Alamance North Carolina Lenders

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Features
Mortgage application, refinance volume surge (AP)

AP - Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey.

 
VISCAPE REINVENTS the VACATION HOME INDUSTRY USING WEB 2.0
Live It – Love It – Share It: New venture connects travelers with vacation homes.
 
Beazer Homes 4Q loss balloons as revenue plunges (AP)
AP - Homebuilder Beazer Homes USA Inc. gave Wall Street a double-shot of discouraging news Tuesday: Its fiscal fourth-quarter loss more than tripled from a year ago and it expects to lose money throughout 2009.
 
U.S. working on affordable mortgage plan: sources (Reuters)
Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan said on Wednesday.
 
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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Alamance NC Lenders