Suit claims home builder violated mortgage law (BizJournals) One of the nation's largest home builders is being accused of wrongly forcing buyers to finance their homes with mortgages it provided.read more...
Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question submitted during a recent online chat. read more...
New Home Construction Unchanged in June WASHINGTON Jul 19, 2005 , Construction of new homes and apartments showed no change in June following a decline the month before with weakness in every part of the country
GE Bond fund reports mortgage-related woes (Market Watch) HONG KONG (MarketWatch) -- A bond fund run by General Electric Asset Management has sustained losses in mortgage and asset-backed securities and will offer investors redemption below par, according to
Conventional mortgage yields higher, steady bill (Rocky Mountain News) Unlike a conventional 30-year mortgage, interest-only loans don't require payments toward the principal amount for the first three to seven years. After that initial grace period, borrowers face much higher
Mortgage Choice rejects merger (Daily Telegraph) FINANCIAL planning group Count Financial revealed it had approached Mortgage Choice with a merger proposal, but its advances were rejected by the mortgage broker.read more...
Turmoil in the mortgage markets snared another victim Monday.
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