RBA to consider impact of mortgage hikes (Port Macquarie News) The Reserve Bank of Australia will consider the effect of recent mortgage rate hikes by the major banks before deciding on moving official rates next month, governor Glenn Stevens says.read
Demolition changes MAYBEE n Splintering wood, breaking glass and billows of dust signaled the passing of an era Wednesday as the buildings that housed Banas Building Center for 60 years fell to
Ski-Home Investment Sees a Steep Appreciation A mortgage-company owner and his wife make a bet that the real-estate fortunes of Mammoth Lakes, Calif., will improve. They purchase a modest ski townhome with two other couples and
MORTGAGE TERMS YOU SHOULD KNOW (Akron Beacon Journal) MORTGAGE TERMS YOU SHOULD KNOW Mortgagor: The borrower. Mortgagee: The lender. ARM (Adjustable rate mortgage): A loan in which the interest rate may fluctuate, increasing or decreasing, during the course
HBOS profit up 3 percent as retail margins hit Britain's biggest mortgage lender HBOS Plc posted a 3 percent rise in annual underlying profit on Wednesday, just short of analysts' expectations, as margins in its core retail business
Couple sentenced in mortgage fraud (The News & Observer) A Durham couple was sentenced in federal court in Greenville Monday for a $1 million-plus mortgage fraud scheme.read more...
Oct. 3 (Bloomberg)—Bear Stearns Cos., the second-biggest underwriter of U.S. mortgage-backed securities, is cutting 310 jobs from its units that originate mortgages after the firm reported the biggest profit decline in more than a decade.
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