Today the European Mortgage Federation released it's quarterly statistics which showed that the mortgage lending continued in EU states, but at lower pace in the first quarter of 2009. Only Italy recorded higher increase.

Expect the mortgage rates to continue to edge upwards. Today's information regarding sales of new homes showed an 11% increase in units sold after home prices had fallen.

A new mortgage finance law in Saudi Arabia could open up home ownership to more of the 25m population in the most-populous Gulf Arab country.

Mortgage lending in UK remains still in historical low levels despite recent increases.

There is no question that many experts believe that the heart of the recession is rooted in the problems of the nation’s mortgage market. The stabilization of housing has been seen as a pathway to recovery, and while there have been a few glimmering signs of hope, there’s still a whole lot of question marks as to whether we’re approaching a full on recovery.

At least a dozen people asked me to comment on the New York Times article So When Will Banks Give Loans? Most seem to believe the bank bailout package is part of some complicated scheme by the treasury and Fed to give banks taxpayer money explicitly for takeovers.

It is no doubt that Fannie Mae and Freddie Mac are the backbone to the success of the US mortgage industry. So how is it that these two mortgage giants came to a position where the government is stepping in to make certain that they do not fail?

Is it always a good idea to avoid foreclosure by trying to work out a mortgage short sale or deed in lieu of foreclosure? No! This article explains a situation when it is in your best interests to let the lender foreclose...

Slow Economic Growth in 2008 Will Be Coupled With Lower Levels of Mortgage Originations in 2008 and 2009.

3 mortgage lenders were taken advantage of, so they say, by a mortgage brokerage who charged excessive fees on 2nd mortgages.

Contrary to what the press is saying, U.S. housing prices are not falling due to subprime loans. This article will shock you and is critically important if you own real estate going into 2008.