Gov't Warns on Risky Mortgage Products U.S. bank regulators on Tuesday recommended that mortgage lenders take caution with innovative new mortgage products that may strain the finances of borrowers and banks as interest rates rise.read more...
Home Values Nationwide Up 13% in 4th Quarter In an indication that the recent slowdown of home sales has yet to affect prices, the average U.S. house continued to gain value through the end of 2005, posting
New mortgage company opens in Chandler (BizJournals) A new mortgage company touting "advanced technologies" has opened in Chandler with plans for rapid growth.read more...
FG, Banks Mortgage Finance Bond Now N275bn (AllAfrica.com) The recently signed N100bn bond issue of a secondary mortgage market agreement between the Federal Government (FG), some commercial banks, primary mortgage institu-tions (PMIs) and Discount Houses has risen to
Designers' cures for chaos Elana Ashanti Jefferson Denver Post Apr. 8, 2006 12:00 AM Floorboards may rattle and dust mites can set off allergies, but chaos and clutter are more common threats to peaceful
Lenders slash prices on foreclosed houses as numbers surge Lenders stung by the housing bust are slashing prices dramatically to rid themselves of an unprecedented number of foreclosed properties, sparking bidding wars in some places that harken back to
26/12/2007 20:03:00 Business Wire Fitch Ratings has taken the following rating actions on the Long Beach RMBS issues listed below: Long Beach Mortgage Loan Trust, series 2002-2 Group 1—Class I-A affirmed at AAA ;—Class I-M2 affirmed at BB ;—Class I-M3 remains at C/DR3 ;—Class I-M-4A remains at C/DR6 ;—Class I-M-4B remains at C/DR6 .
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