Appraisers say WaMu cut corners to increase its mortgage business (Seattle Times) Washington Mutual's mortgage woes come as no surprise to Graham Albertini, a real-estate appraiser who worked at WaMu's Bellevue office...read more...
Designer makes reality show MANKATO FREE PRESS When Matt Lorenz was in kindergarten he decided his teacher did a pretty lousy job of decorating the classroom Christmas tree, so he got his mom to
Bank is Split as it Gets Stormy READERS with long memories may recall Goodhart's law, devised by former Bank of England chief adviser and monetary policy committee member Charles Goodhart.read more...
Why Lenders Are Leery of Short Sales Lenders have been slow to take advantage of a longstanding alternative to foreclosure -- a so-called short sale. At first glance, a short sale might seem like a win-win for
Business & Finance Another creditor , a retailer , lost one of her payments and temporarily dinged her credit report.read more...
Builders stock rises on outlook (Reg Req'd) NEW YORK - Home-building stocks gained Wednesday after investors appeared to respond to an analyst housing report and the latest housing start figures.via
Mortgage finance giant Freddie Mac, emerging from an accounting scandal, said Thursday it expects to report third-quarter earnings of around $600 million that reflect substantial losses from the Gulf Coast …
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