Inflation figures to have rates impact
HOME owners will have a clearer idea whether higher mortgage payments should be factored into their Christmas budgets after the release of crucial inflation figures tomorrow.
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Mortgage fraud crackdown (Financial Times) Growing evidence of mortgage fraud is forcing the City watchdog into a crackdown on brokers that could see them facing tougher regulatory scrutiny.read more...
Culver outlines aid package Iowa Gov. Chet Culver on Friday announced $40 million will go to new forgivable loan and assistance programs to help out homeowners and business owners who suffered losses from this
The Real-estate World's Expanding Ubermarket Why would the owners of supermansions leave their property to linger on the market for year or more and why they don't rush? According to the WSJ, many megamansions are
Wells Fargo shuts nonprime mortgage unit, cuts jobs (Reuters via Yahoo! News) Wells Fargo & Co. , the second-largest U.S. mortgage lender, said on Thursday it will close its nonprime wholesale lending business, which processes and funds loans for third-party brokers,
Mortgage default fears grow (FT.com via Yahoo! News) Treasury prices rose on Monday as fixed income investors sought a safe haven amid fears that repayment problems involving "subprime" US mortgage borrowers could have knock-on effects in the
Service jobs keep housing helpers busy Editor's note: This story is a follow-up to the three-part series on low-income housing previously published in the MidWeek.read more...