Mortgage brokerage pulls vanishing act (NorthJersey.com) They drove brand new luxury cars and were rarely seen without their staple accessories: cigarettes and cellphone earpieces. But the men behind AMG Mortgage suddenly vanished one weekend in early
Some state pension plans seek returns in out-of-favor mortgage market (Minneapolis-St. Paul Star Tribune) COLUMBIA, S.C. - The subprime mortgage crisis has yielded at least one benefit for states: Mortgage-related investments have become so cheap that they are luring some pension funds to buy.read
Most mortgages now 90pc of home value Seven out of every ten first-time homebuyers borrow more than 90pc of the value of their property and monthly mortgage payments are consuming an increasing share of buyers take-home pay,
NAHB, Wells Fargo Announce Three-Year Relationship RISMEDIA, July 26 + The National Association of Home Builders and Wells Fargo & Company are embarking upon an unprecedented three-year relationship that includes Wells Fargo's sponsorship of NAHB events,
Stocks stabilize despite mortgage fears (Houston Chronicle) Wall Street managed to stabilize itself today, although investors remained nervous about nagging mortgage default concerns and tumbling stock markets abroad. read more...
Fannie Mae Scraps Higher Downpayment Requirements Fannie Mae says it is doing away with higher minimum downpayment requirements for borrowers in distressed real estate markets. via KSDK NewsChannel 5 read more...
Baltimore, MD Prices and home sales in Baltimore County are showing no signs statistically of slowing down, however, analysts warn that a drive around the city could reveal the first signs.
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