Katrina could put brakes on rising rates (Reg Req’d)
Rates on 30-year mortgages rose for the first time in five weeks as investors awaited word from next week’s meeting of the Federal Reserve on the future direction of mortgage rates.
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HomePages, Quicken Loans featured in Bank Technology News The May issue of Bank Technology News does a great job profiling how Quicken Loans is accelerating its access to online home buyers and sellers through a partnership with HomePages.com
Senate panel to weigh flood insurance overhaul A U.S. Senate committee will debate legislation on Thursday to overhaul the bankrupt National Flood Insurance Program by raising annual premiums, stiffening coverage requirements and redrawing flood maps.read more...
Arrests in sale of personal data from 2 million mortgage applications (Everett Herald) The FBI on Friday arrested a former Countrywide Financial Corp. employee and another man in an alleged scheme to steal and sell sensitive personal information, including Social Security numbers, of
Senate overwhemlingly votes to speed mortgage aid (Houston Chronicle) The Senate voted 83-9 to speed up work on the $300 billion mortgage aid plan, putting it on track for a final vote as early as the end of the
Hidden costs can hit home (Reg Req'd) "Renting is easy," says Lakewood Heights homeowner Holland Smith, 34. "Living in an apartment, if anything needed to be done, taken care of, you just call the landlord." Don't feel
Bubble theory created by the media to play off our fears The media has been talking about housing bubbles for four years. If a buyer heeded the bubble theory back in 2001 and chose not to buy a median-priced home in