Jondi Gumz, Reporter at Large: Mortgage world must return to common sense (Santa Cruz Sentinel)
Mortgage consultant Tai Boutell is still getting e-mails offering loans ? loans where you need not prove your income.
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Mortgage applications decrease last week (Reuters via Yahoo! News) Applications for U.S. home mortgages fell last week due to a sharp decline in purchasing and refinancing activity as mortgage rates rose slightly, an industry group said on Wednesday.via
Jumbo loan rates finally decline The interest rates for jumbo mortgage loans are coming down, but standards for qualifying are much tighter.read more...
Government may soon back troubled mortgage giants (AP via Yahoo! News) The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the
Wells Fargo denies race factor in mortgage rates Wells Fargo & Co. is charging higher home mortgage loans interest rates to blacks and Hispanics than to whites in Nevada and Las Vegas, according to ACORN, a community activist
Protect Yourself From ID Theft A clean legal record and credit history open the door for work, mortgage loans and other day-to-day privileges that most people take for granted.read more...
Japan Financial Stocks Fall in U.S. on Mortgage Lender Concern (Bloomberg.com) July 8 (Bloomberg) -- Japan's financial stocks fell in New York after analysts said the two largest U.S. mortgage-finance companies may have to raise more capital, raising concern global banks