A Return of Service?
S&P believes recent economic data suggest the domestic economy is growing, with hints of an improving job market and higher corporate spending.
read more…
Falling rates opening doors for new mortgage seekers (Denver Post) Mortgage activity picked up steam last week as more consumers took advantage of falling rates. According to a report issued Wednesday by the Mortgage Bankers Association, applications for new mortgages
Mortgage woes propel Calif. foreclosures to record (Environmental News Network) SAN FRANCISCO (Reuters) - Mortgage lenders launched more than 70,000 foreclosure proceedings in California in the third quarter, marking a record for the state, where many housing markets are
Freddie Mac enhances real estate loan products (Reg Req'd) Insurance deductible hike planned to help coastal lenders, borrowers Freddie Mac today announced it is expanding the list of mortgage products available through its Web-based Selling System this summer by
UK's FSA starts enforcement action against 5 subprime mortgage firms UPDATE (Sharewatch) (Adds comments from Liberal Democrats) LONDON (Thomson Financial) - The Financial Services Authority has started enforcement action against five firms it accuses of having weaknesses in responsible lending practices and
Willamette Valley Bank buys mortgage firm in Corvallis (Salem Statesman Journal) Willamette Valley Bank has acquired University Mortgage in Corvallis, located at 2851 NW Ninth St., and converted it into a Willamette Valley Bank Home Loan Center, company officials said.read more...
OnBoard LLC founders make sense of real estate data (Reg Req'd) The controversy about enacting legislation to enforce minimum standards for real estate practitioners seems to me to be a very simple issue.read more...