Lenders Clamp Down On Inflated Appraisals
With home prices climbing by double-digits in parts of the country, mortgage companies move to weed out problematic valuations.
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US Bond, Mortgage Insurers Higher On MBIA Reinsurance Deal (INO News) Shares of mortgage and bond insurers rose Thursday a day after announcement of a deal for MBIA Inc. (MBI) to reinsure billions of dollars in municipal bonds - showing the
Mortgage still burdens pensioners (PA via Yahoo! UK & Ireland News) One in six pensioners are still paying off their mortgage, owing an average of more than £45,000 each, research has showed.read more...
Are You in the Right Mortgage? (Wellsville Daily Reporter) (ARA) - Most people who buy a home put their mortgage in a drawer -- they close on the loan and make their payments every month and don't think about
Observer's mortgage investigation praised (The Charlotte Observer) The Observer has been nationally recognized by the Society of American Business Editors and Writers for its 2005 investigation into mortgage lending and for its personal finance columnist.read more...
British mortgage lender falls as it considers share sale (International Herald Tribune) Shares of Paragon Group, the British mortgage lender that gets all its funding in capital markets, sank as much as 50 percent Tuesday.read more...
Condo crazy, again Anne Do is used to sharing walls. She rented at Warner Center Apartments for three years while trying to buy a home.via