Orlando’s median home tops $200K (Reg Req’d)
A shrinking inventory and bidding wars pushed the median price of an existing home past $200,000 for the first time in Orlando history last month.
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Brokers claim lack of understanding over mortgage PPI (Insurance Window) In the first survey of mortgage brokers and intermediaries on their attitude towards mortgage payment protection insurance (MPPI) since the FSA revealed the results of its thematic review, Assurant Solutions
The money market (Reg Req'd) Savings: Treasury bills 3 months 3.47 3.48 1.69 6 months 3.81 3.81 1.94 Savings: U.S. savings bonds ARM Index: LIBOR ARM Index: Cost of funds June '05 July '04 2.757
Tough housing market complicates divorce In an ironic twist, couples who are splitting up are fighting over who gets burdened with the house.read more...
The state-owned Capital bank has started developing its own mortgage... The state-owned Capital bank has started developing its own mortgage lending program, the bank's Board chairman Rauf Rzayev told today's news briefing.read more...
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Judge orders mortgage scammers to pay $5.4 million (Pioneer Press) A federal judge Thursday ordered five people and a defunct corporation to pay more than $5.4 million to victims in what has been called the state's biggest mortgage fraud case.