Selling Mortgage Leads News for 07/03/2008



Machine lease delinquencies far below home mortgage delinquencies - American Machinist

Machine lease delinquencies far below home mortgage delinquencies
American Machinist, OH - 15 hours ago
The 20-day delinquency rate for machine tool leases is less than one percent while home mortgage delinquency is currently 6.35 percent. .
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(AFX UK Focus) 2008-07-03 06:56 Hong Kong shares end morning firmer after early falls; China Mobile leads UPDATE (Interactive Investor)
HONG KONG (XFN-ASIA) - Share prices finished the morning firmer as a rebound in Shanghai helped the market recover from early losses driven by a Wall Street slide and record oil prices...

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Machine lease delinquencies far below home mortgage delinquencies (American Machinist)
EURœIn April machine shops did not grow but the delinquency rate on machine tool leases declined while staying at a low level about one-sixth of the rate on home mortgages,EUR Harry Moser, chairman of Agie Charmilles said...

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CIT sells home lending business (CNN Money)
Finance company's latest effort to shore up capital leads to exiting its home mortgage business and selling its $470 million manufactured housing portfolio at a loss...

Taylor Wimpey leads share plunge in UK housebuilders after its fails to secure cash (Daily Telegraph)
Shares in Britain's housebuilders were hammered today after Taylor Wimpey admitted that it had failed to secure an emergency cash injection to repair its shattered balance sheet..

ZipRealty offers home search by desired mortgage amount - Bizjournals.com

ZipRealty offers home search by desired mortgage amount
Bizjournals.com, NC - 9 hours ago
. get pre-approved for mortgages by ZipRealty's mortgage partner, Pleasanton-based E-Loan, through programs designed especially for first-time home buyers.
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Borrowers struggle to get help - Stockton Record

Borrowers struggle to get help
Stockton Record, CA - 1 hour ago
. in a world of hurt and frustration as he has wrestled futilely to get a home mortgage loan modified so he and his family can stay in their Tracy home. .
UPDATE 1-US mortgage modifications dip in May Reuters
Survey: Loan changes lag foreclosures in Calif. Forbes
Pace of mortgage aid by industry dropped in May San Diego Union Tribune
Earthtimes (press release) - Sacramento Bee
all 59 news articles
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California Senate passes mortgage default warning bill - Los Angeles Times

Los Angeles Times

California Senate passes mortgage default warning bill
Los Angeles Times, CA - 1 hour ago
A sign is posted in front of a foreclosed home for sale June 13, 2008 in Richmond, California. The legislation, SB1137, would require lenders to give .
Schwarzenegger backs mortgage default warning bill Reuters
Governor Schwarzenegger Issues Statement on Home Foreclosure . Imperial Valley News
Foreclosure bill orders lenders to talk to borrowers Ventura County Star
San Jose Mercury News - Sacramento Bee
all 38 news articles
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Realty Executives Southern Arizona, Redington Home Loans Partner - Mortgageorb

Realty Executives Southern Arizona, Redington Home Loans Partner
Mortgageorb, CT - 15 hours ago
The new venture will offer clients a wide range of home-financing products and services available from Wells Fargo Home Mortgage, including industry-leading .
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NAACP targets discriminatory lending practices - The Tennessean

NAACP targets discriminatory lending practices
The Tennessean, TN - 1 hour ago
"It's true that wrapped up in the home mortgage crisis are people who bit off more than they could chew. "But it is also true that some organizations have .
Memphis NAACP joins US rally to end mortgage bias commercialappeal.com (subscription)
all 2 news articles
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NAACP members allege loan bias (Colorado Springs Gazette)
About 20 members of the Colorado Springs branch of the NAACP on Wednesday called on some of the nation's largest mortgage lenders to eliminate discriminatory lending practices and "make amends" for such discrimination against black borrowers...

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NAACP accuses lenders of biased mortgage practices (Baltimore Sun)
NAACP accuses lenders, blames rise in foreclosures on predatory actions NAACP officials Wednesday accused top lenders of discriminatory mortgage practices in a series of protests in Baltimore and cities across the nation...

Leadpoint launches protection leads (Money Marketing Online)
Leadpoint has today launched protection leads. ...

Property Finance (June 29-July 5): Many Opportunities To Commit Fraud (CoStar Group)
In this week's issue: Shorenstein ups debt investments; Mortgage price returns go negative; Who knew mortgage fraud was so easy; Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months. Shorenstein...

UN report advocates policy shift to address global economic insecurity (Islamic Republic News Agency)
UN - Report - Economic Insecurity A new United Nations report is advocating a shift in policies to ensure greater economic stability and security given the increased threats and vulnerability, from rising food prices and fuel prices to mortgage defaults and bank runs, facing the world today...

Overseas mortgage leads product set for launch (01 July 2008)
Firm tells OPP that it can deliver specific qualified enquiries to finance professionals...

FHA filling a loan void - Pioneer Press

FHA filling a loan void
Pioneer Press, MN - 3 hours ago
The nonprofit pockets a fee and typically, the seller inflates the sale price of the home to cover the costs, leaving the buyer with a bigger mortgage. .
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Small banks playing to strengths in Maryland real estate slowdown (Baltimore Examiner)
Bradford Bank said Tuesday it plans to reduce its mortgage lending staff to cope with a drop in real estate transactions. It's not alone, as other community banks face the loss of a chunk of their business...

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WaPo: Obama got discount on mortgage - Los Angeles Times

CBS News

WaPo: Obama got discount on mortgage
Los Angeles Times, CA - 14 hours ago
Barack Obama, D-Ill., received on his Chicago home mortgage were proper." Andrew Sullivan blogs that the story is missing a key piece of information: .
Obama Camp Denies Favorable Home Loan FOXNews
Campaign, bank say Obama's mortgage proper United Press International
Obamas EUR˜Sweetheat Home Loan Outside the Beltway
Town Hall - FOXNews
all 47 news articles
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Two former home mortgage execs charged with graft - ABS CBN News

Two former home mortgage execs charged with graft
ABS CBN News, Philippines - Jul 1, 2008
Two former executives of the National Home Mortgage Finance Corp (NHMFC) were charged Monday before the Sandiganbayan in connection with an alleged .
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CIT finds buyers for its home lending units - CNNMoney.com

The Gazette (Montreal)

CIT finds buyers for its home lending units
CNNMoney.com - Jul 1, 2008
By Scott Moritz Still reeling from the subprime meltdown of its ill-timed subprime mortgage strategy, CIT sold two home lending units for $1.8 billion .
CIT Group Exits Home Mortgage Market with $1.8 Billion in Deals Money Morning
CIT Gets a Kitchen Pass (CIT) 24/7 Wall St.
Lone Star Funds of Dallas buys more subprime Dallas Morning News
TheStreet.com - Reuters
all 276 news articles
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