Utah Home Mortgage News

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Home Loans in Aspen

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• Treasury hopes new rules send short sales to the rescue of underwater mortgages Washington Post - Mar 12 9:00 PM With new Treasury Department rules designed to expedite short sales set to take effect April 5, relief can't come soon enough for some area buyers, sellers and real estate agents who have waded through a long and arduous process to get short sales approved by the bank.
  
  
• Agency Mortgages Market Makes Gains Even As Fed Nears Exit Fox News - Mar 12 3:09 PM Agency Mortgages Market Makes Gains Even As Fed Nears Exit
  
  
• Permanently modified mortgages grow by 45%, government says Los Angeles Times - Mar 12 1:46 PM In February, the number of homeowners with permanently reduced monthly payments grew to 168,708, the Obama administration reports, and 91,483 more trial modifications are approved. The Obama administration Friday said its mortgage modification program continued to make progress, with the number of homeowners receiving permanently reduced monthly payments in February increasing by 45% to 168,708.
  
  
• New mortgages 'halved in January' BBC News - Mar 11 4:04 PM The number of mortgages agreed with house buyers fell 49% in January from the month before, mortgage lenders say.
  
  
• KHN column -- Public reverse mortgages and long-term care: Can they work together? News-Medical-Net - Mar 11 10:53 PM In his latest Kaiser Health News column, Howard Gleckman writes: "Here's the problem: By the time we need long-term care services we often don't have readily available resources to pay for them.
  
  

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