Mortgage approvals hit record low as loan deals plummet 56% in a year
The number of new mortgages approved for people buying a house dived by 20% in a month during May to reach a record low, figures showed today.
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Bank raises mortgage limits (Detroit News) NEW YORK -- At least one U.S. mortgage bank is making it easier to get cheaper mortgages for more expensive homes and others may soon follow, pumping more money into
Mortgage woes help bankruptcy filings rise 12% in Iowa (The Des Moines Register) Mortgage payment troubles have led to a double-digit percent increase in bankruptcy filings in Iowa, even though the state has escaped the magnitude of foreclosure problems across the country.read more...
Mortgage rates top 6 percent (Easy Bay Business Times) Mortgage rates continue to rise, with the benchmark 30-year rate topping 6 percent for the first time since March.read more...
W.Va. announces settlement with mortgage service companies (KGBT 4 Rio Grande Valley) CHARLESTON, W.Va. Two mortgage servicing companies accused of charging illegal fees have agreed to forgive nearly eleven (M) million dollars in debt. The companies also will give 773-thousand dollars in
Top Rated Credit Repair Service Rising Star Financial Services Now Offering Consumers Free Mortgage Quote (PR Web via Yahoo! News) Los Angeles, CA (PRWEB) August 9, 2006 -- Rising Star Financial Services , the top rated Credit Repair company in Los Angeles, announced that consumers can now sign up
Mortgage broker accused of fraud (The Indianapolis Star) A 37-year-old Chicago man is charged with fraudulently obtaining more than $4 million worth of mortgage loans while he lived in Indianapolis.read more...
June 23rd, 2008
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