Posts Tagged ‘EMC Mortgage’

The Norris Group Real Estate News Roundup 4/2/12

April 2nd, 2012

Today’s News Synopsis: The number of bank closures is now up to 16 with the recent closure of a bank in Michigan.  Hope Now reported a 20% decrease in private mortgage modifications last month.  JP Morgan is facing a lawsuit from Ambac for mishandled loans. In The News: Housing Wire – “Ambac sues

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The Norris Group Real Estate News Roundup 9/16/11

September 16th, 2011

Sources: Mortgage-Default Filings Increase by 33% in August Fewer U.S. Homeowners ‘Underwater’ as Foreclosures Mount Home loans rates drop again in Freddie Mac survey C.A.R. August sales and price report Mortgage Debacle Costs U.S. Banks $66 Billion as Bad Home Loans Sap Profit Unemployment filings at more than 2-month high Obama Pledges to Refinance Millions of Mortgages at

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