In New Orleans, Housing Sales Are Bright Spot
NEW ORLEANS, Dec. 31 – A surprisingly healthy real estate market in the New Orleans metropolitan area is proving to be one bright spot in an otherwise stagnant local economy.
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Annaly Capital 10-K: Good Mortgage Good REIT Primer (SeekingAlpha via Yahoo! Finance) Bill Allen submits: As a companion to my previous discussion of the mortgage market, investors may want to take a look at the recently issued 10-K for Annaly Capital
Leumi Mortgage to issue NIS 3b in bonds (Haaretz Daily) In the first move of its kind in Israel, Leumi Mortgage Bank plans to raise NIS 3 billion in bonds backed by its mortgage payment cash flow. An initial NIS
Mulberry High Looking for Courts read more...
Survey reveals importance of real estate agents and the Internet in the home buying process (Reg Req'd) Prospective homebuyers continue to rely on real estate agents for information during the process of searching for a home even as more people search for homes online, according to a
Mortgage rates up on durables report (UPI) Freddie Mac, the government-backed mortgage lender, reported mortgage rates mostly rose this week on news of increased durable goods orders.read more...
Sky Financial to acquire Indiana mortgage company (Pittsburgh Business Times) Sky Financial Group Inc. said it will acquire Union Federal Bank of Indianapolis and its parent company Waterfield Mortgage Company Inc.read more...