Katrina boosts building material prices in area Hurricane Katrina's destruction is putting more pressure on the already heated housing market - even in the Baltimore area, a thousand miles away.read more...
Housing fund ups its mortgage rates (Shenzhen Daily) Updated: 2006-05-08 09:38 (China Daily) The country's public housing fund has raised its mortgage rates for individual house buyers by 18 basis points effective May 8, the official Xinhua news agency said Saturday.read more...
Barclays buys HomeEq's mortgage servicing business (bizjournals.com via Yahoo! Finance) Barclays Bank on Thursday agreed to pay $469 million to buy the mortgage servicing business of HomEq Servicing Corp. from Wachovia Corp.read more...
Subprime Debacle Traps Even Very Credit-Worthy As the number of subprime loans mushroomed an increasing proportion of them went to people with relatively good credit, according to an analysis by The Wall Street Journal.
As mortgage market tumbles, ad spending by lenders persists (International Herald Tribune) Mortgage experts say spending will be strong into the spring, a prime buying time for the housing market. But consumer advocates say the ads are misleading.read more...
Ron Smith Joins Colonial National Mortgage as Southern U.S. Vice President (PR Newswire via Yahoo! Finance) Ron Smith, a veteran mortgage banker with 25 years experience in residential home lending, has joined Colonial National Mortgage as Vice President of the company's southern U.S. retail operations.read
We recently were handed a solicitation obtained via a TV commercial. It suggests calling an “AARP counselor to obtain a certificate for a reverse mortgage.” We wondered whether this offer—very attractive during a relatively slow housing market—was legit.
read more…
This entry was posted
on Thursday, February 8th, 2007 at 4:15 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply