(September 13, 2007) — The law firm Berger & Montague, P.C. announces that it has commenced a securities class action on behalf of purchasers of the common stock of Luminent Mortgage Capital, Inc.
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United Wholesale Mortgage announced Friday that it is rolling out a new loan program that offers borrowers an interest rate as low as 1.875% for both purchase mortgages and refinances.
Despite historically low rates, mortgage applications fell 5.1% last week, according to a survey from the MBA.