Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)
Shares of mortgage lenders soared Friday after Federal Reserve Chairman Ben Bernanke signaled his willingness to slash interest rates again to prop up wobbly financial markets.
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Countrywide mortgage originations up in June (bizjournals.com via Yahoo! Finance) Countrywide Financial Corp. reported an increase in mortgage loan fundings and commercial real estate funding for the month of June, the company said Monday.read more...
Skid in home buying is sharpest in 12 years Sales of new homes in November fell by the largest amount in 12 years in a market shudder analysts said is clear evidence the red-hot housing market has peaked.read more...
Appraiser Candidate Boedicker Promises Property Reassessments read more...
GMAC to cut 5,000 mortgage related jobs (CNN Money) The lender says it plans to shrink its mortgage lending business because of the weak housing market.read more...
Gas prices soar Increases hit local budgets, builders and travelers By Michael Lewis News editor Maconians keep getting stung at the pump by spiraling gas prices, and the local summer economy in general
Grants help to pay off mortgage for transitional veteran housing (The News-Review) Three Oregon public agencies have teamed up to pay off the remaining $400,000 owed on the mortgage for a Roseburg housing project for veterans and homeless people.read more...