Mortgage insurer reports big loss (BBC News) US mortgage insurer MGIC reports a $1.47bn loss, hit by higher payouts to cover increasing bad debt levels.read more...
Don't rush into fixed-rate mortgage, experts suggest as rates rise (CP via Yahoo! Canada News) TORONTO (CP) - Tuesday's rise in variable mortgage rates will have some homeowners looking to lock in their rates, but experts say not to be hasty. It could be just
Digitization and Automation Will Yield Great Returns in Mortgage Biz (Finance Technology Network) Now that the refinance boom is fizzling out, mortgage lenders are presented with the perfect opportunity to reassess how they do things.read more...
Leesville Leader Congressman Jim McCrery and Sen. James David Cain have been in constant contact with local and national officials working to provide relief to victims of Hurricane Rita.read more...
A 'No-Fee' Mortgage That Might Be for Real (Washington Post) Home loan industry competitors are searching for hidden gimmicks, but Bank of America insists that its "no-fee mortgage plus" plan announced this week delivers exactly what the name implies --
Central Texas home builder honored Nash Phillips is a legend in the Austin home building industry. With partner Clyde Copus, he built Nash Phillips Copus into one of the country's biggest privately held home builders.read
Karen Phelan remembers how scared she was when she bought her first home 10 years ago.
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