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The Lake Mary / Heathrow Florida Real Estate Blog

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Lake Mary Homes For Sale / The Lake Mary / Heathrow Florida Real Estate Blog /

Mortgage News

Articles in this category:

Foreclosures On Fire! Tuesday, May 13, 2008

Fears of recession along with nationwide housing foreclosures have pushed some homeowners to take drastic and illegal measures. Looking to cash in on thier insurance policy rather than face foreclosure some folks have committed arson to avoid losing ...

Posted by in Mortgage News | Comments (0)

Fed's Rate-Cut Surprisingly Helps Home Buyers Wednesday, January 23, 2008

Consumers shopping for a mortgage today may fine it a bit easier to qualify for a home loan. Rate cuts take months to work their way through the economy but businesses and consumers could soon feel the effect from the Fed's surprise move Tuesday to ...

Posted by in Mortgage News | Comments (0)

The Delinqency Risk Is Rising Friday, October 19, 2007

The outlook for surging mortgage delinqunecies worsens in a market which has taken several crushing blows. As the housing markets have deteriorated over the summer and a liquidity squeeze challenged credit markets, deleinquencies and defaults have...

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Lower Fed Rate Means Opportunities On The Rise Monday, September 24, 2007

Lower Fed Rate Means Opportunities on the Rise For the first time in more than four years, the Federal Reserve cut its Fed Funds Rate, which directly impacts millions of American borrowers. And while this important decision has many implications,...

Posted by in Mortgage News | Comments (0)

Orlando Developer Expects Another Housing Bubble? Friday, September 21, 2007

Downtown Orlando developer Cameron Kuhn, who built a portfolio worth more than $100 million said Thursday he expects another bubble before the market stalls and falls again. Speaking to gruop of small business operators and owners in a panel discussi...

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Countrywide Bank Surviving Mortgage Meltdown Friday, September 14, 2007

California based lender Countrywide Financial has challenging times ahead amid the skyrocketing default rate in subprime mortgages. The lender announced late last week it would eliminate up to 12,000 jobs nationwide or 20% of its work force in ord...

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Fed Urges Loan Holders to Aviod Default Friday, September 07, 2007

September 7, 2007. The Federal Reserve in addition to banking regulators issued special guidelines urging loan servicing companies to work with borrowers currently in danger of defaulting on their home mortgages. The new guidance which is not man...

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Banking Industry Changes Friday, August 31, 2007

As you know the banking industry is extremely unstable. It is making this business of selling a house very unsettling. Countrywide Home loans announced on Wed. that they may be filing for Bankruptcy in the future. Bank of America recently gave C...

Posted by in Mortgage News | Comments (0)