Mortgage lender Countrywide to cut as many as 12,000 jobs (Naples Daily News) Struggling lender Countrywide Financial Corp. will cut as many as 12,000 jobs as it struggles to deal with challenging conditions in the mortgage industry, the company said.read more...
Mortgage Seekers Find Rates Are Down, Credit Tighter (Update1) (Bloomberg.com) Sept. 16 (Bloomberg) -- U.S. mortgage rates are dropping. Good luck getting a loan. Existing home prices have fallen 7.7 percent since their July 2006 high and rates dropped below
Investing Basics: What affects interest rates It's a good idea to know what makes the rates go up and down.read more...
West 'owes $$600k for mum's mortgage' (Digital Spy) Kanye West has been ordered to stump up $$600,000 to pay off the mortgage on his late mother's condo.read more...
Indiana strips licenses of rogue mortgage brokers (The Times of Northwest Indiana) INDIANAPOLIS | Indiana Secretary of State Todd Rokita has revoked the licenses of 361 mortgage brokers who failed to comply with new consumer protection safeguards.read more...
December housing starts up 4.5 pct The pace of U.S. home construction climbed 4.5 percent in December, a second-straight monthly increase that ran contrary to analyst expectations, but for all of 2006 the rate of new
A spokesman for the McCann family has refused to comment on allegations they used some of the Madeleine fund to pay their mortgage.
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