3 types of homes investors should avoid
Potential for resale profits can be severely limited There are three types of real estate investment opportunities that should be avoided if profits are your main goal.
read more…
HOUSTON MORTGAGE MONITOR (Houston Chronicle) The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent
Skimmers Picking Up Human, Suntan Oils read more...
In U.S., the rich get richer while the poor tread water Incomes are growing smartly for the first time in years, spurring unexpectedly robust spending by consumers.read more...
Wells Fargo Profits From New Law Wells Fargo & Co.'s fourth-quarter profit rose 8 percent as the nation's fifth largest bank adjusted to slacker demand for home mortgages and a recent change in federal bankruptcy law
Bank of America boss rolls the dice on Countrywide deal Troubled mortgage lender Countrywide Financial will be ... (Tacoma News Tribune) CHARLOTTE, N.C. ? In a career defined by blockbuster deals, Bank of America Chief Executive Ken Lewis took his biggest gamble yet Friday with an attempt to rescue the country?s
'Piggyback' Loans Allowed by Freddie Fed Mortgage Risks (Washington Post) For a glimpse of the risks that infected the mortgage business in recent years, consider a small slice of what happened at Freddie Mac, the giant home-loan investor chartered by