American Capital to raise $250M for mortgage investments (Washington Business Journal) American Capital Strategies Ltd. is launching a new investment arm named American Capital Agency, which will invest in mortgage related securities. (ACAS)read more...
Countrywide's Profit Falls as Mortgage Demand Wanes (Update4) (Bloomberg.com) Jan. 30 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, said fourth-quarter profit fell 2.7 percent and forecast that weaker home sales will limit this year's earnings.read more...
What to Do if You Can't Pay Your Mortgage Your lender is the first place you should go to for help, says columnist Lew Sichelman.
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Economist paints rosy mortgage-rate picture (The Salt Lake Tribune) Mortgage rates have been edging up for weeks, but consumers should not worry about rates escalating further this year, a well-known Utah economist said Tuesday.
Mortgage company offers quick, paperless application for home loans (Pittsburgh Post-Gazette) A local mortgage company, in cooperation with a Minneapolis software firm, has developed a mortgage application process that is virtually paperless and can be completed in little more than the
Mortgage Demand Slows Despite Lower Rates Even as interest rates declined, U.S. Mortgage applications fell for the third consecutive week to their lowest level since November 2003, according to the Mortgage Bankers Association.read more...
You should consider some taxable accounts for your investing too, says Dr. Don.
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