American Home Mortgage ceases business in Tennessee (bizjournals.com via Yahoo! Finance) The state has issued an emergency "cease and desist" order for all mortgage lenders in the state doing business under the umbrella of American Home Mortgage Investment Corp.read more...
Mortgage lenders slow to claim ownership of foreclosed homes (Ohio News Network) COLUMBUS, Ohio -- Neighbors and regulators often can't figure out who is responsible for neglected, foreclosed homes because mortgage lenders routinely do not file paperwork documenting their ownership for months
WaMu CEO: Mortgage biz looks tough in 2007 (CNN Money) Banking chief says he expects another bleak year in mortgage industry, citing overcapacity, low margins.read more...
FOR SOME, DEDUCTING MORTGAGE INTEREST MAY BE OVER- VALUED: Homeowners' tax break could end (The Charlotte Observer) President Bush's tax-overhaul commission is considering an idea to eliminate the vile alternative minimum tax by, among other things, trimming the break homeowners get on mortgage interest.read more...
Housing Slowdown Spreading Nationwide There are signs a housing slowdown that has gripped certain high-growth markets during the past few quarters, is now spreading nationwide.read more...
NetBank reports profitable second-quarter with earnings that beat estimates by a penny Sorting... Please wait. Source URL Options NetBank Inc. on Aug. 3 reported second-quarter net income of $2.3 million, of 5 cents per share, compared to net income of $8.5 million,
Housing starts rebounded from a nine-year low in February, according to the latest government reading on the battered home-building industry, but ongoing weakness led builders to pull back on plans for more …
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