Alt-A
· An abbreviation for “Alternative-A,” a type of loan that doesn’t quite hew to traditional mortgage-underwriting guidelines.
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Foreclosures Mortgage foreclosures filed with the civil division of the Circuit Court for August 2007. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter
Citizens Banking Corporation Selects PHH Mortgage as Mortgage Strategic Partner (SYS-CON Media) Citizens Banking Corporation announced today that it has selected PHH Mortgage, a subsidiary of PHH Corporation , as a strategic partner for its mortgage loan business.read more...
Remodeling is a bit sluggish Home remodeling was down about 6 percent in late 2006, after more than a decade of strong increases.Commentread more...
30-year mortgage rates break above key 6% line (CBS Market Watch) CHICAGO (MarketWatch) - The benchmark 30-year fixed mortgage rate pierced 6% for the first time in more than six months this week, according to the latest Freddie Mac survey on
Record rise in NZ home affordability - new report Falling house prices, coupled with lower interest rates have driven the biggest improvement in home affordability in the past six years.read more...
U.S. mortgage applications fell last week (UPI) WASHINGTON, April 19 (UPI) -- The number of U.S. mortgage applications last week fell 1.7 percent, an industry group said Wednesday. However, the Mortgage Bankers Association also said the 4-week