State takes action against mortgage firms, citing alleged abuses (Boston Globe) State regulators have ordered 11 mortgage brokers to stop doing business after investigators found evidence that some brokers steered prospective home buyers into mortgages they couldn't afford, and lenders looked
Mortgage broker guilty in identity theft case A Kirkland mortgage broker admitted Tuesday that she committed identity theft, then tried to have a witness in that case assaulted to keep him from testifying.via
I bond yield soars but fixed rate drops The inflation-fighting savings security known as the I bond got a big boost in its semiannual tune-up, rising to an annualized rate of 6.73 percent.read more...
ADV: Mortgage Rates as Low as 2.9% Up to four free quotes. Compare rates and choose the best offer! Refinance and save. No obligation. Bad credit OK!.via
Sterling dips on dovish MPC minutes Sterling slipped in European morning trade after the release of broadly dovish minutes from the Bank of England's rate-setting monetary policy committee.via
Nonprofit to help Balto. residents with mortgage problems (ABC 2 Baltimore) A nonprofit homeownership organization will be helping people in Baltimore who have trouble making their mortgage payments.read more...
Oct. 4 (Bloomberg)—Joseph Balestrino, manager of the Federated Total Return Bond Fund, loaded up on government-backed mortgage debt when credit markets slumped in July and August as other investors sold bonds linked to the housing market.
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