Mortgage Applications Continue To Fall (Nasdaq) (RTTNews) - Mortgage application volume continued to fall during the week of June 20, according to the Mortgage Bankers Association's weekly application survey.read more...
Six plead guilty in mortgage fraud (Miami Herald) Six defendants have pleaded guilty to participating in a $17 million mortgage fraud scheme in Miami-Dade County involving inflated property values and falsified closing statements, Florida's attorney general announced Monday.read
Summit Financial to Exit Mortgage Business (AP via Yahoo! Finance) Regional banker Summit Financial Group Inc. said Friday it will either sell or shut down its Summit Mortgage business based on the unit's poor performance.read more...
Orlando, Fort Myers Among Cities With Soaring Home Prices The nation's booming housing market continued to push prices higher in the summer and early fall with Orlando, Fort Myers and 67 other metropolitan areas reporting double-digit increases compared with
Online Extra: Video: Mortgage Worries (BusinessWeek) Feb. 17 - HSBC and other financial institutions say a rise in some mortgage defaults will hurt their earnings. They blamed this in part on resetting adjustable rate loans. We
First-time buyers spend half of income on mortgage (Daily Telegraph) The average first-time buyer is now having to spend nearly half of their income on mortgage payments for the first time in almost 20 years, figures show.read more...
With smiles of relief, Ann Romano and Doug Eschbach presented Univest National Bank with a check for the final payment on the Senior Adult Activity Center of the Indian Valley.
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