Home market swings in buyers’ favor
The housing market is showing clear signs of cooling off, and the balance of power of shifting from sellers to buyers.
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The future of mortgage lending? (Mortgage Introducer) With a host of lenders poised to enter the mortgage market over the next few months, differentiation between what each will offer is certain to be central to their success.read
Senate confirms ambassadorial nominee to the Netherlands The Senate has approved the nomination of businessman Roland Arnall to be ambassador to the Netherlands.read more...
Ulster bank sees 31% growth in loans Ulster Bank has reported revenue up 15% to €686m for the six months to the end of June.read more...
American Home Mortgage says it will close (International Herald Tribune) American Home Mortgage said it would cease most operations on Friday, falling victim to the ongoing problems in the mortgage industry.read more...
Spencer alderman want to know who's at fault for defective fire station roof SPENCER , The three-year-old Spencer Fire Station is already plagued with problems, including at least five leaks in the roof, Spencer aldermen said during their monthly meeting Tuesday.via
Surging mortgage fraud raises concerns about defaults (Madera Tribune) LOS ANGELES - Mortgage fraud surged in Southern California as borrowers overstated income, exaggerated assets and hid debts to qualify for expensive mortgages, authorities and industry observers said.read more...