Mortgage News

Fed widely expected to cut rates by 25 basis points, but will it be enough to boost stock markets? Risk premiums in corporate lending remain very elevated - signaling potential for further difficulty Shares in consumer spending, housing, and construction remain indecisive on mixed data Click here to join DailyFX Analysts in discussing the Watch What the Fed Watches latest report.

Original post by Yahoo! News Search Results for mortgage

An increasingly competitive mortgage market, rising consumer expectations and a commitment to product innovation have led to today’s launch of the …

Original post by Yahoo! News Search Results for mortgage

SPOKANE — The former leader of bankrupt Metropolitan Mortgage & Securities Co. will pay about $151,000 to settle allegations that he masterminded fraudulent real estate deals that backfired into an accounting scandal.

Original post by Yahoo! News Search Results for mortgage

Wednesday’s stocks in the news

Original post by AnthonyK

Les Tarrance Sr., Montgomery County business owner, pled guilty to conspiracy to commit mail and wire fraud after orchestrating an elaborate scam with two co-conspirators to defraud mortgage companies across the country out of more than $11 million.  According to his plea agreement, Tarrance could avoid possible convictions for other crimes related to the scheme - including laundering of monetary instruments and aiding and abetting - and prison time, by cooperating with federal prosecutors. …

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Original post by default@goarticles.com (ROB LAWRENCE)

A refinancing wave pushed total mortgage applications higher last week on the lowest 30-year mortgage rates since early May despite a small drop in demand for loans to buy homes, an industry trade group said Wednesday.

Original post by Yahoo! News Search Results for mortgage

D’Clarence Reynolds, 27, Detroit, Michigan, has been charged with three mortgage fraud based felonies.  Specifically, Reynolds is charged with forgery, false pretenses, uttering and publishing.&nbsp According to media reports, Reynolds was dismissed from his position as a law enforcement officer with the Detroit Police Department in 2006.  Reynolds applied for a $80,000 mortgage indicating that he continued to be employed as a police officer.

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Original post by default@goarticles.com (ROB LAWRENCE)

NEW YORK (AP) - Amid a weakening housing market, JPMorgan ( Nachrichten / Aktienkurs ) Chase&Co. said Wednesday its third-quarter mortgage and home equity origination volume increased 35 percent.

Original post by Yahoo! News Search Results for mortgage

A strong GDP report helped lift equities Wednesday, though indexes see-sawed after the central bank announced a quarter-point easing

Original post by AnthonyK

Equities gyrated after the central bank anounced a quarter-point easing but remained higher on the session

Original post by AnthonyK