Mortgage Rate Highest Since Mid-2002 (Builder Online) The nation's benchmark mortgage rate has risen for the fifth consecutive week, hitting its highest level in nearly four years.read more...
Ownit Mortgage Solutions(TM) Launches Additional 45-Year Loan (Market Wire via Yahoo! Finance) Ownit Mortgage Solutions introduces a new loan in their innovative 45-year RightLoan? to help brokers meet buyer demand for lower payments. The new 2/43 loan is a 2-year fixed
FHA Chief Navigates an Unfamiliar Path The Federal Housing Administration's chief has impressed lawmakers at a time when economic issues have become partisan slugfests. He will be put to the test as Democrats and Bush spar
Mortgage Flipping Trial (WLBT 3) The federal government began outlining its case in a mortgage flipping trial in Hattiesburg Monday afternoon. Hattiesburg attorney Kim Castle, alleged ringleader Richard Lucas, and Real Estate Aappraiser Kenneth Stalnaker
Inside Track: Insiders buy at Advanced Micro, sell at Patterson-UTI John Kozey of Thomson Financial examines which insiders recently were buying and selling shares in their companies.read more...
Mortgage v super (Moneymanager) You resist the temptation to blow it on a holiday or a new lounge suite. You will either use it to pay down your mortgage or put it into your
Sept. 6 (Bloomberg)—Lehman Brothers Holdings Inc., the biggest underwriter of U.S. bonds backed by home loans, said it will cut 850 more jobs because of reductions in the size of its mortgage operations in the U.S. and overseas.
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