US mortgage woes ‘hit car firms’
Mr Lutz says the housing market is in “meltdown” Ongoing problems in the American mortgage market have hit US car sales this month, General Motors’ Vice-Chairman Bob Lutz has warned. via BBC
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Minorities are more likely to pay higher mortgage rates (Seattle Times) Blacks and Hispanics in the Seattle area are far more likely than whites to pay home-mortgage interest that is significantly above market...read more...
What a Week: Drama Kings The foils for the stock market this week were many, but the damage was relatively minimal.Commentread more...
Lawsuit alleges discrimination at former H&R Block mortgage company (The Kansas City Star) Massachusetts' attorney general Tuesday accused H&R Block Inc. and its former Option One Mortgage Corp. subsidiary of discriminating against black and Latino borrowers as it made allegedly predatory loans to
Record drop in January home prices "I wouldn't be looking for a pattern of improvement until April, May or June" Home prices in many cities continued to plunge by record levels in January as sellers
Mortgage lending sinks to lowest figure since 2005 (Guardian Unlimited) Mortgage lending tumbled to a two-and-a-half year low in December, reveals figures from the Council of Mortgage Lendersread more...
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April 24th, 2007
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