Declines in mortgage rates frustrating locked-in borrowers, bankers (BizJournals) A drop in mortgage rates after the rescue of Fannie Mae and Freddie Mac is making buying a house cheaper for many, but also is causing headaches for bankers.read more...
Real-Estate Markets Hardest Hit By the Housing Slowdown This week's Open House takes a look at a California city with the highest foreclosure rate in the U.S., why short sales can stretch out, what's attracting buyers to San
A still, quiet voice Good philosophers are hard to come by these days. In a culture riveted by the loud and outrageous, the quiet and reverent often go ignored -- particularly if they don't
Mortgage Lawyer Is N.M. Appointee (AP via Yahoo! Finance) A top lawyer for bankrupt New Century Financial Corp., once the nation's second-largest subprime lender and now the target of a federal securities investigation, took over Wednesday as commissioner
Morgan Stanley shuffles mortgage unit (AP via Yahoo! News) Morgan Stanley said Tuesday it is cutting about 600 jobs and consolidating its mortgage businesses, after a credit crisis upended the home loan industry this summer and forced other
Financial services firms establish mortgage program in D.C. (bizjournals.com via Yahoo! Finance) Several financial services companies and organizations announced a $200 million commitment to launch a mortgage program that makes 30-year fixed-rate mortgages available to eligible D.C. residents with little or
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