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Former Rock pitchman launches mortgage company of his own (Detroit Free Press)
Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a mortgage company in Birmingham called Hall Financial.
Thu, 11 Mar 2010 00:32:12 GMT.
Former Rock Financial exec David Hall forms mortgage firm (Detroit Free Press)
Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a new mortgage company in Birmingham called Hall Financial.
Thu, 11 Mar 2010 00:30:23 GMT.
Democratic gubernatorial candidate pushes for Michigan state bank (Detroit Free Press)
Lansing Mayor Virg Bernero today proposed having Michigan follow the lead of North Dakota and open a state-owned bank that could make low-interest loans to businesses and college students.
Thu, 11 Mar 2010 00:30:33 GMT.
Bernero pitches state-run bank for Michigan (Detroit News)
Lansing -- Lansing Mayor Virg Bernero Tuesday proposed having Michigan follow the lead of North Dakota and open a state-owned bank that could make low-interest loans to businesses and college students.
Wed, 10 Mar 2010 06:14:23 GMT.
Solutions aren't easy for underwater mortgages (Detroit Free Press)
The underwater mortgage problem has no easy solution, particularly in places like Michigan, which has shed nearly a million manufacturing jobs in the past decade.
Thu, 11 Mar 2010 00:28:40 GMT.
Thousands Walk Away From Mortgage (WILX 10 Lansing)
Michigan faces growing home mortgage default woes
Mon, 08 Mar 2010 21:43:53 GMT.
Foreclosures drop for 2nd month in February: RealtyTrac (Reuters via Yahoo! News)
U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Thu, 11 Mar 2010 12:20:14 GMT.
Mortgage Defaults Growing (WILX 10 Lansing)
Michigan faces growing home mortgage default woes. The state currently ranks fourth in the nation in underwater mortgages.
Mon, 08 Mar 2010 08:29:03 GMT.
Lansing Mayor Virg Bernero proposes Michigan state bank (Lansing State Journal)
Lansing Mayor Virg Bernero is proposing a new state-owned bank to provide credit to small businesses and kickstart the states economy. Bernero announced the idea today. Its among his major proposals for his Democratic gubernatorial campaign bid that began a month ago. He said the concept is modeled after the state-owned Bank of North Dakota. A similar bank in Michigan would help businesses by ...
Tue, 09 Mar 2010 16:49:17 GMT.
Home loan demand nudges higher in latest week (Reuters via Yahoo! News)
U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Wed, 10 Mar 2010 15:00:52 GMT.