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Tag Archives: borrowers

Reno Gazette-Journal’s Business Week in Review: July 11

Reno Gazette-Journal’s Business Week in Review: July 11 A study by the Federal Reserve found a significant number of borrowers in Nevada, California, Arizona and Florida — states hit hardest by the housing collapse — are “strategically” defaulting on their Read More...

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Stocks on the move: Air Transport, Genworth, MGIC, Oxigene, PMI

Stocks on the move: Air Transport, Genworth, MGIC, Oxigene, PMI By Lu WangBLOOMBERG NEWSShares of the following companies are having unusual moves in U.S. trading this morning.Mortgage insurers advanced after the Washington-based Mortgage Insurance Companies of America said borrowers who caught Read More...

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Insured Home Borrowers Catch Up on Loans; First Time in 4 Years

Insured Home Borrowers Catch Up on Loans; First Time in 4 Years Borrowers who caught up on their overdue mortgages outnumbered people who became newly delinquent on insured home loans for the first time in almost four years, according to data from an industry trade group. Read more on Read More...

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FHA to provide early relief to homeowners

FHA to provide early relief to homeowners MORTGAGE FINANCING The Federal Housing Administration, facing rising losses associated with its flagship mortgage insurance program, announced Friday an expansion of its efforts to help distressed homeowners avoid foreclosure, saying that borrowers no Read More...

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