Mortgage applications set record (Detroit News) Applications filed with mortgage lenders for home purchases rose to a record last week, a sign housing is providing unwavering support for the U.S. economy.via
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Countrywide Caught in Mortgage Spiral (Washington Post) LOS ANGELES -- Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles. This time around,
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U.S. mortgage applications fell for a second consecutive week as interest rates on home loans climbed to 16-month highs, an industry trade group said on Wednesday.
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