The resistance is understandable. Voters don t want their tax dollars used to help some homeowners who could afford to pay their mortgages but choose not to because they can default instead, and simply walk away. And voters don t want to ..more

Oct. 12 (Bloomberg) — Ireland s banks may warehouse portions of home loans, enabling cash-strapped borrowers to pay down a smaller sum for a period, according to a government- appointed committee s proposals to ease mortgage burdens ..more

Homeowners are being advised to lock in to a cheap mortgage now, as two-year fixed rates have fallen to their lowest level in history. Brokers expect lenders to withdraw these deals and push rates back up in coming weeks. On Tuesday, Leeds Building Society ..more

The number of buy-to-let mortgage products on the market totalled 508 in Q3, up 26% compared to the 403 deals available in Q2, according to the latest buy-to-let index from Mortgages for Business. There was one new entrant to the lending market in the last ..more

The Irish Banking Federation has defended itself against accusations that banks are not trying to help those in mortgage arrears. Chief executive of the Irish Banking Federation Pat Farrell, speaking to Kfm, said: "Over 70,000 mortgages have been ..more

The tweets were sparked mostly by a report from Defaqto which pointed out there had been a drop in the past year of buy-to-let mortgages. But adding they remain significantly higher than residential mortgages . Perhaps surprisingly ..more

VANCOUVER, Oct. 11, 2011 /CNW/ - Class actions have been launched against CIBC Mortgages Inc. ("CIBC") regarding its practices for calculating prepayment penalties on mortgages entered into since 2005. The Notice of Claim alleges that CIBC applied terms ..more

Go to the new RSS page and renew your subscription. ..more

Ozarks homeowners are losing homes they say they just found out they never truly owned. In less than three weeks 16 homes will be auctioned off on the steps of the Christian County Courthouse. The owners say they never missed a mortgage payment ..more

Even though purchase mortgage applications perked up last week, anemic was the word used by the Mortgage Bankers Association to describe the outlook for mortgage originations next year, including purchase originations, which it projects will ..more