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Bank eyes mortgage market intervention (Reuters via Yahoo! UK & Ireland News) Authorities, under pressure to ease strains in the mortgage market, are considering a scheme that would allow lenders to swap mortgage collateral for government bonds, a Treasury source said on
30-Year Rate Hits 8-Month Low Rates on 30-year mortgages fell sharply this week to the lowest level in eight months, reflecting easing inflation concerns. read more...
Strategies can temper inflation's erosion We are in a time of rising inflation. It might last for a while. There's not much a consumer can do about $103-a-barrel oil or $4.50-a-gallon milk. via The
Brokers upbeat about mortgage market (Money Marketing Online) Broker confidence in the mortgage industry is the highest it has been in over ten years, according to a poll by the Mortgage Trust.read more...
Contract - Home Loan - Statute Of Frauds The statute of frauds does not bar plaintiffs' contract, fraud and Michigan Mortgage Brokers, Lenders and Servicers Act claims against defendant-lending institution because the four documents plaintiffs ...Commentread more...
UBS upgrades Meritage Corp. on backlog, markets Analysts at UBS Investment Research on Tuesday upgraded shares of Meritage Homes Corp.read more...