Troubled mortgage firm seeks to liquidate assets (WTNH-TV New Haven)
(Middletown-The Record Journal, Feb. 7, 2007 9:25 AM) _ Mortgage Lenders Network USA plans today to seek a bankruptcy court’s permission to liquidate its assets.
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Mortgage rate rises gathering pace (Channel 4) Mortgage rates have increased during the past week despite moves by the Bank of England to ease the problems in the money markets, figures show.read more...
Schumer Proposes Lifting Mortgage Caps (AP via Yahoo! Finance) Sen. Charles Schumer proposed Monday allowing two government-sponsored mortgage giants to take a bigger share of the home loan market to help stabilize the troubled mortgage industry.read more...
Renters Gloat Over Housing Slump Some who missed the price run-up feel vindicated now for resisting their 'nesting instincts' while sitting out the market.read more...
Lower mortgage interest rates means good news for housing market "The growth we've seen in the last 18 months in the inventory of unsold homes has contributed to an increase in the use of open houses as a sales tool"
Mortgage-backed securities sell off after HSBC warning (Market Watch) NEW YORK (MarketWatch) -- News from HSBC Holdings and New Century Financial of an increase in sub-prime mortgage defaults sparked heavy selling of some types of mortgage-linked securities.
Two Surveys Note Rise In Mortgage Rates (The Denver Channel) Some analysts say mortgage rates are going up because of Alan Greenspan's comments.via