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H&R Block to Sell Option One Mortgage to Cerberus (Update2) (Bloomberg.com)  April 20 (Bloomberg) -- H&R Block Inc., the largest U.S. tax preparer, agreed to sell its money-losing subprime mortgage unit to Cerberus Capital Management LP for about 40 percent less


Meticulous '04 slaying unsolved  Police seek help after killer of Aurora man destroyed evidence Knives and a key to Al Kite's home were soaking in bleach in the kitchen sink when police came looking


Indiana, Ohio and Michigan lead U.S. in foreclosures  As house price appreciation has tapered off and mortgage rates have risen, foreclosures have started to pick up, with the parts of the Midwest hit hardest.read more...


Transnet sells mortgage book (News 24 South Africa)  State transport firm Transnet has sold its mortgage loan book to FirstRand for R1.4bn, the two companies say.read more...


Fed can slow rate hikes -OECD  The OECD advised the U.S. Federal Reserve The Organization for Economic Co-operation and Development, however, stuck to its forecast of 3.6 percent U.S. growth this year, saying it was impossible


For Sale: Junky Neighbors  "Being a good neighbor to me is more important than what they have in their yard...it would not deter me from purchasing the place." Debra Teel knows how to

July 14th, 2006

Real Estate Weekly — July 14

If you look at a map showing hot and cold housing markets, it looks a lot like a weather map in winter—much of the Heartland of the country is frigid blue while most of the East and West coasts is a toasty …

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