Weekly Home Mortgage Rates
Weekly Home Mortgage Rates
Byte Software Expands Credit Information Partners; LOS Offers Users Additional Access to Credit Information
Byte Software, a leading provider of loan origination software (LOS), continues to actively build its credit partner interfaces. Recently, Byte announced access to four additional credit companies.
Ten charged for mortgage loan fraud
MADISON COUNTY According to the U.S. Attorney’s Office, Southern District of Mississippi, 10 individuals have been charged in a multi-million dollar mortgage fraud scheme.
Highest Converting Home Loan Offer
FreeHomeLoanFinder is now the highest converting home mortgage, home refinance, home equity and new home purchase offer available in the CommissionSoup affiliate network. When marketing this program, affiliates are paid what the lead is worth that day instead of a flat rate for all leads. Nearly all leads are used and therefore affiliates are paid more for their traffic. (PRWEB May 31, 2006)
Mortgage loan aid available in hurricane-affected counties
Families in 11 counties can benefit from a low 5.275 percent mortgage interest rate and down payment assistance now available through the Alabama Housing Finance Authority.
Fitch Rates $515.6MM GSR Mortgage Loan Trust 2006-5F
NEW YORK—-May 30, 2006–Fitch rates GSR Mortgage Loan Trust, series 2006-5F, residential mortgage pass-through certificates as follows: $497,513,214 classes 1A-1, 2A-1 through 2A-6, 3A-1 through 3A-7, 4A-1, 4A-2, 5A-1, A-P, and A-X ‘AAA’; $3,881,000 class M-1 ‘AA+’; $6,978,000 class B-1 ‘AA’; $3,101,000 class B-2 ‘A’; $2,067,000 class B-3 ‘BBB’; $1,292,000 class B-4 ‘BB’; $775,000 class B-5
Home loan demand falls as interest rates climb
U.S. mortgage applications fell last week, reflecting a decline in home refinancing loans as interest rates climbed, an industry trade group said on Wednesday.
Minorities pay more for subprime mortgages
African Americans and Hispanics are more likely to pay higher rates for subprime mortgages than white borrowers, even with similar qualifications and risk factors, a new study showed on Wednesday.