C.A.R. Centennial Moments
On May 27, 1955, CREA celebrated its Silver Anniversary. The Association had 20,000 members at the time.
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Home builders caught in slowing market (Reg Req'd) Home builders caught in slowing market Part 1: Housing market flattening, but no crash An example of a Toll Brothers home in Chatsworth, Calif., which sells for $1.6 million.read more...
Mortgage Mess: Michigan and Ohio rank No. 1 and 2 on list of states with largest credit losses (Winston-Salem Journal) Michigan and Ohio share something with Florida and California - some of the nation's highest rates of foreclosed homes and delinquent mortgages. The reasons for their woes are as different
OFHEO's New Worry at Fannie: Report Cites Credit Risk, Liquidity Soft Spots The Office of Federal Housing Enterprise Oversight, whose previous complaints about Fannie Mae have focused on accounting, controls over financial reporting, and corporate governance, has begun to criticize its ...via
SoCal woman pleads guilty to leading $12M fraud scheme A woman pleaded guilty Friday to federal mail fraud and money laundering charges for leading a $12 million foreclosure scam that victimized more than 100 Southern California homeowners.Commentread more...
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
More Americans Making Late Mortgage Payments (ABC News) Increasing Number of Homeowners Late with Mortgage Paymentsread more...