'Piggyback' Loans Allowed by Freddie Fed Mortgage Risks (Washington Post) For a glimpse of the risks that infected the mortgage business in recent years, consider a small slice of what happened at Freddie Mac, the giant home-loan investor chartered by
Mortgage lending slips from highs (ShareCast via Yahoo! UK & Ireland Finance) Mortgage lending growth slipped back in January, according to the latest official report though the value of loan approvals has picked up.read more...
Home Sales Continue at Torrid Pace Sales and prices of existing homes rose to record highs in April, an industry group reported yesterday, four days after Federal Reserve Chairman Alan Greenspan warned in his strongest
Mortgage lenders predict 18.7% dip (Honolulu Advertiser) ORLANDO, Fla. ? Mortgage lending in the U.S. is expected to drop 18.7 percent next year as borrowing costs rise, cutting into the demand for housing and mortgage refinancings that
Two arrested in construction site thefts A whirlpool tub, dozens of generators and a collection of paintings were among the items authorities recovered after breaking up a suspected theft ring that targeted construction sites from Pasco
Banking Department orders local company to cease and desist The Nebraska Department of Banking and Finance said it issued a cease and desist order and an order of denial for a mortgage bankers license against AA Lending Corp., a
Budapest Bank , a member of GE ’s financial services division, had consolidated Hungarian-accounting-standards after-tax profit of Ft 7.492 billion in 2006, gaining more than 30,000 new customers, the bank said …
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