SoCal real estate sales hit 5-year low (Reg Req'd) SoCal real estate sales hit 5-year low January activity drops 30% in one month Los Angeles home sales fell 11.4 percent in January to 6,761, while the median home price
Banks Hit Borrowers With Stricter Rules About 40% of lenders said in October that they've tightened terms for prime mortgages for people with the best credit records.
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Central Pacific Mortgage buys Ivanhoe Financial (Orlando Business Journal) National mortgage banking firm Central Pacific Mortgage has bought Ivanhoe Financial Inc.'s retail branch offices, wholesale production operation and operations center.read more...
Delinquent Borrowers Get Extra Time, but the Problem Remains Massive Retail sales were up more than expected last month. Is it a sign that the great residential real estate slowdown is almost over?read more...
Conn. House passes mortgage relief bill (AP via Yahoo! Finance) House lawmakers passed a bill to help struggling homeowners caught up in the subprime mortgage mess. The bill passed on a 124-24 vote Monday night. It now moves to
How to Be Fiscally Fit in '08 Forget those New Year's resolutions to lose weight or take up Spanish. In the interest of flexing your financial muscles, we tapped a number of experts for their best recommendations
Kenneth M. Hoagland had heard all the stories about prom-night debauchery at his Long Island high school: Students putting down $10,000 to rent a house in the Hamptons for a weekend bash.
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