David Hendricks: Reverse mortgage option finally reaches Texans (San Antonio Express News)
Reverse mortgage lines of credit are hitting the streets this week in Texas.
read more…
Bush's tax-simplification plan pushed back (Reg Req'd) A White House commission that's supposed to recommend ways to make income taxes fairer and simpler has been given another extension to finish its work.read more...
Wilbur Ross Sees Mortgage Market Rising in Subprime Debt's Wake (Bloomberg.com) Oct. 15 (Bloomberg) -- Wilbur Ross, the billionaire who specializes in resurrecting failed companies, is betting the U.S. mortgage market will rise from the dead.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Home Prices Are Falling Faster, Case-Shiller Says Prices in major cities are falling at the quickest pace in 16 years, Standard & Poor's says. Plus, listen to an interview with economist Robert Shiller. read more...
Accredited, New Century Lead Slide in Mortgage Shares (Update4) (Bloomberg.com) March 13 (Bloomberg) -- Accredited Home Lenders Holding Co. shares lost more than half their value and New Century Financial Corp. was delisted from the New York Stock Exchange after
Bad day for markets - and more in store? Tuesday's stock market plunge shows the start of a "correction," the age-old euphemism for a steep drop in stock prices, but it also might signal worse news than that.Commentread more...