Home sales dip 7% (Reg Req’d)
The traditionally hot spring housing market is off to a slow start. North Texas real estate agents sold 6,814 pre-owned single-family homes in April, a decline of 7 percent from a year ago.
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After a late 1Q burst, ABS market plunks down $4 billion After a late 1Q burst, ABS market plunks down $4 billion Donna Mitchell, Asset Securitization Report--SourceMedia After rushing to complete deals in time for the first quarter, issuers and arrangers
Banking Department orders mortgage company to stop doing business (Lincoln Journal Star) The state banking department has ordered Performance Lending Group, a mortgage brokering company based in Omaha, to stop doing business because it failed to follow state licensing law.read more...
City approves tearing down apartments for retail complex NE Dallas:... Over the objections of apartment residents and Mayor Laura Miller, the Dallas City Council on Wednesday approved developer Trammell Crow's controversial plan to tear down nearly 1,000 aging northeast Dallas
Mortgage application volume hits 2008 low (Washington Post) NEW YORK -- Mortgage application volume tumbled 14.1 percent during the week ending July 25, hitting its lowest level of the year, according to the Mortgage Bankers Association's weekly application
Your Money: First Time Home Buyer Help Ask anybody trying to sell a home right now - it is a buyer's market. Buyers are naming their price and sellers are willing to deal.read more...
Dow Closes Up 48, Nasdaq Finishes Down 5 A late-day rebound left stocks modestly higher Monday as oil and gold prices tumbled and mild economic data lifted bonds from their recent lows.read more...