New Home Construction Climbs in May
The housing market is still booming with construction of new homes rising 0.2 percent in May.
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Nebraska sues mortgage broker for predatory lending (USA Today) The state of Nebraska has sued Advantage Mortgage Service, intending to revoke its license for what the state says were predatory lending practices.read more...
Jury reviewing evidence in mortgage case (Hattiesburg American) Greed, fraud and deceit. That was the theme that Assistant U.S. Attorney Gaines Cleveland used during his opening remarks to the jury three weeks ago at the start of the
Mortgage lending 'at record high' (BBC News) Mortgage lending falls by 10% in December, but is still at record levels for the month, figures show.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Benton Evening News) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Fitch Rates Citigroup Mortgage Loan Trust $943MM 2006-AR7 (Business Wire via Yahoo! Finance) NEW YORK----Citigroup Mortgage Loan Trust Inc.'s mortgage pass-through certificates, series 2006-AR7, are rated by Fitch Ratings as follows:read more...
Lenders introduce 50-year mortgage (Detroit Free Press) People who are struggling to afford a home might be wondering how long their mortgage payments could be stretched out. The new answer: a half-century. A handful of lenders have