Monday, July 28, 2008

Mortgage News

What is happening today in mortgage lending:

It was a busy weekend with the Senate working to approve the biggest bill in a decade. I sent out a speical email yesterday giving you the most recent update on this bill. President Bush is expected to sign this some time this week. It wasn't all rosy but it will be interesting to see how it all plays out.

Housing Bill Relies on Banks To Take Loan Losses http://online.wsj.com/article/SB121719179401688061.html?mod=hpp_us_whats_news

Mortgage insurers tightening rules
http://www.mercurynews.com/news/ci_10019672

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