Storm program offers mortgage help (Miami Herald)
The federal government estimates 1,900 Florida homeowners could be eligible for a new $200 million mortgage-relief program for hurricane victims announced Monday.
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Washington events for May 30 - June 3 Trading Shots If rates don't kill the housing boom, what might? Plus, how to hedge the bubble.via
Mortgage applications rise 9.6% (Detroit News) U.S. mortgage applications rose last week as home purchases rebounded to the third-highest level on record and refinancing increased, a survey of lenders showed.via
Mortgage brokers multiply despite market slowdown (BizJournals) With the Portland area real estate market cooling a bit from its superheated state of the last few years, one might expect a similar decline in the mortgage industry.read more...
GM Profit Falls 90 Percent From Year-Ago "We continue to see progress on the automotive bottom line as we implement the strategies laid out two years ago." General Motors Corp. reported Thursday its first-quarter profit fell
Mortgage insurers jump on hopes for Fannie, Freddie legislation (Market Watch) Mortgage insurers jump on hopes that new legislation supporting Fannie Mae and Freddie Mac will help stabilize the housing market.
Fifty-Year Mortgage Offers Limited Advantages (NPR) There's a new kind of mortgage available. Statewide Bancorp is offering a 50-year mortgage. The advantage is that buyers will have lower monthly payments. The disadvantage is it takes decades