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Mortgage News for Thursday - March 16, 2006

More Mortgage News
• Lenders wary of losses tighten mortgage criteria
• Homebuilders jump on strong housing data
• Adjustable rates push mortgage delinquencies up
• Mortgage and refinance mortgage rates dip
• Real estate mogul Trump turns to mortgage
• U.S. Economy: Inflation Is Contained, Housing Starts Decline
Mortgage News
Real estate mogul Trump turns to mortgage - 2006-03-16
Donald Trump launched a mortgage venture and is known as Trump Mortgage. Trump Mortgage LLC, based in the Trump Building at 40 Wall St. in New York, provides residential mortgages, commercial mortgages and home equity loans. The company also services luxury mortgages for high-end residential and commercial real estate.
Read the full story at Inman.com
 
U.S. Economy: Inflation Is Contained, Housing Starts Decline - 2006-03-16
U.S. consumer prices climbed at a slower pace in February and home construction decreased by the most in almost a year, suggesting the Federal Reserve may be near the end of its interest-rate hikes. Restrained inflation and a slowdown in housing are giving Fed policy makers what they wanted to achieve when they initiated a series of 14 rate increases about two years ago.
Read the full story at Bloomberg
 






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