Existing-home sales through roof Bloomberg News The median condo price in the Denver metro area slid from $164,000 in July to $162,499 in August.read more...
CIT Group closes mortgage unit, cuts 550 jobs (Washington Post) NEW YORK (Reuters) - CIT Group Inc (CIT.N), the consumer and commercial finance company, said on Tuesday it has closed its mortgage lending operations, resulting in the loss of 550
Fears for mortgage empire as firm crashes (The Herald) A MORTGAGE brokering empire was feared to be in jeopardy last night after one of its main companies went under after setting aside hundreds of thousands of pounds in compensation
Rate Too Good to Be True Proved to Be Just That Q I applied for a home mortgage with my credit union. When I looked at their rates, they had listed a 30-year jumbo loan for 0.054 percent with 0.5
Slowing Sales, Baby Boomers Spur a Glut of McMansions America's love affair with sprawling homes is showing signs of waning as the real-estate market softens and aging homeowners seek smaller houses. Our reporter on nervous sellers and the growing
Wachovia beefs up lobbying as mortgage bills hit Congress (The Charlotte Observer) With the nation's home foreclosure disaster becoming a hot topic in Congress, Wachovia Corp. is stepping up its federal lobbying presence. The Charlotte-based bank has signed four additional lobbying firms
The state-owned Capital bank has started developing its own mortgage lending program, the bank?s Board chairman Rauf Rzayev told today?s news briefing.
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