Mortgage | refinancing

To help protect people in applying for a reverse mortgage, the government requires every applicant to take a credit counseling class before any loan can be processed. One of the best ways to get this required counseling is through AARP. Here’s a look at what you can expect with AARP reverse mortgage counseling. With nearly 80% of all seniors being a member of AARP, there is little wonder why AARP    .. more …

You are not alone if you are finding it more difficult to make your monthly mortgage payments. Millions of Americans are experiencing the same problems as you are facing. Foreclosure is a scary word that you don’t want to have to consider and there may be other options that will work better for you and your family. Don’t feel guilty about being in the situation that you find yourself – it’s not    .. more …

The delinquency rate for mortgage loans on residential properties in Massachusetts dropped to 7.32 percent at the end of the first quarter of 2012, a decrease of 87 basis points from the fourth quarter of 2011, according to the Mortgage Bankers Association (MBA). The percentage of loans in Massachusetts on which foreclosure was started during the quarter was nearly flat, rising 1 basis point to    .. more …

Many of the hedge fund traders gathered at the Skybridge Alternatives investor summit (SALT) at the Bellagio Hotel in Las Vegas are enthusiastically seeking out the once “toxic” mortgage bonds for    .. more …

WASHINGTON, May 16 (UPI) — The delinquency rate for U.S. mortgage contracts dropped to 7.4 percent at the end of the first quarter of 2012, a national trade group said.The Mortgage Bankers Association said the rate of homes with payments 30 days past due improved from 8.3 percent, the delinquency rate at the end of the January through March period of 2011.Homes involved in foreclosure at the end    .. more …

JPMorgan Chase made it official Monday morning, announcing the departure of Ina Drew, one of the highest-ranking female executives on Wall Street , after the Chief Investment Office (CIO) she managed was home to a $2 billion trading loss due to an ill-advised hedging strategy.In a press release Monday, the firm said Drew is retiring after a 30-year run at JPMorgan. Chairman and Chief Executive    .. more …

There are many different benefits associated with all the loan types available. FHA, conventional, and VA are the three most prominent loan types. The most uncomplicated mortgage loans are the traditional home loans because they are straightforward. A conventional mortgage loan is when you have a predetermined portion of the price, including fees, of the home borrowed out and you arrange to pay    .. more …

WASHINGTON (Reuters) – The housing regulator for mortgage-giants Fannie Mae and Freddie Mac on Tuesday said laws under consideration in California to halt illegal foreclosures could restrict mortgage credit and hamper necessary home seizures. In a letter to California legislators , the Federal Housing Finance Agency disclosed concerns with a measure to increase civil penalties for so-called    .. more …

Today’s Times Pivoting away from volatile social issues, President Obama spoke to homeowners Friday in Nevada – the state hardest hit by the housing bust – about his proposals to allow more Americans to get low-interest mortgage refinancing, Jackie Calmes reports.Mitt Romney’s recent declaration that Russia is America’s top geopolitical adversary made Democrats, Republicans and Russians    .. more …

In my coaching efforts with small business owners, I find that one of the most overlooked items when designing a marketing campaign is also one of the most important and should never be skipped: identifying your target population. It sounds so basic, yet it is so regularly skipped. Most of the business owners I coach cast too wide a net and therefore don’t find their response rates or opt-in rates    .. more …