Mortgage office workers going unpaid
It’s been more than two months since mortgage broker Victor Perry signed a contract for himself and his 11 employees to become a branch of Premier Mortgage Funding Inc.
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Existing-Home Sales Up in November The National Association of Realtors reports this morning that sales of existing homes increased slightly in November by 0.6 percent compared to October.Commentread more...
Pace of mortgage aid by industry rose in July (AP via Yahoo! Finance) The pace of the mortgage industry's efforts to assist troubled borrowers increased last month, an industry group said Wednesday.read more...
MORTGAGE MELTDOWN / Washington Mutual to close 190 offices / It will shut 12 Bay Area home loan centers, expects to ... (San Francisco Chronicle) Washington Mutual Inc., the nation's largest savings and loan, said Monday that problems in the mortgage and credit markets are forcing it to close offices, lay off more than 3,000
Paulson to propose mortgage revamp (Reuters via Yahoo! News) Treasury Secretary Henry Paulson will announce on Thursday a proposal to broadly revamp rules for credit markets and mortgage brokers, to help avoid a repeat of the housing slump
Restoring Schools to the Havens They Should Be As Labor Day marks the end of summer and beginning of another school year, citizens presume that teachers are ready, but they may wonder if school buildings are, too.
30-year mortgage rates fall to 6.26% WASHINGTON -- Rates on 30-year mortgages as well as for some other home loans dropped this week, a dose of good news for prospective home buyers.read more...