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Confused by all the Mortgage Options Here’s Help 
(ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
Source: www.bentoneveningnews.com

Home loans to Native Hawaiians nearly overtake Indian mortgages 
WASHINGTON - Mortgage lenders increased their dollar volumes of home loans to American Indians by 10 percent in 2005 - but disbursed nearly as much in loans to the smaller Native Hawaiian population, government data show.
Source: www.indiancountry.com

H&R Block loss nearly doubles on mortgage weakness 
H&R Block Inc. , the largest U.S. tax preparer, on Thursday said its quarterly loss nearly doubled, and was larger than analysts expected, as the struggles of its mortgage lending arm worsened.
Source: news.yahoo.com

Branch Offices and Loan Originators of MortgageTree Lending to Benefit From Outsourced Processing Agreement Signed With  
MortgageTree Lending, a nationwide Net BranchCompany and mortgage solutions provider, announced that it has opened thedoors to eXpertivity Mortgage Solutions Corp., a leading national providerof mortgage loan processing services. ‘We are excited about the partnershipwe have forged with the team at eXpertivity. We have always said that atMortgage Tree Lending ‘We don’t just close loans, We open
Source: www.sys-con.com

KeyCorp sells Champion Mortgage to HSBC, Fortress 
KeyCorp , a large Midwest U.S. bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain’s HSBC Holdings Plc and investment firm Fortress Investment Group LLC, so it can focus on consumer and business banking.
Source: news.yahoo.com

Fitch Rates $1.55B SASCO Mortgage P-T Ctfs, Series 2006-BC4 
NEW YORK—-Fitch rates Structured Asset Securities Corp. $1.55 billion mortgage pass-through certificates, series 2006-BC4 as follows: $1.283 billion classes A1 - A5 ‘AAA’; $61.5 million class M1 ‘AA+’; $53.6 million class M2 ‘AA’; $27.6 million class M3 ‘AA-’; $24.4 million class M4 ‘A+’; $18.1 million class M5 ‘A’; $18.1 million class M6 ‘A-’; $15.0 million class M7 ‘BBB+’; $12.6 million
Source: biz.yahoo.com

Tags: mortgages, mortgage news, online mortgage broker, mortgage rates

This entry was posted on Friday, December 1st, 2006 at 11:51 pm and is filed under Online Mortgage Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.