Mortgage lending cuts expected
Mortgage availability will continue to fall in the coming months as lenders tighten the criteria in the face of rising defaults, the Bank of England has said.
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Brothers sentenced for mortgage fraud (Crain's Detroit Business) Brothers Hani Mortada, 29, and Wael Mortada, 28, both of Dearborn, were sentenced Friday on guilty pleas of participating in a mortgage fraud conspiracy.read more...
Condos sit unbought along coast The coastal housing boom of the past few years has come to a screeching halt, and that could mean opportunity for Triangle banks.Commentread more...
Housing dilemma CARLSBAD , Discussion of increasing housing availability for both low- and higher-income families drew a crowd of almost 40 people , including city officials, county officials, housing bureaucrats and local
Weekly Home Mortgage Rates (AP via Yahoo! News) Weekly Home Mortgage Ratesread more...
Buying a foreclosure the safe way With foreclosures threatening to rise it may be a good time to pounce, depending on how much due diligence and common sense you are willing to invest, says Steve McLinden.read
Mortgage-market credit restrictions expand (Seattle Times) Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market.read more...
July 3rd, 2008
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