Mortgage Application Volume Rises (Fox News)
However, MBA’s chief economist warns rise in volume could be deceiving of the true mortgage landscape
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Dodd repeats denial of mortgage wrongdoing (The Charlotte Observer) Sen. Christopher Dodd said Monday that the controversy over two loans he received will not compromise his ability to lead Congress' efforts to ease the subprime mortgage meltdown. Dodd, D-Conn.,
S. Korean Mortgage Loan Growth Drops (Asia Pulse via Yahoo! Australia & NZ News) The extension of mortgage loans by major South Korean banks grew at their slowest pace in five months in August, as the lenders cut back on the lending due to
In The News Today "We would characterize this situation as a systemic margin call." Here is a picture of what the bailout that was certain, like Friday's $200 billion to fix everything, is
U.S. homeowners grappling with debt BOSTON, Jan. 2 U.S. homeowners grappling with debt will be central figures of the 2007 U.S. economy, many economists say.Commentread more...
Subprime Fears Spread, Triggering Calls for Reform Worries are mounting on Wall Street and in Washington about the subprime mortgage market. Politicians are publicly urging that something be done to bail out stretched homeowners and to bring
Home remodeling company holding its own "One father had a stroke and we remodeled the bathroom to accommodate his needs." Southern California's housing market has weathered a severe downturn over the past year, with heavy