State proposes sweeping mortgage reform (The Morning Call) Jennie Scott is facing higher mortgage payments next month that she can't afford on her $1,000 monthly Social Security income.read more...
Second-Biggest Subprime Lender Halts New Loans as Defaults Rise The move, which was forced by the Irvine, Calif., company's creditors underscores how funding is vanishing for risky products that helped fuel the housing boom.
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The Bubble The black-tie party at Washington's swank Mayflower Hotel seemed a fitting celebra tion of the biggest American housing boom since the 1950s: filet mignon and lobster, a champagne room and
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Big John stands his ground John Lindsey looked calm and relaxed sitting in his office. But there's been lots of stress for him and others at Big John's Building and Home Center owner over the
Swelling grief over U.S. mortgage debt sends stock markets tumbling (The Canadian Press via Yahoo! Canada News) TORONTO - Stocks tumbled Friday morning on more writedowns related to sour U.S. mortgage securities, and traders were further discouraged by data showing the gloomiest American consumer sentiment in two
Existing-home sales are expected to decline 6.7% to 6.6 million in 2006 from 7.08 million last year RISMEDIA, July 12, 2006-Home sales are projected to ease modestly but should stay within a relatively narrow …
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