Reverse mortgage market doubles (TVNZ) The number of retired people borrowing long term against equity in their home is on the rise. The latest survey of New Zealand's reverse mortgage market shows it has doubled
States probe banks' role in risky loans Authorities in New York and Connecticut are investigating whether Wall Street banks hid crucial information about high-risk loans bundled into securities that were sold to investors, Connecticut's Attorney ...
Mortgage rates dip for third consecutive week (Provo Daily Herald) WASHINGTON -- Mortgage rates around the country dipped for a third week in a row, pushing 30-year mortgages to their lowest level since April. Mortgage giant
Lawmakers Tackle Mortgage Giant Reform Amid a worsening housing slump, Senate and House lawmakers are pushing different approaches to strengthen oversight of the two government-backed mortgage giants, Fannie Mae and Freddie Mac.The housing downturn
Housing Starts in U.S. Probably Remained Close to 17-Month Low During May New home construction probably remained near a 17-month low during May as rising mortgage rates discouraged would-be buyers, economists said in advance of a government report today.read more...
The Mortgage Resource Center, A Free Online Resource, Announces Expanded Offering of Free Content For Mortgage & (PR Web) There are now one dozen articles on The Mortgage Resource Center, www.mortgage-resource-center.com, that we can license for free use on your mortgage or finance website. There is a link at
Now that the mortgage crisis has forced several high-profile lenders out of business, would-be homebuyers are banking on, well, banks to give them loans. The boomerang back to old-fashioned lenders comes at the expense of troubled companies such as HomeBanc and Countrywide that had thrived during the nation’s long housing boom. That new breed of lender had lured away customers with low rates and …
read more…
This entry was posted
on Tuesday, August 28th, 2007 at 8:21 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