Latest Mortgage industry of the United States Stories

NEW YORK, Jan. 17, 2013 /PRNewswire/ -- Mortgage rates moved lower after reaching a 4-month high last week, with the benchmark 30-year fixed mortgage rate retreating to 3.60 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.36 discount and origination points. (Logo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO ) To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The...

WASHINGTON, Jan. 16, 2013 /PRNewswire/ -- Love Funding, one of the nation's leading FHA multifamily, healthcare and hospital lenders, announced today that it arranged $1.23 billion of financing in 2012, a new record for the company. Love Funding closed 109 transactions during the year, including 107 FHA-insured loans for $834.2 million, one FHA loan modification of $361.4 million, and one bridge loan for $30 million. The company's results were buoyed by the addition of a dedicated...

NEW YORK, January 15, 2013 /PRNewswire/ -- With the Recent Performance Weighing on Investors' Minds, Analysts Look to Whether the Company Can Remain Strong in the Face of Considerable Change In a bid to out-maneuver the Federal Reserve's recent policy changes involving interest rate spreads, Annaly Capital Management, Inc. (NYSE: NLY) [Full Research Report [http://www.nationaltradersassociation.org/r/full_research_report/f84a_NLY ]](1) is looking to fully acquire shares...

WASHINGTON, Jan. 14, 2013 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today reported that it will raise $60 million of Tier 1 capital through the public offering of 5.875% non-cumulative perpetual preferred stock. The preferred stock offering was priced today and is expected to settle on January 17, 2013. Farmer Mac will use the proceeds from the sale of the new preferred stock to redeem and retire all $57.6 million of Farmer...

NEW YORK, Jan. 10, 2013 /PRNewswire/ -- Mortgage rates reached the highest level since September, with the benchmark 30-year fixed mortgage rate jumping to 3.67 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.32 discount and origination points. (Logo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO ) To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average...

NEW YORK, Jan. 8, 2013 /PRNewswire-iReach/ -- Don't have enough saved up to put 20% on your dream home? That's OK! Amidst all of the mortgage advice you'll find on RealtyPin.com, you've probably seen that you can get an FHA mortgage just by putting 3.5% down. But before your start jumping for joy over all of the money you're going to save, there are 3 things you need to know about an FHA loan: Financial news: Mortgage lenders to pay out billions1. You still have to go through a...

CHERRY HILL, N.J., Jan. 8, 2013 /PRNewswire/ -- Garden State Home Loans, a New Jersey mortgage brokerage founded in 2011, has experienced continued growth throughout 2012. While providing conventional, FHA, VA and USDA residential mortgages in the states of New Jersey, Connecticut, Pennsylvania, and Delaware, the mortgage company has seen a 400% increase in closed loan volume from 2011 to 2012. Garden State Home Loans looks forward to continued growth in 2013 and will be making a...

WASHINGTON, Jan. 7, 2013 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced the launch of a 25(th) Anniversary Celebration to commemorate Farmer Mac's creation on January 6, 1988, when President Ronald Reagan signed into law the Agricultural Credit Act of 1987. At a time when America's farmers and ranchers were trying to recover from the devastating collapse of the nation's agricultural economy and were faced with low...

NEW YORK, Jan. 7, 2013 /PRNewswire-iReach/ -- While the housing market overall is improving, as a seller you still have much competition when putting your home for sale. Because of this you need to put as many attractive incentives in your offer as possible to lure buyers into your home to close the deal. There are many different types of incentives you can offer and you are limited only by your imagination. I recently saw a listing on Realtypin.com where the seller offered to hire...

IRVINE, Calif., Jan. 7, 2013 /PRNewswire/ -- Veri-Tax, LLC, the leading provider of verification and fraud management products, and its subsidiary, Verification Bureau, LLC, have launched a Form 4506-T electronic signature solution using the EchoSign platform by Adobe in support of the IRS' commitment to accept electronic signatures on income verification requests beginning today. Once received and approved by the IRS for processing, an electronically signed Form 4506-T releases a...