Mortgage applications rise 9.6% (Detroit News)
U.S. mortgage applications rose last week as home purchases rebounded to the third-highest level on record and refinancing increased, a survey of lenders showed.
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Deals leave home buyers devastated (Reg Req'd) Angela Brown of Euclid, a single mother living with little income in a government-subsidized apartment, bought five houses in one day, qualifying for hundreds of thousands of dollars in loans
AllRegs Partners with Smith Dollar Law Firm to Deliver Legal Content Support Services for Mortgage Lenders (Business Wire via Yahoo! Finance) EAGAN, Minn.----AllRegs, the leading information provider for the mortgage lending industry, announced that its Ask the Expert - Legal Content Support Services will be offered through Santa Rosa, Calif.-based
Starting from scratch Once employed in high-profile positions at well known companies, these builders are starting over again ... in their old backyards.via
Mortgage insurers spent $1.2M lobbying in 1Q (AP via Yahoo! Finance) The trade group for mortgage insurers spent over $1.2 million lobbying in the first quarter on issues dealing with the housing market slump, according to a recent disclosure form.read
House passes mortgage measure (The Washington Times) The House today approved the Democrats plan to stanch home foreclosures with government-backed mortgage deals and... read more...
Fed Chief Says Global Factors Contributed to Home-Price Boom Federal Reserve Chairman Ben Bernanke doesn't agree with critics who contend that the Fed's low interest rates helped create a housing boom and bust. read more...