Selling Mortgage Leads News for 06/05/2008




Home foreclosures set record in first quarter - The Associated Press

Home foreclosures set record in first quarter
The Associated Press - 1 hour ago
The latest snapshot of the mortgage market, released Thursday, showed that the proportion of mortgages that fell into foreclosure soared to 0.99 percent in .
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Another Bank, First Tenn, Exits Mammoth Mortgage Business - CNNMoney.com

Another Bank, First Tenn, Exits Mammoth Mortgage Business
CNNMoney.com - 21 hours ago
During the housing boom, mortgage credit flowed freely as lenders and investors assumed that home-loan collateral - real estate - would continue rising in .
Metlife Buys Mortgage Business From First Horizon (Update3) Bloomberg
First Horizon Sells Mortgage Biz to MetLife Memphis Daily News
MetLife Buys Mortgage Operations From First Horizon National Wall Street Journal
Primenewswire (press release) - CNNMoney.com
all 164 news articles
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Mayor To Spend $2 Million On Foreclosure Prevention Program - Evening Bulletin

Mayor To Spend $2 Million On Foreclosure Prevention Program
Evening Bulletin, PA - 4 hours ago
According to the federal Home Mortgage Disclosure Act, subprime loans have increased dramatically in the past three years in Philadelphia. .
Philly unveils plan to fight home foreclosures The Associated Press
Philadelphia Will Try to Reduce Foreclosures New York Times
Philadelphia program fights mortgage foreclosure Reuters
WTTE - Bizjournals.com
all 161 news articles
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Home mortgage 'reset' shock to hit suburbs - Minneapolis Star Tribune

Home mortgage 'reset' shock to hit suburbs
Minneapolis Star Tribune, MN - Jun 1, 2008
To be sure, falling interest rates in the last several months should offer some help to subprime borrowers facing mortgage resets. .
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N.C. Leads Nation on Racially Disparate Subprime Home Loans (WNCT Greenville)
To watch video online please click here to download the latest version of the Flash plugin. CHICAGOEUR According to a study by The Chicago Reporter , the state of North Carolina is home to three metropolitan areas with the nations widest gap in high-cost mortgage lending between African American and white borrowers...

If you need a mortgage, here comes KeyBank (Tacoma News Tribune)
Newly hired and given the goal of tripling KeyBanks regional home mortgage portfolio by the end of the year, Michael Taylor was also given the choice of where to establish his office. Would it be Seattle, Bellevue or Tacoma?..

Market overview: Resource stocks keep Footsie lower (ShareCast via Yahoo! UK & Ireland Finance)
1115: FTSE 100 is stuck nearly 100 points lower as resources stocks weigh. Kazakhstan's ENRC leads the mining sector lower on weak copper prices, while oil stocks follow Cairn Energy downward as the price of a barrel of crude sits well short of the $135 a barrel it hit recently. The lower oil price boosts British Airways, while mortgage lender Alliance and Leicester leads the way after a report ...

Steve Bartlett leads financial services lobby on housing (Dallas Morning News)
WASHINGTON EUR To those who denounce Congress' intervention in the housing market, accusing lawmakers of fashioning a bailout, Steve Bartlett offers a history lesson...

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Home foreclosures set record in first quarter - The Associated Press

Home foreclosures set record in first quarter
The Associated Press - 2 hours ago
WASHINGTON (AP) EUR” Mortgage bankers say home foreclosures and late payments set records in the first three months of the year. .
Home Foreclosures, Late Payments Set Record NBC30.com
Homes in foreclosure top 1 million CNNMoney.com
Low Interest Rates; Tips for Buyers, Refinancing WMTV
Bloomberg - MarketWatch
all 375 news articles
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Vancouver leads nation in home buyers (News 1130)
It's one of the biggest steps you can make in your lifetime, and it turns out more of us are taking the plunge and buying homes. Census information shows Vancouver is leading the trend when it comes to ...

Mortgage Leads, Selling Over the Telephone
Also, mortgage lead companies will sell their mortgage leads up to as many as five times. So, you may end up running into some challenges if the customer is already working with another loan officer. ...

'The Mortgage Millionaire: Sales and Life Strategies That Can Take You to The Next Level' (PR Newswire via Yahoo! Finance)
In his new book, "The Mortgage Millionaire: Sales and Life Strategies That Can Take You to The Next Level" , author William B. Bronson shares his years of experience in the mortgage industry, offering tips, training and advice that goes beyond information typically found in mortgage or sales classes...

Credit crunch: Mortgage lending slumps by half (Daily Telegraph)
The number of mortgages given to home buyers has fallen to a record low, according to the Bank of England, as the credit crisis leads to a severe lending drought...

House price falls are worst for 25 years - Telegraph.co.uk

Telegraph.co.uk

House price falls are worst for 25 years
Telegraph.co.uk, United Kingdom - 29 minutes ago
The difficulty of buying a home has been exacerbated markedly in recent months by the credit crisis, which has led to mortgage companies withdrawing their .
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Africa: Continent the New Mortgage Mecca (AllAfrica.com)
The UK Financial Times says a number of banks in Africa "have launched aggressive moves to expand their mortgage businesses just as housing markets in the US and parts of Europe falter...

Home ownership highest since 1971 - Vancouver Sun

Home ownership highest since 1971
Vancouver Sun,  Canada - 9 hours ago
High home prices here make the lower payments of the longer amortization, which comes with considerably higher interest costs over the life of a mortgage, .
Home ownership at record levels; Cdn mortgage debt headed to $1 . The Canadian Press
Home ownership and mortgage debt highest in decades Financial Post
Report: home ownership in Canada rises to 70% Xinhua
Canada.com - CBC.ca
all 81 news articles
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The trick to getting a mortgage fixed - CNNMoney.com

The trick to getting a mortgage fixed
CNNMoney.com - 2 hours ago
"The common objective is to fix the loan," said Alan Goldberg, vice president with the home owner assistance division of Genworth Financial, a mortgage .
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How octane works (Jewish World Review)
http://www.JewishWorldReview.com | (MCT) Every time you pull up to a gas pump to buy your gas, you are faced with a choice: Do you want 87, 89 or 93 octane gas? Which leads to the obvious question: What is octane, and why would you care? Why can't there be just one kind of gasoline?..

Property Finance (June 1-7): Getting a Piece of Bank Asset Sales (CoStar Group)
In this week's issue: Look for more and more banks to outsource their loan sales; JPMorgan agrees to let Indalex sell and leaseback more assets; Plus we give you new property finance deals a valuable leads list of loans maturing in the next 12 months...

Local Banks Regain Mortgage Business - Wall Street Journal Blogs

Local Banks Regain Mortgage Business
Wall Street Journal Blogs, NY - 13 hours ago
That equates to a delinquency rate of 0.21% of the dollar value of home mortgage loans. Many local banks don't have the capacity to hold loans on their .
Mortgage and loan provider in London introduces a loan service for . Search By Headlines (press release)
all 4 news articles
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Inquiry as Goliaths muscle in on loans - The Age

Inquiry as Goliaths muscle in on loans
The Age, Australia - 2 hours ago
"We need to open up competition in the retail banking and non-banking sectors, demystify the number of home mortgage products available and offer a wider .
Mortgage brokers face industry upheaval Reuters
all 23 news articles
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