Loan program to help with home mortgages
A small number of moderate-income Howard County homebuyers should benefit from a $255,275 state Community Legacy program revolving loan fund grant announced yesterday in North Laurel. [Read full article]
Fed probes mortgage rates
More than half of black Americans who bought a home in 2005 received a high interest rate on their mortgage loan, compared with 17 percent of whites, according to a federal report released Friday. [Read full article]
Labor department sues mortgage broker over back pay The U.S. Department of Labor has filed a lawsuit against a mortage broker with local operations, alleging the company owes at least 200 loan officers more than $239,000 in back pay. |
Willimantic, Conn.-based bank to buy mortgage company The Savings Institute Bank & Trust Co., which has a strong branch presence across eastern Connecticut, said Tuesday it plans to purchase a Danbury-based mortgage company that has operations across numerous states. |