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Allocation of Mortgage Settlement Funds - LoanSafe

Syracuse.com

Allocation of Mortgage Settlement Funds
LoanSafe
(Source: Governor Dannel P. Malloy) - (HARTFORD, CT) – Governor Dannel P. Malloy and Attorney General George Jepsen today announced that Connecticut's share of the $25 billion mortgage foreclosure servicing settlement will be spent to bolster and ...
Mortgage settlement could go in state's budget holeSan Francisco Chronicle
Conn. officials outline spending of mortgage moneyBusinessWeek
Settlement dollars fund TN mortgage assistanceJackson Sun
Westfair Online -Hartford Courant
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Tighter mortgage rules not enough in hottest real estate markets, OECD says - Hamilton Spectator

Sydney Morning Herald

Tighter mortgage rules not enough in hottest real estate markets, OECD says
Hamilton Spectator
OTTAWA Moves by the federal government to tighten mortgage lending rules aren't doing enough to cool the housing market in the hottest regions in the country, the Organization for Economic Co-operation and Development said Tuesday.
OECD urges higher interest rates for CanadaMetroNews Canada

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Mortgage Contracting Services Completes Type 2 SSAE No. 16, SOC 3 Examinations - MarketWatch (press release)

Mortgage Contracting Services Completes Type 2 SSAE No. 16, SOC 3 Examinations
MarketWatch (press release)
TAMPA, Fla., May 22, 2012 (BUSINESS WIRE) -- Mortgage Contracting Services LLC (MCS), a nationwide provider of property preservation, inspections and REO property maintenance to the financial services industry, announced the successful completion of ...

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Ill. county sues mortgage lenders, claiming fraud - CBS News

Madison County Record

Ill. county sues mortgage lenders, claiming fraud
CBS News
BELLEVILLE, Ill. — An Illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should have been collecting.
Ill. county sues mortgage lendersBusinessWeek
Kelly says MERS lawsuit had been contemplated for monthsMadison County Record
Banks Sued for Allegedly Avoiding Property Recording FeesLoanSafe

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Deo Buddhu Accused Of Mortgage Scam Promising False Federal Aid - Huffington Post

Deo Buddhu Accused Of Mortgage Scam Promising False Federal Aid
Huffington Post
At least six homeowners are accusing Deowraj "Deo" Buddhu of Weathersfield, Connecticut of running a mortgage scam that's threatened them with foreclosure, NBC Connecticut reports. Buddhu allegedly promised access to special federal aid to help ...

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Mortgage lenders face risk and additional cost of doing business - MarketWatch (press release)

Mortgage lenders face risk and additional cost of doing business
MarketWatch (press release)
LOVELAND, Colo., May 22, 2012 (BUSINESS WIRE) -- Kroll Factual Data, Inc. ("Kroll Factual Data"), a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more ...
Kroll Sees Supplanting S&P in Rating Commercial Mortgage BondsBusinessWeek

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ICBA Mortgage Solutions Names Ron Bricker Regional Account Manager - MarketWatch (press release)

ICBA Mortgage Solutions Names Ron Bricker Regional Account Manager
MarketWatch (press release)
DENVER, May 22, 2012 (BUSINESS WIRE) -- ICBA Mortgage Solutions (ICBAMS), a provider of comprehensive mortgage services to help community bank members of the Independent Community Bankers of America (ICBA) originate, process, close, fund and sell ...

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Zillow: US 30-Year-Mortgage Rates Rose Slightly In Latest Week - Wall Street Journal

New Zealand Herald

Zillow: US 30-Year-Mortgage Rates Rose Slightly In Latest Week
Wall Street Journal
Zillow Inc. (Z) said Tuesday its real-time measure of 30-year-fixed-mortgage rates rose in the latest week, snapping a four-week decline. The 30-year-fixed-mortgage rate on Zillow's Mortgage Marketplace edged up to 3.63%, from 3.59% a week earlier.
30-Year Fixed Mortgage Rate Rises Slightly After Falling to All-Time Low Last ...MarketWatch (press release)
New Record Low Set By Fixed Mortgage Rates According to ForTheBestRate.comHouston Chronicle
BNZ joins mortgage rate warNew Zealand Herald
Radio New Zealand -Interest.co.nz
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Freddie Mac Announces Prepayments in Certain Mortgage Participation Certificates - MarketWatch (press release)

Freddie Mac Announces Prepayments in Certain Mortgage Participation Certificates
MarketWatch (press release)
MCLEAN, Va., May 22, 2012 /PRNewswire via COMTEX/ -- Freddie Mac (OBB:FMCC) announced today that certain of its Mortgage Participation Certificates (PCs) will shortly experience prepayments in a total amount of approximately $330 million unpaid ...
Former E*TRADE Chief Takes Over as CEO of Freddie MacCoStar Group

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TEXT-S&P affirms Celink residential reverse mortgage servicer ranking - Reuters

TEXT-S&P affirms Celink residential reverse mortgage servicer ranking
Reuters
May 22 - OVERVIEW -- We affirmed our ABOVE AVERAGE ranking on Celink as a residential reverse mortgage servicer. -- We raised the subranking to STRONG from ABOVE AVERAGE for loan administration due to several improvements made within the organization.
Fitch Takes Various Actions on Homeward Residential (Formerly American Home ...MarketWatch (press release)

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