UPDATE: Mortgage Resets May Be Frozen Unnecessarily, Hurting Investors (Nasdaq)
SAN FRANCISCO (Dow Jones)—Add another group to the list of those concerned about the White House plan to salvage the mortgage market—investors.
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Growing Delinquency Rate Slows The number of borrowers delinquent on their home loans rose at a slower pace for the third month.read more...
Buying in Mexico is getting easier We have friends who just returned from a much-needed spring break in sunny Mexico.via
MENA: Merrill Lynch says strong demographics and housing supply demand mortgage (Mena Report) Mortgage markets across the Middle East and North Africa (MENA), are poised for growth thanks primarily to a young, expanding population, wide availability of housing and more availability of housing
HBOS Says U.K. Mortgage Share, Lending Margin to Fall (Update3) (Bloomberg.com) June 12 (Bloomberg) -- HBOS Plc, Britain's biggest mortgage bank, said its U.K. profit margin and market share declined in the first half after a plan to give existing clients
New Hanover homeowners claim contractor stole money All Dan Boyer wanted to do was have a two-story addition built on his Kleman Road home.via
Will mortgage queues return? (BBC News) The mortgage market, and with it home sales, are shrinking before our eyes but where is the market heading?read more...