Local homebuyers choosing risky loans Last year, 58 percent of Bakersfield homebuyers took out adjustable-rate mortgages, a risky path to ownership that has industry observers worried.read more...
Home-Ownership Boom Fuels Risky Loans Buying one's own home has long been the American dream, and first-time homebuyer Emily Duffy describes the feeling.via
Washington Mutual says profits rose 22 percent Washington Mutual Inc., the nation's largest savings and loan, said Wednesday that its net income rose 22 percent in the fourth quarter as profits from the sale of its advisory
Fed raises rates, keeps measured vow The Federal Reserve But a rare twist on a carefully choreographed release whipsawed financial markets.via
Housing Bill Close to Becoming Law A sprawling bill that reaches deep into the U.S. housing industry is close to becoming law. The bill, which began seven months ago as a modest attempt to help struggling
Silver State Mortgage Awards DynTek Voice-over-IP Contract (SYS-CON Media) DynTek, Inc. (BULLETIN BOARD: DYTK) , a leading provider of professional technology services, announced today that Silver State Mortgage, based in Las Vegas, Nevada, has awarded the company a significant
“It is extremely irresponsible of her,” Mr. Doherty said. Mrs. Evans at Thursday’s City Council meeting attacked the mayor for having Rolls Royce tastes when the city can only afford a Chevrolet.
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