Former broker jailed for mortgage fraud (Pittsburgh Post-Gazette) A man accused of falsifying loan documents as part of a $1.6 million mortgage-flipping scheme was sentenced to 41 months in prison yesterday.read more...
Carpetright's sales up with mortgage activity (Tiscali) LONDON (Reuters) - Carpetright , the biggest carpet seller, said on Tuesday its third-quarter sales rose and its gross margin had improved as recent data showed a pick-up in mortgage
Mortgage Rates Drop on Weak Employment Data (Los Angeles Times) Mortgage rates fell as a weaker-than-expected employment report helped ease concerns about inflation.read more...
Foreign banks' influence seen in mortgage rescue (AP via Yahoo! Finance) Foreign central banks cut back sharply on their purchases of Fannie Mae and Freddie Mac securities in July, a development that helped spur the U.S. government's bailout of the
You can have the iPod, the free money - or a good deal The Bank of England again kept interest rates on hold this week, torn between the need to boost a slowing economy, or to cut back the rising levels of inflation.read
Credit Crisis Seen As Economic Threat The cascading fallout from the subprime loan crisis, barely a cloud on the horizon a year ago, is now viewed by experts as the economy's gravest threat.In a survey
The crazy California real estate market has come to this: a million-dollar trailer.
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