Mortgage-fraud task force opens command center in Cleveland (The Plain Dealer) A task force hacking through the Cleveland area's tangled web of mortgage fraud has so much work that it has opened a full-time, high-tech command center.read more...
Leading US mortgage firm files for bankruptcy protection (AFP via Yahoo! News) American Home Mortgage Investment Corp., a leading US mortgage company struggling with a persistent slump in the housing market, said Monday it has sought bankruptcy protection.read more...
A view to city living Makeup artist and photographer Carolyn Haslett lives in a country-style apartment in one of Auckland's oldest buildings.read more...
Scotiabank changes mortgage rates (CNW Group via Yahoo! Finance) Scotiabank announced today the following changes in residential mortgage interest rates, effective October 25:read more...
Continued Fed interest rate hikes could keep pushing up borrowing costs for consumers NEW YORK If you need a loan, it's likely to cost more in the months ahead if the Federal reserve raises short-term interest rates.read more...
Housing starts rebound in January on low mortgage rates, solid employment (The Canadian Press via Yahoo! Canada News) OTTAWA - OTTAWA - Canada Mortgage and Housing Corp. reports the annual rate of housing starts numbered 222,700 units in January, up from 184,700 units in December.read more...
Residential Capital LLC, the mortgage unit of GMAC Financial Services, said on Wednesday it will eliminate 3,000 jobs, or 25 percent of its work force, to cope with the U.S. housing downturn.
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