U.S. bank Wachovia exits wholesale mortgage lending business (Canadian Business) CHARLOTTE, N.C. - Wachovia Corporation, the fourth largest-bank in the United States, said Monday that it is leaving the wholesale mortgage lending business.read more...
30-Year Mortgage Rate Dips The nation's benchmark mortgage rate has drifted to a seven- month low. The average 30-year, fixed-rate home loan is 6.30 percent, down slightly from 6.31 percent last week, government-affiliated mortgage
Mortgage broker says housing market improving (Australian Broadcasting Corporation) Leading mortgage broker Mortgage Choice says conditions are improving in the national housing market. The company has reported a 43 per cent jump in full-year profits to $17.9 million.read more...
Is Renting Smart When the Home Won't Sell? Homeowners who can't sell their homes for what they think they're worth might find that renting buys them enough time for the market to rise.Commentread more...
Meltdown far from over, new mortgage crisis looms (WRIC 8 News Richmond) Associated Press - November 28, 2008 5:53 AM ET WASHINGTON (AP) - Analysts say the next economic crisis might involve malls, hotels and other businesses
Model Lists Her Penthouse For a Pretty Penny Gisele Bundchen puts her Manhattan pad on the market. Actor Nicolas Cage relists his Bel-Air house for $35 million. Cosmetics billionaire Ronald Lauder sells three acres in the Hamptons.
Two mortgage-elimination scam artists, including one from Union City, were sentenced this week for their roles in tricking homeowners into believing that the scammers could rid them of mortgage debt.
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