Hospital OKs higher mortgage (Macon Telegraph) The Peach County Hospital Authority voted Monday to increase its mortgage-loan request to $24 million for a new Peach Regional Medical Center.read more...
Tread carefully on mortgage stocks (Market Watch) BOSTON (MarketWatch) -- Erin Swanson, mortgage lending and mortgage REIT analyst at Morningstar Inc., says that investors need to delve into the balance sheets of beaten-down players in those industries
Fed: Home Equity Drops Below 50 Percent Americans' percentage of equity in their homes has fallen below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. Homeowners' percentage of equity
H&R Block Says Option One Mortgage Unit Still Unsold (Update4) (Bloomberg.com) March 30 (Bloomberg) -- H&R Block Inc., under pressure from investors to sell the money-losing subprime mortgage unit, signaled it won't meet a self-imposed deadline to find a buyer.read more...
Happy Greek co-owner, associate indicted in alleged mortgage fraud scam (BizJournals) The co-owner of Columbus' Happy Greek restaurant and an associate were indicted Friday on charges of being involved in an alleged mortgage fraud scheme.read more...
Banks Fail to Lower Mortgage Rates as Bernanke Cuts Money Costs (Bloomberg.com) March 27 (Bloomberg) -- Marjorie Killian is eager to buy a home in San Diego and is pre-approved for a mortgage. She won't make an offer on a property until
Texas Attorney General Greg Abbott recently filed a legal action to stop a Houston woman from unlawfully exploiting distressed homeowners, some of them elderly, who face imminent foreclosure and eviction.
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