Category Archives: Mortgage Rates Seattle Banks

Foreclosures to Climb Before Bank Deal Helps US Housing Market – BusinessWeek

Bloomberg Foreclosures to Climb Before Bank Deal Helps US Housing MarketBusinessWeekWith yesterday's agreement, banks are likely to resume property seizures. “The best thing about the settlement, frankly, is that it will be done,” said Stan Humphries, chief economist for Seattle-based Zillow Inc., a provider of home-sales data.Foreclosure Deal to Spur New Wave of U.S. Home [...]

No Relief for Homeowners Shut Out by U.S. – Bloomberg

Bloomberg No Relief for Homeowners Shut Out by U.S.BloombergKaren Kopacz, a 40-year-old resident of St. Paul, Minnesota, who has a 30-year mortgage with a 6 percent interest rate, said she applied to her bank three times in less than two months and each time got a different answer. She said Bank of America Corp … [...]