Subprime Mortgage Bond Losses to Grow (AP via Yahoo! Finance) Losses for 2006 subprime mortgage bonds are likely to be bigger than previously estimated, Moody's Investors Service said in a report.read more...
N.C. has nation's lowest mortgage closing costs (The News & Observer) North Carolina is the least expensive state for mortgage closing costs, according to a study released this week by Bankrate.com. The state unseated Indiana, last year's winner, for the honor.read
FHA wants to offer risk-based mortgages Should homebuyers with solid credit histories subsidize mortgage borrowers who pay their bills late? Should loan applicants be separated into categories according to their likelihood of default, with the ...read
Many homeowners blind to their mortgage terms (CNN Money) Confusion may be contributing to problems in the subprime mortgage sector, suggests a new study.read more...
China's mortgage quality worse than US - academic (Reuters via Yahoo! Asia News) HONG KONG, Aug 12 (Reuters) - The quality of Chinese home loans is worse than in the United States, where a subprime mortgage crisis is causing turmoil in global
Mortgage broker registration starts Oct. 1 (BizJournals) The Colorado Division of Real Estate will begin accepting online applications for mortgage broker registration on Sunday, Oct. 1, the agency said Friday.read more...
Lenders’ struggles to raise funds and the growing gloom over house prices drove gross mortgage lending to its lowest level since May 2005 last month, figures from the Council for Mortgage Lenders showed yesterday.
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