1st Metropolitan buys retail-mortgage branches (BizJournals)
1st Metropolitan Mortgage has purchased assets of 48 Olympia Funding Inc. retail-mortgage branches.
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Mortgage security buyout plan denied (Gulf Daily News) LONDON: The Federal Reserve and Bank of England (BoE) denied a report yesterday that they were in talks over possibly using public funds to make mass purchases of mortgage-backed securities
Alberta Police Charge Six People in C$30 Million Mortgage Fraud (Bloomberg.com) Dec. 20 (Bloomberg) -- Alberta police charged six people accused of defrauding 22 lenders including Genworth Financial Inc. and Canada Mortgage & Housing Corp. of C$30 million ($25.6 million) for
Mortgage Applications Jumped Last Week U.S. mortgage applications jumped 9.6 percent last week over the previous seven-day period, an industry group said Wednesday.via
As housing market cools down, some buyers bailing out As the U.S. housing market cools, builders say more people are walking away from contracts and from tens of thousands of dollars in deposits.read more...
100 Still Out Of Homes Year After Flood "It was hard to come back here at first. It was very upsetting" About 100 people haven't been able to return to their homes, one year after flooding devastated
Tax Bill Arrives; the Free Ride Is Over read more...