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December Housing Starts Declined Sharply New housing starts fell sharply in December and building permits fell to their lowest level since May, the government reported yesterday, reflecting a slowing in the housing market from a
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Mortgage bank settles with state commissioner (BizJournals) Challenge Financial Investors Corp. has agreed to pay $848,000 to settle allegations of poor supervision and controls in its mortgage operations, according to an announcement from the N.C. Office of
30-yr. mortgage rate lowest since March (Philadelphia Daily News) Rates on 30-year mortgages dropped this week to the lowest level in more than six months. Mortgage giant Freddie Mac said yesterday that 30-year, fixed-rate mortgages fell to 6.31 percent
Mortgage applications rise as more seek to refinance (USA Today) U.S. mortgage applications rose slightly last week as a jump in refinancing demand overshadowed a drop in demand for loans to buy houses, an industry group said Wednesday.read more...
Residential Asset Mortgage Products, Inc. mortgage asset-backed pass-through certificates, series 2005-RP2 is rated by Fitch Ratings as follows:
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