Argentine Banks, Pressured by Kirchner, to Boost Mortgage Loans (Bloomberg.com) Sept. 15 (Bloomberg) -- Argentine banks, under pressure from President Nestor Kirchner, agreed to offer mortgage loans of as long as 30 years, charging fixed interest below annual inflation rates,
Software Takes Aim at Altered Photos Tracing its roots to a founder's anger at a no-show home remodeling crew, the makers of Shoot & Proof software aim to erase any doubts that digital photos are
American Home Mortgage Shares Plunge After Dividend Delayed (Bloomberg.com) July 30 (Bloomberg) -- American Home Mortgage Investment Corp. shares plunged 44 percent after the lender delayed payment of the quarterly dividend and reported ``major'' writedowns of its loan and
Expert: Mortgage Defaults Won't Key Recession (NPR) Subprime mortgages fed a huge rise in home ownership over the last few years -- and those high levels are likely to fall when many homeowners are unable to make
For Mortgage Seekers, It's Back to the Basics (Washington Post) An abrupt shift back to the basics of mortgage lending has many house hunters nervous because several once-popular types of loans are disappearing.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
A house is still a good investment if you plan on staying a while. Four reasons why now might be the time to make that purchase.
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