30-year mortgage rates drop to lowest point since start of year (The Daily News of Newburyport) WASHINGTON (AP) - Rates on 30-year mortgages fell for a second straight week to the lowest level since the beginning of the year. Mortgage giant Freddie Mac reported Thursday that
A 'bonus' mortgage to tempt traders (International Herald Tribune) Barclays, the British bank, said Wednesday that it would offer a new mortgage to lure London traders and brokers who planned to spend their bonuses on real estate.read more...
State fines Pawlenty campaign treasurer ESAU0924 The Minnesota Commerce Department on Friday barred the campaign treasurer for Gov.read more...
Freddie Mac CEO Richard Syron says company will weather mortgage market troubles (Minneapolis-St. Paul Star Tribune) WASHINGTON - Freddie Mac's chief executive tried to reassure shareholders Friday that the mortgage finance company's fortunes will improve, after a year in which its share price was sliced by
Mortgage-unit accounting to prompt GM restatement (Denver Post) General Motors Corp. filed a delayed annual report with U.S. regulators today and said it will restate financial results since 2002 because of accounting problems at its home-mortgage unit.read more...
Nigeria: Mortgage System - FMBN Needs N150b (AllAfrica.com) The Federal Mortgage Bank of Nigeria has said that in order to effectively perform its secondary mortgage operations that will be financed by the capital market, the sum of N150
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