DAVID MYERS: You must pay off FHA loan to cancel mortgage insurance (Detroit Free Press) Dear David: I heard a radio report that said most homeowners can cancel their mortgage insurance after their equity stake in the home reaches at least 20%. My home is
Japan's Nomura to shut down U.S. mortgage business (International Herald Tribune) Nomura Holdings Inc. said Monday it will shut down its mortgage-backed securities business in the United States, the latest casualty of the subprime mortgage crisis.read more...
First Horizon Sees Drop in Mortgage Profit (AP via Yahoo! Finance) Financial services company First Horizon National Corp. said Tuesday it expects its mortgage business will reduce its third-quarter operating profit by $35 million, compared to the second quarter.read more...
Veterans to benefit under just-passed legislation Totally disabled servicemembers discharged from the military will have more time to apply for life insurance under legislation approved unanimously by the U.S. Senate Wednesday.read more...
U.S. Existing-Home Sales Fall to Lowest Since January as Rates Sap Demand Sales of previously owned homes in the U.S. fell in May to the lowest since January as higher mortgage rates sapped demand, a private report today showed.read more...
ADV: Citi Dividend Card 0% APR on balance transfers for 12 months plus cash back. Apply online.read more...
TORONTO, Nov. 18 /CNW/ – Morguard Real Estate Investment Trust announced today that it has exercised its right to redeem all of the outstanding mortgage bonds of the following issue on December 22, 2005: Series …
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