Police probe dumped mortgage files (Evansville Courier & Press)
The state police are trying to find who is responsible for throwing away mortgage files near the DeWitt Mortgage Group, an out-of-business mortgage company on Logan Drive.
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Fed's Change Comes at Dicey Time for Economy WASHINGTON - Ben S. Bernanke will take over from the legendary Alan Greenspan as chairman of the Federal Reserve on Wednesday at a particularly dicey time for the nation's apparently
Jobless Rate Is Up; Home Sales Continue Their Bleak Decline LAKELAND | Weakness in the job and housing markets was prevalent again in November, according to The Ledger's monthly Polk County Business Barometer. The month saw more annual declines in
Mortgage Firm Owner Pleads Guilty (AP via Yahoo! Finance) The owner of a shuttered mortgage business pleaded guilty Wednesday to a federal charge of mail fraud, two months after hundreds of his customers first realized they owed more
Regulators To Issue Mortgage Warning (Washington Post) As the real estate market slows, some mortgage lenders are trying to prop up profits by relaxing lending standards for certain types of loans, endangering borrowers and financial institutions, a
Housing industry fearful of increase SALES of new homes slumped to a 17-month low in June, intensifying fears that an interest rate rise tomorrow will crush the housing market.read more...
Morgan Stanley cuts 1,000 mortgage jobs (AP via Yahoo! News) Morgan Stanley on Wednesday said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.read