Home Sales Plunge by 9 Percent Sales of new homes plunged last month to their lowest level in more than 12 years, a grim testament to the problems plaguing the housing sector.The Commerce Department reported
J.P. Morgan names Citi exec as mortgage CEO (Crain's New York Business) David Lowman, who has worked in lending and mortgage businesses for 25 years, was named CEO of J.P. Morgan Chase's global mortgage business.read more...
$200B added to mortgage pipeline (CNN Money) An additional $200 billion in financing is headed to the battered mortgage markets after federal regulators Wednesday said they would allow finance giants Fannie Mae and Freddie Mac to reduce
Why Mortgage Life Insurance is Not a Good Idea (Wellsville Daily Reporter) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Mortgage approvals hit record low as loan deals plummet 56% in a year The number of new mortgages approved for people buying a house dived by 20% in a month during May to reach a record low, figures showed today.read more...
Mortgage Crisis Hits Home In South Mississippi (WLOX-TV Biloxi) As the financial wheelings and dealings of the mortgage industry continue to be uncovered, Peoples Bank Vice President of Mortgage Banking David Holman has watched and readied his company to
HSBC Mortgage Services Inc. will move its headquarters and 464 jobs to northern Lancaster County from Charlotte next year, continuing an incentives-driven migration of white-collar jobs to South Carolina.
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