Loan Officer Mortgage Leads News for 02/03/2012



Rate on 30-year mortgage falls to record 3.87 pct.
The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed...

AgedLeadStore.com to Add 1,100,000 Aged
In February, 1,100,000 aged..

2 Ways To Generate More
Among the best ways I'd recommend generating..

Clopton Capital Announces Record Month for Commercial Mortgage Leads
Clopton Capital, a Chicago-based business loan and commercial mortgage provider, is announcing that this previous month of December 2011 was their most successful month for commercial mortgage requests in their almost two year history.Chicago, IL (PRWEB) January 17, 2012 Clopton Capital, a Chicago-based business loan and commercial mortgage provider, is announcing that this previous month of ...

Mortgage warning to first-time buyers despite banks' increased lending pledge - Belfast Telegraph

Mortgage warning to first-time buyers despite banks' increased lending pledge
Belfast Telegraph
Industry experts have warned first-time buyers may still struggle to get a mortgage despite banks pledging to offer more home loans. Half of all buyers with a 10% deposit are refused a loan, according to the latest findings from mortgage brokers.

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Mortgage Rates Mixed This Morning: 30 Year Mortgage Rates at 3.97% - MonitorBankRates.com

Bloomberg

Mortgage Rates Mixed This Morning: 30 Year Mortgage Rates at 3.97%
MonitorBankRates.com
Current mortgage rates today on 30 year mortgages are averaging 3.97%, down from yesterday's average 30 year mortgage rate of 3.98%. Current mortgage rates on 15 year home loans are averaging 3.30%, down from yesterday's average 15 year mortgage rate .
85 Percent of Refinancing Homeowners Maintain or Reduce Mortgage Debt in .Sacramento Bee
Mortgage rates for 30-year loans hit record lowSan Francisco Chronicle
Mortgage rates: new record lows. Again.Christian Science Monitor
Bloomberg
all 339 news articles »
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Housing Is Not a Drag on the Recovery
The Morning Edition piece on President Obama's new mortgage refinancing proposal implied that the housing market is a major drag on the economy...

Her Grandparents, My First Coffee & My Two Uber Wide Cups.
Money is tight. My wife and I barely make it on our net after taxes me biweekly, her monthly...

BofA Tumbles to 5.6% Share of Mortgages - Bloomberg

News Sizzle

BofA Tumbles to 5.6% Share of Mortgages
Bloomberg
Bank of America Corp. lost about three-quarters of its market share in US home mortgages since 2007 as the firm grappled with defective loans, while Wells Fargo & Co. (WFC)'s presence almost doubled, FBR Capital Markets said.
Wells Fargo to Help Sacramento Area Customers Facing Mortgage Payment ChallengesMarketWatch (press release)
Mortgage Rates Today: Wells Fargo Minor Ups and Downs Result in Rock Solid .News Sizzle

all 170 news articles »
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Clopton Capital Announces Record Month for Commercial
Clopton Capital, a Chicago-based business loan and commercial..

Editorial: Mortgage crisis still begs for intervention - The Spokesman Review

Fox News

Editorial: Mortgage crisis still begs for intervention
The Spokesman Review
The Federal Home Loan Mortgage Corp. (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) were created to help Americans achieve the dream of homeownership. Fannie Mae emerged during the Great Depression to buy mortgages from .
Corker Obama s Principal Write-down Proposal for Underwater Home Mortgages is .PoliticalNews.me (press release)
Obama Uses Housing as Foil to Romney's 'Hit Bottom' StrategyBusinessWeek
Blame Not Capitalism It Is Socialism.GhanaWeb
CountingPips -Gant Daily -Center For American Progress
all 375 news articles »
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Citi Exits Broker Biz; Fed Addresses Sticky Second Mortgage Situation
Pipeline Press is an informational forum focused on the interpretation and discussion of industry specific news, intelligence, investor bulletins, lender releases, developments, events and even rumor...

Hands Up, House: I'm Packing a Cordless
THESE are words that no self-respecting husband likes to write: My wife sold me out to the Home Depot guy...

Mortgage Marvel Releases Year-End Data From More Than 700,000 Mortgage Applications
MEQUON, WI-- - Mortgagebot LLC, which operates Mortgage Marvel .com, released data compiled from more than 700,000 submitted applications -- across all 50 states -- to lenders using its online, direct-to-consumer, ...

Obama Said to Plan Assistance for Home Mortgage Refinancing - Bloomberg

Bloomberg

Obama Said to Plan Assistance for Home Mortgage Refinancing
Bloomberg
Enlarge image Obama Plans Assistance for Rentals, Mortgage Refinancing Obama Plans Assistance for Rentals, Mortgage Refinancing Matthew Staver/Bloomberg Champion Home Builders Inc. in Flint on Oct. 26, 2011. Play Video Play Video President Barack Obama .
Obama to detail broader housing refinance planBusinessWeek
Obama's new housing refinance planWashington Post
Obama unveils mortgage refinancing planCBS News
USA TODAY -Media Matters for America
all 1,104 news articles »
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Californias Solo Mortgage Probe May Be Hamstrung by 2008 Deal
California Attorney General Kamala Harris objects to giving banks broad releases of liability for predatory lending. At the same time, she may be locked into her predecessors 2008 settlement with the largest lender in the state during the mortgage boom that does exactly that...

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AFP's Tim Phillips tells CNN: Obama 'has not lived up to its own lofty rhetoric'
We'll be hosting State of the Union "Watch Parties" all across the nation, featuring a live broadcast with AFP President Tim Phillips along with special guests! Find the watch party near you CNN has taken notice of AFP's ads exposing the Obama Administration's cronyism and disturbing backdoor dealings of the Solyndra gamble...

Campaign analysis: GOP outside groups try to anchor Obama in D.C. 'swamp'
As Republican candidates attack one another on the campaign trail, Republican outside spending groups are taking aim at President Barack Obama over failed energy company Solyndra...

NYPD document: Collect intel at Shiite mosques
A secret police document shows that the New York Police Department recommended increasing surveillance of thousands of Muslims and their mosques based solely on their religion...

Analysis: Trying to anchor Obama in D.C. 'swamp'
As Republican candidates attack one another on the campaign trail, Republican outside spending groups are taking aim at President Barack Obama over failed energy company Solyndra...

Security America Mortgage, Inc. Extends the Mortgage Lending Industry . - San Francisco Chronicle (press release)

Security America Mortgage, Inc. Extends the Mortgage Lending Industry .
San Francisco Chronicle (press release)
Security America Mortgage, Inc. extends the mortgage lending industry standards by providing the lowest interest refinance rates on jumbo VA loans and general VA home loans for all United States Veterans. Security America Mortgage, Inc. put a high .

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Emergency Aid Expanded for National Guard and Reserve Families
Operation Homefront today announced that it will be able to fill unmet needs in specific local communities and nationwide as a result of $175,000 in special funding from Walmart...

Students protest at Queen's Park
Students protest. Student union activist Wallied Khogali leads a protest against high tuition fees during last week's visit by Minister of Training, Colleges and Universities Glen Murray...

Jerry Chautin: Commercial Mortgage Bankers Are Doing Deals As the Real Estate Market Breathes New Signs of Life
Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals...

Wells Fargo Home Preservation Workshop in Sacramento - LoanSafe

News Sizzle

Wells Fargo Home Preservation Workshop in Sacramento
LoanSafe
by Evan Bedard on February 2, 2012 in Mortgage Assistance (Source: By Mark Glover, The Sacramento Bee, Calif.) - Wells Fargo will host a free EURHome Preservation WorkshopEUR over two days next week at the Sacramento Convention Center.
The Bizz, Feb. 3San Bernardino Sun
Home loan workshop offered by Wells FargoModesto Bee
Wells Fargo Mortgage Rates Today: Excellent Home Purchase Value as National .News Sizzle
Reuters -PR Web (press release) -International Business Times
all 65 news articles »
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GOP economic plans may not play in Nevada
HENDERSON, Nev. -- Conservatives have long lauded the free-market spirit of this dusty, mountainous state, where there is no income tax and even some Democrats rail against big government...

China to Limit Mortgage Loans for Foreign Home Buyers to Stem Investments - Bloomberg

Bloomberg

China to Limit Mortgage Loans for Foreign Home Buyers to Stem Investments
Bloomberg
China will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices. The nation's planning agency won't approve medium- and long-term foreign debt quotas for overseas .

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Toll Brothers
While this sounds like bad news for homeowners, it also means houses are cheaper for homebuyers. That, combined with..

Unemployed not getting much attention from GOP field
The two leading candidates do sometimes talk about the out-of-work Americans using unemployment benefits to stay afloat - but not particularly kindly...

Health care in America: Shopping around for surgery
AMERICANS spent $2.6 trillion on health care in 2010, a staggering 18% of GDP. Yet few of them have the faintest idea what any treatment costs or how it compares with any other treatment...

Mortgage lending tightens for self-employed, immigrants
Canadas hot housing market and record levels of household debt are a concern far beyond just the Ottawa offices. Here's what lenders are doing about it...

Romney Batters Newt on Freddie Mac Connection
who has mercilessly railed on the former speaker for his connection to the much-maligned government..

Greek church leader says austerity 'fatal'
The leader of Greece's Orthodox Church on Thursday warned rising poverty in the crisis-hit country could trigger a "social explosion," as the government raced to push through more cost-cutting reforms needed to conclude debt deals and avoid a default in March...

Lust for life
"Working and saving hard for a..

Morning Reads for Thursday, February 2nd
Here in Georgia - Baker has added a new feature to That's Just Peachy . - Just so you know, don't ask Herman Cain questions about 9-9-9 . - Speaking of Cain, when he wants to talk strategy with you , you should probably run in the other direction...

Senate OK's bill barring Congress from insider trading
The Senate overwhelmingly passed legislation yesterday to explicitly prohibit members of Congress and their staffs from financially profiting from insider information, a rare bipartisan effort that is expected to be addressed in the House next week...

GOP field not focused on unemployed
In Nevada, where GOP caucuses will be held Saturday, the 12.6 percent unemployment rate is the highest in the nation...

Looser mortgage lending raises worries
Financial institutions appear to be cracking down on rules for borrowers with self-declared income, a move that comes as Finance Minister Jim Flaherty said hes concerned about a lack standards in the sector..

Genworth shortlists joint
SYDNEY Jan 30 (Reuters) - Genworth Financial Inc is close to appointing joint lead managers for its planned A$800 million ($850 million) float of its Australian lenders..

Concerns with the CBO
The inquiries of the Congressional Budget Office, which haven't been made public, concern the CBO's analyses of some of Washington's most complex and controversial measures, including bills on financial regulation, health care, small-business lending and efforts to aid the housing market, said people familiar with the matter...

Mayor Brown Leads Groundbreaking for Walden Park Senior Complex Rehab Project
Buffalo Mayor Byron W. Brown joined a number of dignitaries on Thursday to break ground for the rehabilitation of the Walden Park Senior Housing Complex in Buffalo...

Revestor Launches Mortgage Rate Table
SAN FRANCISCO, CA-- - Revestor , a real estate search engine for home buyers and real estate investors to find homes for sale by the highest potential returns, announced the release of mortgage rates . ...

HSH.com Weekly Mortgage Rate Radar: Tiny Drop Leads to New Record Low for Fixed Rates
HSH.com releases its latest Weekly Mortgage Rate Radar showing little movement in mortgage rates from the previous week. The Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates for the two types of loans moved ...

HSH.com Weekly
HSH.com releases its latest Weekly..

Shake-Up at Great Oak
Former Great Oak Lending CEO Josh Shein announced this week that he has resigned from the Baltimore-based company but will stay in the reverse..

Mortgage applications dipped last week: MBA - Reuters

Daily News Corner

Mortgage applications dipped last week: MBA
Reuters
| NEW YORK (Reuters) - Applications for US home mortgages slipped last week, even as interest rates also eased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, .
Mortgage Applications Down Nearly 3 Percent Last WeekRisMedia.com (press release)
Mortgage Application Volume Fell 2.9% Last Week - MBAWall Street Journal (India)
Mortgage Applications Decrease AgainLoanSafe
NASDAQ
all 42 news articles »
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Groups try to anchor Obama in 'swamp'
As Republican candidates attack one another on the campaign trail, Republican outside spending groups are taking aim at President Barack Obama over failed energy company Solyndra...

Activists protest at Bank of America branch - Detroit Free Press

Press TV

Activists protest at Bank of America branch
Detroit Free Press
The protest was organized by members of Occupy Our Homes, an Occupy movement spin-off that focuses on foreclosures and mortgage company practices. / Photos by REGINA H. BOONE/Detroit Free Press By Tammy Stables Battaglia Dave Kirby, 36, .
A homeowner who fought foreclosure and wonKansas City Star
If you're about to lose your home EURChicago Tribune
Detroit couple avoids eviction thanks to Occupy movementThe Grio

all 20 news articles »
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Ally Financial Leads U.S. Industry in Consumer and Dealer Auto Financing
DETROIT, Feb. 3, 2012 /PRNewswire/ -- Ally Financial ranked number one in financing consumer auto sales in the U.S., according to AutoCount by Experian Automotive. Ally accounted for more than one in ...

T. Rowe Buying Facebook
T. Rowe Price Group Inc. (TROW) has posted a profit every quarter since going public in 1986, in part because the firm sat out the dot-com boom in the 1990s and scaled back..



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