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New Mortgages May be Delayed

2015-09-30 07:09:39| Real Estate - Topix.net

David Stevens, president and CEO of the Mortgage Bankers Association, says the changes coming Oct. 3 will affect every person involved in the mortgage industry. Mortgage lenders and real-estate agents are bracing for the Oct. 3 implementation of a five-year-old law that has forced them to overhaul the way they process sales.

Tags: delayed mortgages

 

Lenders return to low-deposit mortgages

2015-09-14 11:38:30| BBC News | Business | UK Edition

Some major UK lenders have returned to selling mortgages to homebuyers only able to offer a small deposit.

Tags: return mortgages lenders

 
 

Texas Legislature Imposes Statutory Subordination of Real Estate Mortgages to Oil and Gas Leases

2015-08-21 08:53:55| Oil & Gas - Topix.net

The explosive growth of oil and gas leasing and drilling in the Barnett Shale play turned an issue that had always been a nuisance for the oil and gas industry into a significant problem. When an oil and gas producer takes a mineral lease from a mineral owner , that lease is subject to the rights of all prior grantees of the mineral owner, including any holders of mortgages.

Tags: real estate real estate texas

 

May 28, 2015, real estate market update: fixed-rate mortgages, mortgage rates and more

2015-05-28 21:22:58| Real Estate - Topix.net

Freddie Mac's Primary Mortgage Market Survey showed a 0.6 percent bump in 30-year fixed-rate mortgages to 3.87 percent from last week's 3.84 percent. Last year, a 30-year FRM averaged 4.12 percent.

Tags: more real estate market

 

RBS could face fines on US mortgages

2015-05-12 11:08:55| BBC News | Business | UK Edition

Taxpayer-backed Royal Bank of Scotland (RBS) could face further fines in the US following a court ruling regarding the sale of mortgage bonds to investors.

Tags: us face mortgages fines

 

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