For everyone who knows that National Mortgage Newsis based in New York City and has been calling or wondering about our safety in the wake of Tuesday's terroristattack -- thanks for your concern, and we are fine. Our building at 11 Penn Plazais not in the financial district, but since it is adjacent to Penn Station and the Empire State Building it wasevacuated promptly and successfully. We're back on the job today (Wednesday), although shaken and grieved by theloss of life downtown. Although our unit escaped this atrocious assault, the attacks have struck far too closeto home. Our parent firm, Thomson Financial, had office space in the World Trade Center. Thomson Financial wasstill accounting for its employees Wednesday morning, although it said the majority are safe. We pray for the safetyof our colleagues. We also had news sources and business contacts among the firms that were based in the WorldTrade Center. While the buildings are replaceable, the people who were killed are not, and we mourn their loss,as well as the deaths of the hundreds of police officers and firefighters killed trying to save them. --MARK FOGARTY, Editor, National Mortgage News
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A group of plaintiffs in another action against the National Association of Realtors and three franchisors claimed harm if the May 9 final settlement hearing took place.
6h ago -
Out of the 221 metro areas tracked, 205 had existing home price increases and just 15 reported year-over-year declines, the National Association of Realtors said.
7h ago -
The rates of single parent homeownership by gender differ by 14 percentage points, even though more single women own homes than men.
May 8 -
Purchases and refinances both contributed to weekly growth, with notable increases in certain government-lending segments, the Mortgage Bankers Association said.
May 8 -
McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.
May 8 -
Freddie's plan "has merit," but if also used by Fannie, it might create competition for many closed-end, second liens in PL RMBS, according to new research.
May 8