Reed?s bill would assist homeowners facing mortgage foreclosures (The Providence Journal) Aida Maria Jansen tells of her experiences with a mortgage company at a news conference yesterday in Providence.read more...
Mortgage counseling service faces lawsuit (Memphis Commercial Appeal) A second mortgage counseling service in Memphis has come under legal fire from the Tennessee attorney general.read more...
Payroll snafus hit firefighters, paramedics Chicago firefighters and paramedics who put their lives on the line every day are getting shortchanged: They're owed thousands of dollars apiece because of payroll mistakes that have dragged on
China could spike mortgage rates (San Jose Mercury News) China's recent signal that it may diversify its foreign investments in 2006 has mortgage industry watchers concerned that if China buys fewer U.S. Treasury securities this year, it may drive
Billions to state from housing; Industry generates 11% of California's economy, study says The housing industry contributed more than a quarter-trillion dollars, about 11 percent of total output, to California's economy last year, according to a home building group.read more...
Minimal rise in housing prices reflects continuing slowdown The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported this
SAN FRANCISCO (MarketWatch)—On the eve of much-anticipated earnings reports from some of the biggest bankers in the country, discount broker E-Trade Financial Corp. said that it planned to exit the wholesale-mortgage business and also lowered its profit expectations more than 25% for the year.
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