Durham nonprofit's president named to banking commission The president and chief operating officer of Durham's Center for Responsible Lending has been named deputy commissioner of the North Carolina Banking Commission .read more...
Plan to freeze mortgage rates draws swarm of doubters (Houston Chronicle) A government proposal to freeze interest rates on home loans made to borrowers with weak credit would have limited impact in stemming a surge of foreclosures, analysts say. Treasury Secretary
Europe's Record Mortgage Bonds Aided by Government Growth Needs (Bloomberg.com) Nov. 29 (Bloomberg) -- Banks in Europe are selling a record $101 billion of mortgage-backed bonds this year as governments increasingly provide incentives for home ownership that may invigorate their
The Mortgage Resource Center, A Free Online Resource, Announces Opening, Offering Advice For Consumers Plus Free (PR Web) The Mortgage Resource Center offers more than 70 unbiased articles on the different types of mortgages available, including advice on how to save when obtaining a mortgage. Several articles are
Mortgage rates post a slight decline (AP via Yahoo! News) Mortgage rates declined slightly this week as investors grew more hopeful that the Federal Reserve's long string of rate hikes is drawing to a close.read more...
Dollar Falls to Lowest in Two Months on U.S. Mortgage Concerns (Bloomberg.com) July 24 (Bloomberg) -- The dollar fell to the lowest in two months against the yen and the weakest versus the British pound in 26 years on concern U.S. subprime
Bill Allen submits: As a companion to my previous discussion of the mortgage market, investors may want to take a look at the recently issued 10-K for Annaly Capital Management . With CEO Michael Farrell at the helm, the firm remains one of the best managed and well-capitalized mortgage real estate investment trusts, and [... ]
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