Fed Lifts Funds Rate to 4% In 12th Straight Increase The Federal Reserve raised interest rates lifting the key federal-funds rate by a quarter percentage point to 4%, as evidence grows that the central bank intends to slow the economy
American sub-prime mortgage ills infect UK markets (Times Online) Cambridge Place, the London fund manager, was forced to close its $908 million (£450 million) listed fund yesterday as contagion from the embattled US sub-prime mortgage market continued to spread
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
Shiloh renters will pay bigger deposits for utilities New residents hooking up to village utilities will pay higher security deposits after a unanimous Village Council vote Monday.via
Five steps to healthy credit Your low credit score could be costing you thousands of dollars a year, maybe even more. via South Florida Sun-Sentinel read more...
TeleTech and LenderLive Partnership Transforms Mortgage Processing (PR Newswire via Yahoo! Finance) TeleTech Holdings, Inc. , a leading global business process outsourcing provider of customer management and transaction-based processing solutions, and LenderLive, a leading mortgage fulfillment provider, have entered into an
In a tumultuous real estate market, more strapped homeowners, lenders are striking ‘short sale’ deals A growing number of homeowners who can’t pay their mortgages are ditching their homes in a way that damages their credit and forces almost all involved to take a loss.
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