Whither Housing?
Depending on whom you ask, the housing market is either taking a little breather or perched on a cliff, returning to normal or headed for a bust.
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American Mortgage Network Funds $986 Million in April (Business Wire via Yahoo! Finance) American Mortgage Network , a wholesale nationwide mortgage bank and a wholly owned subsidiary of AmNet Mortgage Inc. , reported that it funded $986 million of mortgage loans in
Mortgage flu hits Freddie Mac (Denver Post) Mortgage-market woes just got a lot worse with the disclosure that the nation's second-largest buyer of home loans needs more capital or must retrench.read more...
Why Mortgage Life Insurance is Not a Good Idea (Palladium Times) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Mortgage defaults in Nov. hit record (Baltimore Sun) Mortgage insurers saw defaults rise to a new monthly record in November, according to data published yesterday by an industry trade group, adding to evidence the U.S. housing slump is
Homeowners face new pain as mortgage interest rates rise (The New Zealand Herald) Mortgage interest rates offered by some banks will increase this week, as the banking sector raises the white flag in the spring mortgage war before it's even started. The increasing
Defendant in mortgage fraud case ordered to drug center (Picayune Item) HATTIESBURG (AP) - A federal judge has ordered the alleged ring leader of a mortgage fraud scheme to report to a drug treatment center. U.S. Magistrate Robert H. Walker issued