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New york Mortgage News






New York Mortgage Rates at 4.26% - TheStreet.com

New York Mortgage Rates at 4.26%
TheStreet.com
01/30/12 - 03:02 PM EST New York (Rate Wire) -- The benchmark 30-year fixed mortgage rate in NY has moved down over the last year. In our year-ago review on Feb. 4 the rates averaged 4.97%; this week the average stands at 4.26%, a drop of 71 basis ...

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Mortgage Settlement Deadline Comes Friday: Report - TheStreet.com

Portfolio.com

Mortgage Settlement Deadline Comes Friday: Report
TheStreet.com
By Shanthi Bharatwaj 01/31/12 - 10:49 AM EST NEW YORK (TheStreet) -- States have until February 3 to join a nationwide settlement with banks over allegedly deceptive foreclosure practices, according to press reports. The 50 state attorneys general have ...
States to decide this week on mortgage dealReuters
Stalled $25B civil settlement with big lenders may conclude this weekAGBeat
State Attorney Generals Set to Sign Proposed Mortgage Abuse Settlement with BanksKCSG
NEWS.GNOM.ES (press release)
all 33 news articles »



Ally To Take $270 Million Charge In 4Q For Foreclosure Matters - Wall Street Journal

Ally To Take $270 Million Charge In 4Q For Foreclosure Matters
Wall Street Journal
By Andrew R. Johnson NEW YORK (Dow Jones)--Ally Financial Inc., one of the mortgage servicers in discussions with state and federal officials over a settlement of alleged foreclosure abuses, said Tuesday it will record a charge of about $270 million in ...

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Mortgage Accord, Debt Collection Settlement, Foreign Bribes: Compliance - Bloomberg

Mortgage Accord, Debt Collection Settlement, Foreign Bribes: Compliance
Bloomberg
New York attorney general Eric Schneiderman, who's joining federal agencies to investigate the bundling of mortgage loans into securities sold to investors, said in an interview last week that the releases in the proposed foreclosure settlement will ...

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Freddie Mac: A mess, and likely to stay that way - CNNMoney

NY1

Freddie Mac: A mess, and likely to stay that way
CNNMoney
By Chris Isidore @CNNMoney January 30, 2012: 5:55 PM ET NEW YORK (CNNMoney) -- It's not tough to find critics of Freddie Mac and Fannie Mae on either the right or the left. But there has been little progress made in rehabilitating the mortgage giants.
Corker: Obama's Principal Write-down Proposal For Underwater Home Mortgages Is ...The Chattanoogan
ProPublica's Off Base Charges About Freddie Mac's Mortgage “Bets”EconoMonitor (blog)
Newt Gingrich: Part of the problem in NevadaPR NewsChannel (press release)
NY1
all 194 news articles »



Taibbi on Schneiderman's task force—plus a primer on mortgage fraud - AMERICAblog (blog)

PolitickerNY

Taibbi on Schneiderman's task force—plus a primer on mortgage fraud
AMERICAblog (blog)
Further in the article Taibbi also discusses New York AG Eric Schneiderman and the bank fraud task force proposed by Obama in his State of the Union address. The Schneiderman appointment raised a lot of questions. Is he selling out?
NY Attorney General Eric Schneiderman Says State Was Incubator for Foreclosure ...WNYC
Feds Launch Mortgage Task Force InvestigationHousing Predictor
Eric Schneiderman: Hero or Goat?Huffington Post (blog)
Kansas City Star -The Nation. (blog) -Corporate Counsel
all 28 news articles »



NY AG Schneiderman backs expanded mortgage probe - Wall Street Journal

Los Angeles Times

NY AG Schneiderman backs expanded mortgage probe
Wall Street Journal
AP ALBANY, NY — Attorney General Eric Schneiderman on Wednesday promised to keep investigating the collapse of mortgage-backed securities that contributed to the national economic downturn, praising President Barack Obama's creation of a new ...
Banks square in mortgage fraud crosshairs againmsnbc.com
Obama picks New York AG Schneiderman to lead national mortgage-abuse probeThe Journal News | LoHud.com
President taps New York's Eric Schneiderman to mortgage crisis investigation unitThe Saratogian
Business Insider -Los Angeles Times
all 532 news articles »



Monthly Home Sales Jump in New York, 2011 Sales Fall Short - LoanRateUpdate

Monthly Home Sales Jump in New York, 2011 Sales Fall Short
LoanRateUpdate
Monthly sales of existing single-family homes in New York made a comeback in December with homes sales increasing by over 10 percent for the month, but it still wasn't enough to push 2011′s sales above the previous year's according to the latest ...
New York State 2011 Home Sales 3.9 Percent off 2010 Pace; Statewide Median ...MarketWatch (press release)
State's housing market slowed in 2011Rochester Democrat and Chronicle
New York 2011 home sales off pace, prices stabilizeHousing Wire
Poughkeepsie Journal
all 19 news articles »



JPMorgan Sued by DZ Bank Over Mortgage-Backed Securities - Bloomberg

JPMorgan Sued by DZ Bank Over Mortgage-Backed Securities
Bloomberg
(JPM) was sued by DZ Bank AG in New York over residential mortgage-backed securities. To contact the reporter on this story: Chris Dolmetsch in New York at cdolmetsch@bloomberg.net To contact the editor responsible for this story: Andrew Dunn at ...




New York AG: Settling Foreclosure Case Won't Hurt Mortgage Probe - Wall Street Journal

USA TODAY

New York AG: Settling Foreclosure Case Won't Hurt Mortgage Probe
Wall Street Journal
By Alan Zibel WASHINGTON (Dow Jones)--New York Attorney General Eric Schneiderman expressed confidence Friday that his main concern with a pending settlement of alleged foreclosure abuses by US banks would be resolved, but he didn't commit to ...
New federal crime unit to police home mortgage fraudUSA TODAY
Obama's Mortgage Fraud Unit FormsTheStreet.com
New group to probe origins of housing bubbleElmira Star-Gazette
Tucson Citizen -New York Post -New York Times
all 377 news articles »




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