More Indian Outsourcers Hit by US Mortgage Crisis (Computer Business Online via Yahoo! UK & Ireland News) The subprime mortgage crisis continues to rattle through the outsourcing sector, prompting more Indian firms to warn that certain mortgage clients are tapering down their engagements.read more...
Mortgage Rates Aren't Likely to Move Lower (CNBC via Yahoo! Finance) Even with a big cut in interest rates today, homeowners shouldn't hold their breath waiting for their mortgage rates to follow.read more...
Housing recovery fades as retail sales and mortgage loans decline (Independent) Hopes that a sustained rebound in the housing market would feed through to consumer spending faded yesterday, as figures showed a drop in retail sales and new mortgage approvals.read more...
State clarifies new mortgage protection law (Chicago Sun-Times) A state agency today will publish rules clarifying a new law that people in the mortgage industry feared would have caused lenders and title companies to cut off business in
Slim Pickings for Buyers Without Cash for a Down Payment M ortgage loans that allowed you to buy without a down payment were a fast ticket to homeownership for many first-time buyers over the past decade. read more...
Plans Would Boost Funds For Mortgages The Bush administration, in an effort to stabilize the housing market, is preparing two initiatives aimed at creating more funding for mortgages by relaxing constraints on Fannie Mae, Freddie Mac
SHARON WARD RED tape seems to be the bane of every part of our lives, be it business or pleasure.
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