Archive for January, 2008

Rate hikes a reason to reassess mortgage (The West Australian)

Amid growing speculation over further interest rate rises, borrowers are being urged to examine the fine print before taking out a loan or refinancing an existing mortgage.

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January 31 2008 | Home Loan Mortgage Blog | No Comments »

49 Ways To Increase Your Mortgage And Loan Generation Business.

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January 31 2008 | Home Loan Mortgage Blog | No Comments »

CMG Mortgage Bucks Mortgage Industry Collapse, Doubles Sales of New Home Ownership Accelerator(R) Loan in 2007 (Business Wire via Yahoo! Finance)

SAN RAMON, Calif.—-Fighting against the most challenging reversal in the mortgage market in decades, CMG Mortgage, Inc. has significantly expanded sales of its popular new loan, the Home Ownership Accelerator® loan, .

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January 31 2008 | Home Loan Mortgage Blog | No Comments »

Home loan help for teachers passed committee (Deseret Morning News)

A bill that would allow full time teachers in Utah a $15,000 loan to buy a home cleared the House Education committee Tuesday.

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January 29 2008 | Home Loan Mortgage Blog | No Comments »

Hunt for the cheapest home loan (Moneymanager)

With the prospect of higher interest rates on the cards you should be searching high and low for the cheapest home loan rate you can get.

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January 29 2008 | Home Loan Mortgage Blog | No Comments »

Nevada Looks to Solve Mortgage Crisis (AP via Yahoo! Finance)

A report to a legislative panel studying the mortgage lending crisis says Nevada, with the worst home loan foreclosure rate in the nation, is only now requiring education courses and a licensing exam for brokers and their agents.

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January 29 2008 | Home Loan Mortgage Blog | No Comments »

Home Depot drops effort to buy industrial loan company (Atlanta Journal-Constitution)

Home Depot Inc. threw in the towel Thursday on its bid to enter the lending business by taking over an industrial loan company. The Atlanta-based retailer has been trying since May 2006 to get government approval to purchase EnerBank USA, a Salt Lake City company offering home improvement loans. But its application has been held up amid intense political wrangling over the question of whether a …

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January 28 2008 | Home Loan Mortgage Blog | No Comments »

Nev. Looks for Mortgage Crisis Solutions (AP via Yahoo! Finance)

A report to a legislative panel studying the mortgage lending crisis says Nevada, with the worst home loan foreclosure rate in the nation, is only now requiring education courses and a licensing exam for brokers and their agents.

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January 28 2008 | Home Loan Mortgage Blog | No Comments »

Price falls no help to home loan affordability (Scoop.co.nz)

House prices may be falling and wages improving, but higher interest rates kept New Zealand home loan affordability near its worst levels ever in December, according to the monthly Fairfax Media Home Loan Affordability report. Affordability for first …

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January 28 2008 | Home Loan Mortgage Blog | No Comments »

Mortgage group mulls federal loan program changes (Reuters via Yahoo! News)

A wave of foreclosures could be prevented if the largest federal home-ownership program were open to more delinquent borrowers, according to a study being mulled by the nation’s largest mortgage investor group.

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January 28 2008 | Home Loan Mortgage Blog | No Comments »

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