Bradford and Bingley says on track Mortgage bank Bradford & Bingley may take another charge to cover liabilities related to mis-selling of past endowment policies, it said on Thursday, overshadowing strong trading so far this year.read
Mortgage Co. ResCap to Cut 1,000 Jobs (AP via Yahoo! Finance) In the second major job cut this year, Residential Capital LLC announced it would eliminate 1,000 jobs due to the "deterioration of the subprime mortgage market."read more...
Mortgage Rates Drop to Lowest Level Since March (Fox News) Mortgage rates dropped to their lowest point since early March this week.read more...
Data confirm increased use of 'creative' mortgages Faced with rising interest rates, more U.S. home buyers sought savings by opting for riskier nontraditional mortgages in the early part of this year compared with late last year, more
Mortgage crisis lacks punch in Kossuth (Mid-Iowa News) ALGONA - United States representatives and senators debate bills to bail out the mortgage crisis. Mortgage loan delinquency (ratio of borrowers 60 or more days past due) increase for the
SI Bank & Trust Aiming High In Region Willimantic The chairman of SI Financial Group, which owns the Savings Institute Bank & Trust Co., told shareholders Wednesday that his bank wants to become the "pre-eminent" financial services provider
This Ohio city is taking an unusual approach of allowing its depressed and depopulating areas to empty out to halt decay.

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