Secondary mortgage markets
The development of an organized secondary market for conventional mortgage loans during the 1970s and early 1980s has opened up many new opportunites for savings institution managers.
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H&R Block sees 3rd-quarter loss because of mortgage lending arm H&R Block Inc. said Thursday it swung to a loss in the third quarter as the company's troubled mortgage lending arm offset a strong beginning of the tax season.Commentread more...
Woodland housing poised for surge WOODLAND --- Lower land prices in Cowlitz County and no impact fees are triggering housing construction activity that could bring as many as 700 new homes to the Woodland area
Home loan demand rises as mortgage refinancing surges (USA Today) Mortgage applications rose sharply last week, reflecting a surge in refinancing loans as interest rates remained near recent lows, an industry trade group said Wednesday.read more...
U.K. Mortgage Approvals Drop to Least Since 1999 (Update2) (Bloomberg.com) Jan. 30 (Bloomberg) -- U.K. mortgage approvals dropped in December to the lowest in at least nine years, and consumer credit fell, threatening the outlook for economic growth.read more...
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Plan for simpler forms aims to ease mortgage shopping (The Columbus Dispatch) WASHINGTON -- Prospective home buyers would get easier-to-understand information on mortgage terms and save an estimated average of $700 in closing costs under a proposal by President Bush. read