Correction: Borrowing Trouble (New York Times) An article last Sunday about a class-action lawsuit over mortgage lending practices referred incorrectly to the loan-to-value ratio that is considered prudent for mortgages. It is a maximum of 80
Nation's Strongest Economic and Banking Conditions Remain... Press Releases Nation's Strongest Economic and Banking Conditions Remain Concentrated in Coastal Regions FDIC analysts review banking and economic conditions across the nation, including initial assessment of ...read more...
Some irked by museum expansion bid process The Anchorage Museum of History and Art expansion committee is reviewing bids for a general contractor to build its new addition.via
Home-Loan Report Portends More Mortgage Pain An analysis of U.S. home-loan data suggests more misery for subprime borrowers, lenders and investors, as existing mortgages are pressured by falling housing prices and lenders put tougher underwriting standards
Real estate sector to see growth, as far as market analysts can tell In early October, Sinyi Real Estate Inc. released a report predicting that Taiwan's residential property boom would continue.read more...
Wall Street Trader Paulson Made Billions on Subprime John Paulson made a spectacularly successful bet against the housing market at the right time and reaped what's believed to be the largest one-year payday in Wall Street history.
US mortgage applications climbed last week, the third increase in a row, hitting their highest level since April as more homeowners refinanced following a recent cut in borrowing costs.
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