Foreclosure relief available
State Attorney General Jim Hood on Tuesday advised home and business owners of hurricane-damaged property they have legal protections available from mortgage foreclosures.
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Inflation data in spotlight after rate shock Since the Bank of England caught markets on the hop by raising interest rates last week, investors have speculated that Tuesday's inflation data could throw up some nasty surprises.Commentread more...
Mortgage applications down 23% as refinancing filings dry up (Market Watch) Mortgage applications plunge a seasonally adjusted 23.0% on a week-to-week basis as interest rates charged on fixed-rate mortgages hold essentially steady, Mortgage Bankers Association data show. The rate on one-year
GMAC Posts $724 Million Loss as Mortgage Loans Sour (Update4) (Bloomberg.com) Feb. 5 (Bloomberg) -- GMAC LLC, the auto and mortgage lending company 49 percent owned by General Motors Corp., posted a $724 million fourth-quarter loss as bad loans in the
FDIC Seizes Three Banks, Expanding Its Mortgage Modification Program (Washington Post) Federal regulators seized three banks last night, including Downey Savings and Loan Association, a large California mortgage lender, expanding what is by far the most expensive crop of bank failures
Updates, advisories and surprises A. Shulman Q4 earnings 21c on 8.2% increase in sales NEW YORK -- A. Schulman Inc.read more...
Groups spar over immigration issues outside of LA-area Home Depot One person was arrested during a protest Saturday outside Home Depot as groups clashed over the placement of day laborer centers near some of the home improvement chain's stores.read more...