Mortgage News Wire

The latest mortgage industry news dump.

30 Percent Down Payments on the Horizon

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Wells Fargo Calls for 30 Percent Down Payments on Mortgages – The Truth About Mortgage

U.S. Probes Banks’ Mortgage Practices – The Street

Auditors See Rising Defaults in Rural Loans – NY Times

Lawyer advises foreclosed clients to break back into their homes – LA Times

J.P. Morgan: Mortgage Fights a ‘Long, Ugly Mess’ – WSJ

Insurers May Be Pushed to Sell Commercial Mortgage Bonds After NAIC Review – Bloomberg

U.S. steps up counseling on reverse mortgages – Chicago Tribune

Total Mortgage Debt Near All Time Highs – Problem Bank List

JPMorgan Chase 4Q income rose 47% from year earlier – HousingWire

One Man’s Account of Acting Like Steve Carrell to Try to Save His Father’s Foreclosed Home from the Auction Block – OC Weekly

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Written by mortgagelink

January 14, 2011 at 6:57 pm

Posted in Mortgage News

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