Mortgage approvals hit 7-month low (ShareCast via Yahoo! UK & Ireland Finance)
Fuelling concerns that the UK housing market is running aground, a new report has claims mortgage approvals fell to a seven month low in April.
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HOUSTON MORTGAGE MONITOR (Houston Chronicle) read more...
Mortgage banker cites rise in defaults in laying off 76 (The Oregonian) VANCOUVER -- Millennium Funding Group in Vancouver, affected by mortgage defaults in the subprime lending market, has laid off 76 employees, its parent company said Wednesday.read more...
Home builders' confidence drops WASHINGTON - U.S. home builders have turned negative on the housing market for the first time since just after 9/11, the National Association of Home Builders and Wells
Mortgage broker guilty in identity theft case A Kirkland mortgage broker admitted Tuesday that she committed identity theft, then tried to have a witness in that case assaulted to keep him from testifying.via
Katrina brings real estate frenzy Rubble piles bear 'For Sale' signs. Homes without roofs are being sold as-is. Placards announcing 'We Buy Houses, Cash!,' are posted on corners throughout middle-class neighborhoods.read more...
Poster Power read more...