The delinquency rate of first-lien residential mortgages increased to 8.44 percent of all loans outstanding as of the end of the second quarter of 2011, the Mortgage Bankers Association (MBA) reported Monday.
“While overall mortgage delinquencies increased only slightly between the first and...
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Thirty-Year Rates Edge Up to Three-Week High
Data released by Freddie Mac Thursday shows that amid mixed economic reports and ongoing debate over the nation’s debt, the average rate for a 30-year fixed mortgage edged up ever so slightly this week but hit its highest mark in three weeks. Rates...
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In a 7-1 vote on Wednesday, the California Senate Banking, Finance, and Insurance Committee approved a measure that would better protect homeowners in the Golden State who are at risk of foreclosure.
SB 1275: Homeowners Bill Of Rights was authored by Sens. Mark Leno (D-San Francisco) and...
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