Barclays ?wide open? to new mortgage business (Financial Times) Barclays said it was ?wide open? for new mortgage business at a time when other lenders were reining back because of the credit squeeze.read more...
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Iowa's foreclosure rate outpaces nation DES MOINES, Iowa For the first time in 30 years, the number of Iowans losing their homes to foreclosure is outpacing the rest of the nation.read more...
Biden: Protect taxpayers in mortgage rescue (AP via Yahoo! News) Joe Biden says the government's rescue of the big mortgage companies Freddie Mac and Fannie Mae should not mean bailing out shareholders at the expense of taxpayers.read more...
Region homes fly off streets Existing home sales in Northwest Indiana hit the roof in May, increasing 15 percent over one year ago.via
March 9 (Bloomberg)—General Electric Co.’s U.S. mortgage unit will curtail lending and fire 460 workers, or 20 percent of staff, amid a rise in defaults by people with poor credit.
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