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Home Prices Slide As Pullback Shows No Signs of Slowing  The drop in U.S. home prices accelerated last quarter, tumbling an average of 3.2% from a year earlier, amid a glut of unsold houses and tighter lending standards.


Mortgage Rates Sink This Week (AP via Yahoo! Finance)   Mortgage rates around the country fell this week, with rates on 30-year mortgages sinking to their lowest level in 10 months.read more...


Bear Stearns to lay off 300 mortgage workers: report (Reuters via Yahoo! News)   Bear Stearns Cos Inc is laying off 300 mortgage workers, cable news channel CNBC reported on Wednesday.read more...


Erasing bad credit  Erasing bad credit Your scores influence more than you think Polyana da Costa @PensacolaNewsJournal.com Pensacola resident Tonya Nerney devoted the last four years of her life to improving her credit


BoI withdraws UK mortgage products (RTÉ News)  Bank of Ireland is withdrawing its entire mortgage range in the UK from 5pm today. In a statement the bank said this was to 'preserve its service levels'.read more...


Frederick makes final library report to board  Former Bedford Township Supervisor R. Lamar Frederick gave his final report on the library reconstruction project to the township board earlier this month.via

October 31st, 2005

Fed likely to raise rates Tuesday

Greenspan, colleagues see inflation as biggest threat to economy The Fed’s Open Market Committee has raised rates a quarter-point at every scheduled meeting since June 30, 2004.

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October 31st, 2005

Real estate duo named in civil suits

Pruett also acknowledged at the time that he had met with the FBI around Aug. 16 “for some other business” not related to the civil cases, he said.

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October 31st, 2005

Spain’s BBVA buys Colombia state-run Banco Granahorrar

Spain’s Banco Bilbao Vizcaya Argentaria SA Monday made a winning bid of approximately $423.5 million for 98.78% of shares in Colombia’s state-mortgage lender Banco Granahorrar.

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October 31st, 2005

Welcome to the Digital Edge

Members Receive Discounted Price For Online Real Estate Report To keep NAA members informed about real estate ad spending trends, the New Media Federation has negotiated a special rate for Borrell Associates …

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October 31st, 2005

Metro professionals arraigned in mortgage fraud ring (Atlanta Business Chronicle)

Several local real estate professionals, lawyers and mortgage brokers have been charged, and some arraigned, in a mortgage fraud scheme that spanned 1999 until late 2001.

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October 31st, 2005

13th person gets jail in mortgage scam (The Cincinnati Enquirer)

A Cincinnati man was sentenced today to a year in prison, the 13th person given prison time in an on-going federal investigation into home mortgage fraud.

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October 31st, 2005

NATION’S HOUSING: The mortgage deduction — untouchable? (The Charlotte Observer)

Is there really any chance that Congress could take away mortgage interest and state and local property and income tax deductions from homeowners?

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October 31st, 2005

Why Bush’s panel targeted mortgage deductions (San Jose Mercury News)

Is there any chance Congress could take away mortgage interest and state and local property- and income-tax deductions from homeowners?

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October 31st, 2005

Royal Bank raises mortgage rates by up to fifth of a point, effective Tuesday (Canadian Business)

TORONTO (CP) – Mortgage interest rates will go up Tuesday as the Royal Bank implements new rates that are up to a fifth of a percentage point higher than current ones.

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October 31st, 2005

Fitch Rates $816.6MM Citigroup Mortgage Loan Trust Inc., 2005-8 (Business Wire via Yahoo! Finance)

Fitch rates Citigroup Mortgage Loan Trust Inc. mortgage pass-through certificates, series 2005-8 consisting of three gro

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