Existing-Home Sales Edge Up 1.2 Percent
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Coping with high cost of housing DECK: Owners, renters here fare better than in other boroughs, but red flag raised by downzoning %%endsource%% A report released yesterday shows that Staten Islanders struggle less than other New
Thornburg Mortgage Stock Up on 4Q Report (AP via Yahoo! Finance) Shares of Thornburg Mortgage Inc. rose Wednesday, a day after the mortgage lender reported fourth-quarter profit that beat analyst projections.read more...
Rates fall for second week in a row Mortgage rates fell for the second week in a row. Meanwhile, home prices are up in some markets and continue declining in others.read more...
Mortgage company opens 2nd branch (Reno Gazette-Journal) Allied Home Mortgage Capital Corp. has opened a new branch in Reno. The branch is the second in the city and the fifth in the state.read more...
Officials Say They Are Falling Behind on Mortgage Fraud Cases (New York Times) Reports of suspected mortgage fraud have doubled since 2005 and government agencies that investigate and prosecute such cases say they cannot keep up.read more...
MetLife subsidiary to buy First Horizon mortgage unit (Knoxville News Sentinel) NEW YORK - A subsidiary of MetLife Inc. on Wednesday said it will buy the residential mortgage business of a unit of First Horizon National Corp., including more than 230