Lawsuit alleges illegal increase in private mortgage insurance Is insurer entitled to arbitrate dispute? When Kenisha and Greg Brantly bought their home, they obtained a 100 percent no-down-payment home loan from SouthStar Funding LLC.read more...
Bernanke Outlines Plan to Tighten Regulations on Mortgage Lending (The Online NewsHour) Federal Reserve Chairman Ben Bernanke outlined a new set of mortgage-lending rules Tuesday, which will be aimed at shielding future homebuyers from risky lending practices and avoiding a repeat of
Inflation quickens as housing costs swell Canada's inflation rate accelerated to a 1.4-per-cent pace in November as consumers paid more for home repairs and mortgage costs rose at the fastest pace in more than five years.Commentread
Mortgage rates are mixed bag; 30-year steady (KATU Portland) Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.52 percent for the week ending Aug. 7. That was the same as last week's rate, which marked
Bradford & Bingley Chooses Talgentra's Customer ... High Street bank Bradford & Bingley, a UK-based financial services business, today announced that it has chosen Talgentra's Tallyman system to manage its customer revenue and collection processes.read more...
U.S. MBA's Mortgage Applications Index Fell 1.9% Last Week (Bloomberg.com) May 31 (Bloomberg) -- Mortgage applications in the U.S. declined last week to the lowest level in four years as higher borrowing costs hurt home purchases and refinancing.read more...
LONDON (Reuters) – HBOS , the largest mortgage lender, will cut up to 425 jobs and shut one of its five mortgage brands to new business as the group positions itself for a shrinking loan market and a drop in house prices.
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