GMAC to Cut About 930 Auto Finance Jobs
The finance company GMAC LLC plans to cut about 930 jobs in its auto finance business as it restructures amid losses. via North County Times
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ROMANIA: Mortgage Loan Mkt to Increase by 35% in 2006 (seeurope.net) The Romanian mortgage loan market is estimated to rise by about 35 percent in 2006, and the same growth pace is expected to maintain over the next five years, vice-president
Lender Boosts Mortgage Limit (AP via Yahoo! News) At least one U.S. mortgage bank is making it easier to get cheaper mortgages for more expensive homes and others may soon follow, pumping more money into what some
Mortgage rates fall again (Philly.com) Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the second lowest level of the year, suppressed by further signs of economic weakness.read more...
Know your motivations for your renovations Average remodeling costs and returns Roof replacement Job cost: $12,177 Resale value: $8,833 Cost recouped: 72.5% Window replacement MIDRANGE Job cost: $9,419 Resale value: $6,167 Cost recouped: 65.5% UPSCALE ...read
E-Trade Sells $3B Mortgage-Backed Debt (AP via Yahoo! Finance) Troubled discount brokerage E-Trade Financial Corp. said Wednesday it sold about $3 billion of mortgage-backed securities and municipal bonds in addition to the November sale of its $3 billion
AG releases statement in mortgage fraud case (The Meridian Star) MERIDIAN ? Two women face possible indictment by a Lauderdale County grand jury after the Mississippi attorney general?s office charged them Thursday in an investigation into allegations of mortgage fraud.read
February 20th, 2008
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