State agency seeks help as number of mortgage fraud cases rise (East Valley Tribune) Burdened by a climbing number of mortgage fraud complaints, the state agency that regulates Arizona lenders is looking to outside accounting firms and fraud examiners to help investigate cases.read more...
Federal Agricultural Mortgage, Targacept and North American Galvanizing & Coatings Inc lead small-cap percentage losers (SmallCapInvestor.com via Yahoo! Finance) Federal Agricultural Mortgage Corp. , Targacept Inc. and North American Galvanizing & Coatings Inc. are among the biggest percentage losers in Tuesday's...read more...
New Century Leads Drop in Shares of Mortgage Lenders (Update3) (Bloomberg.com) March 5 (Bloomberg) -- Shares of New Century Financial Corp. suffered their biggest drop ever, leading a decline in subprime mortgage companies and less-risky lenders.read more...
Confused by all the Mortgage Options? Here's Help (Sleepy Eye Herald Dispatch) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
May house price growth 'sluggish' Affordability is still a problem for first-time buyers UK house price growth was "sluggish" in May, according to the latest survey from the Nationwide.read more...
Use DIY method of extra loan payments The DIY approach is best when making extra mortgage payments, says Dr. Don Taylor.read more...
“Housing is contracting at an accelerating pace, taking out with a vengeance the brief stabilization at the turn of the year”
Sales of existing homes fell for a fourth straight month in June and even a small increase in home prices was not enough to lift the gloom surrounding the housing industry.
The National Association of Realtors reported that sales of existing homes dropped by 3.8 percent in June to a seasonally adjusted annual rate of 5.75 million units, the slowest sales pace in 4 1/2 years.
The median price of an existing home edged up slightly to $230,300 in June, a 0.1 percent increase from the sales price a year ago. That was the first year-over-year price increase in 11 months but analysts cautioned that it would take more months to determine whether the downward trend in prices has finally stabilized. Read more
read more…
This entry was posted
on Wednesday, July 25th, 2007 at 8:20 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply