Mortgage News February 4, 2010

Mortgage Rates Back Over Five Percent – The Truth About Mortgage

Mortgage Delinquencies Pass 10%: LPS – HousingWire

Are Second Mortgages the Achilles Heel of a Housing Recovery? – WSJ

Home Values Likely Reaching Bottom: PMI – HousingWire

Subprime Mortgage Scam was “Blessed” by the Rabbi – Gothamist

State Shuts Down Fake Mortgage Company – WWJ

Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo – ProPublica

GMAC Posts 4Q Loss On Year-Earlier Gain,Mortgage Ops Loss -WSJ

Million Dollar Home Sales Decline for Fourth Straight Year in California – The Truth About Mortgage