Mortgage rate at eight-month high (Tulsa World)
The nation’s benchmark mortgage rate has risen for a third straight week, hitting its highest level in eight months.
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First local lender falls victim to sluggish mortgage industry: Santa Cruz Mortgage shuts down (Santa Cruz Sentinel) SANTA CRUZ ? After 26 years in business, Santa Cruz Mortgage has suspended operations indefinitely, caught up in crisis in the wake of risky loans gone sour.read more...
U.S. expands inquiry of mortgage industry standards (International Herald Tribune) The government is stepping up its criminal investigation of the mortgage industry and focusing on whether lenders turned a blind eye to inflated income figures provided by would-be borrowers.read more...
Don't Be Fooled By Loan Rates Before I became a financial writer, I spent fifteen years working in insurance and banking.read more...
Men tried to buy duplex with stolen ID, police say Police arrested two Near East Side men yesterday, saying they took out a $205,000 mortgage on a commercial property using a stolen driver's license.read more...
China knocks Washington's door manufacturers are either learning to cope with escalating competition from China ... or they're closing their doors.read more...
City sets time frame for coliseum project (Reg Req'd) If all goes as planned, city staff will have a contract by late October with a company that will transform Memorial Coliseum, but it's not clear what the transformation will