CMHC announces plans to offer mortgage insurance for interest-only loans (Canadian Business)
OTTAWA (CP) – The Canada Mortgage and Housing Corp. now offers mortgage insurance for interest-only loans.
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Greenspan legacy far from certain No man's reputation is safe at his retirement, and so it is with Alan Greenspan's. History's verdict will await subsequent events that reveal the long-term consequences of his 18 years
Annuity Buyers Beware Ican't recall precisely when I got my first message, and I have no idea how I got on this particular e-mail distribution list.via
Luminent Mortgage Sets Special Dividend (AP via Yahoo! Finance) Mortgage company Luminent Mortgage Capital Inc. said on Tuesday it declared a special dividend of 7.5 cents. The company will pay the dividend on Nov. 10 to shareholders of
First Release of Sacramento High-Rise Condos Snapped Up The first sales release of high-end, high-rise condominiums proposed for the Capitol Mall in downtown Sacramento proved popular with prospective buyers, as more than 250 were sold over the weekend.read
Fremont General quits high-risk mortgage biz: Mass. activists hail decision (Boston Herald) One of the Bay State housing market's most aggressive subprime-mortgage lenders is quitting the business - prompting cheers from activists. "We don't need companies like Fremont General,"...read more...
Mortgage Pro's Working In 'Clients Best Interests' Inman News has some information on a new home loan. "Lenders now offer mortgage products that were unheard of a decade ago.read more...