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Homes sales may hit record in 07
Edmond Sun - Davies said there are two types of mortgage loans: conventional loans and nonconforming loans. Conventional loans are underwritten with strict guidelines and may not exceed $417,000. Conventional loans are still strong. They have nowhere near the
Source: www.edmondsun.com

State agencies band together to head off mortgage scammers
Alaska Journal of Commerce - He was convicted for wire fraud arising from a scheme to falsify information on mortgage loans he originated while acting as a branch manager in the Anchorage office of Countrywide Home Loans and American Home Mortgage. Partow was also ordered to pay
Source: www.alaskajournal.com

‘Market can find solution to subprime debt crisis’
Financial Times - Mr Gramlich said there is a “giant hole in the supervisory safety net” with half of all subprime mortgage loans being made by independent mortgage companies subject only to state supervision. However, Mr Lazear said many proposals for additional
Source: www.ft.com

Local banks view their mortgage investments as safe
Buffalo News - Western New York has largely escaped the impact of the national mortgage crisis but a potential risk lurks in the investments of some local banks. Banks and independent lenders around the country are suffering major losses on home loans made over
Source: www.buffalonews.com

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This entry was posted on Monday, September 3rd, 2007 at 7:00 pm and is filed under Online Mortgage Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.