Regulator Probe Lenders on Discrimination New York's Attorney General Eliot Spitzer is investigating mortgage lenders to see if they discriminated against minorities by charging them higher interest rates and fees, a spokeswoman for the attorney
Woolwich introduces new 2007 mortgage range (Banking Business Review) Barclays mortgages division Woolwich has begun 2007 with the launch of a new mortgage range that includes its best ever life time tracker deal, as well as two best buy
Condo-buying may heat up With house prices streaking upwards, the rate of condominium purchases will double among first-time buyers in the next three years, a report by Royal LePage real estate services predicted Thursday.read
Singapore's DBS net profit rises 28 percent in September quarter Southeast Asia's biggest bank DBS Group said Friday net profit for the third quarter to September rose an annual 28 percent but was flat compared with the previous quarter as
Mortgage giants may help borrowers (AP via Yahoo! News) The heads of Fannie Mae and Freddie Mac said Tuesday the mortgage finance giants are developing new types of loans to help distressed borrowers with high-risk mortgages keep their
Mortgage worker license bill sent to governor (Tucson Citizen) PHOENIX ? The Arizona Senate early Thursday approved legislation to require state licensing of mortgage loan workers, sending the long-stalled bill to Gov. Janet Napolitano.read more...
U.S. bank regulators knew more than a year ago that lenders were aggressively marketing exotic mortgages that in many cases are leaving homeowners on shaky financial ground. In the meantime, the runaway writing of these mortgages went on unchecked, and the fact that nobody in government stood in the way highlights the fact that a patchwork of government bureaucracies was ill-equipped to bring the
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