GE Plans to Sell WMC Subprime Lending Unit: Memo "The current sub-prime market environment has made a significant negative impact on the business." General Electric Co. has decided to sell its WMC Mortgage subprime lending business, the lender
Introducing eLoanBid.com: A Loan Pricing and Bidding Service for the Mortgage Loan Community (PR Web via Yahoo! News) Scottsdale, AZ (PRWEB) May 16, 2006 -- Mortgage Brokers, Loan Officers and Lenders are now able to seal their deals in record time with a new online service offered
UK mortgage repossessions on the rise due to higher interest rates - CML (Sharewatch) It said that the number of mortgage repossessions increased to 8,860 in the second half of 2006 from 8,140 in the first six months. This took the total for the
Struggling: Home building falls to an all-time low The sound of hammering is far less frequent in the Upper Valley, as it settles into the worst home building slump in its recorded history.read more...
U.S. Mortgage Rates Keep Sliding (Fox 6 News San Diego) U.S. mortgage rates remain in freefall with the average 30-year fixed rate mortgage tumbling to 6.08 percent, the lowest since October 2005.read more...
Can't Get a Mortgage? Try Your Credit Union As many lenders tighten loan underwriting standards and interest rates on jumbo mortgages rise, consumers may still have luck securing a home loan.
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‘If it weren’t for Bob, I wouldn’t have bought my first house’ Re: ’ Industry mourns loss of Robert Bruss ’ Bob Bruss was a brilliant, humble man who always made time to mentor and encourage others. via Inman Real Estate News
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