Aquadale North Carolina Lenders
Features Christianson Financial Services: More than 25 Years Experience in Home Loans RBS to give struggling homeowners more time to pay (AP) AP - Royal Bank of Scotland Group PLC said Monday it would give homeowners who miss mortgage payments at least six months before starting repossession action — double the three months it used to give. 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. Mortgage application, refinance volume surge (AP)
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. News
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