Mortgage company goes to the dogs (Arizona Daily Sun)
SIERRA VISTA—Walk into Hallmark Mortgage Co. and one thing is clear: The business—owned by Jack and Jan Bauer—has gone to the dogs.
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Inflation fear sends mortgage rates to 8 month high (Washington Post) NEW YORK (Reuters) - U.S. fixed mortgage rates surged to their highest in almost eight months after central bankers jolted financial markets with concerns of accelerating inflation.
Countywide, Golden West fall on downgrades The time is right for biotech investing as healthcare spending is set to double over the next 10 years.read more...
England, Wales mortgage repossession orders, actions rise sharply (Sharewatch) The Department for Constitutional Affairs said there were 34,626 mortgage possession actions entered in county courts during the third quarter, up 15 pct on a year before. At the same
Heartwell Mortgage goes out of business (WOOD TV 8 Grand Rapids) Heartwell Mortgage, a decades-old, local company is going under, and dozens of employees are now out of work.read more...
Citigroup to buy ABN Amro mortgage unit for estimated $3 bln (Market Watch) LONDON (MarketWatch) -- Citigroup on Monday agreed to buy ABN Amro's Mortgage Group for an estimated $3 billion, a deal that will give the world's largest bank another 1.5 million
Checking out interest-only mortgage You can be taking on a lot of interest rate risk, says Dr. Don.read more...