Mortgage strife for two million young homeowners (Reuters.co.uk) LONDON (Reuters) - More than two million young property owners have conceded they will struggle to meet their mortgage repayments amid rising interest rates.read more...
Facing foreclosure Unless a buyer is found, foreclosure is imminent on four Allied Drive properties owned by Friends Community Housing, the nonprofit group's treasurer said Tuesday.read more...
Home Improvement Realities In the past week, I've learned how to lay down flooring tiles, expand the size of my kitchen height by using a variety of knobs and pulls on cabinet doors
Even Lewis Ranieri, a mortgage securities expert, couldn't escape losses (Wisconsin State Journal) Lewis Ranieri is credited with inventing mortgage-backed securities two decades ago, and recently he sounded warnings about mortgage risks. Yet he couldn't save his own company from getting tangled in
Playing the Housing Slump Time to Make Your Move? The real-estate downturn could spell opportunity for this year's buyers. Our columnist offers a few ways to profit from the battered market.
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California Coastline Defies Housing Slump Eye-popping sales are spreading along a 40-mile stretch of southern Santa Barbara County as the state's gold coast remains undeterred by the national real-estate slowdown.
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NEW YORK——April 4, 2006—Fitch Ratings has upgraded, and removed from Rating Watch Positive, GMAC Commercial Mortgage Securities, Inc.’s commercial mortgage pass-through certificates, series 1997-C2, as follows: $69.7 million class C to ‘AAA’ from ‘AA+’; $32.1 million class D to ‘AAA’ from to ‘A’.
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