CMHC responds to Dodge fears
Mr. Dodge raised concerns Thursday about the inflationary impact of a CMHC program that allows homeowners to have an interest-only mortgage insured with no down payment.
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Mortgage defaults rise in Sacramento (Sacramento Business Journal) A slowing market for new homes spurred a small increase in mortgage defaults in Sacramento County in the third quarter, reports a Fair Oaks real estate investment advisory firm.read more...
FSS under fire for curbing housing loan growth The financial regulator's recent move to curb a spurt of housing loans given by certain commercial lenders has triggered criticism from industry insiders and financial academics.read more...
Let your fingerprints unlock doors 'Mission: Impossible,' meet the front door. The new SmartScan deadbolt from Kwikset reads a finger pressed against the underside of a small tear-shaped extension of the exterior lock.Commentread more...
Home Buyers Getting Pushy Not so long ago, home sellers used aggressive tactics to squeeze every last bit of profit from their home sales.read more...
Appraisal Institute Director of Government Relations to Speak on Mortgage Fraud (Real Estate News) Bill Garber will address Illinois Mortgage Bankers on the pressures to overvalue propertiesread more...
Nixon Goes After Mortgage Fraud (KOLR - KSFX Ozarks) (Jefferson City, MO) Attorney General Jay Nixon is taking legal action to stop people who prey on Missouri homeowners left vulnerable to mortgage fraud because they are facing foreclosure or