Existing home sales set record
Posted at 12:01 PM EDT Globe and Mail Update Existing home sales shattered a record in August, even as home prices continued to climb, the Canadian Real Estate Association said Thursday.
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The housing bubble: Letting Bush's tax cuts die would boost recession risk Mortgage debt has ballooned. People have been refinancing their loans, not necessarily to lower their payments and build up equity faster, but to pull out equity and spend the proceeds.
Mortgage Xpress Expands New Platform to Include Third Party Affordable Housing Solutions (Business Wire via Yahoo! Finance) Mortgage Xpress, Inc. announced today that it will launch a new WHOLESALE platform to meet the needs of minority and other underserved homebuyers.read more...
Two indicted in alleged mortgage fraud (Rocky Mountain News) A Denver grand jury has indicted two men on charges they violated the Colorado Organized Crime Control Act in alleged mortgage scams that led to home foreclosures.read more...
As mortgage rates rise, so do refinancings (San Jose Mercury News) This bit of data arrived via e-mail from the Mortgage Bankers Association: Despite the upward drift in mortgage rates, refinancings continue to account for more than a third of all
Az moves to regulate mortgage lenders (Tucson Citizen) Many of the people in Arizona who help home buyers finance what is often the biggest purchase of their lives are not licensed. In the rapidly growing mortgage industry, many
Planned Parenthood In Chicago To Fight S.D. Abortion Ban CHICAGO -- The South Dakota Legislature has approved a bill that would ban nearly all abortions, even in pregnancies resulting from rape and incest.read more...