Oil shocks and personal saving Mark Thoma notes some interesting thoughts by Harvard professor Martin Feldstein on why the oil shock of 2005 was not more disruptive.read more...
Lack of Escrow Accounts Hurts Subprime Borrowers As financial regulators and Congress probe more deeply into delinquencies and foreclosures in the subprime home loan market, one contributing factor is receiving increased attention: the lack of mandatory
Church Sales Require Tact, Creativity With a shortage of priests and declining attendance, Catholic leaders across the state are consolidating parishes and shedding their extra buildings.Commentread more...
Mortgage applications show slight rise (CNN Money) Mortgage Bankers Association reports falling interest rates spur homeowners to refinance.read more...
Mortgage lending growth eases -BBA (Reuters.co.uk) LONDON (Reuters) - Underlying mortgage lending growth continued to ease in February, moving further below its recent average, the British Bankers' Association said on Monday.read more...
Credit Crunch May Follow Mortgage Crisis, Warns Study (U.S. Newswire via Yahoo! News) New mortgage laws that restrict access to certain loans would be an overreaction to the current foreclosure situation and deprive hundreds of thousands of Americans the opportunity to own
WASHINGTON (AFX)—Paced by a pickup in refinancings, the volume of mortgage applications rose 5.9% on a seasonally adjusted basis in the week ended April 22 compared to the prior week, according to the latest data compiled by the Mortgage Bankers Association.
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