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Healthy Housing Market Lifted the Economy in July  Record oil prices are beginning to slow the economy, according to several reports released yesterday, but expansion continued in July because of the housing market and demand from businesses and


Address cause of mortgage mess (Daily Press)  H ow timely that just as President Bush was announcing a deal to help homeowners struggling with their mortgage payments, new data were released showing that foreclosure starts set a


Mortgage mess fallout: foreclosure rescue scams (CNNMoney.com via Yahoo! Finance)   Jennifer Falke and her family had been in their Columbus, Ohio home for nearly 12 years when they hit a rough patch in 2006. Falke was out of work


Mortgage Applications Fall to 3.5-Year Low (Fox News)  U.S. mortgage applications slid to a more than 3-1/2-year low last week amid a sharp drop in refinancing demand even as interest rates held steady, the Mortgage Bankers Association said


How to Increase the Resale Value of Your Home  In 2005, more than 60 million homes were bought and sold in the United States. In this highly competitive housing market, people are searching for ways to make their homes


Picking the Right Mover Should Be First on Your List   Despite the slow real estate market, millions of people are hiring movers, packing boxes, loading up the truck and getting on with their lives. read more...

May 31st, 2006

First BanCorp recovers $2.4B from Doral

Puerto Rican banking company First BanCorp said Wednesday it recovered $2.4 billion of its $2.9 billion in loans to mortgage lender Doral Financial Corp.

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