Mortgage rates trending higher Mortgage rates moved higher this week after spending a month within a hair or two of 4.5%, the latest surveys showed. The 30-year fixed-rate loan (charted below) was at 4.6% in the closely watched Freddie Mac tally, up from 4.51%… Read more on Los Angeles Times Stalled church redevelopment gets new [...]
Wednesday, May 4, 2011
Feds sue Deutsche Bank, alleging mortgage fraud The federal government sued Deutsche Bank Tuesday, saying the bank committed fraud and padded its pockets with undeserved income as it repeatedly lied so it could benefit from a government program that insured mortgages. Read more on AP via Yahoo! News PGA Tour Schedule Jan. 6-9 — Hyundai [...]
Tuesday, February 22, 2011
Unemployed man stole council digger to help him pay mortgage, court told Darren Crossley, 42, took the Caterpillar mini-digger in the early hours and drove it without insurance or a valid licence. A court was told he acted in desperation after being on the dole for two years. Read more on Oldham Advertiser Moscow govt [...]
Friday, February 11, 2011
Mortgage Rates Jump Sharply Get Business Mobile Text Alerts : Text BIZ To 37798 Mortgage rates jumped sharply this week, with popular 30-year, fixed-rate home loans rising to their highest level since April amid encouraging economic reports. Read more on Hartford Courant Chief of MultiFunding Assesses Small-Business Credit Markets Ami Kassar started MultiFunding to help [...]
Tuesday, February 8, 2011
Big Changes Coming for Mortgage Market What leaked last week was the idea of reducing Fannie, Freddie and FHA loan limits, currently at 9,750 for expensive markets to 5,000. Read more on CNBC via Yahoo! Finance Scunthorpe sign Chelsea’s Gordon Chelsea defender Ben Gordon arrives at Scunthorpe on loan for the remainder of the season. [...]
Sunday, January 30, 2011
Ways to Cut Fannie and Freddie From Mortgage Insurance Pruning Fannie and Freddie could be disruptive, but less so if the shift back to private sector mortgage insurance happened gradually. Read more on New York Times Ways to Cut Fannie and Freddie From Mortgage Insurance Pruning Fannie and Freddie could be disruptive, but less so [...]
Sunday, January 23, 2011
Pair join mortgage firm as senior consultants Oscar Tejeda and Miguel Garcia have joined the West Salem office of Lighthouse Home Loans as senior mortgage consultants. Read more on Salem Statesman Journal BofA Reports .6 Billion Loss Bank of America States Fourth Quarter Earnings Dropped on Special Charges Due to Soured Home Loans Read more [...]
Tuesday, December 21, 2010
Mortgage approvals rise to 45,000 in November – Bank LONDON (Reuters) – Major banks approved 45,000 loans for home buy in November, up from 44,000 in October, and net mortgage lending also picked up, the Bank of England’s latest Trends in Lending … Read more on Reuters Finance News (EU) via Yahoo! UK & Ireland [...]
Monday, October 18, 2010
Mortgage Insurance Plays Increasing Role in Optimizing Home Financing RISMEDIA, October 18, 2010—In today’s dicey lending environment, many a would-be home buyer often falls into one of two camps: uninformed or running scared. Unfortunately, tightening lending standards and a pervasive unease about the overall economy have combined to keep… Read more on RISMedia Real Estate [...]
Sunday, October 17, 2010
1998: Sec. Cuomo pushes ‘affirmative action’ mortgage loan policy (video) 1998: Sec. Cuomo pushes ‘affirmative action’ mortgage loan policy (video) Read more on The Washington Times Loan insurance sale curbs backed Banks will no longer be able to sell payment protection insurance when granting loans to customers, the Competition Commission says. Read more on BBC [...]
Saturday, July 9, 2011
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