Topic: Jay Brinkmann

Mortgage rates climbed this week after investors became less pessimistic about the financial crisis in Europe and the employment market in the...
One financial misstep can remain on a consumer's credit report for years to come, making it significantly more difficult to obtain favorable interest rates on credit cards, inexpensive insurance and even some job opportunities.Paying bills late and filing for foreclosure ...

More Texans fall behind on mortgage bills

More Texans have fallen behind in their mortgage payments, the latest industry research shows. In the second quarter, 9.28 percent of Texas homeowners with loans had late payments, the Mortgage Bankers Association reported Thursday. In Texas, 0.7 percent of home ...
The jobs crisis is putting more Americans at risk of losing their homes. And while there was some good news Thursday - a modest decrease in the number of Americans filing for jobless benefits for the first time in a month - the figure ...
Fewer Maryland homeowners were behind on their mortgages or on the brink of foreclosure this spring, a welcome improvement but one that faces strong headwinds from an uncertain economy. U.S. employers cut jobs in July, and Americans pulled back on home ...

Foreclosures fall but new delinquencies rise: MBA

NEW YORK (Reuters) - The number of U.S. homes headed for foreclosure fell in the second quarter for the first time since the housing slump began in 2006, but improvements may be fleeting as the number of newly delinquent homeowners rose, a ...
" In high-foreclosure cities like Las Vegas, Phoenix and Miami, homes have lost roughly half their values from their peaks.But a report Friday from the Mortgage Bankers Association showed Nevada, Arizona and Florida had some of the biggest declines in new delinquencies ...

Mortgages foreclosing, delinquent at 15 percent in Q4

NEW YORK (Reuters) - A record proportion of U.S. mortgages were in foreclosure or at least one payment past due in the fourth quarter, according to industry data showing the fragile state of the recovery in the housing market.The Mortgage Bankers ...
A record one in seven U.S. mortgages were in foreclosure or at least one payment past due in the third quarter, according to fresh data signaling the recovery in the housing market will be tepid at best. U.S. mortgage delinquency ...
Lenders foreclosed on U.S. mortages in the first quarter at a rate that hasn't been seen for nearly three decades, with high-quality loans failing even faster than subprime. The Mortgage Banker's Association said foreclosures surged 70.7% in the ...