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Southland home-loan refinance market shows signs of revival - California
Lower interest rates spur refi queries, lenders say For the last few weeks, phones have been ringing off the hook at Countrywide Credit Industries Inc....(Continue Reading) Big breaks for home buyers - includes related article on mortgage opportunities for minorities
Stabilizing home prices and low interest rates have combined to make home ownership more financially feasible for many African-Americans. Special affordable ......(Continue Reading)S&Ls blame mortgage woes for the rise in nonperforming loans - savings and loan associations
Home buyers who bought upscale Southern California real estate at peak prices in the late 1980s are one of the major factors driving nonperforming loans ......(Continue Reading)Secondary mortgage market stays below 1988 levels, mirroring sluggish home sales - Los Angeles-based S&Ls
Secondary mortgage market stays below 1988 levels, mirroring sluggish home sales The sale of mortgage loans by Los Angeles-based savings and loan associations ......(Continue Reading)Savings & loans becoming bank-like - Los Angeles, California, savings and loan industry - Special Report: Banking & Finance
The 3-6-3 rule used to be sacred in the savings and loan industry. You take deposits at 3 percent, make loans at 6 percent and hit the golf course at 3 p.m. No more. The S&L industry in Los Angeles i...(Continue Reading)
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