Fabulous on the Fundamentals
When Ray Davis moved west from Atlanta in 1994 to run a tiny $130 million-asset bank in Oregon’s lumber country, some thought him nuts.
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Persimmon warns UK mortgage market is toughest in 30 years (Daily Telegraph) Britons are facing the toughest mortgage market since the late 1970s, Persimmon, the country's largest housebuilder warned today.read more...
Even Greenspan Is Puzzled by Low Mortgage Rates Low mortgage rates have lifted the nation's long housing boom to a new level, creating jobs and wealth but also worries that some local markets have turned into bubbles.via
HBOS hit as mortgage margins fall (Reuters via Yahoo! News) Britain's biggest mortgage lender, HBOS Plc, posted a 3 percent rise in annual profit, just short of analysts' expectations, as margins in its core retail business were hit, sending
Mortgage lending rise strongest in 3 years (Reuters via Yahoo! UK & Ireland Finance) Mortgage lending rose by its biggest amount in more than three years in November, official data showed on Thursday, and there are signs that the housing market will remain strong
7 sentenced in Mississippi mortgage flipping case (FOX 10 Mobile) HATTIESBURG, Miss. Seven people, including the man who prosecutors have called the alleged ringleader of a mortgage fraud scheme, have been sentenced by a federal...read more...
Flood Victims Still Seeking Help It was July of 2003 when the Saint Mary river broke its bank and destroyed more than 50 homes in Decatur, and some of those residents still haven't seen any