West Michigan Home Building Sees Decline in 2005 Grand Rapids - The home market showed more signs of a decline in West Michigan last year.read more...
Survey: SunTrust Mortgage ranks best for origination (BizJournals) SunTrust Mortgage Inc. ranks first in customer satisfaction among the nation?s mortgage-origination businesses, according to J.D. Power and Associates. SunTrust received an overall score of 790 of 1,000 possible points
Negative Amortization A loan feature in which the borrower pays back less than the full amount of interest owed each month. The shorted amount is then added to the loan's
American Mortgage Acceptance Company Reports First Quarter Financial Results for 2006 (Business Wire via Yahoo! Finance) NEW YORK----May 9, 2006--American Mortgage Acceptance Company today announced financial results for its first quarter ended March 31, 2006.read more...
McCain shifts stance on mortgage crisis (Newsday) Sen. John McCain shifted his stance on the mortgage crisis yesterday, acknowledging that the country can't rebound from the foreclosure epidemic without some government assistance to homeowners.
Over 150 jobs go at mortgage firm (BBC News) A mortgage processing office is set to close in a city centre with the loss of more than 150 jobs, it is announced.read more...
Investors gave a tepid welcome Wednesday to the initial public offering from home-building supplier Builders FirstSource Inc.
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