Mortgage News Wire

The latest mortgage industry news dump.

Mortgage Demand Slips Despite Interest Rate Improvement

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HousingTracker: Homes For Sale inventory down 8.5% Year-over-year in June – CalcRisk

Bank of America’s $14 Billion Deal: Everything You Need to Know – The Atlantic

Ally Financial Faces $100M 2Q Charge For Mortgage Losses By Trusts – WSJ

Severely Delinquent Loans and Foreclosures Outnumber Foreclosures Sales by 50 to 1 – The Truth About Mortgage

Cash from O.C. home sales down 16% – OC Register

JPMorgan-SEC deal on mortgage CDO approved: judge – Reuters

Banks’ Appetite for Jumbos May Soften Blow of New Loan Limits – Bloomberg

US Mortgage Modifications Down 10.5% From Year Ago – Nasdaq

KB Home’s Loss Widens – Zack’s

It’s a buyers’ market for homes, but buyer beware – MSNBC

Mortgage Backed Securities: Snake Oil or Scapegoats? – Forbes

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Written by mortgagelink

June 29, 2011 at 5:21 pm

Posted in Mortgage News

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