| • |
07/18/2006 Companies agree to $1.6 million settlement in title reinsurance probe
|
|
A national mortgage lender and two major home builders who engaged in captive title reinsurance have reached a $1.6 million settlement with the Department of Housing and Urban Development, HUD announced today.
|
|
|
| • |
07/18/2006 Mortgage-hedging losses drive down profits at National City
|
|
National City Corp. reports its second-quarter profits fell 24 percent from a year ago, attributing the decline to hedging losses on mortgages.
|
|
|
| • |
07/18/2006 Web service enables borrowers to shop mortgages anonymously
|
|
A new Web site promises consumers shopping around for the best deal on a mortgage the ability to initiate instant messaging "chats" with loan officers at more than 200 mortgage brokerages around the United States.
|
|
|
| • |
07/18/2006 Wells Fargo reports record profits despite losses on ARMs
|
|
Wells Fargo says it generated record profits of $2.09 billion in the second quarter, despite taking a $250 million loss on the sale of $26 billion in adjustable-rate mortgages and other loans.
|
|
|
| • |
07/18/2006 Online job ads increase nationwide
|
|
New, unduplicated online job ads grew 3 percent in June from the previous month, with the largest supply per capita located along the nation's East and West coasts, according to The Conference Board Help-Wanted OnLine Data Series, released today.
|
|
|
| • |
07/18/2006 Real estate companies beef up franchises
|
|
Two real estate franchise companies today announced additions to their real estate networks.
GMAC Real Estate Franchise Operations today announced the addition of 11 more franchisees throughout major American markets.
|
|
|
| • |
07/18/2006 Los Angeles Newspaper Group launches real estate platform
|
|
The Indigio Group announced this week the launch of its online real estate platform by The Los Angeles Newspaper Group at SoCalHomeSite.com.
|
|
|
| • |
07/18/2006 Real estate foreclosures slow in June
|
|
The number of U.S. properties entering the foreclosure process dipped in June from the previous month, but were considerably higher than a year ago, according to an industry report released today.
|
|
|
| • |
07/18/2006 Canadian real estate markets set records in first-half '06
|
|
Resale housing activity in Canada's major markets in the first half of 2006 set a new record for the first six months of any year, The Canadian Real Estate Association reported this week.
|
|
|
| • |
07/18/2006 Overnight real estate rates hold steady
|
|
Long-term mortgage interest rates held steady Monday, and the benchmark 10-year Treasury bond yield inched up to 5.07 percent.
|
