Homeowners continue to fall behind on mortgage payments (KVOA Tucson)
PHOENIX —Arizona homeowners have fallen behind on their mortgage payments this summer, an indication that foreclosures will continue to climb.
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Gardener's Paradise Built for Growing Families Karen Cepko remembers the day the cows invaded. "One afternoon I had three cows in my back yard, eating my grass," Cepko said. They had wandered in from the
Mortgage Company Fannie Mae Discovers Additional Errors in Government-Ordered Accounting Review (Money Sense) As it continues to peel through the onion-like layers of its $11 billion faulty accounting, mortgage company Fannie Mae disclosed Monday that it has found additional errors in its government-ordered
Mortgage rates follow home prices down (The Kansas City Star) The benchmark mortgage rate has fallen in five of the last six weeks, and home prices are falling as well.read more...
RBS's Citizens quits U.S. broker mortgage channel (Reuters via Yahoo! UK & Ireland News) Royal Bank of Scotland's U.S. arm Citizens is to quit one its three mortgage channels to increase its focus on direct loans to consumers rather than brokers.read more...
Mortgage applications rise, rates near lows: group (Reuters via Yahoo! News) Mortgage applications rose last week, with demand hitting its highest level in nearly a year as interest rates hovered near recent lows, an industry group said on Wednesday.read more...
Fed finally takes steps to tighten mortgage-lending rules (Colorado Springs Gazette) The Federal Reserve Board (motto: ?Too little, too late?) has finally decided the time has come to clean up the act of mortgage lenders and servicers.read more...