Monday, October 17, 2005

 


Lagging mortgage rates undermine Fed's fight
Inman.com (subscription), CA - 21 hours ago There is some word of accumulating inventory of homes for sale, but no decline in aggregate sales, nor a decline in purchase mortgage applications.

Thornburg Mortgage Reports Third Quarter EPS of $0.70; Declares
Business Wire (press release), CA - 7 hours ago Thornburg Mortgage Inc. (NYSE: TMA) reported net income for the quarter ended Sept. 30, 2005, of $74.0 million, or $0.70 per common

'One-size-fits-all' mortgage doesn t work, says A&L
ifaonline.co.uk, UK - 18 hours ago By Matthew West. Mortgage borrowing based solely on a person s income will become a thing of the past Alliance & Leicester (A&L) claims.

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