Study: Mortgage brokers help minorities (Boston Herald) Mortgage brokers have long faced criticism from federal agencies and consumer advocates. Activists charge that the industry steers minority and elderly borrowers toward high-cost mortgages, while the...read more...
James becomes officer in state mortgage group (Macon Telegraph) Nilda James, an account executive at Robins Federal Credit Union, was elected vice president of the local chapter of the Mortgage Bankers Association of Georgia.read more...
Compound Of Your Very Own It's 5:55 on a Sunday afternoon at the house in Fairfield. Five-year-old Grace Curry walks around ringing a small bell to summon everyone to dinner.read more...
Housing bears wrong again Homebuilders led the stock parade last week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate.via
BlackRock, Highfields back distressed mortgage fund PennyMac (Market Watch) Fixed-income giant BlackRock and hedge fund firm Highfields are backing a new company that will buy distressed home loans, the latest sign that buyers in the beleaguered mortgage market may
Freddie Mac: 30-year mortgage rates rise (Victoria Advocate) The giant mortgage company said its nationwide survey showed that rates on 30-year mortgages rose to 6.28 percent, up from 6.24 percent last week.read more...
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