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2nd Mortgage Loans News

Oritani Financial Corp. Announces 2nd Quarter Results and Dividend

TOWNSHIP OF WASHINGTON, N.J. -- Oritani Financial Corp. (the "Company" or "Oritani") , the holding company for Oritani Bank (the "Bank"), reported net income of $7.6 million, ...

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OBA Financial Services, Inc. Announces 2nd Quarter Results

GERMANTOWN, Md., Jan. 24, 2012 /PRNewswire/ -- OBA Financial Services, Inc., (NASDAQ: OBAF - News) ("Company"), the parent company of OBA Bank ("Bank"), announces net income of $170 thousand, ...

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Sacramento loan fraud suspect indicted in 2nd case

A federal investigation into one of the largest alleged mortgage schemes in the Sacramento region ha

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HAMP Expanded to Rentals, 2nd Liens

Owners of rental properties and homeowners burdened by secondary expenses are now eligible for mortgage relief under a new expansion of the Home Affordable Modification Program (HAMP).

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Fannie Ignored 2006 Warnings About Widespread Mortgage Abuses (Updated)

Gretchen Morgenson of the New York Times reports on an ugly bit of mortgage market history : that Fannie Mae was told in 2006 to address the derelict behavior of its servicers and foreclosure mills yet chose to do pretty much nothing about it.

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Is a cash-out home refinancing right for you?

Dear Dr. Don,I have a question of whether to refinance. We have been in our home for 21 years and are not close to retirement. Our ages are 49 and 51, and we have a first and second mortgage. The first ...

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How can I cut my down payment on a home?

Dear Dr. Don,We are looking to buy a home. We can only make a minimal down payment. Is it possible to roll the closing costs into the mortgage loan, or am I dreaming again?-- Joanie Jump-start Dear Joanie,You're ...

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