Reuters

BofA 'Comfortable' Bank Can Absorb Home-Equity Losses
BusinessWeek
Chief Executive Officer Brian Moynihan said the lender, the biggest in the US, can absorb losses on its $149 billion home-equity loan portfolio even after ...
Bank of America (NYSE:BAC) Not Concerned Over Home Equity LossesAmerican Banking News
Daily BriefingThe News Journal
Home Loan: BofA Home Loans InformationBatchBuzz (satire)
New York Times (blog)
all 50 news articles »


Home Equity Lending That Fueled Consumer Spending to Recover
BusinessWeek
He said he plans to use the funds from his home equity loan to renovate his living room, kitchen and bathroom. Three lenders turned him down before he was ...

and more »


WNCT

Change brewing on FHA loans
Baltimore Sun (blog)
More than 300000 home sales, the head of the Federal Housing Administration is telling Congress. FHA-insured mortgages currently require the lesser ...
House Committee Talks FHA ReformMortgageorb
FHA Commissioner: Raising the Down Payment Requirement Would Hurt Housing RecoveryMortgageNewsDaily.com
Without $250 Million HECM Subsidy, Big Principal Limit Reduction Needed says FHAReverse Mortgage Daily

all 130 news articles »


Home Loan Mortgage Refinance Rates Low For Wells Fargo Homeowners
Red, White, and Blue Press (blog)
Money back from refinancing can be used for just about anything, but homeowners that reapply that money back to their home loan will fair better in the long ...
Many ideas, but no single answer on stopping spread of negative home equityThe Olympian
To walk away or not to walk, is that the question?TCPalm

all 48 news articles »


Washington Post

Compare Mortgage Interest Rates Today – Loan Rates Mixed on March 11
Subprime Blogger (blog)
If you have very little equity in your home and your credit score has dropped over the last several months you're probably not going to qualify for mortgage ...
Mortgage Rates Higher: 30 Year Mortgage Rates Back Above 5.00%MonitorBankRates.com
Reverse Mortgages May Bring Better Benefits Than Refinancing Your Home LoanRed, White, and Blue Press (blog)
Getting a mortgage refinance will save you money each monthFlorida Times-Union (blog)
Telegraph.co.uk -MonitorBankRates.com -Subprime Blogger (blog)
all 321 news articles »


Washington Post

Foreclosures Level Off And Home Equity Lending Poised For Modest Growth
Portfolio.com (blog)
Some experts believe that the market for home equity loans, which collapsed along with the housing bubble, is poised for modest growth as well. ...
Reports show foreclosures still climbingTeton Valley News
Foreclosures take toll on US homeownersFinancial Times
RPT-US foreclosures drop 2nd straight month in Feb-RealtyTracReuters
The Money Times
all 613 news articles »


Home Loan Demand Nudges Higher in Latest Week
ABC News
This negative equity has been one of the biggest banes of homeowners, making many unqualified for home loan refinancing and preventing some from selling. ...

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BigNews.biz (press release)

Is this a good time to lock in or refinance your mortgage?
BigNews.biz (press release)
In a situation where the property values have gone down, you may no longer have enough equity for a home mortgage refinance loan. Many lenders look for 20% ...
CashCall Mortgage Explains Why You Should 'Never Pay Closing Costs ...EON: Enhanced Online News (press release)

all 3 news articles »


First PacTrust Bancorp, Inc. Announces 4th Quarter and Year End Results March ...
MarketWatch (press release)
... deposits and to reduce Federal Home Loan Bank advances by $40.0 million during the year. Equity decreased $1.2 million to $97.5 million at December 31, ...

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PR Web (press release)

Obama Refinance Plan – Debt Relief Help with Your Mortgage Home Loan
Subprime Blogger (blog)
If you do not have equity in your home and you have a very bad credit score then there is a chance that you could get a home loan modification. ...
Government Could Cut Seconds FirstWall Street Journal
Helping upside-down home owners stave off foreclosureDetroit Free Press
Federal short sale program aims to help San Mateo County homeownersExaminer.com
NuWire Investor -LoanSafe -HeraldNet
all 120 news articles »

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