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Latest news
Santander U.K. Mortgage Bonds Rise in First Day (Update1)
March 8 (Bloomberg) -- Santander UK Plc’s issue of mortgage-backed securities rose in their first day of trading as investors left out of the deal paid extra to buy the securities.
Read more News Source - Bloomberg
Publish date - 17:22:33 03/08/10

Fitch Rates Southern California Edison's $500MM First & Rfdg Mortgage Bonds 'A+'
NEW YORK----Fitch Ratings has assigned an 'A+' rating to Southern California Edison's $500 million 5.5% issuance of first and refunding mortgage bonds due March 2040. The securities were priced on Monday, March 8, 2010 and are expected to settle on March 11, 2010.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 15:06:49 03/09/10

Firm starts mortgage reward scheme
Property services group Countrywide has launched a new reward scheme for mortgage customers. The group believes it is the first company in the property industry to give people who take out a mortgage or insurance policy loyalty points that can then be exchanged for discounts and vouchers.
Read more News Source - Channel 4
Publish date - 14:11:54 03/10/10

Jersey City officer accused of lying to bank to get mortgage, FBI says
Brian Ragauckas admitted to the FBI that he intentionally left his Secaucus property off the mortgage application because he thought he wouldn’t qualify for the loan if he listed it, according to the release.
Read more News Source - The Record and Herald News
Publish date - 23:54:01 03/10/10

Borrower's dilemma: pay credit card bill or mortgage?
Borrower's dilemma: pay credit card bill or mortgage?
Read more News Source - Austin American-Statesman
Publish date - 01:07:12 03/11/10

U.S. MBA Mortgage Applications Index Rose 0.5% Last Week
March 10 (Bloomberg) -- Mortgage applications in the U.S. rose for a second week, led by an increase in purchases that may indicate the renewal of a homebuyer tax credit is starting to invigorate demand.
Read more News Source - Bloomberg
Publish date - 13:25:10 03/10/10

Jersey City officer accused of lying to bank to get mortgage, FBI says
The FBI arrested a Jersey City police officer Wednesday on charges that he lied to a bank in order to score a $530,000 mortgage for a second home, federal authorities said.
Read more News Source - The Record and Herald News
Publish date - 22:58:44 03/10/10

Failed mortgage firm trustee allowed $50,000 in fees
U.S. Bankruptcy Court Judge J. Michael Deasy will approve $50,000 in legal fees for the trustee of failed mortgage brokerage businesses Financial Resources Mortgage Inc. and CL&M Inc.
Read more News Source - New Hampshire Union Leader
Publish date - 17:38:43 03/10/10

Mortgage 'Half' Payments: How Much Do They Save?
One frequent question I’m often asked is whether or not paying half of a mortgage payment twice a month versus paying a full mortgage payment once a month is actually worthwhile.
Read more News Source - The Christian Science Monitor
Publish date - 22:26:48 03/09/10

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 21:47:42 03/09/10


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