Dealbook: Mortgage Relief Checks Go Out, Only To Bounce

Foreclosure Checks

Relief checks issued as part of a settlement over foreclosure abuses have bounced, an unfortunate twist for consumers who have already faced problems over reviews of troubled mortgage loans.

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  • Mortgage rates drop to lowest levels since August
    Mortgage rates continued to fall this week, averaging just over 7%. It is the sixth straight week rates have dropped, undoing seven previous consecutive weeks of increases. The 30-year fixed-rate ...
    12/7/2023 - 4:01 am | View Link
  • Mortgage rates fall back again, nearing 7% and fueling some refinance activity
    Mortgage rates fell for the sixth straight week ... "Although these lower rates remain a welcome relief, it is clear they will have to further drop to more consistently reinvigorate demand.” As rates ...
    12/6/2023 - 11:00 pm | View Link
  • LIVE: FTSE and European stocks fall as UK house prices rise for second month in a row
    European stock markets started Thursday in the red as UK house prices rose for a second month in a row. In London, the FTSE 100 was trading 0.3% lower after opening, while the CAC ...
    12/6/2023 - 9:07 pm | View Link
  • Apartment REITs see silver lining as high mortgage rates force tenants to stay put
    Real estate investment trusts (REITs) that own and manage apartments are expected to see a bump in their revenue from a rise in renewed leases and rental deals as fewer Americans chase their dreams of ...
    12/6/2023 - 2:36 pm | View Link
  • 0% credit card offers can provide holiday relief — if used wisely
    A credit card’s 0% APR period refers to the number of months the issuer won’t charge interest, not the months you won’t have to make payments. Cardholders must make payments ...
    12/6/2023 - 6:00 am | View Link
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