Dollar edges up against euro, yen "It's one less thing to be nervous about and provides a relief for the troubled credit market." A wall decorated with different banknotes at a currency exchange in Kuala
Dawson Charged; Left Clients Up the Creek The high-flying confidence man allegedly behind the disappearance of at least $50 million in pension and retirement funds was finally arrested yesterday.Commentread more...
Fewer sales cut mortgage deals (Detroit News) Fewer home purchases and less refinancing pushed U.S. mortgage applications down for a second week, according to a survey by the Mortgage Bankers Association.via
Mortgage rates, applications dip in latest week (USA Today) The average interest rate on fixed 30-year mortgages fell 0.05 of a percentage point in the latest week, to an average 5.73%, the Mortgage Bankers Association said Wednesday.read more...
East Coast mortgage firm picks Phoenix for major hub, hiring 700 (BizJournals) Mortgage Lenders Network USA Inc. plans to bring more than 700 jobs to north Phoenix during the next three years.read more...
New Century Leads Rebound of Mortgage Company Shares (Update1) (Bloomberg.com) March 6 (Bloomberg) -- Shares of New Century Financial Corp. and rival mortgage lenders snapped back today, with the Irvine, California-based company recovering some of the 69 percent loss it
The recent release of the Q2 2005 Mortgage Scorecard shows Countrywide moving to the top spot for Overall score while Bank of America and Wells Fargo tie for second.
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