Demand for housing swamps St. Tammany (Reg Req'd) St. Tammany Parish officials quickly realized that last fall's almost-instant population boom brought with it a greatly increased demand for housing.read more...
Tough call: Pay off mortgage or add to your IRA? (Chicago Tribune) When the housing market brakes, millions of homeowners who think they are going to stay in their home for a while start asking: Is it time to pay down the
Freddie to adjust mortgage-purchase threshold (Reuters via Yahoo! News) Freddie Mac expects to purchase mortgages with significantly higher unpaid principal balances, the U.S. mortgage finance company said in a filing with the Securities and Exchange Commission on Friday.read
Paid-off mortgage boosts credit score (Bankrate.com via Yahoo! Finance) A paid-off mortgage will continue to boost your credit score -- but not forever, says the Debt Adviser.read more...
New York Mortgage sector perform, target price reduced (New Ratings) NEW YORK, August 19 (newratings.com) - Analyst James Ackor of RBC Capital Markets reiterates his "sector perform" rating on New York Mortgage (NKZ.BER), while raising his estimates for the company.
Our View: State Supreme Court decision bad for consumers From the moment we begin to learn, one common theme is drummed into our minds -- it is wrong to lie.read more...
Residential Capital LLC, the mortgage-lending unit of GMAC LLC, said yesterday that it needs more than three times more cash to stay in business than it estimated just weeks ago.
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