Mortgage firm shuts 10 offices in Mich. (Detroit News)
Ten Michigan branch offices of Ameriquest Mortgage Co. were abruptly closed Tuesday and scores of employees were terminated.
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Govt OK Sought For Top Pay At Mortgage Giants (CBS News) A plan emerging in Congress would require government approval of executives' pay at Fannie Mae and Freddie Mac as part of a federal lifeline for the mortgage companies.read more...
Better Homes and Gardens Home Improvement Challenge Better Homes and Gardens is hosting a contest offering a grand prize of $25,000. The challenge is for entrants embarking on a home-improvement project in one of the following
Contractors feeling brunt of housing bust Robert Lindsey was not surprised by new data last week that showed new home sales have fallen more than 40 percent from their peak almost three years ago.read more...
Funds available for mortgage assistance (Ridgecrest Daily Independent) The Ridgecrest Redevelopment Agency has approximately $65,000 for first-time home buyer mortgage assistance.read more...
Mortgage rates fall 5th straight week (Bankrate.com via Yahoo! Finance) The benchmark 30-year fixed-rate mortgage fell 3 basis points to 6.48 percent, according to the Bankrate.com national survey of large lenders.read more...
U.S. mortgage applications fell last week (UPI) WASHINGTON, April 19 (UPI) -- The number of U.S. mortgage applications last week fell 1.7 percent, an industry group said Wednesday. However, the Mortgage Bankers Association also said the 4-week