AP – An initiative barring taxes on home and land sales is clear to appear on Missouri’s ballot after the state dropped an appeal Friday of a judge’s decision ordering the election.
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AP – An initiative barring taxes on home and land sales is clear to appear on Missouri’s ballot after the state dropped an appeal Friday of a judge’s decision ordering the election.
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AP – Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
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AP – Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
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The number of mortgage jobs was up by 2,300 positions in July, according to data released Friday by the U.S. Department of Labor.
Headcount in "real estate credit" was up by nearly 3,000 jobs.
But "mortgage and nonmortgage loan brokers" saw their numbers decline by around 500 positions, the government data indicated.
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The number of mortgage jobs was up by 2,300 positions in July, according to data released Friday by the U.S. Department of Labor.
Headcount in "real estate credit" was up by nearly 3,000 jobs.
But "mortgage and nonmortgage loan brokers" saw their numbers decline by around 500 positions, the government data indicated.
More: continued here
In an appearance before the Financial Crisis Inquiry Commission, regulators testified about the why there was disparate treatment in the resolution of Washington Mutual Inc. and Wachovia Corp.
The Federal Deposit Insurance Corp.’s chairman said the FDIC had known for months that WaMu was in trouble.
But with Wachovia it didn’t know until very late in the game how dire the situation was.
In addition, Wachovia was deemed systemically important.
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In an appearance before the Financial Crisis Inquiry Commission, regulators testified about the why there was disparate treatment in the resolution of Washington Mutual Inc. and Wachovia Corp.
The Federal Deposit Insurance Corp.’s chairman said the FDIC had known for months that WaMu was in trouble.
But with Wachovia it didn’t know until very late in the game how dire the situation was.
In addition, Wachovia was deemed systemically important.
More: continued here
The U.S. Department of Housing and Urban Development reported last week that reverse mortgage originations climbed to 5,901 loans for a maximum claim amount of $1.5 billion in July from 5,304 loans endorsed for $1.3 billion a month earlier.
It was the second month in a row of gains.
In August, according to the Reverse Market Insight newsletter, reverse mortgage production increased 13 percent.
More: continued here
The U.S. Department of Housing and Urban Development reported last week that reverse mortgage originations climbed to 5,901 loans for a maximum claim amount of $1.5 billion in July from 5,304 loans endorsed for $1.3 billion a month earlier.
It was the second month in a row of gains.
In August, according to the Reverse Market Insight newsletter, reverse mortgage production increased 13 percent.
More: continued here
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