Where ?Mortgage? Isn?t a Scary Word (NYTimes.com via Yahoo! Finance) A confluence of economic circumstances is blamed for the dismal performance of mortgage REITs, but a handful of them is thriving as the economy falters.read more...
Real Estate Bubble --That's Crazy Talk; 2006 to Remain A Sellers' Market, Experts Say read more...
Buyers Discover What It Takes To Sell as Inventories Mount As the number of residential properties on the market swells and prices in some locations fall, homeowners discover that homes in better locations or with sought-after amenities are selling the
Getting easy money for 'nonconforming' mortgage loans not so easy anymore (Asheville Citizen-Times) The world of mortgage finance is in total turmoil. From late 2006 to the present, at least 129 U.S. lenders have sought bankruptcy protection or ceased operations. There is even
UBS exposed to New Century subprime loans Swiss bank UBS said it had exposure to troubled United States subprime lender New Century Financial, becoming the latest European bank to become embroiled in the U.S. mortgage market.Commentread more...
Ask Dr. Don: Using a piggyback mortgage Ask Dr. Don by Don Taylor, Ph.D., CFA * Bankrate.com Dear Dr. Don, My husband and I are currently buying our first home.read more...
LONDON (MarketWatch)—Citigroup on Monday agreed to buy ABN Amro’s Mortgage Group for an estimated $3 billion, a deal that will give the world’s largest bank another 1.5 million customers.
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