It’s a Buyer’s Market Baby
The Chicago-area real estate market saw a precipitous drop-off in the number of sales in September this year, according to a monthly report released by the Illinois Association of Realtors .
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Argent Mortgage Company Offers Fully Amortized 40/30 Product with No Balloon Payment (Business Wire via Yahoo! Finance) IRVINE, Calif.----Nov. 21, 2005--Argent Mortgage Company, a leading national wholesale mortgage lender, now offers a fully amortized 40/30 loan program that performs like a 40-year loan for the first
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Three area men get prison time for mortgage fraud Three co-defendants in a multimillion-dollar mortgage fraud scheme were sentenced to federal prison Wednesday and ordered to pay combined restitution of $21.7 million.Commentread more...
Connecticut Seeks Arrest of Former Mortgage Executive Heffernan (Bloomberg.com) March 26 (Bloomberg) -- Connecticut officials asked for an arrest warrant against Mitch Heffernan, saying the former head of Mortgage Lenders Network USA, the second-biggest subprime lender to go bankrupt
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U.K. Mortgage Approvals Rise to Highest Since 2003 (Update5) (Bloomberg.com) Nov. 29 (Bloomberg) -- U.K. mortgage approvals unexpectedly rose in October to the highest level in almost three years, adding to the case for another interest-rate increase.read more...