- Average US 30-year mortgage edges up slightly
WASHINGTON (AP) — Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week.
- NY requires Ocwen reforms, $150M homeowner help
ALBANY, N.Y. (AP) — New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation's largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New York homeowners.
- NC considers rollback of mortgage broker rules
RALEIGH, N.C. (AP) — North Carolina lawmakers have voted to recommend weakening requirements for the state's mortgage lenders, a move that proponents say would cut costs for the industry but critics say would dilute protections for borrowers.
- Average US 30-year loan rate falls to 3.80 percent
WASHINGTON (AP) — Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year.
- Authorities: Man in fraud case tried jail escape
DETROIT (AP) — Authorities say a Flint-area man convicted in a fraud scheme tried to escape from jail earlier this year after he was caught by federal agents.