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 Saturday, September 23, 2017
 
Recommended for you
Experian in line for share of mortgage broker group
Telegraph • Lucy Burton
Lending rate for flats to be slashed down
Economy - Prothom Alo • Bss . Dhaka
Here's why closing the sale of a condo has suddenly become harder for an association
Los Angeles Times • Donie Vanitzian
What you need to know when buying your first car
BusinessTech • Staff Writer
For this DACA recipient, becoming a homeowner will have to wait
Press Enterprise : Environment • Alejandra Molina
Security Service Federal Credit Union forms title insurance subsidiary
Credit Union Journal • Palash Ghosh
GSE Roundtop
Inside Mortgage Finance
GSEs Detail Requirements for New High-LTV Refinance Product
Inside Mortgage Finance
Federal Home Loan Bank Advances Up in Second Quarter
Inside Mortgage Finance
OIG: Complex Multifamily Market Needs Continued Monitoring
Inside Mortgage Finance
 
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Google Inc, Mortgages
Experian in line for share of mortgage broker group
TelegraphLucy Burton
Credit checking agency Experian is eyeing up a slice of London & Country Mortgages as the firm tries to sell a chunk of itself ahead of a potential float which could be worth up to £300m, sources said. Britain’s biggest fee-free mortgage...
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Finance, Mortgages
Lending rate for flats to be slashed down
Economy - Prothom AloBss . Dhaka
Bangladesh House Building Finance Corporation (BHBFC) plans to lower the interest rate for its flat loan scheme to single digit as some private banks have already cut the interest rates on flat loans. "We'll soon send a proposal to the bank and...
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Foreclosure, Mortgages
Here's why closing the sale of a condo has suddenly become harder for an association
Los Angeles TimesDonie Vanitzian
Question: I’ve been the treasurer of our 30-unit self-managed condominium association for more than 20 years and until recently the handling of buyer and refinance escrows and other paperwork for property transactions was a breeze. This year, though, mortgage lenders started asking...
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Auto Industry, Banking
What you need to know when buying your first car
BusinessTechStaff Writer
Buying a car can be a daunting prospect for many newcomers. The combination of huge choice in the market, a large financial commitment and complex financial terms can intimidate first-time buyers, turning an exciting occasion into a stressful nightmare, says WesBank. For...
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Mortgages, Real Estate
For this DACA recipient, becoming a homeowner will have to wait
Press Enterprise : EnvironmentAlejandra Molina
Rodrigo Mendoza has worked full-time as a pipe layer for four years, enough to build up his credit to buy his first house. But becoming a homeowner will have to wait. Mendoza, 32, of Temecula, is a participant in the Deferred Action...
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Mortgages, Real Estate
Security Service Federal Credit Union forms title insurance subsidiary
Credit Union JournalPalash Ghosh
Security Service Federal Credit Union, a $9.6 billion institution based in San Antonio, has formed a new subsidiary, Security Service Title Company, in order to offers title insurance and settlement services for mortgage and other real estate transactions. Security Service Title Co.,...
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Economic Policy, Mortgages
GSE Roundtop
Inside Mortgage Finance
GSEs. Congress should be the one that makes the ultimate decision on deciding the future of Fannie Mae and Freddie Mac, according to a just-completed poll from Inside Mortgage Finance. Roughly, 28 percent of industry professionals picked Congress as the ultimate decider...
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Mortgages, Personal Finance
GSEs Detail Requirements for New High-LTV Refinance Product
Inside Mortgage Finance
Fannie Mae and Freddie Mac recently released more details on requirements for participating in their new refinance option for loans originated after Oct. 1. This option allows borrowers with high loan-to-value ratios to refinance. While the official start date is next month,...
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Bank of America, Credit Cards
Federal Home Loan Bank Advances Up in Second Quarter
Inside Mortgage Finance
Downloads Available: FHLBank Advances 2Q Bank and thrift members of the Federal Home Loan Bank system had outstanding advances of $565.7 billion at June 30, a quarterly increase of 8 percent, according to an analysis by Inside The GSEs. Year-over-year numbers are...
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Economic Policy, Mortgages
OIG: Complex Multifamily Market Needs Continued Monitoring
Inside Mortgage Finance
Inspector General recently released a paper about the need for continued oversight of activity in the growing GSE multifamily market. Combined, Fannie Mae and Freddie Mac purchased $112 billion in multifamily mortgages last year. The paper noted that while much of the...
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