New Century Leads Drop in Shares of Mortgage Lenders (Update3) (Bloomberg.com) March 5 (Bloomberg) -- Shares of New Century Financial Corp. suffered their biggest drop ever, leading a decline in subprime mortgage companies and less-risky lenders.read more...
Firefighter's Sweat Equity In Rental May Soon Pay Off A Minnesota resident readies to sell his two-family rental home and hopes to gain more than $36,000 after about four years of ownership. The owner had no trouble attracting tenants
Asset-Backed Insecurities: Containing the Subprime Mortgage Collapse (SeekingAlpha via Yahoo! Finance) Adrian Ash submits: Ben Bernanke told politicians in Washington last week that the collapse of subprime mortgage companies had been "contained". Perhaps Dr. Ben was just thinking of Fremont
Plans of Bush panel could shrink mortgage tax benefits for many (San Diego Union-Tribune) WASHINGTON ? That most sacred of tax breaks, the mortgage interest deduction that has helped millions buy homes, could vanish if President Bush and Congress follow the recommendations of his
Why Mortgage Life Insurance is Not a Good Idea (Hornell Evening Tribune) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Existing home sales drop again Sales across the country of existing homes in May fell for the third time in the past five months, with the weakness led by a big drop in demand in
HONG KONG, Nov 25 (Reuters) – New mortgage loans approved in Hong Kong fell 2.1 percent in October from the previous month, as higher interest rates continued to deter some home buyers.
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