Existing Home Sales Drop for 4th Month "Housing is contracting at an accelerating pace, taking out with a vengeance the brief stabilization at the turn of the year" Sales of existing homes fell for a fourth
Lehman Reduced Mortgage Assets 20% in Second Quarter (Update1) (Bloomberg.com) June 16 (Bloomberg) -- Lehman Brothers Holdings Inc. , the fourth-largest U.S. securities firm, unloaded real-estate assets in the second quarter, shrinking its mortgage holdings 20 percent to curb further
Ahead of the Bell: Thornburg Mortgage (AP via Yahoo! Finance) A Bear Stearns analyst cut his estimate for Thornburg Mortgage Inc. but said the home lender appears well-positioned to survive problems in the industry.read more...
Two Tribes, Two Housing Policies The Muscogee Nation took over its state-run housing authority last month after the passage of a state law that gave all the agency's assets and liabilities to the tribe.read more...
Rowlandin stateto testify Federal prosecutors made good on their vow to continue investigating political corruption in Connecticut by pulling former Gov.read more...
Area housing cooled in '05 (Reg Req'd) All signs point to a cooler year for the Twin Cities housing market. Both building permits and home sales dropped last year, according to two key year-end reports issued Wednesday.read
Whether it’s from a job loss, medical emergency mortgage-payment hike or simply personal-finance mismanagement, a small but growing number of homeowners are falling into foreclosure every year.
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