954-613-8597

Tag: Associated Press

Foreclosure Fallout: Robo-Signing deal falls flat

President Obama is likely to talk about this in tonight’s State of The Union Address, but we’re not going to wait that long. With details of the proposed $25 billion settlement with the nation’s largest banks over the robo-signing fiasco now out in the public eye thanks to the Associated Press, we feel a large sense of disappointment. There’s no […]

Real Estate Review: Mortgage Rates Set New Low, Homeowners Get More Time, Banks Get Blame and “Reverse Foreclosure”

Mortgage Rates Set Fresh 2011 Low After Jobs Report Fixed rate home mortgage loans dropped for the eighth straight week to a new low for 2011 amid concerns of another economic slowdown this year, according to data from Freddie Mac and a report by The Wall Street Journal. The 30-year fixed-rate mortgage averaged 4.49%, down from 4.55% last week and […]