Commercial Mortgage-Bond Delinquencies Up (AP via Yahoo! News)
Commercial mortgage-backed securities delinquencies are rising in the wake of hurricanes Katrina and Rita, after declining for most of the past year.
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Affordable home buyers feel crimp With desirable, affordable homes increasingly hard to come by, Pinellas officials are worried that jobs and residents may go elsewhere.via
Keep Your Energy Dollars From Going Up in Smoke You know it's coming. This winter's heating bills are going to be stupendous, whether you burn oil, natural gas or kilowatts. If you're going to do anything to minimize those
Sector Snap: Mortgage Lenders (AP via Yahoo! Finance) Shares of mortgage companies retreated Monday as the industry continued struggling with declining origination volume and rising delinquencies and defaults.read more...
Drop In Sales Pressures Prices Home sales posted an unexpectedly sharp drop last month to the lowest level since January 2004, and home prices fell in all regions of the country but the South, the
Man pleads guilty to fraud in candidate's alleged mortgage scheme (Kansas City Star) KANSAS CITY, Kan. - A Leawood man pleaded guilty Friday to helping a former congressional candidate fraudulently obtain a mortgage.read more...
Dow Dips To Two-Year Low; Oil Hits New Record The Dow Jones industrial average fell below 11,000 for first time in two years on Friday as investors focused on troubles at government-sponsored mortgage financiers Fannie Mae and Freddie Mac.read