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Mortgage industry news

American Home Mortgage Investment Corp. Board Declares Quarterly ...
Forbes - MELVILLE, N.Y., June 6 /PRNewswire/ -- American Home Mortgage Investment Corp. (NYSE: AHM) announced today that its Board of Directors has declared a quarterly cash dividend of $0.96 per shar (full story)
Homebuilders are slammed by downgrades
Ludington Daily News - DETROIT (AP) - Shares of major homebuilding companies fell again on Tuesday in reaction to ratings downgrades, fears of higher interest rates and lower full-year outlooks for th (full story)
Wrap- around contract explained
Everett Herald - We are looking at buying a home for sale by the owner, and they are offering to sell to us with such a contract. J.M., Duvall Answer: Frankly, I would not advise doing a private contr (full story)
Dow closes down 12, Nasdaq finishes flat
Lexington Herald-Leader - NEW YORK - Wall Street struggled to the finish Friday, closing out the week barely changed after a steep dip in monthly job growth left investors confused about the economy's (full story)
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