Enticing home buyers Lexington home builders are taking a page from the car dealer's playbook by offering discounts and incentives to pull hesitant buyers off the fence.Commentread more...
National City profit up on loans, hedging National City Corp. , the 8th-largest U.S. bank, on Friday said second-quarter profit rose 20 percent, helped by growing deposit fees and commercial lending, and a doubling of mortgage revenue.read
Suit Says Real Estate Firms Took Illegal Kickbacks The U.S. sued two big residential brokers for allegedly receiving illegitimate profits for steering home sellers to a provider of hazard reports.
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Your Money Matters: Dealing with Rising Mortgage Interest Rates (Derby Daily Reporter) (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
Stocks fall on economic, mortgage unease (AP via Yahoo! News) Wall Street turned lower Monday, led by financial services stocks, on concerns that the U.S. economy's expansion will erode amid troubles in the mortgage industry.read more...
Credit damage may be price of moving on Sometimes, damaging your credit is the lesser of two evils, says Dr. Don Taylor.read more...
SAN FRANCISCO (Dow Jones)—Fixed-income giant BlackRock Inc. and hedge fund firm Highfields Capital Management said Monday that they’re backing a new company that will buy distressed home loans, the latest sign that buyers in the beleaguered mortgage market may be emerging.
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