Toll Brothers' 3rd-quarter sales fall, signed contracts plunge Luxury home builder Toll Brothers Inc. on Wednesday said third-quarter sales fell and signed contracts were cut nearly in half as the housing market continued to slow.read more...
FSCO seeks comments on training for mortgage brokers (Investment Executive) The Financial Services Commission of Ontario has initiated a public consultation concerning a proficiency regime for mortgage brokers and agents.read more...
Jury finds Portland mortgage broker guilty of murder (Boston Globe) A Portland mortgage broker who testified he acted in self-defense in shooting a friend was convicted of murder on Monday.read more...
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Wells Fargo Extends Deferral Period for Mortgage Customers Impacted by Hurricane Katrina Wells Fargo announced today that it will make available at least an additional 90 days of deferred payments to its mortgage customers who have been affected and are in need
Trend of tighter mortgage standards continues: Fed (Market Watch) WASHINGTON (MarketWatch) -- U.S. banks continued to tighten their standards for approving mortgage loans in the spring and early summer months, the Federal Reserve said Monday.
KeyCorp, a banking company with operations nationwide, said on today that fourth-quarter profits jumped 39 percent, helped by strong commercial loan and deposit growth, higher fees and a wider interest margin.
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