Mortgage

Mortgage

Says Democratic Proposal Would Lead to Higher Monthly Mortgage Payments for American Families

WASHINGTON - March 31st, 2008 - Senator Lamar Alexander (R-Tenn.), chairman of the Senate Republican Conference, today released the following statement urging the Senate...

$15,000 Tax Credit for Homebuyers to Reduce Number of Unsold Homes

Chattanooga, TN - March 20th, 2008 - “The way to restart the economy is to stabilize the housing market and when Congress resumes in...

Alexander Urges Homeowners in Need to Take Advantage of New Mortgage Program

February 12th, 2008 - WASHINGTON, DC - U.S. Senator Lamar Alexander (R-Tenn.) today urged Tennesseans concerned about a potential foreclosure to take advantage of...

Statement on Subprime Mortgage Lending

September 6, 2007 -- The Department of Financial Institutions is issuing this Bulletin for the purpose of announcing that the Department has adopted the...

Tennessee Consumers Eligible For $2.7 Million In Ameriquest Restitution

Claim forms sent to eligible consumers; all claims must be submitted by september 10, 2007. NASHVILLE – Tennessee Attorney General Bob Cooper and Tennessee Department...

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

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August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.