Fewer mortgages are in default
August 26th, 2010
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Fewer mortgage borrowers are delinquent on their loan payments, according to the latest data from the Mortgage Bankers Association.
Archive
Posts Tagged ‘Mortgage Borrowers’
20% of mortgages are underwater
August 9th, 2010
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More than 20% of the nation's mortgage borrowers owe more than their homes are worth.
Oil spill victims get a break on mortgage payments
June 16th, 2010
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Mortgage borrowers hurt by the Gulf oil spill may qualify for temporary relief from paying their mortgages, without fear of losing their homes.
Categories: Economy, Interest Rates, Mortgage's, Refinance Break, Fear, Gulf Oil, Mortgage Borrowers, Mortgage Payments, Mortgage's, Oil Spill, Temporary Relief
Winning the mortgage modification lottery
April 6th, 2010
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When Bank of America announced last week that it would begin cutting loan balances for distressed mortgage borrowers, it marked a sea change in the way lenders deal with seriously delinquent loans.
Nearly 25% of all mortgages are underwater
February 24th, 2010
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More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they more on their loans than their homes are worth.
Categories: Economy, Interest Rates, Mortgage's, Refinance Bad News, Bust, Loans, Mortgage Borrowers, Mortgage's
Mortgage loans: Record number are late
November 19th, 2009
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Mortgage borrowers are still falling behind on their payments in record numbers, despite the many foreclosure prevention efforts initiated by the government and non-profits.
Half of mortgage borrowers will be ‘underwater’
August 6th, 2009
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Nearly half the nation's mortgage borrowers will soon owe more on their mortgages than their homes are worth, according to a new report.