20 somethings snapping up homes

Some 20-somethings are throwing caution to the wind and snapping up homes...for better or for worse.

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/under-30-and-locked-in--how-we-bought-a-home-so-young-172320829.html

Landmark Mortgage

PLEASANTON, Calif., Nov. 12, 2013 /PRNewswire/ -- Landmark Mortgage Group, a mortgage banking firm, is pleased to announce Tiffany Attwood has joined as a Mortgage Advisor. Tiffany is a 22-year veteran in the lending industry and has witnessed the tapestry change over the years and has successfully navigated her clients through these turbulent times. Tiffany's philosophy is to help guide her clients towards the right mortgage products. "In this market one has to think differently to create effective investing strategies, and your home, is probably one of your largest investments," commented Tiffany.

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/tiffany-attwood-joins-landmark-mortgage-120000695.html

Freddie Mac

BofA is negotiating with Freddie Mac to settle a mortgage repurchase dispute concerning more than $1.4 billion worth of faulty mortgages that BofA sold to Freddie Mac in the period preceding the financial ...

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/bofa-freddie-mac-mortgage-settlement-201003876.html

Home Ownership

Owning a home is still considered to be a lifetime accomplishment. So how much money do you need to buy a house?

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/much-money-buy-house-120014186.html

Bind Report

Friday's stronger-than-expected jobs report was the catalyst for a heavy sell-off in the bond market. The ten-year bond sold off by 15 basis points.

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/must-know-why-jobs-report-130005087.html

loan originations

DALLAS, Nov. 12, 2013 /PRNewswire/ -- Residential loan originations took a hit in the third quarter, and fourth quarter volume is poised for a further decline. But the top three lenders and servicers maintained ...

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/biggest-mortgage-lenders-q3-120000146.html

Mortgage Delinquency

The mortgage delinquency rate dropped 23.3% in the past year, ending Q3 2013 at 4.09%. It stood at 5.33% in Q3 2012. The mortgage delinquency rate also dropped on a quarterly basis, down 5.3% from 4.32% ...

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/transunion-mortgage-delinquency-rate-drops-110000045.html

GM bailout

The Treasury Department estimates that its final loss on the GM bailout will be $9.7 billion. GM has posted net income of over $1 billion in each of the past four quarters. A review of the GM's more recent SEC filings, though, indicates that the company has sold vast numbers of vehicles to borrowers who have a high chance of defaulting on their loans. GM is hardly unique in lending money to consumers with low credit scores.

via Personal Finance | Loans - Yahoo Finance http://finance.yahoo.com/news/gm-steering-toward-another-subprime-104500091.html