No Lull in Mortgage Pitches (New York Times)
The mortgage market may be in a historic upheaval, but mortgage companies continue to pump out upbeat advertisements.
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Morgan Stanley to Cut 1,000 U.S., U.K. Mortgage Jobs (Update4) (Bloomberg.com) Feb. 13 (Bloomberg) -- Morgan Stanley, the second-biggest U.S. securities firm, will eliminate 1,000 jobs by scaling back its U.S. residential mortgage business and closing the Advantage Home Loans unit
New homes, condos rotting across Northwest Moisture is rotting newer homes and condominiums from Portland to Seattle left vulnerable by a combination of new building techniques, trouble-prone materials and shoddy construction, a newspaper reports.via
Median home price still rising Los Angeles County's rising home prices hammered prospective buyers yet again last month.read more...
Pence: 'Nationalizing every bad mortgage in America not the answer' (The Star Press) ?Our financial markets are in turmoil and the administration was right to call for decisive action to prevent further harm to our economy. ?But nationalizing every bad mortgage in America
Sidestepping Risks When Buying or Selling a Home Jonathan Clements looks at how you can protect yourself from making pricey mistakes.via
7 sentenced in Mississippi mortgage flipping case (FOX 10 Mobile) HATTIESBURG, Miss. Seven people, including the man who prosecutors have called the alleged ringleader of a mortgage fraud scheme, have been sentenced by a federal...read more...