Tales of the Housing Bubble Not having paid close attention to the housing bubble news in recent weeks, the spate of reports over the weekend was a bit of a shock - San Diego, Denver,
Negative Amortization A loan feature in which the borrower pays back less than the full amount of interest owed each month. The shorted amount is then added to the loan's
NAB cuts mortgage commissions (News Interactive) NATIONAL Australia Bank will cut its mortgage broker commissions and introduce a gradually increasing trail fee in the expectation brokers develop longer-term clients.read more...
Cape group recommends annexation More than 2,500 acres dotted with wetlands and offering potential commercial and industrial development are closer to becoming part of Cape Coral.read more...
Citigroup restructures, integrates mortgage businesses (USA Today) Citigroup (C) is planning to integrate its various mortgage businesses from originations to securitizations according to a Tuesday memo to Citi employees.read more...
Property firms exploiting lower mortgage rates (The Star Online) BESIDES performing their work duties, employees of property development companies in China are being asked to double up as homebuyers as well. The reason is that mortgage rates are lower
The street names of Fairfax Villa have a southwestern touch: San Marcos Court, San Carlos Drive, Salina Court, Alta Vista Drive. But the wide, curving streets lined by grassy yards and large leafy trees are far too green for such desert-like names.
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