Out of the Gate: Mortgage Banks Jump (AP via Yahoo! Finance) Shares of mortgage banks spiked Tuesday morning after the Federal Reserve moved to boost liquidity and ease the credit crisis by making up to $200 billion in cash available
NAFCU headed to RESPA reform roundtable NAFCU will attend a July 28 roundtable hosted by the Department of Housing and Urban Development to generate input on a new regulatory reform proposal under the Real Estate Settlement
California lawmakers question risky mortgage lending practices (The Fresno Bee) California lawmakers on Wednesday began considering restrictions on unorthodox mortgage-lending practices that have allowed hundreds of thousands of Californians to buy homes they otherwise could not afford.read more...
Halifax hikes its mortgage rates (Gazette) Britain's biggest mortgage lender has become the latest mortgage lender to hike its mortgage rates.read more...
E-Trade backs off profit outlook amid more securities write-downs "Accordingly, management believes it is no longer beneficial to provide earnings expectations for the remainder of the year." Trade Financial shares slumped as much as 13% in late trading
Not As Complicated As You Think, Says NAHB Is it hard to build green? Is it a lot more expensive? Do I have to live in a straw-bale cottage or some other strange building to say I'm a
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