Regulators OK plan to help Federal Home Loan
Regulators have approved a three-year business plan for the Federal Home Loan Bank of Seattle, designed to rebuild profitability for the wholesale mortgage financier.
via
Riding out the downturn in housing With mortgage rates continuing to rise and the housing market continuing to soften, a homeowner's ultimate nightmare may be around the corner: when the value of your home drops below
NovaStar Financial, Inc. Renames Warehouse Lending Unit; WarehouseUSA Capital Corp. Serves Mortgage Bankers Nationwide (FinanzNachrichten) NovaStar Financial, Inc. (NYSE: NFI), a residential lender and mortgage Real Estate Investment Trust, today announced its warehouse lending unit, NovaStar Capital, Inc., has adopted a new name, WarehouseUSA Capital
U.S. Stocks Drop on Mortgage Probe, Slumping Dollar; GM Falls (Bloomberg.com) Nov. 7 (Bloomberg) -- U.S. stocks fell, erasing their gains since the Federal Reserve's Sept. 18 interest-rate cut, after New York expanded its probe of the mortgage industry, General Motors
Mortgage crisis expands to prime borrowers (The Nashua Telegraph) MANCHESTER (AP) -- New Hampshire housing advocates say they've noticed troubling signs that the mortgage crisis is spreading to prime borrowers. ...read more...
Olathe man is charged in mortgage fraud (BizJournals) An Olathe man stands accused of receiving $1.5 million in mortgage loans that were made on appraisals he allegedly falsified, federal prosecutors in Kansas said Thursday.read more...
One-Of-Kind Sign Outside Gaytonia Stolen Since it opened in 1930, the Gaytonia apartment building has had a hand-painted, wrought iron sign in front, adding to the charm of the Belmont Heights building.read more...