Mortgage rates rise, topping 6% (CNN Money) Rates on 30-year mortgages were pushed up this week above 6 percent amid growing concerns about inflation, mortgage backer Freddie Mac said Thursday.read more...
Mortgage delinquencies could soar - Moody's Economy.com (CNNMoney.com via Yahoo! Finance) The already poor performance of many mortgage loans will worsen substantially through the rest of the year, according to an analysis released Thursday by Moody's Economy.com.read more...
Builders Consolidation Likely? Okay, if Kiplinger accurately predicts what's going to happen to building industry.read more...
Fraud lawsuit another black eye for H&R Block The $250 million lawsuit accusing H&R Block Inc. of fraudulent marketing of its retirement accounts shows the perils the company faces as it continues to remake itself into something besides
Lots of players in mortgage fraud (Seattle Times) Weak housing markets appear to encourage mortgage fraud. Typically, fraud associated with home purchases requires multiple perpetrators...read more...
Morgan Stanley Bankers Brace for Cuts JOHN J. MACK, under pressure to lift Morgan Stanley's profits and its flagging stock price, will take his eponymous knife to the firm's highly regarded investment banking division and dismiss
Mortgage 2000 has launched an exclusive self-cert three-year fixed rate mortgage from Kensington Mortgages.
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