A new study released today by Bread for the World Institute reveals that the poorest counties in the United States are among those hardest hit by the subprime mortgage crisis.

Fannie Mae (NYSE: FNM) announced today that, as part of its HomeStay initiative to support its mortgage servicers as they provide at-risk borrowers with refinancing and loan workout assistance, it is offering a new option -- HomeSaver Advance.

First Florida Financial Group, LLC has launched a new program that helps Builders & Realtors sell more properties. They enable borrowers to obtain a mortgage loan approval by using available equity in their, or a relative's, owned properties. CashToolBox.com gives borrowers a chance to get a mortgage after other avenues have failed.

Mortgage lawsuits last year were dominated by investors accusing companies of financial fraud, according to a new report published by www.MortgageDaily.com . The report, based on cases covered by MortgageDaily.com, was prepared in conjunction with the law firm of Weiner Brodsky Sidman Kider PC, which is known as a leader for its work in mortgage banking litigation.

Among the five biggest U.S. mortgage lenders last year, three saw their originations fall from the previous year, according to a preliminary analysis of earnings data by MortgageDaily.com.

People shopping for mortgages or refinancing their homes will be better protected from fraud by a combination of the Banking Department's five new anti-fraud initiatives and approval of pending reform legislation when the General Assembly returns to Harrisburg next week.

Express Capital Mortgage Inc. is a new mortgage company equipped with advanced technologies intended to accelerate loan processes and enable loan officers to spend more time on customer service.

Missouri lenders have been hard hit by the sub-prime mortgage meltdown. Option One Mortgage and Nova Star closed up shop earlier in the year and now a new mortgage lender has closed their doors.

Webster Bank, National Association, a subsidiary of Webster Financial Corporation (NYSE: WBS) announced today plans to reorganize and streamline its Mortgage Banking Group to maximize support for Webster's direct and retail banking activities.

Webster Bank, National Association, a subsidiary of Webster Financial Corporation (NYSE: WBS), Webster Bank, a wholly-owned subsidiary of Webster Financial Corporation (NYSE: WBS), has been selected by Connecticut Housing Finance Authority (CHFA) to be a lender in a new mortgage refinancing assistance program to help low- and moderate-income borrowers who took out subprime, adjustable-rate loans to purchase their first home.

“On behalf of the many individuals and families who would have been burdened by a tax after losing their home, the National Association of Realtors® thanks President George W. Bush for signing the Mortgage Forgiveness Debt Relief Act into law.

A new firm established specifically to help seniors learn about and access Federal Housing Administration (FHA) reverse mortgages has chosen Microsoft Dynamics CRM to manage its nationwide customer base and support the company’s growth, Microsoft Corp. announced today.