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Source: NY, California to sign mortgage settlement - Bangor Daily News

USA TODAY

Source: NY, California to sign mortgage settlement Bangor Daily News Bank of America, JPMorgan Chase, Wells Fargo, Citibank and Ally Financial agreed to the settlement — for an estimated $37 billion as of Wednesday for lowering homeowners' mortgage principal, refinancing, a reserve account, and checks to homeowners. Feds, states, banks agree to $26 billion mortgage settlementUSA TODAY States, Feds to announce mortgage settlementThe Associated Press ECONOMY: New York, California to sign mortgage settlementDelmarva Daily Times all 731 news articles »

Mass Refi Plan Would Hurt Morgage Bonds in Pensions - Bloomberg

Bloomberg

Mass Refi Plan Would Hurt Morgage Bonds in Pensions Bloomberg But I'm really desperate to get my house refinanced,” Kovari said. “That right now is a lot more important to me.” A drumbeat of support for a large-scale federal refinancing program has grown louder in recent months, with labor unions, homeowners, ... Mortgage Bonds in Eye of Storm as Refis Decline: Credit MarketsSan Francisco Chronicle Meet the Obscure Federal Regulator Who's Not Helping HomeownersProPublica all 127 news articles »

My mortgage was sold to a sketchy company - Washington Post (blog)

My mortgage was sold to a sketchy company Washington Post (blog) Q: I recently refinanced. Although I knew my mortgage would be sold to another company, I was put off when I found out that the new holder of my mortgage is a company with an F rating on the Better Business Bureau's Web site, appears to have a lot of ...

Refinance Activity Increases as Rates Hit Survey Lows - RealEstateRama (press release)

Refinance Activity Increases as Rates Hit Survey Lows RealEstateRama (press release) The four week moving average is up 0.65 percent for the seasonally adjusted Purchase Index, while this average is up 5.72 percent for the Refinance Index. The refinance share of mortgage activity increased to 80.5 percent of total applications from ... and more »

U.S. Mortgage Servicers in $26B Settlement - Bloomberg

U.S. Mortgage Servicers in $26B Settlement Bloomberg The $26 billion agreement includes $5 billion in cash for states, $17 billion to help borrowers in the form of mortgage debt forgiveness, forbearance and short sales, and $3 billion in refinancings to lower homeowners' interest rates, the official said ... and more »