Ahead of the Bell: Mortgage Lenders (AP via Yahoo! Finance)
Analysts continued issuing bearish reports on mortgage lenders Monday as the home lending industry showed further signs of distress.
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Fears grow mortgage rate could hit 4% by 2007 end MORTGAGE rates could hit at least 4% by the end of 2007, according to unnamed European Central Bank sources.read more...
Mortgage exec: Risky loans hurt industry (AP via Yahoo! News) Troubles with risky mortgages have given the entire industry a black eye, a top mortgage-banking executive said Tuesday.read more...
Text of G-7 plan of action Text of G-7 finance ministers and central bank governors' plan of action, as provided by the Treasury Department:___The G-7 agrees today that the current situation calls for urgent and exceptional
Former Haitian paramilitary leader pleads not guilty to mortgage fraud charges (Newsday) A former Haitian paramilitary leader, convicted of leading the massacre of hundreds in his home country, did not leave behind his life of crime when he moved to New York
Color shouldn't be blinding (Reg Req'd) IN THE KNOW: In Orange County last year, a Hispanic homebuyer was six times as likely to get a high-priced loan as a white borrower, a study found.read more...
Frank Lloyd Wright's 'other' Pa. house: Kentuck Knob (Reg Req'd) For 30 years, Bernardine Hagan and her husband, I.N. Hagan, lived in a dream home of hand-hewn sandstone, cypress wood and glass.via