NovaStar Auditor Raises Doubt About Mortgage Lender's Survival (Bloomberg.com) Sept. 4 (Bloomberg) -- NovaStar Financial Inc. canceled a rights offering designed to raise cash for the subprime mortgage lender and said its auditor expressed doubt about the company's survival.read
Mortgage industry, mayors warn of foreclosure risks (The Tennessean) DETROIT ? A mortgage industry group agreed Tuesday to help the nation's mayors raise public awareness about ways to avoid falling into foreclosure as part of an effort to address
Stocks stabilize amid mortgage concerns (AP via Yahoo! News) Wall Street managed to stabilize itself Monday, although investors remained nervous about nagging mortgage default concerns and tumbling stock markets abroad.read more...
BlackRock sponsoring new mortgage firm (AP via Yahoo! News) The former president and chief operating officer of Countrywide Financial Corp. will run a new mortgage company unveiled Monday to acquire and restructure distressed mortgages.read more...
Federal Mortgage Reform Unlikely in 2007 (Bay News 9 Tampa Bay) By ALAN ZIBEL WASHINGTON (AP) -- Homeowners unable to pay monthly mortgage bills and facing foreclosure shouldn't count on help from Washington this year.read more...
New buyer springs up for former HMT building In late June, managers of Harvey & Price, a Glenwood mechanical contractor, were meeting for the first time at their newly purchased building in west Eugene when the owner, Edward
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