Attorney General accuses mortgage lender of unfair practices (The Standard-Times) BOSTON ? The state has sued a subprime mortgage lender, accusing it of unfair practices that contributed to the current spike in home foreclosures. read more...
Cagamas MBS issues RM2b bonds to acquire govt's staff housing loans Cagamas MBS Bhd announced yesterday its third issuance of secured fixed-rate serial bonds with an indicative issue size of RM2.06 billion.read more...
Californians Want Carcinogen Labeling on Potato Chips A California consumer group, the Environmental Law Foundation , wants to require warning labels on potato chips, saying they contain a chemical known to cause cancer The chemical in question,
Manufacturing Slowed in Dec. read more...
Interest-only mortgage frenzy continues Mortgage lenders continue to push interest-only home loans on many consumers who are ill-suited for them, according to Forbes.com. Given the concerns about a housing bubble , a rising tide
A mortgage may be best on parental home loan (Baltimore Sun) Real Estate Mailbag -- Jonathan A. Azrael Q. A few years ago I lent my child a sizable down payment when she wanted to purchase a house. For
Pacific Mercantile Bancorp , today announced that the Board of Directors and management had decided that Pacific Mercantile Bank, its wholly owned banking subsidiary, would exit the wholesale mortgage banking business in order to concentrate its capital and other resources on expanding its successful commercial banking business.
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