Wachovia's Option-ARM Mortgage Defaults May Force Merger Deal (Bloomberg) Sept. 29 (Bloomberg) -- Wachovia Corp. , under increasing pressure after shares of the sixth-biggest U.S. bank by assets plunged 47 percent last week, may be forced to seek a
Mortgage rates at highest level in nearly four months Upbeat economic news helped push long-term mortgage rates to their highest levels in almost four months this week.Commentread more...
Bess of Hardwick by Mary S Lovell The history of any self-made plutocrat is bound to be a fascinating one, especially for those who tend to fritter their lives in the vain expectation of scooping next week's
Real-Estate Brokers Arrested Authorities said roughly 400 people have been charged for their roles in home-lending schemes since March. Also, some 19 companies, including mortgage lenders, investment banks, hedge funds, credit-rating companies and
Corporation Bank launches reverse mortgage loan scheme (The Economic Times) Public sector lender, Corporation Bank, has launched its reverse mortgage loan scheme for senior citizens, called 'Corp Shelter'.read more...
? Rising Fraud Connected to Increasing Mortgage Interest Rates (Turks.US) Sometimes the victim is a retired senior strong-armed into signing papers under the misconception that he is being granted a reverse mortgage.read more...
Irwin Financial Corp. recently made an announcement that the company would sell its prime mortgage origination unit, Irwin Mortgage Corp., to Mount Laurel. Mount Laurel is a N.J.-based Freedom Mortgage Corp.
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