Bill would lower fees for mortgage brokers (Miami Herald) Applying to be a mortgage broker in Florida may soon become cheaper if a bill moving through the state House gets the approval of the full Legislature.read more...
Letter outline allegations in state's surplus property program TGOMERY, Ala. Allegations of wrongdoing in Alabama's surplus property program include selling property twice, selling to unauthorized buyers, and trying to arrange for an individual to have priority shopping ...read
Basel II capital requirements may impact global banks' behaviour, says Fitch Ratings In a new report, Fitch Ratings says that the new capital adequacy framework for large global banks, known as Basel II, will have an important effect on the securitisation activity
No More Homeowner Deduction? FNC Adam Lashinsky I have a shameful feeling to report about the recommendation by President Bush's tax panel to drastically reduce or eliminate the deduction homeowners currently can take on
When Smart Choices Are, Alas, Costly Ones SINCE the spring of 2004, it has seemed eminently sensible for bond investors to concentrate on mutual funds containing bonds with short average maturities.read more...
UPDATE 1-GMAC plans German home loan euro bond -source GMAC, the finance arm of U.S. car giant General Motors , plans to sell a euro-denominated home loan bond, a source close to the deal said on Monday, just days
TORONTO (CP) – The Royal Bank of Canada cut mortgage rates by up to a tenth of a point Friday, after raising them by a similar amount just last week. The decreases reflect the falling cost of borrowing in the bond market, where banks finance their mortgage lending.
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