Mortgage News Wire

The latest mortgage industry news dump.

Housing Crisis Far From Over and Already Looking Set to Repeat

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Nearly 60% of Underwater Homeowners Still 4+ Years Away from Positive Equity – The Truth About Mortgage

Higher Interest Rates Haven’t Spooked High-End Buyers – WSJ

American Homes 4 Rent Said to Fire Employees After Loss – Bloomberg

Bank of America lays off 1,000 in Beachwood; bank closes 3 mortgage offices in Ohio –

Loan Profits Were Already Down 14 Percent Before July – MND

Going Down the Wrong Mortgage Road – WSJ

Mortgage Rates vs. War: The Silver Lining – The Truth About Mortgage

Cash Sales Surge; Distressed Sales Remain Elevated – RealtyTrac – MND

GE plans to exit U.S. retail lending – Reuters

Blame BofA layoffs on falling refi volumes – HousingWire

Some Big Banks Thrive Despite Chaos of 2008 – NY Times


Written by mortgagelink

August 30, 2013 at 6:33 pm

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