Former Greenburgh official defaults on her Habitat for Humanity home

Former Greenburgh Councilwoman Sonja Brown bought her home home at 77 Riverdale Ave. from Habitat for Humanity of Westchester in 2000 and she has defaulted on her mortgage.

Borrowers sue over apparent loan mod mishaps

LOS ANGELES — It seemed Maria Campusano’s financial problems were behind her when the mortgage on her Victorian home in a Massachusetts mill town was chopped by hundreds of dollars a month. (1 hour ago)

ANZ lifts mortgage SVR 39bps to 7.8%

ANZ has lifted the interest rate on its standard variable home loans by 39 basis points to 7.8 per cent. (7 mins ago)

Vanke, China’s Developers Decline on Shanghai Property Curbs

Jan. 4 — China Vanke Co. led declines by the nation’s developers after Shanghai tightened tax and mortgage rules, bolstering prospects the government will step up measures to curb property speculation. (23 mins ago)

FHA pushing for loan changes that will require borrowers to spend more money upfront

Skeptics worry moves could hurt fragile housing market, unfairly affect minority borrowers Homebuyers will have to dig deeper into their pockets next year if they want a mortgage backed by the Federal Housing Administration. (3 mins ago)

Craig Stephen’s This Week in China: Hong Kong property rises on easy money

With Hong Kong’s banks awash with liquidity and facing cutthroat mortgage competition, the result is some extremely cheap loans. (39 mins ago)

Charter buys T. Graham

BILOXI and GULFPORT Charter Bank of Biloxi has acquired Gulfport-based T. Graham Mortgage for an undisclosed sum. “With T. Graham Mortgage now a part of Charter Bank, we can provide an enhanced level of services and convenience to our customers” said Charter resident and CEO Greg Cronin. (26 secs ago)

Home loan troubles break records again

A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy. (1 min ago)

Mortgage repossessions: how to hang on to your home

As the number of repossession orders increase, Emma Simon advises how to manage your debts more effectively and hopefully keep the roof over your head . (28 mins ago)

Income tax filers face few changes this year

For 2007 income taxes, it’s the little things that count. Small deductions here, a credit there, a bit of help for homeowners caught in the mortgage crisis all add up to tax savings for savvy filers. (4 mins ago)