By Chris Isidore, senior writerJune 16, 2010: 11:27 AM ET
NEW YORK (CNNMoney.com) -- Mortgage finance giants Fannie Mae and Freddie Mac were ordered by their federal regulator to no longer trade their shares on the New York Stock Exchange, the agency announced Wednesday. Both stocks plummeted on the news.
Celebrate Cinco de Mayo with...... THE MORTGAGE BANKERS ASSOCIATION OF NORTHEASTERN NEW YORK and THE WOMEN'S COUNCIL OF REALTORS With A BENEFIT FOR HABITAT FOR HUMANITYWe are pleased to co-host this first time Networking Event with the areas top Realtors and Board Members from the WCR, while raising funds for the Capital District Habitat for Humanity.Make your reservations today at www.mbaneny.com/events~ May 5th, 2010~ at The Mill on Round Lake2121 Route 9, Round Lake, NY 12151~ 5-7 pm ~ Price $20 per person - includes 1 drink ticket $5 from each ticket will be donated to Habitat for Humanity.We look forward to seeing you on May 5th!Phone: 518-330-3640 or email us at mbaneny@nycap.rr.com
Important information regarding state and federal pre-licensing training from Manfred Real Estate Learning Center
The Manfred Real Estate Learning Center has been approved (Provider ID: 1400131) to offer the 20 hour NY SAFE Comprehensive Mortgage Loan Originator Course as required under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act). Read on for answers to some commonly asked questions.
Note: Please click the link for The Manfred Real Estate Learning Center for additional information, and to learn about course discounts for current MBA members!!!
Efforts to combat foreclosure plague are falling short as the total number of delinquent mortgage loans hits 9.64%
By Les Christie, CNNMoney.com staff writer
Last Updated: November 19, 2009: 12:38 PM ET
NEW YORK (CNNMoney.com) -- Mortgage borrowers are still falling behind on their payments in record numbers, despite the many foreclosure prevention efforts initiated by the government and non-profits.
In the third quarter, 9.64% of all mortgage loans were delinquent, according to a report released on Thursday by the Mortgage Bankers Association. That represents 4.5 million borrowers and is an increase from 9.24% in the prior three months.
President Obama reups popular tax credit through June 2010 and expands it to include people with higher incomes and some who want to trade up into new homes.
By Les Christie, CNNMoney.com staff writer
November 6, 2009: 3:18 PM ET
NEW YORK (CNNMoney.com) -- President Obama signed an extension and expansion of the first-time homebuyers tax credit on Friday.
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