N.Y. Community Bancorp 1Q Profit Slides New York Community Bancorp Inc. on Wednesday said its first-quarter profit fell 30 percent but still managed to beat Wall Street expectations as loan business improved during the period.via
Mortgage rates rise, but remain a bargain Rising interest rates are supposed to be an economic sedative, but the hyperactive real estate market has retained its vigor even as the prime lending rate has climbed to a
Builders to Sellers: We'll Buy Your House If You Buy One of Ours DETROIT - Gerald and Arlene Zemke could see themselves enjoying the walking trails, tennis courts and swimming pool in Pulte Homes' Bridgewater development in Brownstown Township, Mich.
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Special report: Housing bond doesn't deliver (Reg Req'd) Affordable units are falling short of claims made in 2002 campaign. By John Hill -- Bee Capitol Bureau Published 2:15 am PDT Sunday, July 24, 2005 Three years ago, California
Equity Is Altering Spending Habits and View of Debt (Los Angeles Times via Yahoo! News) As they happily watch their houses swell in value, Americans are changing their attitudes toward mortgage debt. Increasingly, a home is no longer a nest egg whose equity should
Strickland offers plan for foreclosure crisis Ohio Gov. Ted Strickland has proposed a compact between the state and subprime mortgage lenders aimed at cutting down on the flood of foreclosure filings racking the state. via
Q: DEAR BOB: My mother died in 1988 and dad passed away this year. The house was, and still is, in my late mother’s name. All dad did after mom’s passing was continue to pay the property taxes on the house. A couple of children belong to dad only from a prior marriage.
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