Tag Archives: mortgages

Far fewer mortgage borrowers ‘deeply underwater’ – CNN

January 9, 2014

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CNN
Far fewer mortgage borrowers ‘deeply underwater’
CNN
The company reported Thursday that 9.3 million properties, or 19% of all homes with mortgages, were “deeply underwater” in December, meaning borrowers owed at least 25% more on their mortgage than the home was worth. That’s down significantly from 
UNDERWATER MORTGAGES: Equity on the rise in Inland homes Press-Enterprise
Number of Deeply Underwater Mortgages Drops in December 24/7 Wall St.
Our view: Underwater mortgages drag economy Morris Daily Herald
Boston Business Journal  – Orlando Sentinel
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UK Home Prices Cap Best Year Since 2006 as Mortgages Surge – Bloomberg

January 3, 2014

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The Guardian
UK Home Prices Cap Best Year Since 2006 as Mortgages Surge
Bloomberg
U.K. house prices rose and mortgage lending surged more than forecast as the property market’s momentum continued to build at the end of 2013. Nationwide Building Society said home values increased 1.4 percent in December, taking their gain last year
U.K. House Prices Cap Best Year Since 2006 as Mortgages Surge San Francisco Chronicle
UK house prices jump 1.4% in December MarketWatch

all 174 news articles »

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Mortgages could go ‘green’ with energy-rewards lending – The Seattle Times

November 24, 2013

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Mortgages could go ‘green’ with energy-rewards lending
The Seattle Times
Here’s an example. On a $300,000 mortgage with a 5 percent down payment, the insurance premium comes to $8,250. You pay that if you’re buying a house that doesn’t qualify on energy-conservation standards. But if the home you’re buying meets national 
Energy-conserving homes may soon get rewards from a major mortgage insurer Washington Post
The Nation’s Housing: Seeing green over mortgages TriCities.com

all 21 news articles »

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Shutdown impact on mortgages, home sales – WOOD-TV

October 2, 2013

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WOOD-TV
Shutdown impact on mortgages, home sales
WOOD-TV
The buyer of his Wayland home is using a USDA Rural Development loan. “I can’t close on the house I’m selling and the one I’m buying. Thanks government,” Forsythe wrote on Facebook. Another potentially more widespread issue is government form 4605 

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Rising home prices lift underwater homeowners – USA TODAY

August 30, 2013

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San Francisco Chronicle
Rising home prices lift underwater homeowners
USA TODAY
At the end of June, 12.2 million homeowners with mortgages — 23.8% — remained underwater, owing more on their mortgages than their homes were worth, according to an analysis by Zillow. That’s down from 15.3 million a year ago. The sizable drop in 
Bay Area leads in underwater mortgage rebounds San Francisco Chronicle
Fewer Dallas-Fort Worth homeowners are underwater on their loans Dallas Morning News (blog)
Negative Equity Rate Falls for 5th Straight Quarter in Q2; More Than 3 Million PR Newswire (press release)
The Seattle Times  – Housing Wire
all 19 news articles »
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Efficient Locations Lead to More Secure Mortgages: The Evidence Mounts Up – Natural Resources Defense Council (blog)

July 10, 2013

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Efficient Locations Lead to More Secure Mortgages: The Evidence Mounts UpNatural Resources Defense Council (blog)Many families are still unable to qualify for a mortgage, or even refinance their current home, as a consequence of reckless lending. Other…

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Dubai Suitcases of Cash Circumvent Loan Rules: Mortgages – Bloomberg

January 28, 2013

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Dubai Suitcases of Cash Circumvent Loan Rules: Mortgages Bloomberg Emaar Properties PJSC (EMAAR), builder of the world's tallest tower, sold fewer than 15 percent of its homes last year to buyers using mortgages , Morgan Stanley analyst Muneeba Kayani said in a note, citing the company. An Emaar external spokeswoman, … and more » More here: […]

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Fannie Adds Bailout For Underwaters Walkaways: Mortgages – Bloomberg

January 28, 2013

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Fannie Adds Bailout For Underwaters Walkaways: Mortgages Bloomberg Fannie Mae (FNMA) and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out … and more » Read the […]

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