Housing hunters
It’s been an incredible ride. For the last five years, the central San Joaquin Valley real-estate market has been on fire.
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U.S. MBA's Mortgage Applications Index Dropped 11% Last Week (Bloomberg.com) Sept. 24 (Bloomberg) -- Mortgage applications in the U.S. fell last week as higher borrowing costs and tougher lending rules hurt purchases and refinancing.read more...
Attorney General sues mortgage companies (The Naperville Sun) Attorney General Lisa Madigan filed three lawsuits Friday against mortgage rescue companies for allegedly violating the Illinois Mortgage Rescue Fraud Act, which she initiated in 2006, and the Consumer Fraud
S Korean Household Credit Risk to Rise in Q1: Central Bank SEOUL, Jan 11 Asia Pulse - The credit risk for South Korean households is likely to rise in the first quarter of 2006 as banks expect households' potential debt repayments
Honeywell Apartments latest addition to West Farms housing boom Borough President Adolfo Carrion, Jr., joins tenants, elected officials and leaders from Phipps Houses to officially open the 79-unit Honeywell Apartments.read more...
Leading US mortgage firm files for bankruptcy protection (AFP via Yahoo! News) American Home Mortgage Investment Corp., a leading US mortgage company struggling with a persistent slump in the housing market, said Monday it has sought bankruptcy protection.read more...
Thornburg Mortgage Says Its Survival Is in Doubt (New York Times) Thornburg, the second-largest independent mortgage lender in the United States, said that it was unable to meet $610 million of margin calls.read more...