According to a report from the Mortgage Bankers Association, foreclosures and delinquencies are on the decline nationwide, but they have not dropped enough locally to put either state below the national trend.
The president of the local mortgage bankers association thinks the government takeover of Fannie Mae and Freddie Mac will help the Louisville area more than some others. Mortgage Bankers Association of Louisville President Adam Hall says the takeover will be more beneficial for everyone in the short-term because it improves confidence in the country’s two… Continue reading Fannie, Freddie Takeover Could Bolster Local Housing Market
Habitat for Humanity of Metro Louisville celebrated a milestone Thursday. But as the group’s work has been broadened in response to the mortgage crisis.
This could be the last full week of operations for more than 500 Indiana mortgage brokerage companies.