Reverse mortgage for senior - N.D. Indians face obstacles in getting home loans
Posted December 31, 2007 
Comments(0) N.D. Indians face obstacles in getting home loans
Minneapolis Star Tribune - The Forum analyzed a database containing records of 34,373 home loan applications made in North Dakota and 537,288 filed in Minnesota last year, as reported under the federal Home Mortgage Disclosure Act. The federal reporting form includes a space
U.S. existing home sales rise slightly in November
Xinhua News Agency - WASHINGTON, Dec. 31 (Xinhua) — Sales of existing homes in the United States rose slightly in November, indicating a stabilization in housing in the wake of mortgage disruptions earlier this year, the National Association of Realtors (NAR) reported
Credit Mess Weighs on Banks
Street.Com - Editor’s note: The credit markets have been the epicenter of volatility on Wall Street throughout the second half of 2007. Falling home prices and subsequent defaults on mortgage-backed securities led to a liquidity crisis that’s expected to get
Defaults on insured mortgages hits record level
MSN MoneyCentral - The pace of defaults on privately insured mortgages soared almost 35 percent, reaching the highest level since the data was first collected in 2001, according to figures released Monday by the Mortgage Insurance Cos. of America. The Bay Area is home
Stocks slump in the home stretch
CNN Money - Troubled mortgage lender Countrywide Financial ( CFC , Fortune 500 ) gained more than 2 percent. And Washington Mutual Inc. ( WM , Fortune 500 ), which also makes home loans, was up nearly 7 percent in afternoon trading. Likewise, Home improvement retailer
Washington Mutual Expects a Tough ‘08
The Ledger - its outlook for WaMu to “Negative” from “Stable” on Tuesday, and said in a statement that market conditions will likely remain tough in 2008 for lenders with a strong reliance on mortgages and home equity credit. WaMu has scaled back its mortgage
Market ends down for day, higher for year
Reuters - Home higher for the year after gains in energy and technology offset the dramatic sell-off in financials from the subprime mortgage
Tags: loan, google, prices, interest, mortgage news, real estate news
