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Latest news
Council to Consider Mortgage Lender Lawsuit
The Memphis City Council today in its executive session will discuss a resolution approving the city of Memphis’ involvement in a joint city-county la....
Read more News Source - The Memphis Daily News
Publish date - 06:16:33 01/06/09

Mortgage crisis here may be worse than reported
Dorothy Gary never lost her home, but the senior citizen's oversized 24 percent mortgage rate brought her awfully, awfully close.
Read more News Source - The Buffalo News
Publish date - 13:33:39 01/05/09

A Church Burns It's Mortgage
The Heart of God Ministries is proud to say it paid the last mortgage payment.
Read more News Source - The Charleston State Journal
Publish date - 13:31:52 01/05/09

Church celebrates paying off mortgage
Congregants gathered Sunday afternoon at Heart of God Ministries in Beckley to enthusiastically celebrate paying off a 20-year mortgage in less than five years for the second time in eight years.
Read more News Source - The Register-Herald
Publish date - 03:48:07 01/05/09

PNC Completes National City Acquisition
PNC Bank’s acquisition of National City is a done deal.
Read more News Source - WPXI Pittsburgh
Publish date - 03:58:15 01/02/09

The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
NEW YORK CITY-The Federal Reserve Bank is kicking off the New Year with its previously announced plan to buy fixed-rate mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The Federal Reserve will release more details about these operations--such as the amount of the securities it is purchasing--on Thursday, Jan. 8, it said in a statement.
Read more News Source - GlobeSt.com
Publish date - 17:15:40 01/05/09

Manhattan Apartment Sales Drop for Fourth Quarter in Recession
Jan. 6 (Bloomberg) -- Manhattan apartment sales fell for the fourth straight quarter and prices for the most expensive apartments dropped for the first time since the recession began as the national housing slump hit the metropolitan area.
Read more News Source - Bloomberg
Publish date - 07:09:04 01/06/09

Fitch Upgrades National City, Affirms PNC Ratings
Fitch Upgrades National City, Affirms PNC Ratings
Read more News Source - Fox News
Publish date - 21:24:02 12/31/08

Business briefings
NINE-MONTH REPORT State's credit unions show '08 lending growth California credit unions grew their mortgage lending activity by 12 percent during the first nine months of 2008 as other struggling lenders tightened credit, the California Credit Union League said in a report Monday. A full report for 2008 won't be available until February. But league officials touted the ...
Read more News Source - The Sacramento Bee
Publish date - 08:08:44 01/06/09

Mortgage rates hit 37-year low
SANDUSKY Homeowners and homebuyers finally received some good news -- the 30-year fixed mortgage rate has sagged to its lowest point in 37 years.
Read more News Source - The Sandusky Register
Publish date - 08:29:57 01/04/09


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