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Mortgage Rates Fall to Record Low Level
30year fixed rate mortgages closed out the year at 5.14 data here, see graph...
Mr. Swing

What you need to know in 2009!
By Peter Coy With all the doom and gloom over housing, you might be surprised to know that this is a fantastic time to get a mortgage. Not if you have poor credit, to be sure. But you can get a...
Big News Network

Wells Fargo completes Wachovia purchase (Reuters)
Wells Fargo & Co said it has completed its roughly $12.7 billion purchase of Wachovia Corp, a big bet that it properly assessed the risks in Wachovia's huge book of mortgage and real estate loans.
yahoo.com

Wells Fargo completes Wachovia purchase
NEW YORK, Jan 1 (Reuters) - Wells Fargo & Co saidit has completed its roughly $12.7 billion purchase of WachoviaCorp, a big bet that it properly assessed the risks inWachovia's huge book of mortgage and real estate loans.
Reuters

Miami-Dade applies new state law aimed at cutting taxes inflated by mortgage fraud
In compliance with a new Florida law, the Miami-Dade property appraiser's office is reexamining tax assessments that may have been inflated by fraudulent home sales.
Big News Network

Rate Trend Index -- Mortgages
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.
Telegraph

New rules rev-up reverse mortgages
A new federal housing law raises the ceiling on the amount of money seniors can obtain from a reverse mortgage and lowers the fees charged for the loan.
Bank Rate

Mortgage rates drop way down
The benchmark 30-year fixed-rate mortgage fell 20 basis points, to 5.64 percent, according to the Bankrate.com national survey of large lenders.
Bank Rate

Mortgage rates fall to third straight record low
WASHINGTON -- Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring.With the Federal Reserve on the ve...
Big News Network

A Promising New Solution for Homeowners Facing Foreclosure
Helping troubled homeowners fight to save their homes, while minimizing losses for their lending institutions, Mortgage Recovery is quickly becoming a 'saving grace' during difficult economi...
Big News Network

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Archived "business - countrywide mortgage" news stories.

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