Oct
31
NEW YORK - JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure.
More: continued here
Oct
31
Federal Chairman Ben Bernanke said Fannie Mae and Freddie Mac continue to remain under pressure and that the government must look at new methods to provide guarantees on mortgages.
Speaking via satellite at a conference on the mortgage breakdown at the University of California at Berkeley, Bernanke urged the government to act as a backstop for the mortgage bond market.
Bernanke also spoke about the need to reform the mortgage securitization process…
More: continued here
Oct
31
Our old friend Zillow, the Seattle-based company that provides data on home values in select areas of the country, has just released results of its most recent survey of homeowner perceptions of value.
Zillow found that half of U.S. homeowners think that their homes are essentially worth the same amount today as they were one year ago. Most housing studies would indicate that this perception is wildly out of touch with reality and…
More: continued here
Oct
31
Dont be overwhelmed when filling out these forms find out what you need to do here.
More: continued here
Oct
31
September Personal Income & Spending Report Signals Worsening in Q4
Mortgage Info
10:10 am
(0) Comments
Economists say the personal income and spendingreport from the U.S. Commerce Department supports the view that fourth-quarter growth will be worse than the Q3 results published on Thursday. Personal spending, which comprises more than 70% of GDP, fell 0.3% in September, following two months of flat growth.
More: continued here
Oct
31
Chase Further Strengthens Robust Programs to Keep Families in Homes, Including Systematic Review of Entire Mortgage … (Business Wire via Yahoo! Finance)
Mortgage Info
10:10 am
(0) Comments
Oct
31
Credentials are important, but first check out an adviser’s background, experience, compensation and references.
More: continued here
Oct
31
Oct
31
A disruption in service can be more than a hassle. Find out what happens to typical accounts when a bank fails.
More: continued here
Oct
31
The presidential candidates offer starkly different solutions to the problem of 45 million uninsured Americans.
More: continued here