Mortgage News

The mortgage market is a key part of the US economy, as demonstrated by the subprime controversy of 2007 and 2008. To stay up-to-date on this important topic, sign up for the Wiser mortgages news email. The mortgage industry is large with many lenders involved in both the personal residential part of the market, and in providing mortgage loans to business. The number of products is also vast, and includes fixed-rate mortgages and adjustable-rate mortgages. And it is a regulated industry. The regulations aim to protect the interests of mortgage holders as well as to maintain a mortgage market that is stable and healthy. Ongoing changes in the banking sector will continue to have an impact on the market, as will the US economy as it continues to recover from the 2008 financial crisis which was partly caused by bad mortgage lending practices. The Wiser mortgages news email covers the latest movements in interest rates, analysis, and news regarding mortgage providers. If you are interested in mortgages, it will become your go-to resource for the latest news and information, so register today.

Recent Mortgage News Coverage
 
Your Weekly Recommendations Tuesday, November 21, 2017
 
Recommended for you
Real Estate Agents Mobilize to Shield Homeowners on Tax Plan
The New York Times • Ben Casselman, Conor Dougherty
As note ban impact fades, NBFC-MFI portfolio improves
Business Standard • Nikhat Hetavkar
In One Chart: Why the hunt for yield is so desperate for bond investors, in 2 charts
MarketWatch • Sunny Oh
Some SA credit unions see auto loan delinquencies rise
The Business Journals • Kristen Mosbrucker
New OCC pick raises questions for online lenders
GlobalCapital • Sasha Padbidri
RBNZ to review mortgage collateral standards
GlobalCapital • Bill Thornhill
California Resources Corporation: Examining Its Share Issuance
Seeking Alpha • Open Square Capital
Sales of existing US homes fall for second-straight month
The Real Deal New York • Lexi
Miami condo lowers deposits to 20%, pursues domestic buyers
The Business Journals • Brian Bandell
7th Pay Commission: Government Employees To Get 3 Times More Loan Amount Under House Building Advance Scheme
India.com • India.Com News Desk
 
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Finance, Mortgages
Real Estate Agents Mobilize to Shield Homeowners on Tax Plan
The New York TimesBen Casselman, Conor Dougherty
For decades, the real estate industry has benefited from generous tax deductions that raise home values by making it cheaper for people to own property and shoulder their local taxes. Now, as the Republican tax plan makes its way through Congress, the...
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Microfinance, Mortgages
As note ban impact fades, NBFC-MFI portfolio improves
Business StandardNikhat Hetavkar
With their pool of micro-finance loans vulnerable to defaults declining, non-banking finance companies – micro finance institutions (NBFC-MFIs) have started recovering from the impact of demonetisation. The portfolio of loans at risk (PAR) with dues over 30 days declined to 5.41 per...
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Bank of America, Finance
In One Chart: Why the hunt for yield is so desperate for bond investors, in 2 charts
MarketWatchSunny Oh
Everett Collection The lot of a bond fund manager is a tough one. Asset buying by global central banks is blamed for pressing bond yields to historic lows, while leaving prices so lofty that investors stand to gain very little for the...
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Currencies, Federal Reserve
Some SA credit unions see auto loan delinquencies rise
The Business JournalsKristen Mosbrucker
The Federal Reserve Bank of New York keeps tabs on the auto loan markets across the U.S. — here's how San Antonio financial institution loan portfolios have fared.
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Mortgages
New OCC pick raises questions for online lenders
GlobalCapitalSasha Padbidri
The Senate last week confirmed Joseph Otting as head of the Office of the Comptroller of the Currency (OCC), but his background in community banking raises questions for the future of online lender-bank partnerships, and raises new questions about the proposed special...
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Federal Reserve, Foreclosure
RBNZ to review mortgage collateral standards
GlobalCapitalBill Thornhill
The Reserve Bank of New Zealand (RBNZ) has published a consultation document setting out proposals to improve the quality of mortgages that secure bonds used for repo purposes. The move should improve liquidity for domestic banks, but siphoning off only the best...
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Bank of America, Mortgages
California Resources Corporation: Examining Its Share Issuance
Seeking AlphaOpen Square Capital
Summary CRC finalizes the 2017 Credit Facility to refinance its 2014 Credit Facility. CRC concurrently announces an Equity Distribution Agreement with Morgan Stanley to potentially sell 6M shares. Equity issuance to potentially acquire unsecured debt reduces interest expense, thereby offsetting increased interest...
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Mortgages, Real Estate
Sales of existing US homes fall for second-straight month
The Real Deal New YorkLexi
Existing-home sales fell year-over-year for the second-straight month in a row a seasonally adjusted rate of 5.48 million in October, according to the National Association of Realtors. But the slowdown is more the result of a dearth of homes for sale than...
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Mortgages, Personal Finance
Miami condo lowers deposits to 20%, pursues domestic buyers
The Business JournalsBrian Bandell
The developer of the Canvas condominium in Miami’s Arts & Entertainment District has lowered the deposit requirement to 20 percent for domestic buyers as it aims to leverage Fannie Mae loans to attract end-users. Most condo projects in Miami cater to foreign...
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Mortgages
7th Pay Commission: Government Employees To Get 3 Times More Loan Amount Under House Building Advance Scheme
India.comIndia.Com News Desk
New Delhi, November 21: For central government employees waiting for their salary hike under the 7th Pay Commission will also get an offer of three times more house building advance loans (HBA). Chandigarh Tribune reported that the Centre has approved Rs 25...
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