Archive for July, 2005

California Mortgage News - Fitch Rates FHAMS $605.1MM Mtge PT Ctfs Ser

Fitch Rates FHAMS $605.1MM Mtge PT Ctfs Ser 2005-AA7
Business Wire (press release), CA - Jul 29, 2005 The mortgage pool has a weighted average OLTV of 74.85% and the The states with the largest concentration are California (15.39%), Virginia (12.10%), Arizona

Feds target mortgage-elimination scheme
SouthCoastToday.com, MA - Jul 29, 2005 Office for the Northern District of California has filed a complaint that seeks to permanently block an alleged "fraudulent mortgage elimination scheme

California Mortgage Protection Program - HomeOpenersSM
Community Dispatch (press release) - Jul 29, 2005 This program makes up to six monthly mortgage payments if the borrower becomes involuntarily unemployed, is receiving California Employment Development

Construction can't keep up with demand for housing
Inland Valley Daily Bulletin, CA - 23 hours ago Mortgage rates remain at near-historic lows. The state's population is continuing to grow; in fact, one of every eight Americans lives in California.

Office condos are the next big thing, brokers say
North County Times, CA - 1 hour ago Smith is developing Temecula Office Centre in Rancho California Business Park. Young families use low mortgage rates to buy houses that are larger or less

California home prices at risk for declines -study
Reuters - Jul 29, 2005 areas are going up faster than incomes and it's our view that's not sustainable," said Mark Milner of the Walnut Creek, California-based mortgage insurer, a

Minority business booming, study says
San Jose Mercury News, United States - 20 hours ago But black business had a slightly higher rate of growth in revenue in California, up 59 card, as a way to open a bank account, apply for a mortgage or apply

She walks alone
Providence Journal (subscription), RI - 2 hours ago Then, in September of 2003, she borrowed $145,713 from a California mortgage company. A house! Finally, she could have a place of her own.

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California Mortgage News - Don't Bank On A Safe Mortgage CBS News -

Don't Bank On A Safe Mortgage
CBS News - 7 hours ago (CBS) CBS News Correspondent Trish Regan explains here how it's easier than ever to get a mortgage in this Consumer Alert. To learn

UK Consumer Credit, Mortgage Lending Slowed in June (Update2)
Bloomberg - 19 hours ago Gross advances less repayments were 8.81 billion pounds ($15.4 billion) compared with 9.77 billion in May as consumer credit and mortgage lending slowed, the

Buy-to-let investors avoiding deposit rule
Financial Times, UK - 9 hours ago The Council of Mortgage Lenders told the FT that banks only lend on a loan-to-value ratio of 85 per cent or less on a buy-to-let flat.

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