S.C. home prices rising at faster rate than incomes You need an annual income of $40,000 to buy a median-priced home in South Carolina, according to a report recently released by the Federal Deposit Insurance Corp.read more...
Foreclosure hot line lends hope on paying mortgage (Oakland Tribune) Like a growing number of homeowners these days, Robert Harrell found himself falling behind on his mortgage payments.read more...
Home loan applications slow Borrowers pass up bargain 30-year rate Although the 30-year fixed mortgage rate dropped to its lowest level since January, overall mortgage applications last week were down 3.7 percent on a
UK bank rescued by takeover Sep 18 - Britain's Lloyds TSB has sealed a rescue takeover of Halifax Bank of Scotland creating a dominant mortgage and savings bank in a $22 billion deal.read more...
Habitat for Humanity receives large donation A big gift will help an organization build homes for people who need them. The New Home Construction Center in Caledonia will donate more than $20,000 of products or services
Banks Create $125M Fund For Mortgage Relief (WCVB TheBostonChannel.com via Yahoo! News) Five banks are teaming up to create a $125 million mortgage relief fund for New England borrowers.read more...
Pennsylvania Attorney General Tom Corbett filed a lawsuit Friday seeking restitution for hundreds of homeowners who said they were victimized by the owner of a defunct mortgage company who was convicted of fraud.
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