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Underwater mortgages dog U.S. housing

News  |  www.theglobeandmail.com | 11 hours 20 minutes ago

Nearly one-quarter of residential mortgage holders – 10.7 million households – owe more on their mortgage than their home is worth

http://www.theglobeandmail.com/report-on-business/underwater-mortgages-dog-us-housing/article1376205/

Bond Yields Approaching Key Lows

News  |  www.canadianmortgagetrends.com | 16 hours 9 minutes ago

People shopping for a fixed-rate mortgage can do the happy dance. Government bond yields keep plunging, and that’s pulling down fixed mortgage rates. The 5-year yield (a barometer of 5-year...

http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2009/11/bond-yields-approaching-key-lows.html

Insurersand#8217; next headache? Commercial-mortgage defaults, says Fitch

News  |  www.investmentnews.com | 16 hours 32 minutes ago

Already under pressure from credit rating agencies, U.S. life insurers are about to be rocked again — by defaults on their investments in commercial real estate and mortgages, according to a report from Fitch Ratings Ltd.

http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091124/FREE/911249988/-1/RSS02&rssfeed=RSS02

Chase CEO banking on economic uptick

News  |  columbus.bizjournals.com | 16 hours 43 minutes ago

CEO Jamie Dimon doesn’t brand himself an outright optimist, but speaking Tuesday at a ColumbusChamber lunch event he put low odds on things getting worse. “There is a chance it’s going to get worse,” he said. “But I don’t believe it’s a great chance.

http://columbus.bizjournals.com/columbus/stories/2009/11/23/daily15.html?ana=from_rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%253A+vertical_2+%2528Commercial+Banking+Industry+News%2529

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Superior Bank To Double Mortgage Banking Team - Zibb.com

Press Release  |  www.zibb.com | 15 hours 35 minutes ago

Superior Bank, one of Alabama's leading home mortgage lenders and the major subsidiary of Superior Bancorp (Nasdaq: SUPR) announced today that it plans to double its mortgage banking operation by adding more than 60 people to its existing operation in Alabama. "We feel there is a tremendous

http://www.zibb.com/article/5690983/Superior+Bank+To+Double+Mortgage+Banking+Team

S&P/Case Shiller: Home Prices Improving at Slower Pace

News  |  www.mortgagenewsdaily.com | 20 hours 44 minutes ago

Posted To: MND NewsWireStandard and Poor's released the Case Shiller Home Price Index this morning. The SP/Case-Shiller Home Price Indices are constructed to accurately track the price path of typical single-family homes located in each metropolitan area provided.

http://www.mortgagenewsdaily.com/11242009_s_p_case_shiller_hpi.asp

Motorists support tougher uninsured driver rules

News  |  www.moneyextra.com | 21 hours 21 minutes ago

More than two-thirds of British drivers support plans to introduce a new offence of 'keeping a vehicle without insurance', it has been claimed. Paul Watters, head of AA Public Affairs, told the Association

http://www.moneyextra.com/news/motorists-support-tougher-uninsured-driver-rules.html

Thirty-Year Fixed Mortgage Rate Falls Again; Lowest Rate Since Zillow Mortgage Marketplace Launched in April 2008

Press Release  |  www.prnewswire.com | 23 hours 35 minutes ago

Thirty-Year Fixed Mortgage Rate Falls Again; Lowest Rate Since Zillow Mortgage Marketplace Launched in April 2008. National Rate Continues to Fall Monday, According to Zillow(R) Mortgage Rate Monitor.

http://www.prnewswire.com/news-releases/thirty-year-fixed-mortgage-rate-falls-again-lowest-rate-since-zillow-mortgage-marketplace-launched-in-april-2008-72487542.html

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