Fannie Mae, Freddie Mac Still Have Problems Big mortgage companies Fannie Mae and Freddie Mac made progress last year toward correcting financial problems but continue to be a cause for concern following their recent accounting scandals, the
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Merit Financial Investigated After Sudden Closure State regulators arrived in Kirkland on Friday morning to investigate the sudden closure of mortgage brokerage Merit Financial Inc.read more...
Decision time for the Red Shed Investors are hoping for an update on plans for The Warehouse's troubled Australian business when the retailer reports its annual result on Friday.read more...
NetBank sells mortgage rights for $119m (Atlanta Journal-Constitution) NetBank Inc. said Friday it sold most of its mortgage servicing rights associated with conventional loans to two companies for $119 million. The struggling Alpharetta-based online bank said the deals,
U.S. mortgage rates hit 10-month highs (Market Watch) CHICAGO (MarketWatch) -- Mortgage rates reached 10-month highs this week, responding to market concerns of a tight labor force and wage growth, Freddie Mac's chief economist said Thursday.
Chicken Little may be right. But don’t worry about it. The housing market is getting a little wild, with folks trading condominiums like they are individual stocks, one Florida market soaring 46 percent in the …
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