Searching
Finance and Economy Archive
RISMEDIA, Dec. 10, 2007-The delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 5.59% of all loans outstanding in the third quarter of 2007 on a seasonally adjusted (SA) basis, up 47 basis points from the second quarter of 2007, and up 92 basis points from one year ...
RISMEDIA, Dec. 10, 2007-Metrocities Mortgage, LLC, a national leader in the residential mortgage lending market, announced that CEO and founder Paul Wylie has decided to step down. ...
RISMEDIA, Dec. 7, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 30, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 791.8, an increase of 22.5% on a seasonally adjusted basis from 646.3 one week earlier. On an ...
RISMEDIA, Dec. 7, 2007-The delinquency rate for mortgage loans on residential properties in Connecticut increased 60 basis points to 4.65% by the end of the third quarter of 2007 according to the Mortgage Bankers Association. The percentage of loans on which foreclosure was started during the quarter rose 12 basis ...
RISMEDIA, Dec. 6, 2007-As the Bush administration huddles with major lenders to finalize a relief plan for subprime borrowers, new results from a survey conducted by Harris Interactive® on behalf of the National Taxpayers Union (NTU) warn against the government going too far. ...
RISMEDIA, Dec. 6, 2007-Chase, one of the nation's leading residential housing lenders, announced that mortgage professional Jim Flood has joined the company as area manager for Home Lending in South Florida ...
RISMEDIA, Dec. 5, 2007-According to a report by MarketWatch, The Bank of Canada said it's cutting its target rate by a quarter-point to 4.25%, citing inflation figures that were below expectations and downside risks to the bank's inflation projection. ...
RISMEDIA, Dec. 4, 2007-The recent crisis in the subprime lending market exposed structural deficiencies in the financial system globally, particularly around the area of risk management. New research from TowerGroup finds that many financial institutions continue to view and manage risk in the traditional fashion -- as a threat that ...
RISMEDIA, Nov. 26, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6% on a seasonally adjusted basis from 707.3 one week earlier. On an ...
RISMEDIA, Nov. 26, 2007-(MCT)-Health-care cost inflation will moderate for the average employer next year as companies shift more costs to workers and promote wellness, according to a survey released last week. ...
RISMEDIA, Nov. 26, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6% on a seasonally adjusted basis from 707.3 one week earlier. On an ...
RISMEDIA, Nov. 20, 2007-(MCT)-Has a generation of steady or falling prices come to an end? ...
RISMEDIA, Nov. 12, 2007-Chase, one of the nation's leading residential housing lenders, announced the opening of its first mortgage office in Princeton, New Jersey. Chase also hired five mortgage professionals with a combined 92 years experience to support the new office at 821 Alexander Road East and the area. ...
RISMEDIA, Nov. 9, 2007-Mortgage rates moved up this week, with the average conforming 30-year fixed mortgage rate now 6.34%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.38 discount and origination points. ...
RISMEDIA, Nov. 9, 2007-Each time the Federal Reserve (the Fed) cuts interest rates, borrowers converge upon their mortgage representatives expecting lower interest rates. Unfortunately, they find that mortgage rates often rise after the Fed cuts rates, and those who have held off on refinancing or locking rates thinking a Fed ...
