Commercial lenders stick to the sober approach
The residential real estate frenzy gripping Southwest Florida and much of the United States has fostered a system of easy money that, in turn, is further fueling the craze.
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Ex-Athlete to Plead Guilty in Ponzi Case A Cal State Fullerton baseball star who hired Steve Garvey to promote his loan business cost investors more than $20 million, SEC says.Commentread more...
Macquarie to scale back Australian mortgage business (Reuters via Yahoo! Malaysia News) SYDNEY, March 5 - Macquarie Group Ltd , Australia's top investment bank, said it will significantly scale back its domestic residential mortgage business as the cost of funding the loans
Moody's May Cut A$83 Billion of Mortgage-Backed Bonds (Update1) (Bloomberg.com) Feb. 4 (Bloomberg) -- Moody's Investors Service may cut the ratings on about 45 percent of Australia's mortgage-backed bonds because of concerns the U.S. housing slump may make it harder
Week Ahead Treasury bill auction. * Labor Department reports on productivity and costs, second quarter, preliminary.read more...
RBC Royal Bank decreases residential mortgage rates (CNW Group via Yahoo! Finance) RBC Royal Bank announced today that it is decreasing its residential mortgage rates effective June 4, 2005.via
Home loan demand rose slightly last week By Julie HavivNEW YORK - U.S. mortgage applications rose for a second consecutive week, driven by increased demand for home purchase loans as interest rates remained near a recent four-year