Seven years of housing doldrums
It will take seven years for the housing market to return to the level of activity of the past few years, according to the largest property website.
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Broker, Bank Employee Charged in Valley Mortgage Fraud (News10 Sacramento) A Davis loan broker and Washington Mutual Long Beach mortgage employee have been charged in connection with a multi-million dollar valley mortgage fraud ring.read more...
(AFX UK Focus) 2007-11-05 04:37 GMT: China's BoCom Beijing branch clarifies definition of 'second mortgage' - Xinhua (Interactive Investor) BEIJING (XFN-ASIA) - Beijing's branch of the Bank of Communications (BoCom) has defined a second mortgage as one based on the house property of the applicant rather than the applicant's
Hawaii mortgage rates ease (BizJournals) Hawaii mortgage rates stopped rising this week. Most large local banks went below 5.5 percent and one major mortgage lender went to 5.25 percent.read more...
Along the battered Gulf Coast, homeowners are going to have start making mortgage payments again (Picayune Item) OCEAN SPRINGS (AP) - Like many homeowners around here, Janet Kisling owes a pile of debt on little more than a pile of debris. She has a $1,000-a-month mortgage on
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Home Data in Spain Spell Gloomy News Spanish home sales and new mortgage approvals fell sharply again in June. The data spell bad news for banks.read more...