MortgageBlog.com

From TucsonMortgageBlog.com
http://www.tucsonmortgageblog.com/18-of-20-real-estate-markets-show-signs-of-improvement/
In 18 of the 20 largest metropolitan areas, home values declined at a slower pace than in the previously measured month. The report also showed that national home prices are down 14.4 percent from March 2007.
Unfortunately, it’s the more sensational 14.4% figure that newspapers chose to report this morning. If […]

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http://media.cnbc.com/i/CNBC/Sections/Video/CNBC_Live/player/cnbc_live.html?v=102

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from http://money.cnn.com/2008/04/02/news/economy/housing_bipartisan_draft/index.htm
Democrats and Republicans agree to compromise on bill aimed at averting foreclosures and helping those hurt in housing crisis.
By Jeanne Sahadi, CNNMoney.com senior writer
Last Updated: April 3, 2008: 11:35 AM EDT
NEW YORK (CNNMoney.com) — With unusual speed, leading Senate Democrats and Republicans have negotiated a bipartisan, $15 billion housing relief package that the Senate […]

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As Downturn Rages On, Lenders Consider eMortgages
Seattle-based DocuSign said Wednesday that it was selected as an approved electronic signature vendor for Wells Fargo, and will provide its service to major correspondent lenders working with the bank. DocuSign provides a on-demand platform for electronic signatures of key disclosure documents, including truth-in-lending notifications and 1003 applcations.
“We have […]

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Bankrate.com: Today’s Best Mortgage Rates
Bankrate Inc. (c) 2008
Find the best mortgage rates available today across the nation and in your state.

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clipped from www.prnewswire.com

Creates Largest U.S. Mortgage Lender and Servicer
CHARLOTTE, N.C., Jan. 11 /PRNewswire/ — Bank of America Corporation
today announced a definitive agreement to purchase Countrywide Financial
Corp. in an all-stock transaction worth approximately $4 billion.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b)
The purchase will make Bank of America the nation’s largest mortgage
lender and loan servicer. This […]

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MortgageDaily.com - Mortgage News Headlines
Mortgage Industry News for the Mortgage Industry

IndyMac Sells Retail Branches
Prospect Mortgage announced that it will acquire more than 60 branch offices from IndyMac Bancorp. Terms of the deal were not disclosed. The branches involved represent the majority of branches for IndyMac.

Subprime Still Needed
The secretary of the U.S. Treasury spoke before the […]

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clipped from www.11alive.com

LOS ANGELES (AP) — Countrywide Financial Corp. lost $1.2 billion in the third quarter, but its shares soared Friday after the nation’s largest mortgage lender said it expects to be profitable this quarter and next year.

It was Countrywide’s first quarterly loss in 25 years.

But the Calabasas, Calif.-based company said it will […]

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clipped from www.therealestatebloggers.com

The Atlanta Journal Constitution is reporting that Michael Vick, the former Atlanta Quarterback and nortorious dog fighter, is selling his Duluth, Georgia home for 4.5 million dollars.

The home located at 2927 Darlington Run Duluth, GA has 7 bedrooms and 8.5 baths. The home is located in the Sugerloaf Country Club, an […]

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clipped from www.responsiblelending.org

Under current law, subprime homeowners have two choices: they can get a loan modification, or they can lose their home through foreclosure.? Bankruptcy – the traditional option of last resort– is virtually useless, because current law prevents bankruptcy courts from assisting with the very debt that is causing the problem today […]

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