Little-Known ARM Puts Mortgage Industry At Risk (Multi-Housing News) New York--Forget criticizing the traditional ARM's role in the subprime mortgage crisis; mortgage bankers, industry experts and nonprofit officials say that the effect from a rarely discussed loan called the
Don't worry, you'll still be able to afford a mortgage (The Observer) Anyone who is about to take out a mortgage, or already has one, can be forgiven for panicking. Headlines in last week's papers would make any sane person worry about
Relationships with agents key for Gold Key Bob McCann isn't as worried about rival home builders as he is about the 10-year-old home just down the block.read more...
Mortgage lending could halve, warns CML (Guardian Unlimited) Mortgage lending could fall by half this year unless the Bank of England makes more money available to lenders, it was warned today.read more...
Countrywide, Wells Fargo remain top two U.S. mortgage lenders 11:14 AM CT (Dallas Morning News) Despite increased subprime mortgage troubles last year, the nation?s top two home lenders hung onto their positions, according to preliminary numbers released Monday by MortgageDaily.com.read more...
Political Report for Wednesday, December 21, 2005 Four sleeps to go, or in fact during the fourth one our chimneys will be swept once again by that fat chap in the red suit.read more...
Prices grew just 1.17% in the second quarter from three months earlier, the sharpest slowdown since the government began releasing these statistics, providing more evidence of a cooling housing market.
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