of FHA mortgage insurance fund. The second proposal, sponsored by Senator Menendez, would allow HUD to clear the remaining carriers to refinancing GSE-insured loans.and more »
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