Mortgage market, interest rates cut into NASB earnings (Kansas City Star) NASB Financial Inc. cited a ?difficult mortgage lending environment? and pressure on interest rate spreads this morning for a 12.2 percent drop in fourth quarter earnings.read more...
PMI Q1 earnings rise despite charges PMI Group Inc. 's first-quarter net income rose from the year-ago period as all three of the company's segments reported greater contributions to the bottom line.read more...
Residential mortgage rates go down as long-term bond yields continue to sag (Canadian Press via Yahoo! News) TORONTO (CP) - Financial institutions cut their posted rates for residential mortgages Friday as weak U.S. economic data caused a continuing decline in long-term bond yields.via
Survey: Georgia 31st in mortgage closing costs (bizjournals.com via Yahoo! Finance) Georgia has become a more affordable state in which to close a mortgage, according to a Bankrate Inc. survey published Thursday.read more...
Improving home helps up the price The guy trying to sell his one-bedroom, penthouse co-op on Broadway and 101st St.read more...
Over 170 people infected by rare bacterial meningitis in New Delhi; 15 dead Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...via
Horsham, Pa.—GMAC Commercial Mortgage Corp. has provided $140 million in floating-rate refinancing for a portfolio of 11 senior housing properties located throughout New England.
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