Mortgage Refinance News and Information

Indians swipe cards, and consumer debt ticks upReuters - USABy Alistair Scrutton and Surojit Gupta NOIDA, India, July 19 (Reuters Life!) - Great India Place, one of India's biggest shopping malls, ...
Banks to combat 'card slave' overspendingChina Post - Taipei,TaiwanThis will be among a series of measures to be adopted when the Consumer Debt Clearance Act, already ratified by the Legislative Yuan, takes effect on April ...
Don't be mastered by BART fare cardThe Argus - Fremont,CA,USA"In a country struggling with consumer debt, is that something BART ought to be doing, providing credit cards?" The cards are part of a larger program of ...
Subprime reforms on table: Senate passage expected todayBoston Herald - United StatesDeval Patrick, Boston Mayor Thomas M. Menino and others have pushed for, would take steps including: making mortgage fraud a felony punishable by up to five ...
MLP, Interhyp to launch residential mortgage joint ventureForbes - NY,USAMUNICH (Thomson Financial) - MLP AG and mortgage broker Interhyp AG will launch a joint venture to provide MLP consultants with access to Interhyp's ...
US mortgage rates unchanged on Monday - BestInfoReuters - USANEW YORK, July 23 (Reuters) - The average rate on a 30-year US mortgage with no upfront points was unchanged at 7 percent on Monday, according to BestInfo ...
CIBC May Write Down C$100 Million of US Mortgage SecuritiesBloomberg - USASubprime home loans, made to people with the worst credit records, are souring at the fastest pace since 2002, according to the US Mortgage Bankers ...
Valley mortgage firm accused of illegal practicesArizona Republic - Phoenix,AZ,USARegulators are trying to shut down a Phoenix mortgage firm they have accused of securing loans from illegal branches at Valley swap meets, malls, ...
Wells Fargo discontinues popular mortgage for subprime borrowersKESQ - Palm Desert,CA,USAAP - July 23, 2007 9:24 PM ET SAN FRANCISCO (AP) - Wells Fargo has stopped offering a popular adjustable-rate mortgage designed for home buyers with ...
Countrywide Home Loans Launches It's Your Choice Mortgage CampaignCNNMoney.com - USACountrywide is arming its more than 9000 loan officers and mortgage sales force with new and improved tools, such as specialized mortgage cost calculators, ...
Freddie Mac mortgage portfolio up 1.2 pct in JuneReuters - USANEW YORK, July 23 (Reuters) - Freddie Mac's retained mortgage holdings increased by an annualized 1.2 percent in June to $712.1 billion, following a 3.8 ...
Emerging-Market Bonds Fall on Growing Subprime Mortgage ConcernBloomberg - USABy Lester Pimentel July 23 (Bloomberg) -- Emerging-market bonds fell as concern about widening losses related to subprime mortages led investors to shun ...
Dollar Falls to Lowest in Two Months on US Mortgage ConcernsBloomberg - USA... to the lowest in two months against the yen and the weakest versus the British pound in 26 years on concern US subprime mortgage losses will worsen. ...