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Biggest Mortgage Lenders in Q2 2014
DALLAS, Aug. 19, 2014 /PRNewswire/ Home lenders saw a healthy quarter-over-quarter increase in mortgage production -- with some companies making bigger gains than others. There was jockeying for position among the top-10 players. Based on data collected ...
money.msn.com/business-news/article.aspx?feed=PR&Date=20140819&ID=17867440

U.S. mortgage applications rise in latest week -MBA
NEW YORK, Aug 20 (Reuters) - Applications for U.S. home mortgages rose last week as demand for refinancing increased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity ...
money.msn.com/business-news/article.aspx?feed=OBR&Date=20140820&ID=17870832

APNewsBreak: B ofA reaches $17B settlement with US
WASHINGTON (AP) - How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar.
money.msn.com/business-news/article.aspx?feed=AP&date=20140820&id=17872873

BofA in $16.5 bln deal with U.S. over mortgage bonds -source
WASHINGTON, Aug 20 (Reuters) - Bank of America Corp is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold in the run-up to the financial crisis, in a deal that could be announced as early ...
money.msn.com/business-news/article.aspx?feed=OBR&date=20140820&id=17873051

Why Bank of America deal might not cost it $17B
WASHINGTON (AP) - How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar.
money.msn.com/business-news/article.aspx?feed=AP&date=20140820&id=17872896

Sale of German mortgage bank Westimmo enters next phase -EAA
DUESSELDORF, Germany, Aug 20 (Reuters) - German 'bad bank' Erste Abwicklungsanstalt (EAA), which has been tasked with winding down assets of failed German lender WestLB, said on Wednesday it expected interested parties to make concrete offers for mortgage ...
money.msn.com/business-news/article.aspx?feed=OBR&Date=20140820&ID=17870737

Mortgage Rates Mixed
30-year fixed-rate mortgage (FRM) averaged 4.14 percent with an average 0.7 point for the week ending August 7, 2014, up from last week when it averaged 4.12 percent. A year ago at this time, the 30-year FRM averaged 4.40 percent. 15-year FRM this week ...
money.msn.com/business-news/article.aspx?feed=MW&Date=20140807&ID=17842364

Bankrate: Mortgage Rates Only Slightly Changed
NEW YORK, Aug. 7, 2014 /PRNewswire/ -- Mortgage rates were little changed once again this week, extending the recent trend. The benchmark 30-year fixed mortgage rate nosed higher to 4.29 percent, according to Bankrate.com's weekly national survey.
money.msn.com/business-news/article.aspx?feed=PR&Date=20140807&ID=17841273

U.S. credit union agency's lawsuits over toxic debt survive appeal
Aug 20 (Reuters) - A U.S. appeals court has handed a major victory to a federal regulatory agency suing big banks over the sale of toxic mortgage-backed securities to since-failed credit unions, ruling that the lawsuits were not filed too late. The 10th U ...
money.msn.com/business-news/article.aspx?feed=OBR&Date=20140820&ID=17872247

Fixed Mortgage Rates Edge Lower
30-year fixed-rate mortgage (FRM) averaged 4.12 percent with an average 0.6 point for the week ending August 14, 2014, down from last week when it averaged 4.14 percent. A year ago at this time, the 30-year FRM averaged 4.40 percent. 15-year FRM this ...
money.msn.com/business-news/article.aspx?feed=MW&Date=20140814&ID=17859602

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