Builder stocks mixed after May construction-spending decline Home-builder shares were mixed on Monday after a government report estimated U.S. construction spending unexpectedly fell in May.read more...
Shares battered as mortgage fears rise (Financial Times) US stocks suffered their worst fall in nearly five months yesterday after fears that problems in the mortgage market are spreading and investor appetite for complex debt instruments is drying
Fed chief backs mortgage giants (Akron Beacon Journal) Associated Press WASHINGTON: Federal Reserve Chairman Ben Bernanke told Congress Wednesday that mortgage giants Fannie Mae and Freddie Mac are in ''no danger of failing.''read more...
Mortgage delinquencies, defaults spreading: AIG (Reuters via Yahoo! News) American International Group, one of the biggest U.S. mortgage lenders, warned on Thursday that mortgage defaults are spreading.read more...
Is Your House Overvalued? Four days after Alan Greenspan, the Federal Reserve chairman, pronounced the nation's housing market frothy, a new report on home prices this week suggested that he might have been understating
Home where heart is When Murfreesboro natives Scott and Beth Dempsey found out the house at 1107 E. Main St.read more...
Maryland’s Division of Financial Regulation has ordered Frederick C. Lee Jr. and his Georgia company, Financial Independence Group, to stop all mortgage-related business after discovering that Lee and his company were originating loans in Maryland without a license.
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