Mortgage

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Arizona No. 4 for mortgage fraud

Thursday, March 17th, 2011

Arizona now ranks fourth for mortgage fraud nationally. It’s the first time the state has cracked the top five for the problem, according to data released this week from the Mortgage Asset Research Institute.

One Firm Refused to Aid a Goldman C.D.O. Plan

Thursday, March 17th, 2011

A little-known investment firm has found itself caught up in the Securities and Exchange Commission’s fraud case against Goldman Sachs, The Wall Street Journal reported.

UK housing market then and now

Thursday, March 17th, 2011

In April, the year-on-year increase in house prices returned to double figures for the first time since June 2007, the Nationwide Building Society has said.

U.S. Role in Mortgage Market Grows Even Larger

Wednesday, March 16th, 2011

The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.

Mortgage lending: tight for some

Wednesday, March 16th, 2011

Today’s figures from the Bank of England show that mortgage lending is still very depressed. In March net mortgage lending, at a mere £318m, was actually lower than unsecured lending (£325m). This is only the fourth month this has happened since records began in 1993. In 2006-07, mortgage lending averaged £9.13bn a month, eight times [...]

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