Home Lenders Shake Off Katrina
Countrywide Financial , one of country’s largest mortgage lenders, said it expects its losses from Hurricane Katrina to total more than $70 million.
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CBOE Futures Exchange to Offer Real Estate Index Based on NAR's Existing-Home Sales Data Brought to you by CBOE FUTURES EXCHANGE TO OFFER REAL ESTATE INDEX BASED ON NAR'S EXISTING-HOME SALES DATA CHICAGO AND BOCA RATON, Fla.read more...
'Piggyback' Loans Allowed by Freddie Fed Mortgage Risks (Washington Post) For a glimpse of the risks that infected the mortgage business in recent years, consider a small slice of what happened at Freddie Mac, the giant home-loan investor chartered by
Mortgage payoff on steroids (Los Angeles Times) W hen Stockton resident Kevin Byrd refinanced his mortgage a couple of years ago, he figured he'd need the full 30 years to pay off more than $300,000 in debt.
Reward for buying home: flight to Hawaii (Reg Req'd) Silicon Valley housing prices have punctured the stratosphere. Now a Web-based promotion can put people who buy, sell or refinance their home aloft as well with mega-airline miles.via
Renters find it harder to find homes People in Powell River looking for residential rental properties have to look harder because of a dwindling supply.read more...
Private hangars going in at Craig A group of private plane owners should begin work next month on a set of airplane hangars at Craig Municipal Airport.via