Thornburg Mortgage 1Q Earnings Rise (AP via Yahoo! Finance) Mortgage lender Thornburg Mortgage Inc. on Tuesday reported higher first-quarter earnings, helped by tighter spreads and rising rates.read more...
HUD Program Moving Tenants to Homeownership Karen Martin seems like an unlikely homeowner. Even she admits that. The school bus driver grew up in Marietta public housing projects and raised three children there.read more...
Analysis - Philippine Banking Sector Remains Strong MANILA, April 19 Asia Pulse - Despite money woes, Philippine economy can still boast of its banking sector a major underpinning of any economy.via
Mortgage costs fall from 8-year high in July (Reuters via Yahoo! UK & Ireland News) The cost of taking out the most popular type of fixed-rate mortgage fell last month for the first time since February, Bank of England data showed on Monday.read more...
Mortgage firms hope new forms aid war on fraud (Baltimore Sun) Two property appraisal documents require sales information on all home transactions America's chief mortgage financiers are rolling out a new weapon in their war on fraud - property
Equity Inns completes $50M mortgage debt offering (bizjournals.com via Yahoo! Finance) Equity Inns Inc. announced that it has completed a $50 million offering of senior mortgage debt, using nine hotel properties as collateral for the loan.read more...
NEW YORK | We knew it could happen, even though they said it wouldn’t. The government is using our money again to haul private companies’ hindquarters out of the fire—this time it’s troubled mortgage giants Fannie Mae and Freddie Mac.
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