Mortgage News

The mortgage market is a key part of the US economy, as demonstrated by the subprime controversy of 2007 and 2008. To stay up-to-date on this important topic, sign up for the Wiser mortgages news email. The mortgage industry is large with many lenders involved in both the personal residential part of the market, and in providing mortgage loans to business. The number of products is also vast, and includes fixed-rate mortgages and adjustable-rate mortgages. And it is a regulated industry. The regulations aim to protect the interests of mortgage holders as well as to maintain a mortgage market that is stable and healthy. Ongoing changes in the banking sector will continue to have an impact on the market, as will the US economy as it continues to recover from the 2008 financial crisis which was partly caused by bad mortgage lending practices. The Wiser mortgages news email covers the latest movements in interest rates, analysis, and news regarding mortgage providers. If you are interested in mortgages, it will become your go-to resource for the latest news and information, so register today.

Recent Mortgage News Coverage
 
Your Weekly Recommendations Monday, March 27, 2017
 
Recommended for you
Corsair Capital to buy third of London & Country
Financial Times • Oliver Ralph
Londons Luxury Homes Wont Sell, So Now Theyre on Airbnb
Bloomberg • Jack Sidders
Fed: Q4 Household Debt Service Ratio Very Low
Calculated Risk • Bill Mcbride
Mortgage interest deduction unnecessary for home ownership: Letter to the editor
Oregonian • Letters To The Editor
Why California stinks for first-time home buyers
Los Angeles Times • James F. Peltz
Let’s hope Las Vegas can keep the lights on if the NFL’s Raiders move there
MarketWatch • Jason Notte
The death of the mortgage salesman is unfortunately premature
The Guardian • Patrick Collinson
Travelers: A Top Financial For 2017 And Beyond
Seeking Alpha • Greg Wajda
The Cost and Affordability of Flood Insurance in New York City
RAND Corp • Benjamin M. Miller, Lloyd Dixon, Noreen Clancy
Aurora man guilty of bank fraud
Chicago Tribune • Hannah Leone
 
Recommended for You
Currencies, Federal Reserve
Corsair Capital to buy third of London & Country
Financial TimesOliver Ralph
Private equity company Corsair Capital is close to buying almost a third of mortgage broker London & Country, according to
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Accommodations & Lodging, Airbnb Inc
Londons Luxury Homes Wont Sell, So Now Theyre on Airbnb
BloombergJack Sidders
Frustrated after searching for a buyer for two years, the owner of a luxury apartment overlooking London’s Hyde Park decided to rent it out for 1,500 pounds ($1,868) a night. “It was a very lofty valuation and I think they’ve always been...
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Currencies, Economic Policy
Fed: Q4 Household Debt Service Ratio Very Low
Calculated RiskBill Mcbride
The Fed's Household Debt Service ratio through Q4 2016 was released on Friday: Household Debt Service and Financial Obligations Ratios. I used to track this quarterly back in 2005 and 2006 to point out that households were taking on excessive financial obligations....
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Mortgages, Real Estate
Mortgage interest deduction unnecessary for home ownership: Letter to the editor
OregonianLetters To The Editor
Pursuant to Anne Nesse's letter about the mortgage interest deduction, ("A good fix for affordable housing," March 24), it is worth noting that Canada does not, and has never allowed, a tax deduction for home mortgage interest; yet their home ownership rate...
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Labor Policy, Mortgages
Why California stinks for first-time home buyers
Los Angeles TimesJames F. Peltz
If you’re a millennial living in California, buying your first home doesn’t come any harder. California ranked as the toughest state in the nation for first-time home buyers, who typically would be in the millennial age bracket of 18 to 34, according...
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Accommodations & Lodging, Bank of America
Let’s hope Las Vegas can keep the lights on if the NFL’s Raiders move there
MarketWatchJason Notte
Associated Press The Oakland Raiders look as if they’re heading to Las Vegas — The City That Never Learns. In February, the Raiders lost their biggest supporter in Las Vegas Sands casino magnate and Las Vegas Review-Journal owner Sheldon Adelson after the...
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Mortgages, Real Estate
The death of the mortgage salesman is unfortunately premature
The GuardianPatrick Collinson
We thought the “commission hungry salesman” had been consigned to the museum of financial horrors, next to the exhibits on Equitable Life and endowment mortgages. But are these relics in fact still alive and crawling back into the mainstream? On the quiet...
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Citigroup Inc, Mortgages
Travelers: A Top Financial For 2017 And Beyond
Seeking AlphaGreg Wajda
Summary Net investment income can pick up with higher rates. Core Underwriting profit remains strong. 11-12 P/E remains below market and many other financials. Travelers has created significant value per share. Introduction After the US presidential election and two more rate hikes,...
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Economic Policy, Mortgages
The Cost and Affordability of Flood Insurance in New York City
RAND CorpBenjamin M. Miller, Lloyd Dixon, Noreen Clancy
To what extent is purchasing flood insurance burdensome for households living in one- to four-family homes in the study area (which consists of several areas in New York City that are particularly vulnerable to flooding)? What are some promising options for a...
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Credit Cards, Credit Services
Aurora man guilty of bank fraud
Chicago TribuneHannah Leone
A federal jury has convicted two businessmen – including one from Aurora - on multiple bank fraud charges related to falsifying loan documents to postpone foreclosure on a parcel of land in Aurora worth nearly $2 million. After an eight-day trial in...
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