Credit-Card Crunch Crimps Home-Equity Loans While many holders of these loans and other lines of credit benefit from recent Fed rate cuts, such loans are now tougher to get.
read more...
Freddie Mac boosts mortgage servicer incentives (Reuters via Yahoo! News) Freddie Mac , the second-biggest provider of funding for U.S. residential mortgages, on Thursday said it is boosting incentives to mortgage servicing companies to help more borrowers renegotiate loans
Cheap mortgage era ends with rate rise (Times Online) The Bank of England pushed ahead with a fifth rise in interest rates in less than a year yesterday, lifting borrowing costs to a six-year high just as millions more
Have 1st and 2nd mortgage, but need cash If you have enough equity, your choices include a cash-out refi or a home equity line of credit, says Dr. Don. Each has advantages.read more...
OCBC To Raise Pvt Home Mortgage Rate By 25bp Aug 31 -2- (Dow Jones via Yahoo! Asia News) OCBC's Benchmark Pvt Home Rate To Rise 25bp To 6.05% (MORE TO FOLLOW) Dow Jones Newswires
6 plead guilty to mortgage fraud (Miami Herald) Six defendants have pleaded guilty to participating in a $17 million mortgage fraud scheme in Miami-Dade County involving inflated property values and falsified closing statements, Florida's attorney general announced Monday.read
An exchange-traded fund designed to track real estate investment trusts that specialize in residential and commercial loans has been socked by the problems gripping the mortgage market.
read more…
This entry was posted
on Saturday, August 11th, 2007 at 4:21 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