LPS' July Mortgage Monitor Report: Foreclosure Starts Increase; Late-Stage Delinquencies Lead Rise
The July Mortgage Monitor report released by Lender Processing Services, Inc. shows that foreclosure starts are on the rise, with seriously delinquent loans â those six or more months delinquent â dominating new foreclosure actions.
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Mortgage rates hit record low: Freddie Mac
U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.
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Mortgage Bankers group spent $745K lobbying in 2Q
The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system.
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Foreclosure program losing its punch
The president's signature foreclosure rescue plan is losing its punch, according to a federal report released Friday.
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Free foreclosure workshops offered at HFCL
DEARBORN -- The Dearborn Public Library is partnering with the Wayne County Fight Mortgage Foreclosure Program to present free workshops on Thursdays in September and October for people needing financial counseling in order to keep their houses .
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