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emc mortgage sued by securitization trust in new york

the trust financed the purchase of residential mortgages by issuing certificates that were to be repaid with interest from revenue generated from the loans, according to the court document.

mortgage rates fall to new records

mortgage rates for 30-year loan now stand at 3.78 percent. fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.

fixed mortgage rates hover at record lows

a 30-year fixed rate mortgage averaged 3.78 percent; one year ago, the 30-year frm averaged 4.6 percent

ill. county sues mortgage lenders, claiming fraud

an illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should ...

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