Mortgage News Wire

The latest mortgage industry news dump.

Refis Slip, Purchases Rise as Mortgage Rates Mixed

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Refinance Demand Slips as Mortgage Rates Rise – The Truth About Mortgage

Ally CEO: We Have Effectively Derisked Mortgage Business – WSJ

Flagstar Reduces Nonperforming Loans With $474M Sale, Reclassification – MortgageOrb

Foreclosure Timeline Exceeding 500 Days in Some States – The Truth About Mortgage

Foreclosure Crisis: Losses May Top $26B – The Street

MERS affirms track record of title transfer in response to Virginia accusation – HousingWire

Sell Direct to the GSEs. Avoid Additional LLPAs and Credit Overlays – Mortgage News Daily

Freddie Mac posts $2.5 billion 3Q loss, asks for another $100 million – HousingWire

A Foreclosure Gone Wrong: One Man’s Struggle – NPR

Ore. AG sues Bear Sterns – Legal Newsline

PulteGroup 3Q losses double due to dwindling demand for new homes – HousingWire

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Written by mortgagelink

November 3, 2010 at 5:20 pm

Posted in Mortgage News

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