Mortgage rates hold at 5.875% (bizjournals.com via Yahoo! Finance) Home mortgage rates held below 6 percent again this week, with some downward pressure as the two largest banks quoted lower rates than the other lenders.read more...
FTC criticizes misleading mortgage ads (CNN Money) The government agency warns more than 200 companies about 'potentially deceptive' mortgage advertising.read more...
IFC to support Russia?s first securitization of residential mortgage loans (Emerging Markets Economy) IFC provided two types of credit enhancement to support Russia?s first securitization of residential mortgage loans, which was successfully completed by Vneshtorgbank, Russia?s second largest bank.read more...
Listing Terms Are Fully Negotiable Q DEAR BOB: My mother signed a listing contract to sell her Florida condominium. She said the listing agent told her a 6 percent sales commission and a six-month
Couple put finishing touches on their 'Kansas Igloo' MURDOCK, Kan. - With the hot summer sun beating down on her new dome-shaped home, Karen Sowers dubbed it her Kansas igloo.read more...
Horton 3Q sales orders plunge 40 percent "It's going to be another year-and-a-half before we see stability or growth" The traditional spring home-selling season was a bust for D.R. Horton Inc., one of the biggest nationwide
Six people were indicted Friday on theft charges, accused of mortgage fraud in connection with a $40 million scheme that already has resulted in lengthy prison sentences for four others, authorities said.
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