Sheriff aides restricted on realty-sale benefits (Reg Req’d)
Sheriff’s office employees involved in the sheriff’s monthly real-estate auctions are forbidden to directly buy property under a new policy that goes into effect Jan.
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Prudent buyers irate at mortgage bailout (Provo Daily Herald) When Casey Johnson and his wife moved to San Diego three years ago, they couldn't find a home in their price range. So they did what they thought was the
Moody's To Review Australian Mortgage-Backed Securities (Forbes) Although residential markets Down Under remain healthy, ratings agency is concerned about effect of ongoing U.S. subprime crisis on PMI Group, which is active in Aussie mortgage insurance.read more...
Making the best of a cooling housing market David Berson, chief economist for mortgage giant Fannie Mae, put it this way: One of the few immutable laws of economics is that 'unsustainable trends eventually come to an end.'
Fannie Meets Required Surplus Mortgage giant Fannie Mae has met the government-imposed requirement to boost its reserve cushion against risk to 30 percent surplus capital, federal regulators said Tuesday.read more...
How an Influx of New Homes Could Affect One Family's Life Call it an unsettling development. A plan for building luxury town houses in a sleepy suburb has a local resident concerned about home prices.read more...
Tortuous Short Sales: Cheaper Purchases That Aren't Always Worth It Everyone talks about finding alternatives to foreclosure. What people don't talk about is how difficult they can be to pull off. read more...