Fannie Mae Wants Higher Mortgage Cap (AP via Yahoo! Finance) Amid growing distress in the mortgage market, home-loan finance giant Fannie Mae is asking federal regulators to raise the limit on the amount of mortgage securities it is allowed
Renting a Co-op or Condo Apt: Exercise Extreme Caution With vacancy rates so low, real estate agents find themselves showing more condo and co-op apartments, despite their notoriety for being much more difficult apartments to rent than rental buildings.read
U.S. mortgage applications plunge (Denver Post) Mortgage applications have declined to lows not seen since late 2000, before the housing boom started, according to a report Wednesday from the Mortgage Bankers Association. read more...
Oil Prices Inch Lower to $81.63 a Barrel Oil prices inched lower Monday in Asia, following a flurry of late selling Friday on concerns oil market fundamentals do not support recent high prices. via North County Times
Drive to make deals fuels mortgage woes (Bankrate.com via Yahoo! Finance) Why such carnage in the subprime mortgage market? Everyone in the real estate business has incentives to make sure deals happen -- even unwise ones.read more...
Mortgage lenders accused of raising deals just hours before Bank of England trims interest rates to 5% (Evening Standard) THE Bank of England today cut its base rate by 0.25 per cent to 5 per cent to stop the economy's slide towards recession. But relief for home owners was
Colombia’s largest bank Bancolombia’s (NYSE: CIB) aims to grow its mortgage loan market share to 23% by year-end, Bancolombia mortgage loan VP Luis Fernando Muņoz told BNamericas.
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