Mortgage Application Volume Rises (AP via Yahoo! Finance)
Mortgage application volume increased 0.7 percent for the week ending Oct. 12, according to the trade group Mortgage Bankers Association.
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Ailing US mortgage giants face fresh pressure (AFP via Yahoo! News) US mortgage finance giants Fannie Mae and Freddie Mac saw their share prices plummet Wednesday amid heightened concerns about their ability to ride out the credit crisis without government
Credit troubles begin to show up in student-loan market "In an economic slowdown, that's what you expect" Credit-market tremors from the troubled national housing market are beginning to show up in the $85 billion student-loan market. via Austin
Convicted mortgage broker sentenced to 7 1/2 years in prison (San Francisco Chronicle) A former Modesto mortgage company executive who fleeced lenders and elderly clients of millions of dollars was sentenced to seven and a half years in federal prison. Tony Daniloo, 32,
Lender settles with state regulators First Mortgage America was accused of running ads that misled borrowers and will now submit them for approval.read more...
Orlando Home Show Gives Homeowners Hope "Of course, right now, we all know that the housing market is in a little bit of a slump" It's a known fact that the housing market is suffering,
Florida Housing releases $100 million in mortgages Orlando Business Journal - 1:13 PM EDT Monday Florida Housing Finance Corp. has made $100 million in mortgages available to low- to moderate-income Floridians through the First Time Homebuyer Program.read