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Mortgage rates slide (CNN Money) Home mortgage rates retreated last week, with the 30-year fixed slipping to 5.7% from 5.8% the week prior, according to a report from a financial data aggregator released Thursday.
Beazer to pay $50M for mortgage fraud (UPI) CHARLOTTE, N.C., July 2 (UPI) -- U.S. home builder Beazer Homes USA agreed to pay $50 million to settle various mortgage fraud abuse charges, court records show.
Mortgage applications fall to 7-month low (USA Today) Mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30%, data from an industry group showed on Wednesday.
Obama widens mortgage refi program (CNN Money) The Obama administration is widening its mortgage refinancing program to allow more borrowers hit hard by falling home prices to take part.