The prosecution and defense rested Thursday in the mortgage fraud cases against Teresa Marie WIlson and Angelo Surveo Williams. Jurors likely will begin deliberations today after lawyers give their closing arguments in Jackson County Circuit Court …
But Fed Chairman Ben Bernanke and his colleagues warned that … Against that backdrop, the Fed kept the target range for its bank lending rate at zero to 0.25 percent. And it made no major changes to a program to help drive down mortgage rates.
Commercial and multifamily mortgage lending in the U.S. fell 12 percent from the second quarter to the third quarter and is down 54 percent from year ago levels, according to the Mortgage Bankers Association . The drop includes a year over year …
RECORD low interest rates yesterday sparked a fresh round in the mortgage price war, bringing further cheer to the housing market. Minutes after the Bank of England announced it was keeping the official cost of borrowing at 0.5 per cent for the ninth …
WASHINGTON — Home-mortgage rates fell this week, with the average rate on 30-year fixed-rate mortgages retreating back below the psychologically significant 5% level, according to Freddie Mac’s weekly survey of mortgage rates. Treasury yields, which …
SAN FRANCISCO (MarketWatch) — Embattled mortgage lender Fannie Mae said Thursday after posting a third-quarter net loss that it has asked the U.S. Treasury Department for an additional $15 billion in assistance by the end of the year. Fannie Mae …
Washington – US mortgage lender Fannie Mae said Thursday that it would seek 15 billion dollars in federal aid, after posting its ninth consecutive quarterly loss. Fannie Mae reported a net loss of 18.9 billion dollars in the third quarter of 2009 …
TORONTO, ONTARIO — (Marketwire) — 11/05/09 — Firm Capital Mortgage Investment Trust (the “Trust”) (TSX: FC.UN), today released its financial statements for the third quarter ended September 30, 2009. Management of the Trust is focused on the …
Pacific Mortgage Fund is a private mortgage fund which makes 1st trust deed investments in commercial and luxury residential properties nationwide, focusing primarily on the West Coast. Pacific Mortgage Fund is privately owned and managed bridge loan …
Commercial and multifamily mortgage lending in the U.S. fell 12 percent from the second quarter to the third quarter and is down 54 percent from year ago levels, according to the Mortgage Bankers Association . The drop includes a year over year …
