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Bank's mortgage triple whammy (BBC News)  Bank of Scotland admits the October mortgage payment was taken from some customers three times in three days.read more...


Stocks dogged by recession fears  "More Nikkei losses are likely to push the dollar/yen lower." Stocks in Asia resumed their decline on Monday, led by banks like Japan's Mizuho, while the dollar hovered near


Real estate notebook: One-stop-shop for buying, selling  Buying or selling your home? You're most likely looking for a real estate company to thoroughly meet your home buying or selling needs.read more...


CapitalSource Purchases Nearly $2B of Mortgage Securities (GlobeSt.com)  CHEVY CHASE, MD-As part of its plan to elect REIT status, CapitalSource Inc. has plans to acquire an estimated $1.6 billion in agency mortgage pass-through certificates on the heels of


Pending Home Sales Rise in June  "It is too early to say if home sales have already passed bottom" Pending sales of existing homes rose by 5 percent in June compared with the previous month,


Beverley won't pay €600k in penalties  "We haven't discussed our defamation insurance publicly for obvious reasons. If people thought we had a certain level of cover, it could see awards against us spiral out of control

July 31st, 2005

Greenspan View on Housing Boom Seen as Hazardous by Wall Street Economists

Federal Reserve Chairman Alan Greenspan isn’t worried about the hot U.S. housing market so he isn’t cooling it off by raising interest rates faster.

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