Didn't Pay Your Mortgage? Don't Worry: With the passage of the consumer-unfriendly bankruptcy law and the cram-down rampant, the personal finances of those with limited means are getting more precarious.read more...
Mexican Development Bank SHF moves to shore up mortgage industry (Market Watch) (This article was originally published Wednesday) MEXICO CITY (MarketWatch) -- Mexican development bank Sociedad Hipotecaria Federal, or SHF, has taken steps to bolster the mortgage industry in recent months by
Housing starts rebound in November Home building activity rebounded from a six-year low in November, according to a government report that showed a pickup in housing starts and building permits.Commentread more...
AHM asks ok to shred pesky mortgage files (Newsday) The lawyers and consultants working to liquidate the bankrupt Melville-based lender American Home Mortgage think nothing of paying out $9 million in bonuses to executives, under a motion approved last
Out of the Gate: American Home Mortgage (AP via Yahoo! Finance) At least five Wall Street analysts downgraded shares of American Home Mortgage Investment Corp. after the home lender said its mortgage loans are fetching lower prices from investors.read more...
Federal law assuages mortgage lenders? fears (BizJournals) Area mortgage lenders have a favorable first impression of federal legislation meant to shore up the housing market, though they admit a need to learn more about it.read more...
The federal government’s housing regulator has charged a large Michigan title insurance company with providing kickbacks to real estate brokers in exchange for referring clients.
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