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Donald J. Trump Launches Trump Mortgage, LLC (Multi-Housing News)  FEBRUARY 27, 2006 -- New York--Donald J. Trump has announced the formation of a new venture called Trump Mortgage, LLC. E.J. Ridings has been named president.read more...


Sector Glance: Mortgage Companies Rise (AP via Yahoo! Finance)   Shares of mortgage lenders and thrift banks jumped Thursday in the aftermath of regulators' decision to ease restrictions on how much Fannie Mae and Freddie Mac can grow their


Mortgage rates mixed as Fed cuts rate  The benchmark 30-year fixed-rate mortgage declined a bit this week while ARM rates rose, according to the Bankrate.com national survey of large lenders.read more...


Pruning lifts Scottish Mortgage (The Herald)  SCOTTISH Mortgage, the £1.4bn investment trust run from Edinburgh by Baillie Gifford, increased net asset value by 9.6% for the year to March 31, against 8.6% for the benchmark, after


NAHB The Cost of Doing Business Study, 2008 Edition  See How You Measure Up With 'Cost of Doing Business Study' Find out how your home building business measures up against the competition with NAHB's " Cost of Doing Business


U.S. Mortgage Foreclosure Filings Rise 90% in May (Update4) (Bloomberg.com)  June 12 (Bloomberg) -- U.S. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, RealtyTrac Inc. said.read more...

March 31st, 2008

Complex Wachovia mortgage program worries some 10:19 AM (WCNC Charlotte)

CHARLOTTE, N.C.—When she stopped by a Wachovia branch in Charlotte last month, Marilyn O’Connor asked about refinancing her townhome. Instead, she got a pitch for a “Pick-A-Payment” mortgage that offered flexible payment options but a higher interest rate.

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