Arcadia North Carolina Lenders

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Features
Russia to buy out mortgages from banks (AP)
AP - Russia's government pledged a mortgage buyout Wednesday and announced more aid for major airlines and other companies beyond an existing $200 billion financial rescue package, Russian news agencies reported.
 
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.
 
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 Cyprus Property Buying Guide
Homes Overseas, the leading overseas property experts have added a property buying guide on Cyprus. Penned as an article, the guide specifically features available properties under the 80 k tag.
 
TransUnion: 3Q mortgage delinquencies shoot higher (AP)
AP - The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC.
 
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Arcadia NC Lenders