Reducing title costs easier said than done
Part 2: Consequences of a dysfunctional market Last week I pointed out that most borrowers don’t shop for title insurance, accepting the recommendations of their Realtor, lender or builder.
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Bank of America Report Sees Worse Mortgage Defaults (Update3) (Bloomberg.com) June 22 (Bloomberg) -- Losses in the U.S. mortgage market may be the ``tip of the iceberg'' as borrowers fail to keep up with rising payments on billions worth of
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Third of homeowners expect mortgage to last to retirement (Reuters.co.uk) LONDON (Reuters) - Over a third of homeowners expect to have to work into retirement just to pay off their mortgage, according to a survey.read more...
Connecticut mortgage firm bringing 650 jobs to north Valley (The Business Journal of Phoenix) Mortgage Lenders Network USA Inc. Thursday announced plans to bring 650 jobs to north Phoenix over the next three years.read more...
With mortgage rates on the rise, should you refinance now? (Orange County Register) Rates are spiking just as housing sales pick up. Like just about everything else ? gasoline, food ? mortgage rates are getting more expensive. Last week, local rates climbed to
FSA fines three mortgage brokers for poor sales procedures (Banking Business Review) The Financial Services Authority, or FSA, has fined three mortgage brokers for inadequate sales procedures which meant they could not demonstrate that they had recommended affordable mortgage contracts that met