Text: After mutual funds and insurance firms, it is now stock brokers who have begun selling flats and commercial spaces to prospective clients. Things are beginning to look up for brokers who had diversified into real estate distribution after broking and third party distribution revenues dried up for them, towards the second half of 2008, reports Shailesh Menon from Mumbai. Seeing opportunities to make money, several broking...
Obama proposes mortgage yardstick
Ohio
Ohio
WASHINGTON: If President Barack Obama gets his way, consumers who take out mortgages would automatically get a ''plain vanilla'' loan - such as a traditional 30-year fixed-rate mortgage - unless they opt for a riskier...
Business Briefs: McCormack joins Exit Realty office
Nashville Tennessean
Nashville Tennessean
Jim McCormack recently joined Exit Realty Network in Murfreesboro. A native of Pennsylvania, he relocated to Murfreesboro in September 2008, as his wife Dawn accepted a faculty position at MTSU. McCormack has been a...
Pa. toughens laws to prevent mortgage fraud
MSNBC
MSNBC
updated 5:49 p.m. ET June 29, 2009 Levittown - Pennsylvania has two new laws to combat mortgage fraud.Gov. Ed Rendell signed the two bills into law Monday as he was watched by victims of...
I have a bad credit rating. Should I wait to get a mortgage?
The Guardian
The Guardian
Q I have the opportunity to buy a share of a flat through the One Housing Group shared ownership scheme. The scheme is ideal as I've found myself in the position of never being able to save a big enough deposit to buy in...
Persimmon Realty merges with John L. Scott
The Business Review
The Business Review
, a Gresham real estate firm that formed to sell newly constructed homes at Persimmon Country Club, has merged into the local office of John L. Scott Real Estate. The merged office will operate under the John L. Scott...
Home mortgage market normalising, AFG says
The Australian
The Australian
HOMELOAN activity is returning to normal levels, but the sector could be affected by a lack of choice facing consumers. Australia's largest mortgage broker, AFG, today said: “We're seeing a number of encouraging...
Proposed Consumer Agency Would Have Power to Rewrite Mortgage Rules
Wall Street Journal
Wall Street Journal
By DAMIAN PALETTA WASHINGTON -- A centerpiece of the Obama administration's effort to overhaul supervision of financial markets will be a new Consumer Financial Protection Agency that "will be charged with protecting...
More lenders raise mortgage rates
The Guardian
The Guardian
Nationwide and Woolwich raise costs of fixed-rate loans...
State rejects 23% of mortgage-broker applications
Business Journal
Business Journal
Jumbo loan woes hitting brokers Buyout brainteaser: Is this a bubble or the beginning? The Massachusetts Division of Banks has denied more than 1,500 applications for mortgage broker licenses, including a number of...
New Jersey AG: Mortgage fraud cases on the rise
MSNBC
MSNBC
updated 5:17 p.m. ET June 30, 2009 Levittown - Although the nation's beleaguered housing market is showing signs of stabilizing, Attorney General Anne Milgram warned potential homeowners on Tuesday that mortgage fraud in...
Gov. Rendell Signs Mortgage Fraud Bills Into Law
MSNBC
MSNBC
updated 9:50 p.m. ET June 29, 2009 HARRISBURG, Pa. - Gov. Ed Rendell has signed two bills into law to crack down on mortgage fraud in Pennsylvania. advertisement | The first will mandate better communication...


