First comes marriage, then comes mortgage (Sampson Independent)
First comes love, then comes marriage, then comes a mortgage. I spent this past weekend with Kristin and Jessica — my best friends from high school — and their husbands. Both of these ladies got married this summer, so their husbands have joined our click.
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State Mortgage Agency Offers More Loans (WNYC New York Public Radio)
Fewer banks are willing to make home loans these days, and the State of New York Mortgage Agency, or SONYMA, is picking up some of the slack. The agency says the total value of loans it's bought so ....
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Mortgage Application Volume Doubled Last Week On Surge in Refinancing (Nasdaq)
(RTTNews) - Mortgage application volume more than doubled last week, as lower rates prompted a tripling of refinancing activity. Refinancing now makes up a significant majority of mortgage activity, as the housing market remains in a slump but home owners are able to take advantage of lower rates.
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Investor Sues to Block Mortgage Modifications (BusinessWeek Online via Yahoo! News)
The battle over the mass modifications of troubled mortgages has begun in earnest. On Dec. 1, William Frey, a private investor in mortgage-backed securities, filed a lawsuit in New York State Supreme Court alleging that the proposed modification of some 400,000 home loans originally underwritten by the defunct lender Countrywide Financial is illegal.
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Mortgage payments sometimes rank low in priority (Austin American-Statesman)
Study: Borrowers default on home loans before car loans, credit cards. Behind the mortgage crisis lurks some consumer behavior that, at first glance at least, seems puzzling.
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First Horizon residential mortgage division going strong — at least within Tennessee (BizJournals)
First Horizon National Corp. got out of the national mortgage business at the end of August, but its focus on mortgage originations in Tennessee has never been stronger despite major downsizings, the Memphis-based company says.
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Mortgage application, refinance volume surge (AP via Yahoo! News)
Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey.
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Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)
While most money matters aren't looking up right now, if you're looking to refinance your home, mortgage brokers said this is the time to do it. In the last few days, rates have fallen to just a little more than 5 percent, the lowest they've been in three years. It's also a good time to see if a no closing cost mortgage loan might work for you. It gives people the option to refinance or ...
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Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)
While most money matters aren't looking up right now, if you're looking to refinance your home, mortgage brokers said this is the time to do it. In the last few days, rates have fallen to just over 5%, the lowest they've been in three years. It's also a good time to see if a no closing cost mortgage loan might work for you. It gives people the option to refinance or purchase a new home with ...
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HSBC, Bank of China Lift HK Mortgage Rates as Economy Worsens (Bloomberg)
Dec. 2 (Bloomberg) -- HSBC Holdings Plc and Bank of China Ltd., the two biggest home lenders in Hong Kong, raised their mortgage rates to maintain profitability, adding to pressure on property prices.
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