Real Estate News - Peoples Choice Home Loans LLC

Current Mortgage News:

Seeing Bailouts Through Rose-Colored Glasses

5/19/2012 12:13 PM

5/18/2012 12:40 PM

5/18/2012 9:34 AM

5/17/2012 3:29 PM

5/17/2012 3:07 PM

[Reuters] - Mortgage insurer MGIC Investment Corp has sued mortgage financier Freddie Mac and the Federal Housing Finance Administration to settle a dispute over coverage limits on certain insurance policies. MGIC .....Read More

DegreeTree.com Launches Nursing Career Resource

5/17/2012 2:42 PM

[PR Newswire] - CHARLOTTE, N.C., May 17, 2012 /PRNewswire/ -- In its second installment of its career information series, DegreeTree.com, an online resource for connecting students with accredited degree programs and .....Read More

Is there any reason for a high earner to submit a FAFSA form for financial aid?

5/17/2012 9:25 AM

5/17/2012 9:20 AM

Current Mortgage News:

'I have an airplane hangar in my front yard'

5/18/2012 8:50 AM

Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane....Read More

New York condo sells for a record $90M

5/18/2012 4:19 PM

An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer....Read More

Home buying at most affordable level in decades

5/17/2012 11:52 AM

Buying a home has reached its most affordable level in more than two decades....Read More

The Facebook effect on San Francisco real estate

5/17/2012 12:27 PM

The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage....Read More

Mortgage rates hit record low again

5/17/2012 11:09 AM

Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row....Read More

Foreclosures fall to lowest level since 2007

5/17/2012 10:18 AM

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007....Read More

BofA offering up to $30K for short sales

5/15/2012 5:37 PM

Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure....Read More

Mortgage delinquencies drop to 4-year low

5/16/2012 9:21 AM

The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday....Read More

Housing: The one bailout America could really use

1/17/2012 6:20 PM

Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bibl...Read More

George Lucas proposes affordable housing plan

5/16/2012 6:56 AM

The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan....Read More

PLS Momentum Is Slow but Steady

5/18/2012 5:09 PM

Efforts to bring back a private-label residential mortgage-backed securities market have not been quick nor wholly successful at this point...Read More

Have MSR Values Finally Hit Bottom?

5/18/2012 9:31 AM

Let's assume that the recent downdraft in rates won't get any worse and then ask this very basic question: will those buying MSRs at today's rock bottom prices look like geniuses when the smoke finally clears...Read More

Changing Face of the GSE Landscape

5/17/2012 8:50 AM

What does the future hold for the GSEs? Combined agencies? A GSE for nonconforming...Read More

Robbins Gets New Venture Off Ground

5/16/2012 8:51 AM

John Robbins has created mortgage production platforms from scratch before, but his latest venture was in at least one way a little more difficult because of how the industry environment has changed in the past few years...Read More

May 31 Deadline Looming on Flood Extension

5/18/2012 4:59 PM

Unless Congress acts soon, the Federal Emergency Management Agency will not be able to issue new flood insurance policies after May 31...Read More

Wells Fargo Auctioning $200M of Nonperformers

5/18/2012 8:43 AM

Wells Fargo & Co. is in the market with a $200 million package of nonperforming residential loans, according to investors that have been briefed about the deal...Read More

CFPB Will Hold Loan Officer Comp Forum Next Week

5/18/2012 12:43 PM

The Consumer Financial Protection Bureau and the government's Small Business Review Panel will hold a private forum on its new proposal to revise the way loan officers, brokers and lenders are compensated on loan transactions...Read More

Ten-Year Yield Matches 52-Week Low

5/18/2012 11:37 AM

The long-term rate-indicative 10-year Treasury yield has officially dropped to and matched its 52-week low of 1.7%...Read More

Home Sales Flat in April as Inventory Tightens, Prices Rise

5/18/2012 11:54 AM

Re/Max reported that sales in April edged up 0.1% from the previous month...Read More

MGIC Sues Freddie Over Pool Insurance

5/17/2012 4:55 PM

MGIC Investment Corp. has filed a lawsuit against Freddie Mac and its conservator, the Federal Housing Finance Agency, over the pool insurance dispute between the two companies...Read More