News Flash Articles

New Hampshire Experiences Major Rise in Foreclosure Deeds

New Hampshire residents may have a bit more on their minds this summer than the invasion of would-be presidents: the Granite State is experiencing a new spike in foreclosure activity.

Los Angeles Drops Lawsuit Against JPMorgan Chase

The nation’s largest bank is no longer being pursued in court by the city of Los Angeles over charges of improper practices against minority borrowers.

Mortgages Rates Inch Back Toward Four Percent Mark

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing the average fixed-rate mortgage (FRM) ticking higher amid another week of volatile market activity on essentially no new information, with the 30-year FRM averaging 3.89 perc

House Floating Pic/Credit: DigtialStorm

Negative Equity Woes Retreat, as TILA/RESPA Woes Rise

There is good news for homeowners burdened beneath the weight of negative equity and not-so-good news for lenders trying to stay compliant with federal compliance requirements.

Mortgage Rates Rise Pic/Credit: Stacey Newman

Mortgage Credit Availability Improves While Rates Rises

Mortgage credit availability continued to improve while mortgage rates inched a little bit higher, according to the latest industry data.

Thumbs Up Housing/Credit: William Perugini

Fed Praises Housing’s Role in Economic Activity

Residential real estate was among the brighter spots in the U.S. economy in the July to mid-August period, according to the latest Beige Book released by the Federal Reserve.

Boston State House/Credit: mtcurado

Massive Increase in Massachusetts Foreclosure Petitions and Deeds

Foreclosure petitions in Massachusetts experienced a 49 percent year-over-year increase in July, according to data released by The Warren Group. July was the 17th consecutive month that Massachusetts experienced a spike in petition filings.

Ocwen Partners With NAACP on Homeownership Preservation Event on Long Island

The NAACP New York State Conference, in partnership with Ocwen Financial Corporation, has announced its third local homeowner outreach event to help struggling borrowers. The “Help & Hope for Homeowners” event will be held on Saturday, Sept.

House Atop Money Refi Pic/Credit: plusphoto

Refi Apps Account for Nearly 60 Percent of All Mortgage Activity

Mortgage applications increased 11.3 percent from one week earlier, according to data from the

Handshake Settlement/Credit: psphotograph

M&T Settles Discrimination Lawsuit

M&T Bank Corporation has settled a lawsuit that alleged it engaged in discriminatory practices in its New York City-based residential mortgage originations.


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