FDIC Unveils IndyMac Plan
The FDIC unveiled a plan to help borrowers of failed thrift IndyMac in order to keep consumers in their homes and limit the government’s potential losses.
read more…
30 Year Mortgage Rate Hits 6.66% (Free Internet Press) Mortgage applications fell last week as mortgage rates were mixed, an industry trade group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity for
Mortgage Foreclosures via
Builder stocks mixed after May construction-spending decline Home-builder shares were mixed on Monday after a government report estimated U.S. construction spending unexpectedly fell in May.read more...
Median single-family home prices rise anew Median single-family home prices rise anew By HUBBLE SMITH REVIEW-JOURNAL Click image for enlargement.read more...
Lehman May Report 9 Percent Increase in Earnings on Gains in Bond Trading Lehman Brothers Holdings Inc., the fourth-largest Wall Street firm by market value, may be the only one of four investment banks to report a rise in fiscal second- quarter profits.via
EMC Mortgage Corporation Accepts Radian's SplitEdge(SM) for its National Mortgage Conduit Network (FinanzNachrichten) PHILADELPHIA, Dec. 9 /PRNewswire-FirstCall/ -- Radian Guaranty, a provider of mortgage insurance products and services and subsidiary of global credit enhancement provider Radian Group Inc. (read more...