$11 billion hole in Fannie Mae’s accounting
Mortgage finance company Fannie Mae has issued a long-awaited earnings restatement today, its first since an accounting scandal surfaced two years ago.
Comment
read more…
30-Year Mortgage Rate Dips The nation's benchmark mortgage rate has drifted to a seven- month low. The average 30-year, fixed-rate home loan is 6.30 percent, down slightly from 6.31 percent last week, government-affiliated mortgage
Gore hits home with green message FORMER US vice-president Al Gore laid out his prescription for an ailing and overheated planet on Monday, urging a series of steps, from freezing carbon dioxide emissions to revamping the
Report: Criminal Records in Florida Mortgage Industry Florida's chief financial officer is calling for the state's top mortgage regulator to step down after a newspaper report found that thousands of people with criminal records were allowed to
Indian singer raises 9,000 pounds by auctioning future earnings Indian singer raises 9,000 pounds by auctioning future earnings London, June 30 London-based Indian singer Shayan has found a unique way of utilising the internet auction site eBay by auctioning
Home improvement horror stories Do you know who is renovating your home? Staten Islanders who thought they answered that question by hiring two home improvement companies licensed by the city found out otherwise, saying
Subprime lenders taking less risk Homeowners with troubled credit histories are finding it harder to get mortgages or refinance homes because softening in the housing market is making lenders less likely to handle riskier loans.Commentread