Your only mortgage loan news source! Click on each item to read full story.   UMH Properties, Inc. Announces New Mortgage Loan read story FREEHOLD, N.J., Feb. 3, 2012 /PRNewswire/ -- UMH Properties, Inc. (NYSE Amex:UMH) today announced that it has entered into a new $11,400,000 mortgage loan with Bank of America, N.A. to refinance two manufactured ...   Prospect Mortgage Announces Inaugural Rookie Loan Officer Training Program read story SHERMAN OAKS, Calif., Jan. 31, 2012 /PRNewswire/ -- Prospect Mortgage, one of the nation's largest independent residential retail mortgage lenders, has launched a Rookie Loan Officer Training Program, ...   Fairway Independent Mortgage Reaches $3.6 Billion in Loan Volume for 2011 read story SUN PRAIRIE, Wis., Feb. 2, 2012 /PRNewswire/ -- Fairway Independent Mortgage Corporation, one of the country's largest mortgage bankers, had another successful year in 2011. Fairway originated $3.6 billion ...   Fitch Downgrades One Class of Banc of America Large Loan, Inc. Re-REMIC 2009-UBER2 read story Fitch Ratings has downgraded one class of Banc of America Large Loan, Inc. commercial mortgage certificate-backed certificates, series 2009-UBER2 as follows:   Mortgage Applications Down Nearly 3 Percent Last Week read story Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012. The Market Composite Index, a measure of mortgage loan application volume, …   National Family Mortgage Passes $20 Million in Peer-to-Peer Mortgage Loans Between Family Members read story BOSTON, MA-- - National Family Mortgage , America's premier peer-to-peer lending solution for home loans between relatives, today announced that it has passed $20 million in total mortgage loan originations. ...   Covenant Mortgage Lake Forest CA Announces a New Addition to its Team of Loan Officers – Tom Sebring read story Tom Sebring joins Covenant MortgageLake Forest - CA (PRWEB) February 02, 2012 Covenant Mortgage, one of Southern California’s most respected and successful mortgage lenders, announces that Tom Sebring has joined its team of loan officers.“Tom Sebring is a dynamic sales professional with an impressive record of originating mortgages for over 20 years” says Dave Hardin CEO of Covenant Mortgage.Tom ...   Mortgage rates: new record lows. Again. read story Mortgage rates drop to 3.87 percent for a fixed 30-year loan; 15-year fixed mortgage rates fall to 3.14 percent. That's the lowest in more than a half century of data.   Mortgage loan payoffs fall in Springs area read story A Colorado Division of Housing report shows that the number of mortgage loan payoffs last year in the Colorado Springs area was at its lowest point in the past 12 years - another sign of the recent slowdown in the single-family housing market.The local reduction in mortgage loan payoffs mirrors...   Rate on 30-year mortgage falls to record 3.87 pct. read story The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.