State's mortgage default rates better than nation's (New Mexico Business Weekly) New Mexico's mortgage default rates beat the national average in the second quarter of 2006, however the state leads the Mountain West when it comes to problems with exotic subprime,
Soothing Words for Fannie, Freddie Future accounting rules are unlikely to require Fannie and Freddie to hold more capital, their regulator said. Shares of both rose over 11%.read more...
SilverLake Mortgage opens with customers coming first (Coeur d'Alene Press) COEUR d'ALENE -- Michael Fryman said he lasted six months at a mortgage company that didn't share his goal of helping people rather than pushing loans.via
Big houses on the prairie East of Castle Rock, seven new mansions dot the rolling prairie, their stone-covered walls rising above pristine open space.read more...
Business Highlights The nation's red-hot housing market may finally be nearing its peak, meaning the end of double-digit annual percentage price gains for homeowners and potential trouble for more recent purchasers who
China to Reduce Stake in State Companies The Chinese government plans to convert its stakes in 42 major state companies into shares that can be publicly traded and hopes to raise up to $200 billion by selling
NEW YORK, June 23 /PRNewswire-FirstCall/—Mortgage rates reversed much of last week’s increase, with the average 30-year fixed rate mortgage falling from 5.73 percent to 5.66 percent, according to Bankrate.com’s weekly national survey of large lenders.
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