Warning as mortgage arrears rise (BBC News)
The City watchdog says mortgage firms should treat customers fairly as the number of people facing arrears and repossessions rises.
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Mortgage applications on the rise (The New Zealand Herald) A small rise in mortgage application figures released by credit information provider Veda Advantage is being viewed as a "hint" of some stability in the housing market.read more...
Bank Fraud Indictments A man once described as the largest developer and home builder in the Kansas City metro area is charged with bank fraud totaling $25 million.read more...
HUD, VA offer homes for some Katrina victims The U.S. government is making some, but not all, of the thousands of homes it owns in Southern states available to displaced victims of Hurricane Katrina.read more...
Freddie Mac Extends Mortgage Relief to National Guard in Hurricane Operations Freddie Mac told its 2,300 mortgage servicers to extend immediate relief to all National Guard members on state duty involved in Hurricane Katrina recovery operations.read more...
Getting a Mortgage with Bad Credit (Hope Star) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
Mortgage loan production office opens (Hammond Daily Star) PONCHATOULA - The board of directors and staff of American Bank & Trust Co. Inc. of Covington announce the grand opening of their mortgage loan production office at 1180 Hwy.