Housing Down For The Count?
A flurry of economic reports unleashed in August left the national housing market reeling and on the ropes as it headed into the final round of what is typically the heavy buying season.
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States issue warning on nontraditional mortgages Nineteen states and the District of Columbia have moved quickly to warn state-regulated lenders about the hazards to consumers from nontraditional mortgages.Commentread more...
New Write-Off Benefit Should Be Ready for 2008 read more...
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Freddie Mac, Fannie Mae PACs: Campaign cash cows put out to pasture for this year's election Political action committees affiliated with mortgage giants Freddie Mac and Fannie Mae are now banned from engaging in lobbying activities, including making donations.read more...
Sonnenblick-Eichner Company Arranges $67 Million of First Mortgage Financing for Charleston Place, Charleston, South (SYS-CON Media) Sonnenblick-Eichner Company announced todaythat it has arranged $67,000,000 of first mortgage financing for CharlestonPlace, Charleston, South Carolina at a sub 100 basis point spread overLIBOR.read more...
U.S. Congress Rejects Navy's Winner-Take-All Plan for Building Destroyer U.S. lawmakers refused to let the U.S. Navy stage a competition between Northrop Grumman Corp.via