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Mortgage Application Volume Jumped 23% Last Week -MBA - Wall Street Journal 2012-01-18T12:23:35Z The number of mortgage applications filed in the U.S. last week jumped 23% from the prior week, the Mortgage Bankers Association said Wednesday, as a surge in refinance applications drove new loans. Refinance activity climbed 26%, its highest ... Read more
Mortgage Application Volume Eased 5% Last Week - MBA - Wall Street Journal 2012-01-25T12:15:17Z The number of mortgage applications filed in the U.S. last week fell 5% from the prior week, the Mortgage Bankers Association said Wednesday. Refinance activity slipped 5.2%, according to the MBA's weekly survey, which covers more than three ... Read more
Barclays gives brokers direct access to underwriters - Mortgage Strategy 2012-01-20T11:45:25Z Barclays is giving brokers access to a named underwriter for each mortgage application they submit to the lender. From Monday, brokers will be called by a Barclays underwriter after submitting each case to discuss the application. Brokers will also be ... Read more
Mass refinancing: The ‘biggest thing’ Obama can do without Congress - Washington Post 2012-01-10T14:27:36Z Some of these homeowners have good reason to resist refinancing. They plan to move soon, or they lied on their initial mortgage application, or they can’t afford the up-front costs. Some have been scared off of new financial products by the events of the ... Read more
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Federal Home Loan Bank of New York Awards $33.6 Million For 57 Affordable Housing Initiatives - YAHOO! 2012-01-26T16:03:10Z NEW YORK, Jan. 26, 2012 /PRNewswire-USNewswire/ -- Alfred A. DelliBovi, President and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $33.6 million in subsidies to fund 57 affordable housing initiatives throughout New ... Read more
A price to pay for home loan portability - Deccan Herald 2012-01-29T18:44:15Z PRE-PAYMENT CHARGES This charge reimburses to the lender the costs incurred due to the fact that there could be a delay between the time the money is received from the pre-paying consumer and is re-lent to another consumer and also for the fact that it ... Read more
Double home loan repayment exemption limit to Rs 3 lakh: ICAI - Hindu Business Line 2012-01-29T10:23:10Z Seeking relief for home buyers, accounting regulator ICAI has asked the Finance Ministry to double the tax exemption limit on loan repayment to Rs 3 lakh. ”...it is suggested that the deduction in respect of interest on housing loan in case of self ... Read more
Home Loan Financial Corp. issues dividend - Times Reporter 2012-01-29T12:46:20Z The Board of Directors of Home Loan Financial Corp. has declared a cash dividend of 20 cents per common share, according to Robert C. Hamilton, president and CEO. The dividend is payable Feb. 10 to shareholders of record as of Jan. 27. Home Loan Financial ... Read more
VA Home Loan Centers Announces New Regulations May Adversely Affect Veterans Who Apply for a VA Home Loan Modification - YAHOO! 2012-01-26T08:10:43Z VA Home Loan Centers announces new updates to the loan mod regulations may be too restrictive to provide adequate assistance for those seeking assistance with their VA loans. The Department of Veterans Affairs has enacted temporary changes to the ... Read more
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