September Shatters Record
A record number of Greater Toronto Area homes changed hands in September as the market jumped 11 per cent over September 2004, Toronto Real Estate Board President John Meehan announced today.
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'07 mortgage-backed bonds even shakier (The Philadelphia Inquirer) Subprime-mortgage bonds created in the first half of 2007 contain loans that are going delinquent at the fastest rate ever, Moody's Investors Service said yesterday.read more...
H&R Block's Mortgage Unit to Slash Jobs (AP via Yahoo! Finance) H&R Block Inc. said Thursday its struggling mortgage lending subsidiary, Option One Mortgage Corp., will eliminate 615 positions as it tries to deal with diminished loan business.read more...
Erica and Dave Valley could soon be homeless We have some critical information for renters. There are some things you need to do to avoid renting a home that is in the process of foreclosure.Commentread more...
Housing crisis clips remodeling When Eric Kanemoto wanted to remodel his San Jose home three years ago, he called some contractors.read more...
Get It or Gimmick? ORLANDO Faster. Better. Easier. It's a mantra of the American consumer. With that in mind, many builders at the International Builders' Show in Orlando last week wandered the jammed
Mortgage lenders will respond to to an SOS (Boston Globe) When William Weinbroer of Parma Heights, Ohio, broke his ankle while on vacation, he ended up missing work for four months. The locomotive engineer and his wife, Denise, thought they