Barney Frank angry at inaction on jumbo mortgage loans (Boston Herald) A key U.S. House lawmaker complained yesterday that the mortgage industry has done little over the past month to make higher-value loans available in costly housing markets...read more...
Chandler company must pay $1.2M in mortgage fraud case (The Arizona Republic) The company advertised it could help homeowners behind in mortgage payments, but transactions were structured so title to the homes were transferred to the company or its business associates.read more...
The joy of Christmas can come with a rather nasty after-taste WHAT a week! That's it, Christmas shopping all finished, decorations are on the door and presents are wrapped and under the tree.read more...
Freddie offers new mortgage option to finance housing (Westchester County Business Journal) The Federal Home Mortgage Corp. unveiled a new multifamily mortgage option for select loans and borrowers that could significantly reduce the lease-up occupancy requirements, extend the rate-lock option and increase
Bush slams Congress for not helping economy Hello, I'm Kristin Volk on this Tuesday, April 29, 2008 with a UPI Headline Update. via ClipSyndicate read more...
30-Year Mortgage Rate at Highest Since July '02 (Los Angeles Times) Rates on 30-year, fixed-rate mortgages averaged 6.49% this week, up from 6.43% last week and the highest since mid-July 2002, mortgage company Freddie Mac said.read more...
Royal Bank is making progress in growing its insurance business despite government rules prohibiting banks from selling insurance in their branches, CEO Gordon Nixon says.
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