Bank's mortgage experiment shakes up SF apartment buyers (SanLuisObispo.com) SAN FRANCISCO - People desperate enough to own a home in this hyperactive real estate market have long resorted to a risky exercise in group dynamics: Sharing a multimillion-dollar mortgage
Alternate credit scores could spur buying The slumping housing market could get a $200-billion boost from new immigrant home buyers if mainstream lenders start using alternative methods to score credit, a national group of Hispanic real
Home-Loan Subsidies Aid Rich, Study Says Policies have fueled the U.S. residential market, driven up housing supply and increased rental prices, according to the report.read more...
FBI cites escalating mortgage fraud problem (Reuters via Yahoo! News) Mortgage fraud is an escalating problem in the United States, the FBI said on Tuesday in a report that cited the subprime lending crisis as a key contributing factor.read
Make a nice room sparkle with better lampshades By now, if you have more than a passing interest in home-makeover shows and decor magazines, you know something about how color can change a room, how a few great
DBRS expands U.S. financial institutions group Dominion Bond Rating Service today announced the appointment of Steven Picarillo as senior vice president in its U.S. Financial Institutions Group.read more...
In an era when million-dollar homes are no longer exceptional the number of properties that sell for less than $1,000 is growing, in part because of increasing foreclosures on subprime loans. But such sales tend to occur in places like Detroit and Pittsburgh, where dying industry has left behind what once was middle-class housing in neighborhoods now known for crime and bad schools.
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