Database study by advocates finds mortgage discrimination signs (The Herald-Sun)
Lenders are more likely to charge minorities high rates for mortgage loans that white borrowers could get for a lower cost, an advocacy group’s study found.
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GMAC's ResCap mortgage unit to cut 3,000 jobs (Reuters via Yahoo! News) Residential Capital LLC, the mortgage unit of GMAC Financial Services, said on Wednesday it will eliminate 3,000 jobs, or 25 percent of its work force, to cope with the
Fed meets to discuss new mortgage protections (Reuters via Yahoo! News) The Federal Reserve Board on Tuesday considered new protections for high-cost mortgage borrowers to avoid a repeat of the loose lending standards that have put many Americans at risk
NBC15 Stoughton Area Building Boom It's been 8 days since a tornado ripped through the Stoughton area. As people focus on rebuilding, the demand for builders is on the rise.read more...
CMHC to Help Create a New Mortgage Insurance Company in Jordan Canada Mortgage and Housing Corporation and the United Arab Investors Group of Companies held a signing ceremony in Jordan today to commence a project for the creation of a new
It's National Homeownership Month Tuesday, June 6, 2006 8:56 AM Lauren Bindley The month of June has been designated as National Homeownership Month.read more...
March 14: Market Risk - US Mortgage Rates Rise Slightly Freddie Mac yesterday released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 6.13 percent with an average 0.5 point for the week