20 signs of a bad loan Even if you're desperate, avoid loans that offer these kinds of deals.read more...
HomeBanc to offer base salaries to mortgage bankers (Atlanta Business Chronicle) HomeBanc Mortgage Corp.'s mortgage bankers can soon earn their money in a different way.read more...
Foreclosures of Dallas-Fort Worth homes worth more than $1M double 2:46 PM CT The mortgage meltdown that started out with mostly moderate- and low-income borrowers has spread to more affluent homeowners.read more...
KiwiSaver fee subsidy, mortgage diversion rules (Scoop.co.nz) Preparations for the 1 July introduction of KiwiSaver advanced today with the signing of an Order in Council that bring into effect both the annual fee subsidy to be paid
HSBC Says Bad Loans in U.S. Rose on Housing Slump, Slower Revenue Growth HSBC Holdings Plc, the world's third- biggest bank by market value, said revenue growth slowed in the third quarter as bad loans rose in the U.S. and the U.K. In
Conn.: Dodd repeats denial of mortgage wrongdoing (AP via Yahoo! Finance) Connecticut Senator Christopher Dodd says the controversy over two loans he received will not compromise his ability to lead Congress' efforts to ease the subprime mortgage meltdown.read more...
Associated Press WASHINGTON —Rates on 30-year mortgages edged down this week to a seven-month low. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.30 percent from 6.31 percent last week. It put rates at the lowest level since they were at 6.24 percent the first week of March.
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