Big Rebukes On Title Referrals Rigged appraisals, lax underwriting and toxic loans may dominate the headlines, but they are hardly the only issues causing problems in residential real estate. read more...
30-Year Mortgage Rates Jump to 2-Year High (San Francisco Chronicle) Rates on 30-year mortgages jumped to the highest level in 2 1/2 years this week, driven higher by inflation worries in financial markets. Mortgage giant Freddie Mac reported Thursday that
Regulator now seeks reform of mortgage industry (Miami Herald) Under severe criticism for allowing bank robbers and racketeers to sell loans in Florida, the state's top mortgage industry regulator is calling for sweeping emergency changes to bar people convicted
English Seeks Park Solution read more...
No recession despite housing slowdown: report A slowing of the hot U.S. housing market will cause "inevitable" weakness in the national economy, but a recession does not appear likely, a report by the UCLA Anderson Forecast
Bank courts controversy by cutting rate to 4.5pc The Bank of England bowed to the howls of pain from retailers and various sectors of industry yesterday and cut interest rates for the first time in two years in
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