Mortgage lender IndyMac to slash jobs (Atlanta Journal-Constitution) Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to
Mortgage application fees soar (Guardian Unlimited) The application fees charged by mortgage lenders have soared by 22% in the last year, research released today shows. These averages disguise a wide variety of charges.read more...
Home sales fall statewide; Detroit resists downward trend It was tough to sell a home last year in Michigan. Sales of existing single-family homes were down nearly 14 percent from Jan.Commentread more...
Vaile launches internet mortgage calculator (Australian Broadcasting Corporation) As the Reserve Bank meets to decide whether to increase interest rates, the Nationals have launched a mortgage repayments calculator.read more...
Raiding 401(k) not a good way to pay mortgage (Chicago Tribune) Q I understand that there is a new law that will let people pay their mortgage by using their 401(k) savings. Is that a good idea?
Greenspan: Put limits on mortgage giants (The Santa Rosa Press Democrat) WASHINGTON - Federal Reserve Chairman Alan Greenspan again pushed for limits on the multibillion-dollar mortgage holdings of Fannie Mae and Freddie Mac, saying such restrictions would not hurt the thriving
IRVING, Texas——March 27, 2006—EMC Mortgage Corporation today announced that John Vella is joining the firm as President and Chief Operating Officer. Mr. Vella has spent over 20 years in the mortgage industry.
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