Countrywide Profit Falls
Countrywide Financial Corp., the largest U.S. mortgage lender, on Tuesday said quarterly earnings fell 28% after it sold fewer loans to investors and mortgage banking profit fell by nearly half.
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U.S. Home-Price Growth Reaches Slowest Pace in Over Six Years Prices grew just 1.17% in the second quarter from three months earlier, the sharpest slowdown since the government began releasing these statistics, providing more evidence of a cooling housing market.read
Still plenty of wallflowers at the social "There's been a lot of hype about [social computing], but many consumers aren't there yet. Marketers have to embrace not just appealing to consumers at top of ladder but appealing
Real Estate Adviser: Keeping home in the family has advantages Are there specific advantages or disadvantages to selling a home to a family member as opposed to a stranger? -- Kathy Dear Kathy, Keeping things all in the family in
Locked outside the bubble Phyllis Cambolattara, of Valparaiso, bought her home for around $100,000 through a community development program in 1999.read more...
American Mortgage files Chapter 11, state moves to help stranded mortgage borrowers (BizJournals) The state has issued an emergency "cease and desist" order on Aug. 2 for all mortgage lenders in the state doing business under the umbrella of American Home Mortgage Investment
Public mortgage firm to root out speculators The Korea Housing Finance Corp. is preparing to begin an extensive investigation of clients who are suspected of using state-backed mortgage loans to speculate in the local real estate market.via