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swedish banks' margin on mortgage loans widens
the margin between mortgage rates and swedish banks' financing costs have increased in recent years and was 1.1 percentage points at the end of the first quarter, sweden's financial supervisory authority said thursday.
mortgage companies urged to introduce ach to their clients
mortgage companies must introduce the automated clearing house (ach) to their clients to make the collection of payments less cumbersome.
44% of cook county homes with a mortgage are underwater
almost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.