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| _______________ | 3 | | Mortgage application volume falls 6.2 pct | | The trade group's application index slipped to 398.6 during the week, down from 425 a week earlier. Refinance volume decreased 2.6 percent, while purchase volume declined 12.6 percent during the week. Refinance volume accounted for 49.9 percent of all | | 13h 35min 44sec ago | |
| _______________ | 4 | | UPDATE 2-Commercial mortgages seen at risk as economy weakens | | economy could lead to a wave of defaults on loans for office buildings, retail stores and hotels. Commercial mortgage-backed securities have been shattered this year amid expectations that weak underwriting standards and slowing economic growth will | | 13h 46min 45sec ago | | |
| _______________ | 6 | | Economy, TARP conspire against commercial mortgages | | MORTGAGES-COMMERCIAL/BONDS (UPDATE 1):UPDATE 1- NEW YORK (Reuters) - Bonds backed by commercial real estate loans cratered for a second day Wednesday on fears the fast-weakening U.S. economy could lead to a wave of defaults on loans on properties such as | | 13h 56min 44sec ago | |
| _______________ | 7 | | Mortgage rescue or rip off? | | NEW YORK (CNNMoney.com) -- If mortgage lending was the Wild West during the boom years, foreclosure-prevention counseling is the lucrative new frontier of the bust. Nearly 1.6 million borrowers are in jeopardy of losing their homes this year, according | | 14h 14min 45sec ago | | |
| _______________ | 9 | | Insurers slump on concern about commercial mortgage exposure | | NEW YORK (MarketWatch) -- Shares of the some of the nation's top life insurers slumped again on Wednesday, including a 29% drop in Hartford Financial stock, on concerns about their exposure to commercial mortgage-backed securities. A $209 million | | 14h 15min 44sec ago | |
| _______________ | 10 | | 1.3m interest only mortgages with no way to pay off | | Using Mortgage Finder to find the best mortgage and remortgage deals could save you thousands of pounds. Find the right cheap mortgage or cheapest remortgage. Get an interest only mortgage quote now. Â More... Get an interest only remortgage quote now. | | 14h 15min 44sec ago | |