Yahoo! News: Business - Real Estate:
 
Glimcher offering raises $96M after costs (AP)
7/30/2010 12:36 PM
AP - Real estate investment trust Glimcher Realty Trust said Friday a recently completed public offering of 16.1 million common shares generated about $96 million, after commissions, discounts and expenses...Read More
 
Increase in FHA Mortgage Insurance Premiums Passes in House (CQPolitics.com)
7/30/2010 12:22 PM
CQPolitics.com - The House passed legislation Friday to give the Federal Housing Administration flexibility to raise mortgage insurance premiums on the loans it guarantees...Read More
 
Reverse Mortgages Aren't Catching On (U.S. News & World Report)
7/30/2010 10:51 AM
U.S. News & World Report - The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disclosure has improved, and the federal government's insured reverse mortgage program has provided stability and credibili...Read More
 
Fannie Mae portfolio grows, delinquencies decline (Reuters)
7/30/2010 9:22 AM
Reuters - Fannie Mae expanded its mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May to the lowest level this year, the largest U.S. home loan purchaser said on Friday...Read More
 
Citigroup to pay $75 million to settle SEC charges (Reuters)
7/29/2010 8:46 PM

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Citigroup paying $75M to settle civil charges (AP)
7/29/2010 7:50 PM

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Florida mortgage firm settles federal charges (AP)
7/29/2010 5:30 PM
AP - Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges...Read More
 
Congress to try to recoup Fannie, Freddie costs (AP)
7/29/2010 5:04 PM
AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac...Read More
 
Summary Box: Mortgage rates hit low of 4.54 pct. (AP)
7/29/2010 3:25 PM
AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week...Read More
 
Mortgage rates hit low of 4.54 percent (AP)
7/29/2010 3:09 PM

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