Seniors scammed in record numbers Studies show that fraudulent telemarketers direct 56 to 80 percent of their calls to senior citizens, the fastest-growing segment of America's population.read more...
Ahead of the Bell: Mortgage Insurance (AP via Yahoo! Finance) As people miss payments on their mortgages more frequently, the insurers who write policies covering mortgage defaults will take a significant hit to earnings in 2007 but remain profitable,
Wescom acquires CUSO Mortgage (Whittier Daily news) PASADENA - Wescom Credit Union has acquired CUSO Mortgage Inc., a provider of mortgage services for credit unions. The acquisition allows Wescom to offer an industry-wide mortgage solution for credit
Mortgage lending, home sales to fall in 2006, industry group says Mortgage lending in the United States is expected to drop 18.7 percent in 2006 as borrowing costs rise, cutting into the demand for housing and mortgage refinancings that helped drive
The True Cost of the Mortgage Bailout (TheStreet.com) The plan to freeze subprime rates would hurt mortgage bonds and, in turn, retirees.
30-year mortgage rates drop slightly to 6.30% for week (Baltimore Sun) But general trend is expected to move higher over next year Mortgage rates dipped slightly last week as financial markets liked signals from the Federal Reserve that its
“A cutback in housing construction is a positive sign for the market because it will help lower inventory and firm up home prices”
The decline nationally in sales of existing homes this year will be steeper than previously anticipated, a trade group for real estate agents said Wednesday. via Deseret Morning News
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