Foreclosures can be a blessing to some
The foreclosure epidemic sweeping the United States has a silver lining – home prices have been pushed so low that charitable housing groups have been snapping up properties.
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Mortgage rates higher for third straight week (CBS Market Watch) CHICAGO (MarketWatch) - Inflation concerns were behind the third consecutive weekly rise in mortgage rates, according to Freddie Mac's latest survey of loan results, released Thursday.read more...
Sen. Schumer urges Big 4 on mortgage accounting (Reuters via Yahoo! News) U.S. Senator Charles Schumer has asked the big accounting firms what steps they are taking to inform investors holding securitized mortgage assets that they can modify home loans and
Homeowners hit with stiffer mortgage fees (Reuters.co.uk) LONDON (Reuters) - Competition in the mortgage market could plummet after a string of major lenders hiked their arrangement fees.read more...
Fort Mac rents highest in country Fort McMurray has beat out Toronto, Vancouver and Yellowknife for the highest rent in the country.read more...
Man gets more than 12 years for mortgage fraud scheme (Jefferson City News Tribune) KANSAS CITY (AP) - A real estate investor who pleaded guilty to leading a multimillion-dollar mortgage fraud scheme was sentenced Friday to 12 years and seven months in federal prison.read
Fannie Mae Names Senior Legal Executives Government-backed mortgage financing company Fannie Mae on Tuesday said it named two senior legal executives, moves it said would help improve relations with its regulator, the Office of Federal Housing
June 7th, 2008
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