Mortgage application volume rises 2.8 percent (AP via Yahoo! Finance) Mortgage application volume rose 2.8 percent during the week ending Aug. 1, according to the Mortgage Bankers Association's weekly application survey.read more...
HOUSTON MORTGAGE MONITOR (Houston Chronicle) read more...
Mortgage servicers urged to head off foreclosures (Reuters via Yahoo! News) U.S. banking regulators on Tuesday urged mortgage servicers to be proactive and contact borrowers at risk of default to help them avoid foreclosure and keep their homes.read more...
Affordable Homes Manufacturers market expensive homes People who fear prices for homes are too high may be surprised to hear there is a large market for affordable homes.read more...
Grishams aid Mississippians (Reg Req'd) Best-selling writer John Grisham and his wife usually keep their charitable donations very private.read more...
Senators hammering out mortgage deal (CNN Money) A Senate panel was close Thursday to reaching a bipartisan compromise on a bill that would allow the government to insure up to $300 billion of home loans and overhaul
The number of new lifetime mortgages increased in 2006 but the value of new lending fell, according to the Council of Mortgage Lenders. It says this reflects a drop in the size of the average new loan from around £45,000 in 2005 to £41,000 in 2006.
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