Commercial delinquency lower than other mortgages (AP)
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.
Tag Archive | "mortgage"
Trustee sues ex-Thornburg Mortgage execs for theft (Reuters)
Thursday, March 4, 2010
Reuters - Four top executives of Thornburg Mortgage improperly paid themselves handsome bonuses just before the mortgage lender filed for bankruptcy last year, and stole money and ideas from Thornburg to secretly launch a new firm, the bankruptcy trustee in charge of liquidating the lender alleged in a lawsuit.
KB Home says Burkle won’t run for new board term (AP)
Thursday, March 4, 2010
AP - Homebuilder KB Home said Thursday that billionaire investor Ron Burkle will not stand for re-election to the company's board at its next annual meeting.
Consumers Paying Credit-Card Bills Before Mortgages (Time.com)
Tuesday, March 2, 2010
Time.com - When cash is tight, consumers traditionally pay their mortgage first and let other bills stack up. But now credit-card bills are the top priority
Consumers Paying Credit-Card Bills Before Mortgages (Time.com)
Tuesday, March 2, 2010
Time.com - When cash is tight, consumers traditionally pay their mortgage first and let other bills stack up. But now credit-card bills are the top priority
TransUnion: Mortgage delinquencies hit new record (AP)
Monday, March 1, 2010
AP - TransUnion said Monday that customers at least 60 days past due on their mortgage payments rose to a new record in the fourth quarter.
TransUnion: Mortgage delinquencies hit new record (AP)
Monday, March 1, 2010
AP - TransUnion said Monday that customers at least 60 days past due on their mortgage payments rose to a new record in the fourth quarter.
Fannie Mae seeks $15.3B in gov’t aid after 4Q loss (AP)
Friday, February 26, 2010
AP - Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.
Fannie Mae seeks $15.3B in gov’t aid after 4Q loss (AP)
Friday, February 26, 2010
AP - Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.
What Tanking Home Sales Mean for the Recovery (U.S. News & World Report)
Friday, February 26, 2010
U.S. News & World Report - After a big drop in December, sales of existing homes fell again in January--a development that renewed concerns about the outlook for a real estate recovery. The National Association of Realtors reported today that sales of previously owned homes fell more than 7 percent in January from the previous month. This puzzled many economists, who had expected sales to be stronger in the wake of December's 16 percent month-over-month plunge. "This is a surprise," Ian Shepherdson, the chief U.S. economist at High Frequency Economics, said in a report. ...
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Tuesday, March 9, 2010
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