Beechwood Michigan Lenders
Features Unicredit offers mortgage relief in Italy (AP) AP - Italy's largest bank Unicredit said Tuesday it will suspend mortgage payment requirements for 12 months without penalties for homeowners in financial difficulty. U.S. working on affordable mortgage plan: sources (Reuters) Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan said on Wednesday. TransUnion: 3Q mortgage delinquencies shoot higher (AP) AP - The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC. Sandbox Development Assists Land Owner to Add Value in Down Market Mortgage fraud incidents up 45 pct in 2Q (AP) AP - Reported incidents of mortgage fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data released Tuesday showed. News
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