Mortgage rates dip, still high
Aug. 21 – U.S. mortgage rates fell last week, but rates remain high as lenders price in higher premiums for potential delinquencies and defaults Heinz results showed global consumer appetite for ketchup …
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FBI probes reports of mortgage fraud in Twin Cities (KARE 11 Minneapolis-St. Paul) Federal investigators are probing a possible rash of mortgage fraud in the Twin Cities in response to reports of a large number ofread more...
Cherry Creek Mortgage, Premier Mortgage to merge (BizJournals) Cherry Creek Mortgage Co. will merge with Premier Mortgage Group LLC Aug. 1.read more...
Mortgage insurers see defaults hit a new high (San Jose Mercury News) WASHINGTON (AP) - Mortgage insurers saw defaults rise to a new monthly record in November, according to data from an industry trade group.read more...
Assessing the situation Macro Investor One Fed governor sees the need for more aggressive policy. Will others listen? For WSJ.com subscribers: Out of Pocket What to do if your health plan won't pay
Northern sells 2.2bn of mortgages "This is a relatively small transaction, representing around 2% of Northern Rock's gross assets, but it is a positive development in the company's ongoing strategic review" Northern Rock said
GMAC Posts $724 Million Loss as Mortgage Loans Sour (Update4) (Bloomberg.com) Feb. 5 (Bloomberg) -- GMAC LLC, the auto and mortgage lending company 49 percent owned by General Motors Corp., posted a $724 million fourth-quarter loss as bad loans in the
August 21st, 2008
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