2nd mortgages
Bellingham HeraldAlbers Mill on Tacoma's Foss Waterway has a new owner
Bellingham Herald
Albers Mill, the 1904 grain mill renovated a decade ago into loft apartments and retail space, was foreclosed on in April for $1.4 million to satisfy a second mortgage on the property. GMAB LLC, the mortgage holder and now new owner of Albers, ...and more » - Fewer new mortgage problems in Maryland, more older ones
Baltimore Sun
... of borrowers in the foreclosure process, awaiting auction, and second-highest percentage of borrowers not yet in foreclosure but at least 90 days behind on payments. That's as of March, the newest figures from the Mortgage Bankers Association.and more » - New Jersey foreclosure inventory growing
Asbury Park Press (blog)
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 percent of mortgage loans in ...and more » 
Mortgage DailyForeclosures Fall to Lowest Level in Over 4 Years
Mortgage Daily
By MortgageDaily.com staff The number of new foreclosure filings fell below 200000 for only the second time in more than four years. California was responsible for more than half of the latest improvement. Meanwhile, Boston saw a major increase in new ...and more » - Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...and more » 
Thomson Reuters News & InsightNew York lawyer suspended for failing to stop mortgage fraud
Thomson Reuters News & Insight
NEW YORK, May 16 (Reuters) - A New York lawyer has received a four-year suspension for failing to detect and stop what a federal judge has called "one of the largest mortgage-origination frauds on record." The Appellate Division, Second Department, ...- AIG Wagers on Subprime Betting Second Time Different: Mortgages
San Francisco Chronicle
May 16 (Bloomberg) -- American International Group Inc., the insurer that needed a $182.3 billion bailout from the US government in 2008 after failed mortgage investments, is betting this time it's different. Chief Executive Officer Robert Benmosche ...and more » - Barclays Sued by DZ Bank Over Mortgage-Backed Securities
Bloomberg
Barclays Plc (BARC), the UK's second- biggest bank by assets, was sued by DZ Bank AG in New York state court over $133.3 million in residential mortgage-backed securities. DZ Bank, Germany's largest cooperative lender, sued London- based Barclays in ...and more » - Bank of America institutes a hike in troubled homeowners' relocation aid
China Post
(BofA) said on Tuesday it had launched a nationwide program that offers increased relocation payments to delinquent mortgage customers who complete qualifying short sales. The second-largest US bank said the program, tested in Florida last year, ...and more » - Second charge repossessions have dipped
Stop-Repossessions.co.uk
According to new figures released by the Finance and Leasing Association (FLA), possession orders made by second-charge mortgage providers tumbled by 19.5 per cent over this time. It was shown this number stood at 157 for the first three months of this ...and more »
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