mortgage lender chicago Walking Away From Your Mortgage ? On Principle - FOXBusiness FOXBusinessWalking Away From Your Mortgage ? On PrincipleFOXBusinessFrom th

Walking Away From Your Mortgage ? On Principle - FOXBusiness

FOXBusinessWalking Away From Your Mortgage ? On PrincipleFOXBusinessFrom the lender's perspective, the homeowner is still employed and thus can technically “afford” the mortgage. From the homeowner's perspective, ...and more »

Mortgage fraud flourishes - Philadelphia Inquirer

Mortgage fraud flourishesPhiladelphia InquirerThe institute collects and provides data - suspicious-activities reports, or SARS - to subscribers, including mortgage lenders. ...Va. ranks in Top 10 for mortgage fraudRichmond Times DispatchEditorial: Mortgage-fraud crackdownProvidence Journalall 3 news articles »

ORIX USA Acquires RED CAPITAL GROUP - MarketWatch (press release)

ORIX USA Acquires RED CAPITAL GROUPMarketWatch (press release)Red Mortgage Capital, LLC is a Fannie Mae DUS(R) lender. Since its formation in 1990 as a subsidiary of Banc One Corporation, RED CAPITAL GROUP has ...and more »

Mortgage Holders Owing More Than Homes Are Worth Rise to 23% - BusinessWeek

Mortgage Holders Owing More Than Homes Are Worth Rise to 23%BusinessWeekIts mortgage figures come from information filed with individual counties. To contact the reporter on this story: Brian Louis in Chicago at ...and more »

Strategic Default Outpaces HAMP Modifications - Post Chronicle

National Mortgage Professional MagazineStrategic Default Outpaces HAMP ModificationsPost ChronicleIn December 2009, the average homeowners surveyed said the probability that a lender will go after a borrower is 56 percent, as compared to 54 percent ...Strategic Default Outdoes HAMP AdjustmentsThaindian.comall 5 news articles »

Million-dollar homes are falling prey to foreclosure - USA Today

Million-dollar homes are falling prey to foreclosureUSA TodayOne difference in the high-end market is that lenders are willing to do more to head off foreclosure by renegotiating the loan or accepting a short-sale ...and more »

Chicago Federal Reserve Failed to Halt Speculative Bank Lending - BusinessWeek

Chicago Federal Reserve Failed to Halt Speculative Bank LendingBusinessWeekColumbus, Indiana-based Irwin Union Bank and Trust almost tripled in size from 2000 to 2005 as it extended credit to subprime mortgage borrowers with ...and more »

Bank leader brings change - Port Huron Times Herald

Bank leader brings changePort Huron Times HeraldIn the month before it closed, for instance, it received just three mortgage applications, Provost said. "That's not a lot of business," he said. ...First Michigan eyes banking's big leagues: Financier Ross backs growth planCrain's Detroit Businessall 2 news articles »

Keep Your Home: Loan Modification Workshop – Saturday, May 15 - eNews Park Forest

Keep Your Home: Loan Modification Workshop – Saturday, May 15eNews Park ForestCountry Club Hills, IL–(ENEWSPF)– On Saturday, May 15 from 9 am to noon, the Chicago Community Trust and affiliates, in collaboration with the Illinois ...and more »

A Closer Look at Europe and the Fed's Central Bank Swap Program - Wall Street Journal (blog)

Washington PostA Closer Look at Europe and the Fed's Central Bank Swap ProgramWall Street Journal (blog)He adds that some borrowers in money markets are beginning to take shorter-term loans from lenders because of fears among lenders about being exposed for ...Fed's Plosser Says Dodd Bill Would Encourage BailoutsBusinessWeekall 796 news articles »