Your only mortgage note news source!
Click on each item to read full story.

 
Mall mortgage up for auction
read story
The mortgage note for the Logansport Mall is scheduled to be sold at auction early next month. Foreclosure procedures for the mall began when lawyers for Algonquin State Bank, N.A., out of Algonquin, Ill., filed a complaint against the mall's owner -
 
Massive new fraud coverup: How banks are pillaging homes — while the government watches
read story
When financial crimes go unpunished, the root problem of fraud never gets fixed -- and these are the consequences
 
Why a government agency won’t lower mortgage fees for borrowers
read story
FHA has raised the fees it charges borrowers five times since 2010.
 
Is now the time to fix your mortgage?
read story
The improving economy has left more people thinking that interest rates are about to rise...
 
Lending rate at lowest in 17 years
read story
U.S. mortgage lending is contracting to levels not seen since 1997 as rising interest rates and home prices drive away borrowers.
 
Applied Business Software™ Offers Small Lenders State-of-the-Art Servicing Software with The Loan Office™ Launch
read story
LONG BEACH, Calif., April 22, 2014 /PRNewswire/ -- Applied Business Software ™ established in 1978 and creators of The Mortgage Office ™ , the most reliable and robust software in the mortgage industry, ...
 
Ocwen Investigated For Self-Dealing, At Homeowners' And Investors' Expense
read story
Benjamin Lawsky , New York’s first Superintendent of Financial Services, is wading further into the muck that is Ocwen Financial Corporation 's (NYSE: OCN ) mortgage servicing practices . On Monday Lawsky ...
 
New-Breed Banks Lead U.K. Mortgage Bond Market Revival
read story
Aldermore Bank Plc, which raised 333.3 million pounds ($557 million) from its first sale of mortgage bonds last week, is among a new breed of lender that will sell more of the debt than the largest banks this year, according to Royal Bank of Scotland Group Plc. Banks including OneSavings Bank Plc, together with building societies, surpassed issuance of the securities from traditional lenders ...
 
Parkway Announces Acquisition of One Orlando Center and Simultaneous Debt Restructure
read story
ORLANDO, Fla., April 14, 2014 /PRNewswire/ -- Parkway Properties, Inc. (PKY) announced today that it has acquired One Orlando Center, a Class A office building located in Orlando, Florida, and simultaneously restructured the existing first mortgage loan. One Orlando Center is a 19-story, 356,000 square foot, officer tower located in the Orlando central business district.  The asset was built in ...
 
I owe £13k but should I keep my credit card to help get a mortgage?
read story
I am trying to clear £13k of credit card debt. I want to apply for a mortgage in the future so is it worth keeping my credit cards open to improve my credit rating?