Regions mortgage relocates, cuts jobs (bizjournals.com via Yahoo! Finance) Regions Bank is moving its mortgage banking headquarters operations to Birmingham, Ala., and as part of the move plans to eliminate 100 jobs in Memphis.read more...
Growing Scam Exploits Foreclosure Victims "Financial distress is the weakness that they exploit because people are so concerned about losing their homes they'll do almost anything to save them" The number of Americans struggling
Tax Break Planned for Combat Vets Polk County plans to honor troops with a grant program based on one in Manatee County.
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McCain mortgage plan shifts costs to taxpayers (CNN Money) Under a mortgage rescue plan announced at the debate Tuesday night by Senator John McCain, much of the burden of paying to keep troubled borrowers in their homes will shift
Tonight's mortgage hot line 'phone-a-thon' canceled (Louisville Courier-Journal) A second "phone-a-thon" to counsel those with mortgage problems in the Louisville area has been canceled tonight due to icy weather.read more...
S&P Cuts Rating on Thornburg Mortgage (AP via Yahoo! Finance) Credit rating agency Standard & Poor's late Friday cut its rating on Thornburg Mortgage Inc. because it is facing margin calls.read more...
“About a third of first-time buyers”
It’s not a pretty picture, and it didn’t have to come to this. The worst housing slump since World War II is showing no sign of abating. via SanLuisObispo.com
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