Bad Home Loans Top $72 Billion in ‘Colossal Failure’: Mortgages
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices.
www.businessweek.com

Mortgage applications jump on refi demand: MBA
NEW YORK (Reuters) - Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 7.5 percent in the week ended Feb 3. The MBA's seasonally ...
news.yahoo.com

Santander cracks down on interest-only mortgages
Interest-only mortgages are set to disappear as a major high street bank restricts access to home owners.
uk.finance.yahoo.com

US Mortgage Applications Jump On Refinancing Demand: MBA
Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.
www.cnbc.com

Faulty Loans Top $72 Billion as Banks Seek Legal Deal: Mortgages
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices.
www.businessweek.com

How to Fight a Low Appraisal
How homes are valued can have a dramatic effect on home owners’ mortgages, but because much of the process is dependent on comparables in the neighborhood, they can leave homeowners feeling slighted.
www.foxbusiness.com

BofA Tumbles to 5.6% Share of Mortgages as Wells Fargo Dominates
Bank of America Corp . lost about three-quarters of its market share in U.S. home mortgages since 2007 as the firm grappled with defective loans, while Wells Fargo & Co. (WFC) ’s presence almost doubled, FBR Capital Markets said.
www.bloomberg.com

Faulty Loans Top $72 Billion as Banks Seek Deal With Regulators: Mortgages
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices.
www.bloomberg.com

Hong Kong Homes Face 25% Drop in Year of the Dragon: Mortgages
The Year of the Dragon, representing wealth and power in China, is shaping up to be the opposite for the world’s costliest housing market, Hong Kong.
www.businessweek.com

Banks' home loan fears
Banks could pull back from lending to new home owners after making losses on mortgages.
www.brisbanetimes.com.au