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Mortgage Headlines


Posted on:

Mortgage rates fell this week -- and should level off -- after the Fed stopped pushing rates up
When should you lock in your interest rate? The Daily Mortgage Commentary keeps you up-to-date on the financial conditions driving mortgage rate changes.
Posted on:

Bank of America settles suits over bad mortgages
By CHRISTOPHER WILLS
Posted on: Oct 06, 12:49 PM

Credit still tight as Europe scrambles, Fed boosts
By MADLEN READ
Posted on: Oct 06, 11:38 AM

Horizon Bancorp Announces Increase in Third Quarter Provision for Loan Losses
Horizon Bancorp (NASDAQ: HBNC) ("Horizon") announced today that it has taken a provision for loan losses of $3.137 million for the third quarter of 2008. This compares to a provision of $1.490 million for the second quarter of 2008. This increase is primarily due to the deterioration of three commercial loans in Horizon's loan portfolio. Horizon's commercial loan portfolio totaled approximately $305 million as of September 30, 2008.
Posted on: Oct 06, 11:09 AM

Homesaverprogram.Org Loan Modification Saves Desperate Couple From Losing Their Home to Foreclosure
Where would homeowners go for help when foreclosure raps on their doors? For couple David Gonzales and his wife Tiffany, they ran to homesaverprogram.org.
Posted on: Oct 06, 11:04 AM