Bankrate: Mortgage Rates Now Highest Since April (Builder Online) NEW YORK, Aug. 4 /PRNewswire-FirstCall/ -- Mortgage rates increased for the fifth consecutive week and are now the highest since the week of April 13. The average 30-year fixed rate
Portland Police Bureau targets mortgage fraud (BizJournals) The Portland Police Bureau is stepping up its investigations of mortgage fraud with a particular emphasis on cases involving elderly and unsophisticated homeowners trying to avoid foreclosures.read more...
Pace of mortgage aid by industry rose in July (AP via Yahoo! Finance) The pace of the mortgage industry's efforts to assist troubled borrowers increased last month, an industry group said Wednesday.read more...
Do-it-yourself home sales lag A cooler market has people turning to the real-estate professionals they once shunned.Commentread more...
Chinatown Plaza Sells for $25 Million Chinatown's Dynasty Center on the 800 block of North Broadway was sold last week to a private investor for $25.3 million, according to real estate firm Grubb & Ellis.via
Mortgage Bankers Forming Think Tank (AP via Yahoo! News) The Mortgage Bankers Association (MBA), a Washington D.C.-based industry trade group, said Monday it will form a think tank of industry professionals to study the future of the mortgage
“In the past several days there has been a rapid and severe deterioration in the market for U.S. government agency AAA-rated residential mortgage-backed securities”
LONDON : Carlyle Capital, a listed mortgage-bond fund managed by the Carlyle Group, a private equity firm, said Friday it was considering “all available options” after lenders started liquidating securities … via International Herald Tribune
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