Mortgage and Financial News From 2007-10-10 Page 23
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Mortgage applications up 2.4% last week, MBA survey shows (Market Watch)
CHICAGO (MarketWatch) -- The volume of applications filed for mortgages ticked up last week, increasing a seasonally adjusted 2.4% compared with the week before, the Mortgage Bankers Association said on Wednesday.
2007-10-10 04:24:56 -
U.S. MBA's Mortgage Applications Index Rose 2.4% Last Week (Bloomberg.com)
Oct. 10 (Bloomberg) -- Mortgage applications in the U.S. rose 2.4 percent last week, as purchases gained for the first time in three weeks and refinancing rebounded.
2007-10-10 06:09:57 -
Mortgage applications up 2.4% (CNN Money)
MBA's weekly survey shows that volume moved higher despite an uptick in interest rates; refinancing accounted for 46% of applications.
2007-10-10 05:07:17 -
Mortgage lending falls as rates bite (Independent)
Mortgage lending declined for the second month in a row in August, as the effects of five interest rate rises over the previous year continued to take their toll on the housing market.
2007-10-09 04:51:18 -
Baha Mar deal could lower mortgage rates (The Nassau Guardian)
Absence of final approvals for the $2.3-billion Baha Mar project has been blamed for a drop in construction jobs and a general decline in the country's short-term economic growth. According to one developer, you can now add the rise in mortgage rates to the list.
2007-10-10 05:39:14 -
ID theft: Don't lose yourself on the internet
British Bankers' Association - ... precious personal details on social networking websites - these are among top tips in a new guide to beating ID fraud ... make the criminal's job harder and to help spare you a nightmare, such as problems getting loans, credit cards or a mortgage ...
2007-10-10 04:09:00 -
DEMS' POSTER KIDS: BOGUS BEGGARS
New York Post - The Frosts claim it would cost them more per month than their mortgage, reportedly $1,200 a month, to buy private insurance ... Jennifer's mom was later convicted of aggravated child abuse and welfare fraud for misrepresenting $60,000 in assets on ...
2007-10-10 03:26:00 -
Sub-prime Suspect
BBC News - The FSA is also under fire with critics saying its "light touch" regulation of the mortgage selling companies was leading to increased fraud. There's a lack of official statistics surrounding the reliability of sub-prime debt in the UK, although ...
2007-10-08 01:15:00 -
Digital Risk Integrates With Mavent
Forbes - Digital Risk has deep expertise in managing the many risks attendant to the mortgage business, including credit, collateral, interest rate and fraud risks," said Louis Pizante, CEO of Mavent. "Compliance has emerged as another fundamental risk ...
2007-10-09 02:54:00 -
Massachusetts couple pleads guilty to mortgage fraud in New York
Empire State News - Albany — Federal authorities in Albany Tuesday announced that Anthony Anderson and his wife, Laura Anderson, both of Florence, Massachusetts, pled guilty Tuesday before Senior United States District Judge Thomas McAvoy in Albany to felony charges ...
2007-10-10 01:38:00 -
Mavent and Digital Risk integrate mortgage technology (Finextra)
Mavent, a provider of automated regulatory compliance solutions to the mortgage industry's leading originators and investors, has integrated with ...
2007-10-10 04:21:26 -
Corporate Earnings Face Low Bar
Street.Com - Downward estimate revisions have already come in from the banking sector, consumer finance, and mortgage companies," notes John Butters, research analyst with Thomson Financial. As the Dow Jones Industrial crossed back above the 14,000 level last ...
2007-10-08 09:05:00 -
UPDATE 2-Experian fails to reassure as H1 sales rise 6 pct
Reuters UK - ... helping send its shares down 8 percent amid concerns over the impact of U.S. mortgage market turmoil. Experian Group Ltd (EXPN.L: Quote , Profile , Research ), best known for running consumer credit checks for banks, retailers and other companies, said ...
2007-10-10 02:21:00 -
GOP Ignores the Elephant in the Room
Barron's Online - While the mortgage professionals sacked by Countrywide , Bear Stearns and the lesser mortgage companies that went out of business may be eligible for jobless benefits, there is "an army" of mortgage and loan officers who are not, he adds. Most brokers ...
2007-10-10 03:54:00 -
Stock index futures down; earnings in focus
MSN MoneyCentral - Eyes will also be on three heavyweight companies -- Alcoa , International Paper and Chevron -- whose shares fell in after-hours trading on Tuesday. The Mortgage Bankers Association releases its mortgage market index for the week ended October ...
2007-10-10 03:26:00
