Ariz. regulators move to fine, pull license of mortgage lender (Mohave Valley News) PHOENIX (AP) - Arizona regulators have moved to fine and pull the license of First Magnus Financial Corp. after the Tucson-based national mortgage lender suspended operations.read more...
Raising Multifamily Finance Profile, KeyCorp Acquires Malone Mortgage In a move intended to bolster its position in the multi-family finance market, KeyCorp is acquiring Malone Mortgage Co., a Dallas-based Federal Housing Administration finance specialist.via
Housing-Price Growth Still Hot, But Pace Has Cooled Some U.S. existing-home prices appreciated late last year but at a slightly lower rate, an industry group says. Still, a record 72 metro areas had double-digit price increases for single-family houses.read
Dollar eases ahead of data flood The U.S. dollar edged lower vs. major rivals with a raft of data ahead. Investors are awaiting revised figures on the U.S. economy in the fourth quarter, a survey of
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No stock is immune from Wall Street's latest contagion "These coming resets are akin to a tropical storm off the coast" NEW YORK - The rout on Wall Street is no longer confined to financial stocks. Fault lines
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