PHSI Holds at High Level
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Mortgage default risk to rise: survey (The Australian) AUSTRALIA'S mortgage default risk remains relatively low, though the risk of default is rising in Victoria, an index has found.read more...
Mortgage rates down again; could dip more Rates on 30-year mortgages declined for a third consecutive week as bond investors worried that Hurricane Katrina and soaring energy prices will slow the economy.read more...
Renting Out Your Home With a Reverse Mortgage? Not So Fast. (Washington Post) Q: DEAR BOB: My 90-year-old mother-in-law, who recently moved into a nursing home, has a reverse mortgage on her home to pay her living costs. My husband is to inherit
Regulator defends role in mortgage mess (Miami Herald) Facing calls for his ouster after allowing thousands of criminals to sell home loans in Florida, the state's embattled chief mortgage regulator proposed changes that would toughen the law to
2nd Time Around for New Century - Mortgage Industry Insider from MortgageDaily.com (PR Newswire via Yahoo! Finance) New Century Financial Corp. survived the subprime crisis of 1998 even as companies like Conti Mortgage, Industry Mortgage Co. and FirstPlus Financial collapsed, according to http://www.MortgageDaily.com -- the dominant
Housing skid hurts other economic areas Glen Creno The Arizona Republic Jun. 19, 2006 12:00 AM Metropolitan Phoenix's housing slowdown is bad news for more than home-building companies and the investors who hold their stock.read more...