Weekly Home Mortgage Rates (Minneapolis-St. Paul Star Tribune) NORTH PALM BEACH, Fla. (AP) - Average mortgage rates for single-family homes in the 10 largest metropolitan areas as of July 5, as compiled by bankrate.com. The rates are for
Government is going deeper in debt The government, raising cash to pay for the array of financial rescue packages, said Monday it plans to borrow $550 billion in the last three months of this year -
Countrywide Profit Sinks, Defaults Rise "I do think it's important to observe what happens going forward" Countrywide Financial Corp. said Tuesday its second-quarter profit shrank by nearly a third as softening home prices led
New Century Buys Royal Bank of Canada U.S. Mortgage Lending Business New Century Financial Corp., an Irvine, California-based mortgage lender, said it agreed to buy Royal Bank of Canada's U.S. mortgage business for about $109 million to increase its lending to
Citigroup chief quits after big mortgage-linked losses (Seattle Post-Intelligencer) NEW YORK -- Charles Prince, the chairman and chief executive of Citigroup Inc., resigned Sunday amid billions of dollars in losses from bad investments in mortgage-related debt.read more...
Ariz. regulators move to fine, pull license of mortgage lender (KVOA Tucson) PHOENIX -- Arizona regulators have moved to fine and pull the license of First Magnus Financial Corp. after the Tucson-based national mortgage lender suspended operations this week.read more...
A BUILDING firm has been ordered to pay more than 5,000 in a fine and costs for polluting the River Kent with diesel.
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