First Midwest takes reverse stance on mortgage loans (Chicago Tribune) First Midwest Bancorp Inc., one of the Chicago area's biggest locally headquartered banks, has restructured its mortgage practice to reflect a bigger emphasis on reverse mortgages instead of mortgage originations.
Ranch in style, but Zen in spirit DEBORAH FURLAN saw something in the ramshackle ranch-style house off a busy street in Toluca Lake: a Japanese-inspired oasis with a soaring glass entrance.read more...
Developer Changes His Mind read more...
Consumer prices rise 1.4 per cent in November, up from 0.9 per cent in October The annual inflation rate crept up to 1.4 per cent in November, from 0.9 per cent in October, pushed by higher costs for mortgages and home repairs and maintenance.Commentread more...
Bush To Wall Street: Don't Fret, a Mortgage Plan Will Pass (Fox News) Bush To Wall Street: Don't Fret, a Mortgage Plan Will Pass read more...
HUD to Monitor Mortgage Policies at GSEs (AP via Yahoo! Finance) The U.S. Department of Housing and Urban Development is creating a new division that plans to scrutinize mortgage underwriting policies at lenders and mortgage finance giants Fannie Mae and
HOME owners were today offered some respite on their mortgage repayments when the Bank of England cut interest rates by a quarter of a point to 4.5 per cent.
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