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Would-Be Homeowners Get a Boost  A hard-campaigning U.S. Sen. Joe Lieberman stopped by New Haven's Graduate Club briefly Monday to praise Empower New Haven for launching a new program to help people buy homes in


Countrywide Financial plans to cut 2,500 jobs  Countrywide Financial Corp., the largest U.S. mortgage lender, Tuesday said third-quarter profit rose 2 percent, less than analysts expected, as demand for home loans slumped.Commentread more...


Companies agree to $1.6 million settlement in title reinsurance probe (Reg Req'd)  California, Colorado among states conducting own investigations A national mortgage lender and two major home builders who engaged in captive title reinsurance have reached a $1.6 million settlement with the


Existing Home Sales Slow  Existing Home Sales Slow - Existing Home Sales for December fell to 6.6M versus estimates of 6.87M and 7.0M in November.read more...


What's that?  What: University of Houston Science and Engineering research and classroom complex * Location: UH campus on Cullen Boulevard near Holman Street * Size: 200,000 square feet; five stories * General


Mortgage Lenders Rise on Merrill Deal (AP via Yahoo! Finance)   Shares of most mortgage lenders rose in afternoon trading Tuesday after a Merrill Lynch & Co. deal to buy a mortgage business for $1.3 billion showed that institutional investors

September 25th, 2005

LaSalle misses mortgage boom

LaSalle Bank Corp. , once a top-five mortgage lender nationally, has fallen out of the top 10 in the past 18 months after missing out on the boom in interest-only home loans and other exotic mortgages.

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