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News :

The PI Week In Review
Progress Illinois
Illinois is third in the nation when it comes to mortgages in foreclosure: According to Mortgage Bankers Association data, 6.9 percent of all Illinois home loans are in foreclosure. We looked Friday at recent reports about a conservative Super PAC's ...

and more »


FHA Mortgages For Condos : Guidelines About To Loosen?
The Mortgage Reports
For buyers of condominiums in places like Chicago, Illinois; New York City, New York; or Minneapolis, Minnesota, the FHA's popular 3.5% low-downpayment mortgage program has been elusive. Because of the FHA's strict condo requirements, few buildings are ...

and more »


Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
As a result, Arizona has the second highest percentage of mortgages that are underwater at 48% -- just behind national leader Nevada. That has prompted many Arizonans to walk away from their mortgage payments. 5. Illinois -- 7.87% of outstanding ...



Illinois third in foreclosures despite national improvement
Morris Daily Herald
By Mary Ellen Podmolik ? Chicago Tribune (MCT) ? Foreclosure starts in Illinois are on par with those in other areas, but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of mortgage ...

and more »


Foreclosures in Illinois bogged down
Chicago Tribune
Foreclosure starts in Illinois are on par with those in other areas, but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of mortgage loans on one- to four-unit residential properties ...

and more »


Foreclosures: Illinois 3rd Despite National Improvement
HispanicBusiness.com
oreclosures starts in Illinois are on par with those in other areas but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of all one-to-four-unit mortgage loans in Illinois were in ...

and more »


Illinois Swamped With Foreclosures
Progress Illinois
The Prairie State is third in the nation when it comes to mortgages in foreclosure, with 6.9 percent of all Illinois home loans in foreclosure, according to Mortgage Bankers Association data. The figure is largely due to a woefully backlogged ...

and more »


US Mortgage Delinquency Rate Falls To Lowest Since 2008
Financial Advisor Magazine
(Bloomberg News) The US mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an improving job market helped more borrowers pay their bills and tighter lending standards resulted in fewer defaults.

and more »


Judicial States Continue to Skew Foreclosure Statistics
Mortgage News Daily
by Jann Swanson There were substantial improvements in delinquency rates during the first quarter of 2012 according to the National Delinquency Survey for the period released this morning by the Mortgage Bankers Association.

and more »


Chicagoist

Illinois Third Worst State For Foreclosures
Chicagoist
New data released Wednesday shows while the national foreclosure rate is the lowest its been since 2008, Illinois ranks third from the bottom with almost 7.5 percent of all mortgage loans in delinquency. According to the Mortgage Bankers Association's ...

and more »


The PI Week In Review
Progress Illinois
Illinois is third in the nation when it comes to mortgages in foreclosure: According to Mortgage Bankers Association data, 6.9 percent of all Illinois home loans are in foreclosure. We looked Friday at recent reports about a conservative Super PAC's ...

and more »


FHA Mortgages For Condos : Guidelines About To Loosen?
The Mortgage Reports
For buyers of condominiums in places like Chicago, Illinois; New York City, New York; or Minneapolis, Minnesota, the FHA's popular 3.5% low-downpayment mortgage program has been elusive. Because of the FHA's strict condo requirements, few buildings are ...

and more »


Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
As a result, Arizona has the second highest percentage of mortgages that are underwater at 48% -- just behind national leader Nevada. That has prompted many Arizonans to walk away from their mortgage payments. 5. Illinois -- 7.87% of outstanding ...



Illinois third in foreclosures despite national improvement
Morris Daily Herald
By Mary Ellen Podmolik ? Chicago Tribune (MCT) ? Foreclosure starts in Illinois are on par with those in other areas, but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of mortgage ...

and more »


Foreclosures in Illinois bogged down
Chicago Tribune
Foreclosure starts in Illinois are on par with those in other areas, but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of mortgage loans on one- to four-unit residential properties ...

and more »


Foreclosures: Illinois 3rd Despite National Improvement
HispanicBusiness.com
oreclosures starts in Illinois are on par with those in other areas but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of all one-to-four-unit mortgage loans in Illinois were in ...

and more »


Illinois Swamped With Foreclosures
Progress Illinois
The Prairie State is third in the nation when it comes to mortgages in foreclosure, with 6.9 percent of all Illinois home loans in foreclosure, according to Mortgage Bankers Association data. The figure is largely due to a woefully backlogged ...

and more »


US Mortgage Delinquency Rate Falls To Lowest Since 2008
Financial Advisor Magazine
(Bloomberg News) The US mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an improving job market helped more borrowers pay their bills and tighter lending standards resulted in fewer defaults.

and more »


Judicial States Continue to Skew Foreclosure Statistics
Mortgage News Daily
by Jann Swanson There were substantial improvements in delinquency rates during the first quarter of 2012 according to the National Delinquency Survey for the period released this morning by the Mortgage Bankers Association.

and more »


Chicagoist

Illinois Third Worst State For Foreclosures
Chicagoist
New data released Wednesday shows while the national foreclosure rate is the lowest its been since 2008, Illinois ranks third from the bottom with almost 7.5 percent of all mortgage loans in delinquency. According to the Mortgage Bankers Association's ...

and more »

News :

Borrowers pass up foreclosure review
KPLC-TV
(Source: CNN) (CNN) - Borrowers are passing up the chance to have their foreclosure cases checked for mistakes. An article in the USA Today highlights the matter. The review could help people get hundreds of thousands of dollars in restitution.



CBS 3 Springfield - WSHMBorrowers pass up foreclosure review
WSHM-TV
(Source: CNN) (CNN) - Borrowers are passing up the chance to have their foreclosure cases checked for mistakes. An article in the USA Today highlights the matter. The review could help people get hundreds of thousands of dollars in restitution.

and more »


Borrowers pass up foreclosure review
WGCL Atlanta
(Source: CNN) (CNN) - Borrowers are passing up the chance to have their foreclosure cases checked for mistakes. An article in the USA Today highlights the matter. The review could help people get hundreds of thousands of dollars in restitution.

and more »


KCTV 5Borrowers pass up foreclosure review
KCTV Kansas City
(Source: CNN) (CNN) - Borrowers are passing up the chance to have their foreclosure cases checked for mistakes. An article in the USA Today highlights the matter. The review could help people get hundreds of thousands of dollars in restitution.

and more »


Lawyers prey on foreclosure-facing homeowners in San Fernando Valley...
Los Angeles Daily News
Breen is among more than 1000 potential victims of attorneys across the state who are targeting homeowners facing foreclosure as part of the fallout of the mortgage crisis that began in 2007. These attorneys charge fees with the promise of stopping the ...

and more »


Decreases seen in mortgage delinquencies
Home Channel News
Foreclosures are not improving at the same rate, however. The percentage of loans in the foreclosure process as of March 31, 2012 was 4.4%, relatively unchanged from the previous quarter and down one basis point from 4.5% a year ago.



New York Hearings on 'Forced' Insurance in Foreclosure
Insurance Journal
In some cases, the premiums are ?exponentially higher? than regular homeowners insurance and can push homeowners into foreclosure, Department of Financial Services Superintendent Benjamin Lawsky said last Thursday at the start of public hearings on ...

and more »


Foreclosure Threatens Hopkins Church
CBS Local
The West Oaks Community Church in Hopkins is facing the threat of foreclosure. The sanctuary of West Oaks Community Church is where its members find faith. It is the place they pray for the impossible, and it's also where they're trying to make their ...



Church That Supported Marriage Equality At Risk Of Foreclosure
Lez Get Real
According to Reverend Oliver White, the pastor at Grace Community United Church of Christ in St. Paul, ?Technically, we should be packing.? The church is likely to default on a high interest loan that they took out. On 1 June, the church will default ...

and more »


Washington Times

Housing deal bust upsets Fairfax County supervisors
Washington Times
By David Sherfinski Fairfax County lost about $2.4 million on a Reston housing complex that went into foreclosure several years ago - news that was not formally relayed to the county's Board of Supervisors until this year. ?You don't lose [that amount] ...



LA Lakers beat Oklahoma City in NBA playoff series
EOTM! Online (blog)
Kobe Bryant shot a perfect 18-of-18 from the free-throw line and had a game-high 36 points as the Los Angeles Lakers beat Oklahoma City 99-96 to hand the Thunder their first loss of the 2012 playoffs. Pau Gasol finished with 12 points, 11 rebounds and ...

and more »


News9.com - Oklahoma City, OK - News, Weather, Video and Sports | Political ...
news9.com KWTV
Rubio and Rivera made only partial payments on that mortgage for five months in 2010; at that time, he held jobs as a consultant and professor. Rubio has said the missed payments were due to a dispute over the terms of the mortgage.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


Oklahoma bank to open branch in Wichita Walmart
Kansas.com
City National will be the third bank with Oklahoma ties to operate in the market. South Hutchinson-based Bank of Kansas, which operates two Wichita branches, is owned by Southwest Bancorp of Stillwater, and Tulsa-based Bank of Oklahoma Mortgage Group ...

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
DigitalJournal.com (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Virtual-Strategy Magazine
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

and more »


Oklahoma City developers hear capital calling
NewsOK.com
Commercial mortgage-backed securities are making a comeback as funding streams for commercial real estate development, and developers, brokers and others lie in wait. By Richard Mize | Published: May 17, 2012 Leave a comment ?CMBS is back? ? virtually ...



Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Oklahoma chose not to participate in the program at all. Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills.

and more »