New bill targets appraisal, mortgage fraud (Rocky Mountain News) Attorney General John Suthers on Monday unveiled proposed legislation targeting appraisal and mortgage fraud that is fueling record foreclosures in the state.read more...
Rate bump expected as economy gains steam 's unemployment report, showing U.S. businesses created 207,000 jobs in July while wages posted their biggest gain in a year, appeared to bolster the Fed's argument that higher rates are
30-Year Rates Fall to 6.11% Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the second-lowest level of the year, pushed down by further signs of economic weakness.
Gilts Gain as Mortgage Approvals Fall to Lowest Level in Decade (Bloomberg.com) Aug. 26 (Bloomberg) -- U.K. government notes rose, pushing the 10-year yield to the lowest level in more than four months, as an industry report showed mortgage approvals held near
Merrill Lynch to Buy First Republic Merrill Lynch & Co., the biggest U.S. retail brokerage, said Monday it will buy San Francisco-based wealth manager First Republic Bank for $1.8 billion in cash and stock.Commentread more...
A housing chill in the Northeast (Reg Req'd) Part 2: Buyers reclaim negotiating power as region's sales and price gains cool Editor's note: Though experts are divided over what the next 90 days may bring for the housing
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