USA Capital Cuts $58M Deal with... Allison LAS VEGAS-USA Commercial Mortgage Company has made progress in its two-month-old effort to reorganize under Chapter 11 of the US Bankruptcy Code.read more...
Business 101 (Reg Req'd) News: The Pending Home Sales Index was essentially flat in March after a healthy rise during the previous month.via
Ex-Countrywide Chief Forms Mortgage Buyout Firm (NPR) The former head of troubled mortgage lender Countrywide hopes to cash in on the mortgage crisis with a new venture. Stanford Kurland is heading up a company called PennyMac, which
Mortgage rates reach 6% range (Baltimore Sun) Higher borrowing costs could deflate housing bubble Americans may have seen the last of long-term mortgage rates below 6 percent, and borrowing costs for home buyers likely will
HOUSTON MORTGAGE MONITOR (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
Project Meets With Resistance read more...
I wondered: Could this be possible? The direct-mail solicitation claimed that we could shave years off the life of our 30-year mortgage and save thousands of dollars in interest by making half our mortgage payment every two weeks instead paying once a month. Of course, there was a fee.
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