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Bank of America Suspends New Cash-out Refinance Applications | Approved Advisor

Refinance activity is so busy that Bank of American Home Loans has made the decision to turn off the spigot for cashout refinancing. It’s the second time

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Greece may need more help: Austrian chancellor

Greece may need more help: Austrian chancellor | Mortgages | Scoop.it

(Reuters) - Greece's second bailout may prove insufficient and a topping up of the euro zone's permanent bailout fund cannot be ruled out, the Austrian Chancellor was quoted as saying...

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$26 Billion Foreclosure Settlement Reached | Approved Advisor

$26 Billion Foreclosure Settlement Reached | Approved Advisor | Mortgages | Scoop.it

The Department of Justice has released details on a major settlement for homeowners with five of the largest US home lenders.
The $26B deal currently with the 5 key banks:

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