Untitled

Mortgage Rates Still Waiting for Bigger News

BY: MATTHEW GRAHAM Mortgage Rates Still Waiting for Bigger News Decrease Font SizeTextIncrease Font Size Sep 2 2015, 5:53PM Mortgage rates were almost flat again today. Most lenders were just a hair higher in costs vs yesterday. The most prevalent conventional 30yr fixed quote remains 4.0% for top tier scenarios, but 3.875% is still available. In general, the bond markets that drive mortgage rates…

2013 Review and 2014 Forecast – Part I: The Last Bubble

Photo Credit: Glenn Cantor

• Stock market crash, right on schedule. Time to Short? • Is the Yellen Fed doing a Roy Young? • China’s Great Wall of Money crumbles. Who will be America’s IMF this time? • Why do they call them Emerging Markets? Because it’s hard to get your money out in an Emergency. • Gold says, “I’m not dead yet!” What? You thought it could go on forever? The asset bubbles and…

6 Nonverbal Hacks for Your Website So it Captures Attention and Converts – Copyblogger

Written by: Vanessa Van Edwards

You have 0.05 seconds to make a good first impression online.

That’s only 50 milliseconds to hook someone — according to researchers at Carleton University.

Most important, this happens before a user reads any of your content. So, you have to capture their attention with your website’s nonverbal cues.

Do you have any of the following?

Low conversions

High bounce…

An $18 Million Lesson in Handling Credit Report Errors – NYTimes.com

Your Money By TARA SIEGEL BERNARD

  Published: August 2, 2013 254 Comments

  Steve Dykes for The New York Times

Julie Miller’s credit score topped 800, until Equifax mixed up her credit file. A jury gave her $18.4 million in damages.

        Even after sending more than 13 letters to Equifax over the course of two years, Julie Miller could not get the big credit bureau to remove a host of…

Default Mode: How Ocwen Skirts California’s Mortgage Laws

Capital and Main  | by  David Dayen Posted: 05/05/2014 2:01 pm EDT Updated: 05/05/2014 2:59 pm EDT

The following story was reported by Capital and Main and published here in collaboration with The Huffington Post.

Lost documents. Incomplete and confusing information. Mysterious fees. Payments received but not applied. Homeowners waiting for a loan modification and suddenly placed in…

Mortgage Applications Lowest Since 2000

by: Jann Swanson

  Apr 30 2014, 7:55AM

  The week ended April 25 was one of the slowest for mortgage application activity the industry has seen in years.  The Mortgage Bankers Association (MBA) said applications for both purchase mortgages and refinancing decreased and its Market Composite Index, a measure of overall mortgage applications volume, fell to its lowest level in almost 15 years.

  T…

Types of Short Sale Programs

Repost – Types of Short Sale Programs by Jonathan Katz

There are different types of short sale programs from which you can choose best suited for you. Choosing a short sale program is really critical because selection of wrong program will not only cause the rejection of short sale, but also will waste your time money and resource. There are a number of short sale programs, but keep in mind that…

The Heartbleed Bug is a serious vulnerability in the popular OpenSSL cryptographic software library. This weakness allows stealing the information protected, under normal conditions, by the SSL/TLS encryption used to secure the Internet. SSL/TLS provides communication security and privacy over the Internet for applications such as web, email, instant messaging (IM) and some virtual private…

‘Heartbleed’ Internet security bug is as bad as it sounds

By Hiawatha Bray

  The word “Heartbleed” meant nothing at the start of the week. Today it is one of the hottest topics on the Internet — a simple security bug in an obscure piece of software that could compromise the personal information of millions. And while the Internet’s biggest companies scramble to fix the problem, users had better get ready to upgrade their own security practices.

“It’s…

Second Home Market Rebounding Strongly

by: Jann Swanson Apr 7 2014, 11:33AM

Although the second home mortgage market experienced a severe decline during the housing downturn, Americans still aspire to buy second homes and have contributed to the growth of the market consistently since it hit its bottom in 2009 Fannie Mae said today.  While most mortgages are still originated to purchase or refinance owner-occupied primary residences,…

Top 10 Crowdfunding Sites For Fundraising

Forbes.com Entrepreneurs 5/08/2013 @ 9:00AM 462,637 views

Written By: Chance Barnett 

Unless you’ve been living in a remote island for the last few years, you’ve heard about crowdfunding or stories of people raising thousands or millions of dollars online.

In fact, there’s been so much chatter out there about crowdfunding that people love to throw out the line “yeah, I’ve heard there are…

5 best and worst rental return markets | 2014-04-01 | HousingWire

  Brena Swanson April 1, 2014 3:27PM

    Home prices have increased year-over-year for two years straight and do not show any signs of slowing down, the latest CoreLogic report revealed. So how does this impact the rental community and investors?

  While strong cash-flowing rentals are in many U.S. markets, rising home prices are slowly put a dent in the value.

This follow a strong rise in…

Fannie Mae and Freddie Mac must not Die: Bove

by: CNBC

Mar 25 2014, 9:46AM

The current plan to wind down Fannie Mae and Freddie Mac would result in lower housing prices for everyone. It would harm the United States economy by lowering growth. It would increase unemployment.

Despite this probability, the president and Congress seem to be intent on killing these companies – and the media and public do not seem to care. The prevalent beliefi…

Refinancing Mortgage: The Secret To Saving Thousands On Your Mortgage |

17 Mar 2014

  Finance

  Have you conducted a home loan health check lately? You might be surprised if you find out that despite getting a pretty good loan back then, there is still some room for you to save. The solution does not lie on your current home loan. What you might want to do is try to look at what’s out there for you if you wish to find ways to reduce your monthly mortgage costs.

Mortgage Rates Bounce Back; Wake-Up Call on Fee Increases!

December 20, 2013

Mortgage rates bounced back today, recovery the ground they lost in yesterday’s move to 3-month highs.  Today then, is the second worst day in 3 months, at least for those who don’t need a long lock time frame (more on that below).  4.625% continues to be the most prevalently quoted rate for ideal, conforming 30yr Fixeds…

Ocwen stock brushes off more headline risk

Easily survives spate of negative news Ben Lane March 19, 2014

Ocwen Financial Corp. (OCN) is set to pay $268 million to California residents as part of $2.1 billion settlement of a Consumer Financial Protection Bureau investigation into its servicing practices.

According to the San Francisco Business Times, the California Department of Business Oversight recently made the announcement.

Despite…