Financing | Sun Valley Real Estate – Part 3

Category Archivefor: ‘Financing’

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Mortgage applications for purchases rose to their highest level of the year last week, the Mortgage Bankers Association reports. Purchase applications for mortgages increased 12.5 percent from one week earlier, and on an unadjusted basis, purchase application activity is the highest since last May.“ An improving job market is beginning to pave the way for …

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State and federal officials are pushing to more tightly regulate the way banks and other mortgage servicers treat struggling homeowners in a bid to stem foreclosures. Current government modification programs are largely voluntary, and there are few rules governing servicers’ practices. But on Thursday, the nation’s largest banks, including Wells Fargo & Co., Bank of …

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Save time and money by following these rules Buying a home is complex enough but when it comes to financing, you need to make sure you are as prepared as possible in order to get a loan. There are a number of mistakes you can make along the way of getting your loan approved. Here …

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KETCHUM – Four hotel and residential projects valued at $2 billion in the central Idaho resort area of Ketchum and Sun Valley that have all been approved by local officials remain stalled due to the difficult economy, developers and city leaders say. Developer Jack Bariteau wants to build a four-story, 73-room hotel called Hotel Ketchum …

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If you have been sitting on the fence trying to decide whether to buy a new house or refinance a mortgage, you should act soon. New loans are starting to get costlier. The mortgage market is facing pressures from new laws and regulations, still-declining home prices and the ongoing need for government-owned mortgage players to …

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Obama Proposal Seeks Multibillion-Dollar Settlement of Loan-Servicing Cases By NICK TIMIRAOS, DAN FITZPATRICK And RUTH SIMON The Obama administration is trying to push through a settlement over mortgage-servicing breakdowns that could force America’s largest banks to pay for reductions in loan principal worth billions of dollars. Terms of the administration’s proposal include a commitment from …

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The average U.S. borrower in the throes of foreclosure hasn’t made a mortgage payment in 17 months, up from nearly 11 months two years ago — and the time frame may get even longer. Banks and mortgage servicers, who collect payments for lenders, are taking more time to complete foreclosures because of huge volumes of …

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The Federal Housing Administration is increasing its annual mortgage insurance premium one quarter of one point on all 15-year and 30-year mortgages backed by the agency. The hike is in response to a congressional mandate that gave the FHA permission to increase premiums and keep its insurance fund liquid. The higher premiums also were outlined …

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REUTERS: Mon Feb 14, 2011 7:11pm EST * MERS not agent of banks in foreclosures, court rules * Rulings against MERS could add to foreclosures * MERS says ruling misinterpreted law NEW YORK, Feb 14 (Reuters) – A company that tracks roughly half of all U.S. home loans has no right to transfer mortgages, a …

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Big news in the real estate world today! Fannie/Freddie On Chopping Block –The white house came out with their mortgage reform options today, including the shut-down of Fannie/Freddie. There is a lot of analysis going on, here’s some from CNBC / CNN / WSJ The Obama administration laid out three broad options Friday for reducing …

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New VantageScore 2.0 Credit Scoring System May Help People Who’s Credit Has Been Impacted Or Damaged By Recent Economic Downturn STAMFORD, Conn., Jan. 20, 2011 – VantageScore Solutions announced today that the latest version of its credit scoring model, VantageScore® 2.0, is now available to financial institutions in a production environment from each of the …

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Aly Chiman

Aly Chiman is a Blogger & Reporter at AlyChiTech.com which covers a wide variety of topics from local news from digital world fashion and beauty . AlyChiTech covers the top notch content from the around the world covering a wide variety of topics. Aly is currently studying BS Mass Communication at University.

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