Argent Mortgage has announced a commitment to match up to $1 million in donations from independent mortgage brokers to HomeAid America, a nonprofit provider of transitional homes, in connection with Hurricane Katrina relief.Argent and its affiliates have already committed $3 million to jump-start HomeAid's initiative to begin constructing transitional housing for displaced families, the company said. Brokers can contribute and qualify for Argent matching donations by sending a check made out to HomeAid directly to Argent (Argent Mortgage, 3 Park Plaza, Irvine, Calif. 92614, Attn: Arlene Steinert) or by clicking on the Katrina Relief link on Argent's website at https://www.argentmortgage.com/Katrina.cfm.
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A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
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The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
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The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
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Small businesses located near HUD's historic headquarters claimed the department's decision violated laws requiring that its offices stay in Washington, D.C.
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Expected coupons range from 5.66% on the AAA-rated A-1A tranche to 8.52% on the tranche rated B+.
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