FBI mortgage probe extended (TVNZ)
The FBI’s criminal probe of the mortgage lending industry has grown to 17 firms, involves large companies, and could take years to conclude, bureau officials said.
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Fitch: U.S. Mortgage Loan Repurchases: Do Early Payment Defaults Spell Trouble Ahead? (Business Wire via Yahoo! Finance) NEW YORK----Fitch believes the recent rise in U.S. loan repurchase activity serves as a reality check for mortgage originators rather than the beginning or acceleration of a troubling trend
Consumer Spending Gives Economy a Lift The warmest January in more than 100 years lured consumers out to the shopping malls to spend money at the fastest clip in six months, giving a strong boost to
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Prospering in the housing bust Gillette Edmunds has made good money in real estate - by knowing when to sell. Edmunds owned six investment properties: single-family homes in southeast Denver he'd purchased for around $70,000
Suzette Hackney: In frenzied house buying season, let the Internet share the work It's May and the house buying and selling season is in full gear. If you feel a little intimidated, or as though you need a buyer's edge, a Web site
Business Notes The Federal Reserve, keeping a watchful eye on the effect of surging oil prices, raised a key interest rate by another quarter-point yesterday.via