Delegates at WEF warn of financial crisis "As we look out into 2008, I think there will continue to be downward pressure on home prices, that will continue to put downward pressure on all mortgage-related securities"
SEC probes KB Home stock-option practices (Reg Req'd) Home builder announces three shareholder lawsuits The U.S. Securities and Exchange Commission has launched an inquiry into KB Home's stock-option grants, the home building company announced.read more...
Bill would make mortgage fraud a felony (The Arizona Republic) A day after the Republic's special investigation into the cash-back mortgage scheme, Sen. Jay Tibshraeny of Chandler introduced today a bill he's had in the works. The legislation would make
Cash is the keyword for Google as founders search for more expansion THEIR shares are red-hot, having trebled from $85 since floating a year ago. Sergey Brin and Larry Page became billionaires overnight when floating Google, the company they founded.read more...
Mortgage broker to face court (Moneymanager) The corporate watchdog takes a stand on misleading advice to borrowers. A mortgage broker investigated by Money two year ago is being taken to court by the corporate watchdog to
Owners of a Costly Custom Home Mull Whether to Refinance or Sell With the costs of their two mortgages eating up 40% of their combined incomes, a Georgia couple wonders whether to remain in the house or move. June Fletcher details their
The idea of a homestead is on the chopping block. “It’s rare to find someone who’s been in a house for 30 years,” said Lenn Harley, real estate broker for Homefinders, a homebuyer’s brokerage company licensed …
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