Mortgage | refinancing

Billionaire George Soros ‘s assertionthat Denmark’s $480 billion mortgage credit system can weatherany crisis better than any country where mortgages are boughtand sold is proving the rule for international investors. The Nykredit Mortgage Bond Index (NYKRINDX) , which includes thelargest, most-traded of the securities, rose to a record thismonth, holding up through a real estate slump, a    .. more …

GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)– Blueberry Systems, LLC, a provider of advanced technology solutions to the mortgage and financial services industries, announced a strategic partnership with leading mortgage credit reporting company, Advantage Credit Inc . Through the partnership, Advantage Credit customers will now have preferred access to Blueberry Systems’ suite of scalable, robust    .. more …

Families on Guam who fall into the low or moderate income level soon may have a tool to help them increase their buying power when shopping for a home.Under the Mortgage Credit Certificate Program, some families could up their buying power by up to $30,000, according to Carlos Camacho, executive director of the Micronesia Community Development Corp., which is formerly known as the Micronesia    .. more …

NEW YORK, Jan. 31, 2012 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT – News ) (the ” Company “) announced today the following tax treatment for dividends paid or declared in 2011 on the Company ‘s common stock.Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of dividends on the Company’s common stock. The information set    .. more …

NEW YORK – Credit Suisse Group AG (CS) on Friday said it has already placed with investors a “significant portion” of the billions of dollars worth of residential mortgage-backed securities it bought from the Federal Reserve Bank of New York in competitive bidding, according to a spokesman for the bank.Banks, insurers, hedge funds, private equity portfolios and real estate investment    .. more …

Payday Loans Increase the Need for IVA AdviceSearch IVA advice firms categorise debts in different ways. Some debts are more important and are described as being priority debts. Other debts should, in theory, only be repaid once priority debts have been dealt with. A mortgage or rent payment is clearly a priority debt in the eyes of anyone who provides IVA advice. Non-payment of housing    .. more …

NEW YORK – The Federal Reserve Bank of New York on Thursday said Credit Suisse edged out three other bidders for $7.014 billion of residential mortgage-backed securities in the first sale from its Maiden Lane II portfolio since June.The New York Fed said the transaction was prompted by an unsolicited offer by Goldman Sachs Group Inc. (GS) to BlackRock Solutions, the investment manager for    .. more …

Jan. 20 (Bloomberg) — Reducing mortgage balances is a risky idea that hasn’t been shown to keep borrowers who owe more than their property’s worth in their homes, according to Credit Suisse Group AG. Of the 11 million of “underwater” homeowners, about 6.5 million have never missed a payment and 2 million more are making on-time payments after a delinquency, said Dale Westhoff, the    .. more …

Can You Use Your Mortgage Credit Score to Refinance More Than Once?Search Your mortgage credit score is extremely important when applying for a home loan, and you’ll need it again if you refinance. But what if you do refinance and interest rates drop even lower? Can you do it again?It’s important to keep an eye on interest rates and future predictions for them so you can time your    .. more …

Checking Your Mortgage Credit Score – Know Where You Stand on the Credit Score ScaleSearch If you’re ready to apply for a home loan and you’re doing your research, you’ve probably seen articles and blogs telling you to check your mortgage credit score ahead of time. In all the necessary and tedious planning that comes with getting ready for a new home, perhaps checking your score appears    .. more …