A new global survey suggests that home buyers around the world are poised to re-enter the housing market, but property market instability and worries about their personal finances are holding them back.
The International Mortgage Trends Report, commissioned by Genworth Financial and conducted by independent research firm RFI, is a new global survey of current and aspiring homebuyers aimed at gaining local insight into key world markets. More than 9,000 respondents across five continents in eight countries were interviewed. Countries surveyed were: Australia, Canada, India, Ireland, Italy, Mexico, the United Kingdom and the United States.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/genworth/49964/
As homeowners continue struggling with foreclosures and mortgage defaults, Money Management International (MMI), the nation’s largest nonprofit, full-service credit counseling agency, is reminding consumers of the many tools and financial education resources available to help fight back against foreclosure and keep their piece of the American Dream.
As more American families struggle with mortgage delinquency, there are calls for more scrutiny of banks and lenders, and for the government to do something about it. Some predict improvement; others say it could get worse. Whatever the case, more and more homeowners are struggling to make ends meet and find a way to hold on to their most valuable asset – their home.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/mmi/47068/
The Ad Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), have joined together to launch a new phase of their Foreclosure Prevention Assistance Public Service Advertising (PSA) Campaign. The campaign aims to increase awareness of the Making Home Affordable® Program’s free resources and assistance for homeowners who are struggling with their mortgage payments.
To view Multimedia News Release, go to http://www.multivu.com/mnr/51783-ad-council-making-home-affordable-english-psa
Bank of the West has seen a rise in mortgage loan applications since April as homeowners seek to take advantage of low interest rates under the government’s Home Affordable Refinance Program (HARP) 2.0.
For consumers wanting to learn more about HARP, Bank of the West has published Eight Essential Harp Tips and introduced an educational video series on HARP loans that can be viewed on YouTube at YouTube.com/Bankofthewest.
“We are anticipating that one out of every five new borrowers will be a homeowner seeking a HARP 2.0 refinance loan this year,” said Karen Mayfield, Bank of the West’s National Sales Manager for the Mortgage Banking Division. “This program is providing real relief for homeowners who are current on their mortgage but have been unable to refinance due to a decline in the value of their home.”
To view Multimedia News Release, go to http://www.multivu.com/mnr/54577-bank-of-the-west-mortgage-loan-applications-refinance-harp-2-0
As spring home buying season picks up, Bank of the West has released a series of educational videos to help consumers understand and navigate the home purchase process.
Mortgages In Brief are short videos available on Bank of the West’s YouTube channel that give consumers some of the essential information on down payments, credit scores, loan costs and documentation. The mortgage videos feature Karen Mayfield, who heads the Bank’s team of mortgage bankers. Mortgages In Brief are the latest videos in the Bank’s popular In Brief Series designed to educate consumers on financial matters.
To view Multimedia News Release, go to http://www.multivu.com/players/English/61199-bank-of-the-west-releases-homebuyer-videos
Many homeowners with financial problems, especially those at risk of foreclosure, feel overwhelmed and don’t know where to turn for help. Unfortunately, they often become targets to a growing number of individuals who claim they can “rescue” people from their mortgage problems. This often leads to high fees, greater debt, and many times, the eventual loss of the home. The National Foundation for Credit Counseling® (NFCC®) wants homeowners to know that even if foreclosure seems inevitable, help is available, often at little or no cost.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60521-national-foundation-for-credit-counseling-nfcc-help-homeowners-foreclosure
Providing further evidence of economic recovery throughout the nation, an Experian trends analysis of new mortgages and bankcards from Q1 2013 showed a 16 percent year-over-year increase in mortgage origination volume and a 20 percent increase in bankcard limits. Other insights offered by Experian, the leading global information services company, include evidence of a strong rebound in the Midwest as well as unprecedented lows in bankcard delinquencies.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55343-experian-bank-card-and-mortgage-originations-credit-trends-analysis
Money Management International (MMI) is participating in a nationwide partnership to help families struggling with their mortgage payments apply for help from the Federal government’s Making Home Affordable Program (MHA). The MHA program is an important part of the Obama administration’s comprehensive plan to help homeowners get mortgage relief and avoid foreclosure.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52440-money-management-international-mmi-mortgage-relief-mha-program
Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company, has implemented an internal customer satisfaction scoring system aimed at measuring the overall experience of its home loan origination process.
The internal customer satisfaction score that Vanderbilt has created is a metric calculated from surveyed responses by customers within two weeks of funding their loan. The customers are asked to give a score ranging from zero to 10 on how likely they are to recommend Vanderbilt Mortgage to family and friends based on their home loan origination experience.
“We want to be transparent about the feedback we receive from our customers,” said Eric Hamilton, president of Vanderbilt Mortgage and Finance, Inc. “Continuously listening to customers’ needs in order to improve is our top priority. This scored system gives us a structured way to measure how we are doing and determine in which areas we can do better. It’s important for us to meet and exceed our customers’ expectations.”
To view the multimedia release go to:
http://www.multivu.com/players/English/7716456-vanderbilt-mortgage-customer-survey/
Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company, has given two modular homes to Blazing Hope Ranch, a nonprofit organization in Dayton, Tenn. that aids victims of human trafficking.
Vanderbilt Mortgage donated two four-bedroom/two-bathroom modular homes to Blazing Hope Ranch. The homes will be used to house survivors and live-in mentors while they go through the organization’s program.
To view the multimedia release go to:
http://www.multivu.com/players/English/77164510-vanderbilt-mortgage-donates-to-blazing-hope-ranch/
Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company, was on hand last month as Blazing Hope Ranch, a nonprofit organization in Dayton, Tenn., that aids survivors of human trafficking, commemorated its new H.O.P.E. Haven facilities at a recent dedication ceremony.
H.O.P.E. -- Healing, Opportunity, Protection and Education -- Haven will serve as transitional living quarters for the survivors in the Blazing Hope Ranch program. In 2016 Vanderbilt Mortgage donated two modular homes previously used for company housing to Blazing Hope Ranch that currently make up H.O.P.E. Haven. The four bedroom, two bathroom homes will be used to house female survivors and live-in mentors while they go through the organization’s program.
To view the multimedia release go to:
https://www.multivu.com/players/English/8011656-vanderbilt-mortgage-blazing-hope-ranch-opens-haven-houses/
The 23rd edition of HGTV® Dream Home is taking up residence in the Rocky Mountain resort town of Whitefish, Montana, where picturesque scenery of majestic mountains and big skies make it one of the most charming towns in the West. The grand prize winner of this spectacular giveaway will receive the beautiful custom home, the redesigned 2019 Honda Pilot Elite, plus $250,000 from Rocket Mortgage® by Quicken Loans®.
The new, fully furnished home is the crown jewel in a prize package valued at more than $2.3 million – the largest giveaway in HGTV history. Constructed with the finest materials, reclaimed historical resources, and timber frame architecture characteristic to the area, the home was conceived by Timber Forge Design, built by Malmquist Construction, and designed by Brian Patrick Flynn. The sneak peek at this striking, lodge-style retreat is now available at HGTV.com/HGTVDreamHome.
To view the multimedia release go to:
https://www.multivu.com/players/English/8281154-hgtv-dream-home-giveaway-2019-whitefish-montana/
