National Auto Loan Delinquency Rate Hits Lowest Level Since TransUnion Began Monitoring Variable
May 31, 2011 by
Filed under mortgage loans
National Auto Loan Delinquency Rate Hits Lowest Level Since TransUnion Began Monitoring Variable
CHICAGO, IL–(Marketwire – May 31, 2011) – According to TransUnion’s quarterly analysis of trends in the auto industry, the national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past due) reached its lowest level since TransUnion began [...]
Flood map redraw hits hundreds
May 8, 2011 by
Filed under mortgage insurance
Flood map redraw hits hundreds
About 100 properties in Thurston County soon could be added to revised flood zone maps and more than 300 properties could be removed, according to the county’s floodplain manager.
Read more on The Olympian
Mortgage rise fear as householders taking out mega loans hits pre-recession levels
March 21, 2011 by
Filed under mortgage rates
Mortgage rise fear as householders taking out mega loans hits pre-recession levels
The number of households borrowing 3.5 times their salary or more has soared to levels last seen at the height of the 2007 housing bubble.
Read more on Daily Mail
Short sale hits credit regardless of cause
March 7, 2011 by
Filed under mortgage loans
Short sale hits credit regardless of cause
Dear Real Estate Adviser, We were forced to relocate 19 months ago due to job loss. We are upside down in our mortgage on the old place and renting it out for much less than the payments.
Read more on Bankrate.com
Fear factor on borrowing hits consumers
December 1, 2010 by
Filed under mortgage loans
Fear factor on borrowing hits consumers
CONSUMERS are continuing to borrow less and are increasingly struggling to meet mortgage repayments, figures reveal.
Read more on Irish Examiner
Rising Mortgage Rates Caused By TARP – Crude Hits $75 – October 15, 2008
February 28, 2010 by
Filed under mortgage rates
FDIC loan guarantees, Fannie & Fannie buys of Toxic mortgages, and the TARP is resulting in higher yields, wider GSE Debt spreads and higher mortgage rates, which are signs that The Great Credit Crunch remains in the third inning with that one-year rain delay. The TARP is now on the infield, but covering a swamp [...]