Big Timber Montana Lenders

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Features
Beazer loss widens on housing market deterioration (Reuters)
Reuters - Beazer Homes USA posted a wider quarterly loss on Tuesday, citing a further deterioration of the U.S. housing market due to lower consumer confidence levels and reduced access to mortgage financing.
 
Homes Overseas Announces New Egypt Property Buying Guide
Homes Overseas, the leading overseas property experts have added a property buying guide titled 'Now's a Good Time to Buy Golf Property in Egypt'. The guide is a detailed presentation, with well substantiated details for interested property buyers.
 
Unicredit offers mortgage relief in Italy (AP)
AP - Italy's largest bank Unicredit said Tuesday it will suspend mortgage payment requirements for 12 months without penalties for homeowners in financial difficulty.
 
Mortgage fraud incidents up 45 pct in 2Q (AP)
AP - Reported incidents of mortgage fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data released Tuesday showed.
 
Investor Sues to Block Mortgage Modifications (BusinessWeek Online)
BusinessWeek Online - The battle over the mass modifications of troubled mortgages has begun in earnest. On Dec. 1, William Frey, a private investor in mortgage-backed securities, filed a lawsuit in New York State Supreme Court alleging that the proposed modification of some 400,000 home loans originally underwritten by the defunct lender Countrywide Financial is illegal.
 
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Big Timber MT Lenders