People making news
Ann Arbor-based Republic Bancorp Inc. hired Ami Koetje, who has more than 20 years of mortgage experience, as a mortgage loan officer.
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Home Construction Cooled in Dec. Home-building cooled in December, but even with the weakness 2005 was a record year.read more...
Supreme Court to hear mortgage-lending appeal (bizjournals.com via Yahoo! Finance) The U.S. Supreme Court will hear an appeal by Michigan authorities who contend individual states can regulate mortgage lending by an operating subsidiary of a national bank.read more...
Abode Mortgage Corporation Announces C$15 Million Supplemental Credit Facility (SYS-CON Media) Abode Mortgage Corporation (TSX VENTURE: ABD), a new national non-conforming mortgage lender, announced today that it has established a warehouse margin facility with a leading financial institution. The proceeds of
State home prices higher; sales, lower Wisconsin's housing market is shrinking, but still gaining value, industry data shows.read more...
'Normal' real estate market creates new winners, losers (Reg Req'd) 'Normal' real estate market creates new winners, losers Perspective: As markets settle, some builders, sellers and lenders could fall Wednesday, December 28, 2005 By Marcie Geffner Marcie Geffner Who will
Deal to Buy Mortgage Company Collapses (NYTimes.com via Yahoo! Finance) In a sign of continuing mortgage industry woes, PHH, one of the largest originators of residential home loans, said it is scrapping a planned $1.8 billion sale. .read more...