U.S. MBA's Mortgage Applications Index Fell 3.4% Last Week (Bloomberg.com) June 20 (Bloomberg) -- Mortgage applications in the U.S. fell last week, signaling mortgage rates near an 11-month high may be starting to discourage home purchases and refinancing.read more...
Citizens Banking Corporation Selects PHH Mortgage as Mortgage Strategic Partner (PR Newswire via Yahoo! Finance) Citizens Banking Corporation announced today that it has selected PHH Mortgage, a subsidiary of PHH Corporation , as a strategic partner for its mortgage loan business.read more...
Mortgage non-disclosure is trouble for Richardson (The Hill) Rep. Laura Richardson (D-Calif.) could face fines for leaving a heavily indebted mortgage off her financial disclosure statement, according to campaign finance experts.read more...
Major Builder Expands to Reno A fast-growing Las Vegas construction company is entering the Reno market. PENTA Building Group, which in five years has grown to nearly $300 million in annual revenue and broken into
KB Home Earnings Nearly Double, Outlook Raised Builder KB Home on Thursday said quarterly profit nearly doubled and the company raised its 2005 earnings forecast, helped by higher prices, increased sales and lower overhead expenses.read more...
Mortgage fraud in Cities on FBI radar (Minneapolis-St. Paul Star Tribune) Federal investigators are probing a renewed rash of potential mortgage fraud in the Twin Cities area in response to reports of a large number of unusual real estate transactions in
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