U.S. MBA's Mortgage Applications Index Rose 9.6% Last Week (Bloomberg.com) U.S. July 6 (Bloomberg) -- U.S. mortgage applications rose last week as home purchases rebounded to the third-highest level on record and refinancing increased, a survey of lenders showed.via
'Mortgage foreclosure rescues' cost some their homes (Minnesota Public Radio) Hundreds, possibly thousands of Minnesota homeowners who have fallen behind on their mortgage payments have become victims of a controversial lending practice known as a mortgage foreclosure rescue.read more...
Letter to the Editor Yonkers Tribune By Roseann Paggiotta Editor: I am a Yonkers homeowner and Licensed Realtor. After waiting many years for the Yonkers Transfer Tax to be phased out, we now find that instead of eliminating it
Rise in U.S. housing prices is easing The average price of U.S. homes in the first quarter of this year was up 8.7 percent.read more...
Sun America Mortgage gets a name change (bizjournals.com via Yahoo! Finance) Sun America Mortgage of Atlanta has been rebranded SunTrust Mortgage Inc.read more...
Union: Poor work caused roof to collapse Capital Area Michigan Works is temporarily offering limited services at the former Walter French Academy building, next door to its South Cedar Street office, where the roof collapsed last Saturday.via
A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions in preferred shares of the mortgage finance giants as assets.
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