Countrywide, five other lenders to offer new mortgage plan (Market Watch) Six of the nation's largest home mortgage lenders are announcing a plan Tuesday for a 30-day freeze on foreclosures for prime and subprime borrowers who are more than three months
Australian mortgage demand fell in June, says broker (Reuters Finance News, Australia via Yahoo!7 Finance) SYDNEY, July 4 (Reuters) - Sales of mortgages in Australia looked to have fallen sharply in June as a range of factors including higher interest rates curbed demand, the country's
Coalition to help mortgage holders (The Plain Dealer) Washington- The Bush administration announced a new mortgage industry coalition on Wednesday aimed at helping homeowners avoid being trapped in a rising tide of foreclosures.read more...
Stocks push households' net worth to a record high The net worth of U.S. households climbed to a record high in the final quarter of last year, boosted by gains on stocks, the Federal Reserve reported Thursday.Commentread more...
Pa. tells mortgage lenders of new conduct guidelines (Pittsburgh Business Times) The Pennsylvania Department of Banking said Friday that its leader sent a letter to mortgage companies outlining new guidelines of acceptable conduct.read more...
Direct Mortgage Corp. acquires Guaranty's lending business (Deseret Morning News) Utah-based Direct Mortgage Corp., a mortgage origination company, announced Wednesday that it has purchased Guaranty Bank's wholesale mortgage lending business.read more...
THE title of the popular compilation series was inspired by a bizarre poster advertising Danish farm produce, which hung in Virgin boss Simon Draper’s office.
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