Roland Arnall, Mortgage Innovator, Dies at 68 (NYTimes.com via Yahoo! Finance) Mr. Arnall founded Ameriquest Mortgage, a company once billed as a sponsor of the American dream but later found itself at the center of the subprime mortgage crisis.read more...
Briefing read more...
Centex reports $644 million Q2 net loss "Market conditions were extremely challenging during the quarter, reflecting the serious disruptions in the credit and mortgage markets that occurred during that period" Centex reports $644 million Q2 net
Mortgage exit fees under spotlight (BBC News) A BBC News website readers concerns over escalating mortgage exit fees is investigated.read more...
40-year mortgage is newest toy on the block %%head%%The latest thing in mortgages: 40-year loans Newest wrinkle in (The Plain Dealer) Wally Dunne and his wife, Jule, wanted to buy a new home last summer, and everything went beautifully. They found their dream home in Ashtabula County, right on Lake Erie.
A Shortsighted Federal Government, a Derailed Transit Project Shaping cities is both a goal and a consequence of investing in transportation infrastructure. Sadly, the Federal Transit Administration seems unaware of this.
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The Northern Rock Building Society is offering a year fixed rate deal until 1 August 2008, at a rate of 4.79 per cent, reverting to the standard variable rate for the remaining term of the mortgage, currently 6.59 per cent.
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