Mortgage applications dip slightly (Market Watch) WASHINGTON (MarketWatch) -- Applications for mortgages at major U.S. lenders dipped 0.2% in the past week even as interest rates fell, the Mortgage Bankers Association reported Wednesday.
S&P may cut ratings on $12.1B of subprime mortgage debt (USA Today) Standard & Poor's said Tuesday it may cut ratings on $12.1 billion of mortgage-related debt this week on expectations for an 8% drop in U.S. home prices and more mortgage
Mazuz decides to halt plan to acquire apartment tower in Ashkelon for Kfar Darom evacuees. Two weeks after approving one of the more controversial deals regarding disengagement, Attorney General Menachem Mazuz has now decided to halt a plan to acquire a 60-unit apartment tower in
UK mortgage lending up in November (Ireland Business World) UK mortgage approvals rose further during November, reaching their highest level in five months as mortgage lending reached a record high, a leading industry group said.read more...
Mortgage penalty unlikely to vanish A borrower hoping to escape a prepayment penalty is likely out of luck, says Dr. Don Taylor.read more...
Fannie Mae Finds More Accounting Errors in Review The government-sponsored company, which finances one of every five home loans in the United States, said it had made "substantial progress" toward completing its accounting review but will miss a
Treasury Secretary Henry M. Paulson Jr. unveiled new details of the Bush administration’s mortgage-relief plan yesterday, including a proposal that would grant new powers to local governments to refinance the mortgages of struggling homeowners.
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