Mortgage lenders slow to home in on rates cut (Edinburgh Evening News) MAJOR mortgage lenders are being slow to pass on last week's interest rate cut to their customers.read more...
Lawmakers zero in on mortgage brokers (Concord Monitor) Mortgage brokers, under fire for steering borrowers into high-cost home loans, are a prime target of fair-lending legislation soon to be unveiled on Capitol Hill.read more...
Mortgage crisis hits Los Angeles (Radio Netherlands) The American Dream is turning into a nightmare for many home-owners who are forced to sell their property as mortgage tariffs are increased. Bargain
Mortgage firm shuts 10 offices in Mich. (Detroit News) Ten Michigan branch offices of Ameriquest Mortgage Co. were abruptly closed Tuesday and scores of employees were terminated.read more...
Homeowner Faces Frustration When Teardown Project Slows Columnist Nancy Keates is six months into her plans to knock down her home and build anew, yet she's seen little progress. She hopes to prod her architect into action,
American Home Mortgage to close (CNN.com) NEW YORK (Reuters) -- American Home Mortgage Investment Corp plans to close most operations Friday and said nearly 7,000 employees will lose their jobs, as the lender becomes one of
George Gutowski submits: H&R Block lost a lot of shareholder money. Losses of approximately $85.5 million have been reported as a result of losses in the sub-prime mortgage market.
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