First Flight Mortgage loan officers recognized (Outer Banks Sentinel) At the recent National City Bank ABA meeting in Virginia Beach, First Flight Mortgage loan officers Christian Anderson and Kelly Byrd were awarded "Top Producers" for May 2005.via
Freddie Mac: 30-year mortgage rates rise (Chicago Tribune) The average rate on a 30-year fixed- rate mortgage in the U.S. rose to 6.78 percent this week, the highest since May 2002, according to Freddie Mac. read more...
HUD Expands Guaranteed Home Loans For Midwestern Indians The federal government announced Friday that a guaranteed home loan program for American Indians has been expanded to include tribal members in Indiana, Michigan and Minnesota living outside their reservations.via
Treasury hires Morgan Stanley on Fannie, Freddie The Treasury Department says it has awarded a contract to investment firm Morgan Stanley to help the government assess the risks facing mortgage giants Fannie Mae and Freddie Mac.read more...
Britain bails out mortgage lender hit by credit crunch (International Herald Tribune) British financial authorities said Friday that they had extended an emergency loan to rescue a big mortgage bank.read more...
Fed Chairman Challenged on Inflation The chairman of the House Financial Services Committee took aim Thursday at the Federal Reserve's belief that inflation rather than slow growth poses the greatest risk to the economy.Commentread more...
The Louisiana attorney general’s office is investigating a California-based mortgage company following complaints that the firm has taken too long to release insurance money meant for Louisiana resid
read more…
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