Mortgage Rates Move Even Deeper Into 3% Territory After Jobs Report – Mortgage rates moved decisively lower today following a much weaker-than-expected reading on new job creation in a key report from the Department of Labor. The payroll count in the big jobs report.
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Trustee to take over Fortress broker in wake of RCMP raid – A judge has ordered a trustee to take over the operations of the lead mortgage broker for beleaguered real estate developer fortress real developments Inc., just a week after the RCMP raided.
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$511 million in mortgages set up by unregistered Vancouver broker who cooked books: FICOM – An unregistered vancouver mortgage broker may have arranged over half a billion dollars in loans, many of which could be based on falsified income records, according to a cease and desist order issued.
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Lack of Mortgage Savvy May be Stifling Homeownership – Fannie Mae’s monthly National Housing Survey consistently shows that the vast majority of Americans would prefer to own rather than rent a home but are uncertain or mistaken about what qualifications.
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