HUD to Monitor Mortgage Policies at GSEs (AP via Yahoo! Finance) The U.S. Department of Housing and Urban Development is creating a new division that plans to scrutinize mortgage underwriting policies at lenders and mortgage finance giants Fannie Mae and
Land sale to ease Fort McMurray housing crunch Fort McMurraya s desperate housing shortage is expected to be eased next year with the sale of a 371-acre parcel of government land for home construction.read more...
30-year bonds back on market The "long bond" is coming back. But is that good news or bad? It depends on your point of view.read more...
Ohio lawmaker claims Wal-Mart has big banking plans An Ohio representative released an e-mail on Thursday that he said suggests Wal-Mart Stores Inc.'s ambitions into consumer banking may extend beyond what the retail giant had previously disclosed to
Why Mortgage Life Insurance is Not a Good Idea (Advocate Tribune) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Why traditional real estate brokerage is alive and well (Reg Req'd) Guest perspective: Full-service brokers offer expertise, assume risk Thursday, November 10, 2005 By Kelly Sweeney Kelly Sweeney Editor's note: Kelly Sweeney is president of Weir Manuel Realtors in Birmingham, ...read
CIT Group Inc said on Tuesday it agreed to sell nearly $10 billion of mortgage assets, in a deal that removes problem loans from the commercial lender’s balance sheet, lifting its shares 18 percent.
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