Freddie Mac, Fannie Mae spend big to gain Congress' favor WASHINGTON - While Congress debated legislation that would rein in mortgage giants Freddie Mac and Fannie Mae, lobbyists for one of the companies bragged about keeping one committee
NovaStar mortgage unit to acquire portion of Oak Street Mortgage's retail lending platform NovaStar Financial Inc. 's primary loan origination unit, NovaStar Mortgage Inc.read more...
How to invest in foreclosures The number of homes in or nearing foreclosure is growing, and some investors are taking advantage of the bargains created.Commentread more...
Man gets 30 years in prison for complex cocaine-mortgage scheme CAMDEN, N.J. - A major Camden cocaine wholesaler who used his drug profits to buy dilapidated properties and resell them at inflated prices was sentenced Friday to 30 years in
National City Names COO of Mortgage Unit (AP via Yahoo! Finance) Financial holding company National City Corp. said Thursday that Joe Cartellone has replaced Rick Smalldon as president and chief operating officer of its subsidiary, National City Mortgage.read more...
Why Mortgage Life Insurance is Not a Good Idea (Evening Times) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Mortgage application volume skyrocketed for the second consecutive week, rising 28.4 percent during the week ending Jan. 11, according to the Mortgage Bankers Association’s weekly application survey.
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