Construction is latest victim of high gas prices
Gasoline went up another four cents a gallon yesterday. Fuel prices are beginning to affect contractors in mid-Missouri. As the price of gas goes up, so does the price of a new home.
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Housing market 'heads for revival' The housing market is heading for a modest autumn revival as fears that prices will fall substantially recede.read more...
Mortgage lenders' distress gets a little bit deeper The mortgage industry plunged deeper into distress this week as two lenders said sagging home prices and higher interest rates are pushing many borrowers into delinquency.Commentread more...
UPDATE 1-GMAC plans German home loan euro bond -source GMAC, the finance arm of U.S. car giant General Motors , plans to sell a euro-denominated home loan bond, a source close to the deal said on Monday, just days
Men plead guilty to mortgage fraud (Helena Independent Record) Two men pleaded guilty in federal court in Helena Friday to scheming to defraud mortgage companies and wire fraud involving about $686,000.read more...
Capstead Mortgage Corporation Announces Private Placement of $35 Million of Trust Preferred Securities (Business Wire via Yahoo! Finance) Capstead Mortgage Corporation announced today that it has issued and sold in a private placement $35 million of trust preferred securities through a newly formed trust, Capstead Mortgage Trust
HUD event aims to keep American dream alive (Reg Req'd) More than 1,000 men and women from all over the metro area arrived Saturday by bus, car and borrowed ride to spend a day in pursuit of a common personal