Big banks shun risk, mortgage industry (The Cincinnati Post) NEW YORK - For the mortgage industry, Wall Street's big investment banks might seem like one of those friends who disappear when the going gets tough.read more...
Mortgage rates tumble -- along with jobs Mortgage rates tumbled to their lowest level in four months as a shockingly downbeat employment report convinced investors that a Fed rate cut is at hand.read more...
(AFX UK Focus) 2005-09-14 13:26 GMT: Mortgage applications off 1.4% in holiday-shortened week (Interactive Investor) WASHINGTON (AFX) -- The volume of mortgage applications slipped 1.4% in the holiday-shortened week ended Sept. 9 compared to the prior week, according to the Mortgage Bankers Association.read more...
N.Va. Home Assessments Expected to Hold Steady The era of double-digit property assessment increases for Northern Virginia homeowners appears to be over. Government officials say a rapidly cooling housing market means residents can expect minimal growth
Mortgage loans at new record despite rate rise (Guardian Unlimited) Mortgage lending soared to a new record last month despite the rate rise on August 3.read more...
Fine art at its finest An abstract painting in glorious orange and red. A glass sculpture that catches and scatters the sunlight.Commentread more...
New Century Financial Corp.’s New Century Mortgage Corp. and its subsidiaries can no longer sell mortgage loans directly to the Federal National Mortgage Association, or Fannie Mae, or serve as the primary servicer of Fannie Mae mortgage loans, the company said in a Tuesday Securities and Exchange Commission filing.
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