Mortgage losses put U.S. lender deep into the red (CBC)
Countrywide Financial, the struggling home lender that has become a prominent victim of the U.S. mortgage crisis, has reported its first yearly loss in more than 30 years.
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Countrywide, Washington Mutual Fall on Mortgage Slump (Update2) (Bloomberg.com) Aug. 10 (Bloomberg) -- Countrywide Financial Corp., Washington Mutual Inc. and MGIC Investment Corp. led shares of U.S. mortgage companies lower as demand for loans and sources of new money
Millenium Holding Group Announces Application to Establish Mortgage Bank Named FYNMOR (Market Wire via Yahoo! Finance) Millenium Holding Group, Inc. today announced that the Company submitted its application to establish a Mortgage Bank named FYNMOR, a wholly owned subsidiary of Millenium. FYNMOR will loan funds
Somber Fed says economy has lost punch "Clearly there is a high level of caution" A shopper walks in front of storefront advertising in San Francisco, Tuesday, Jan. via KansasCity.com read more...
Forty Year Mortgages - Are They Worth It? As manager of the Consumer Credit Counseling Service Diane Callihan of York helps people get financially back on track.via
Two Common Moving-Company Scams and How to Avoid Them I f you had to list your biggest fears about moving to a new home, what would they be? read more...
Home refinancing just to get cash is a shaky idea Heres a surprising and somewhat disturbing statistic released this week by the Mortgage Bankers Association: Refinancing accounted for a whopping 44.8 percent of all mortgage applications last week.read more...