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No Equity Home Loans Headlines

Iowa's unlikely duo working to save American homes - DesMoinesRegister.com


Iowa's unlikely duo working to save American homes
DesMoinesRegister.com
>>A new set of standards for loan servicing and foreclosure. >>The five largest banks that service mortgages would be released from legal claims on past home loan servicing and foreclosures. >>The deal would not prohibit individuals from suing the ...

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Bay Equity Names Paul Chevez Director of Finance - MarketWatch (press release)


Bay Equity Names Paul Chevez Director of Finance
MarketWatch (press release)
SAN FRANCISCO, CA, Feb 06, 2012 (MARKETWIRE via COMTEX) -- Bay Equity Home Loans, one of the San Francisco area's most respected and successful mortgage lending institutions and recently ranked No. 5 on the San Francisco Business Times list of the "Top ...

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Obama Mortgage Refinancing Plan: A Bailout by Any Other Name - National Legal and Policy Center


National Legal and Policy Center

Obama Mortgage Refinancing Plan: A Bailout by Any Other Name
National Legal and Policy Center
Accompanying the price declines has been the rapid growth in homes with negative equity; ie, properties whose outstanding mortgage value exceeds current market worth. According to the Santa Ana, Calif.-based real estate tracking service, CoreLogic, ...
President Comes to Area, Announces Homeowners Bill of RightsVirginia Connection Newspapers

all 22 news articles »

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Inside the world of business Ratings agency in no mood for personal insolvency ... - Irish Times


Irish Times

Inside the world of business Ratings agency in no mood for personal insolvency ...
Irish Times
The agency says that total mortgage loans in negative equity will be about 75 per cent based on its expectation of a peak-to-trough house price decline of 60 per cent. “In the unlikely event that all negative equity loans were to be written down to the ...

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BofA Stalls Refinance Work as Wells Is 'Open for Business' - BusinessWeek


Bloomberg

BofA Stalls Refinance Work as Wells Is 'Open for Business'
BusinessWeek
The proposal would let homeowners who are current on their payments save $3000 a year through refinancing into lower-interest loans guaranteed by the Federal Housing Administration. “No more red tape; no more runaround from the banks,” Obama said in ...
New HARP Could Help Up to 6.7 MillionMortgageLoan.com
MBS Prepayments Suggest Slow Uptake On Government's HARPWall Street Journal
Refinancing applications reportedly overwhelm BofAThe Seattle Times

all 17 news articles »

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Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets - Bloomberg


Bloomberg

Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets
Bloomberg
Mortgage-bond buyers are preparing for the effects of adjustments for Fannie Mae and Freddie Mac borrowers with little or no home equity announced in October, while downplaying risks from the further loosening that Obama said Feb.
Obama's Mortgage Plan About Politics, Not EconomicsU.S. News & World Report
Democrats allege Fannie Mae killed principal reduction program in 2010Housing Wire
Meet the Obscure Federal Regulator Who's Not Helping HomeownersProPublica
Washington Post -Center For American Progress
all 182 news articles »

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HEI Reports 2011 & Fourth Quarter Earnings & Declares Dividend - MarketWatch (press release)


HEI Reports 2011 & Fourth Quarter Earnings & Declares Dividend
MarketWatch (press release)
For the year, total loans increased by $148 million or 4.2%, in-line with our target for mid-single digit loan growth. Loan growth was driven primarily by commercial and home equity loans which more than offset the planned decline in long-term fixed ...

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