Hurricane Evacuee Frustrations
By Ken Amaro First Coast News FERNANDINA BEACH, FL—From Nassau County, Ronnie Riolo sits at a laptop computer and can see his water-soaked neighborhood.
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Centex to take $1B in charges as slump worsens 8:58 Am CT "These adjustments reflect the market's further deterioration over the quarter and the significant effects of the mortgage- market disruptions." Centex Corp., the fourth-largest U.S. homebuilder, said the deteriorating housing
Housing bubble makes it tough for some to buy homes The housing boom that has spread across America over the past two years has truly been remarkable, as most homeowners will attest.read more...
U.S. mortgage, housing markets seen caught in 'vicious cycle' (Market Watch) BOSTON (MarketWatch) -- Problems in the nation's mortgage and housing markets are feeding off each other and creating a "vicious cycle," analysts at Stifel Nicolaus & Co. said Monday.
Mortgage fears drive up rates on jumbo loans (The Arizona Republic) Turmoil in the U.S. home-mortgage market is starting to pinch even buyers of high-end homes with good credit records, in the latest sign of rising anxiety among lenders and investors.read
GOP Takes Hostile Tone in Talks on Aid for Mortgage Giants (Washington Post) Treasury Secretary Henry M. Paulson Jr. returned to Capitol Hill yesterday to quell a potential rebellion among House Republicans worried that the Bush administration's plan to prop up mortgage finance
NH banking dept., mortgage company reach agreement (Boston Herald) MANCHESTER, N.H. - A mortgage company that does business in New Hampshire, Maine and Massachusetts agreed to pay $425,000 as part of a settlement announced Monday with New...read more...