What a Week: Loose Lips
The markets were listless this week, as traders were eager to grab onto anything that smacked of a theme.
Comment
read more…
California housing market set new price records in June (Reg Req'd) LOS ANGELES - In the 1980s, 1,000-square-foot houses in the fashionable city of West Hollywood were selling for $300,000, recalls real estate broker Rory Barish.read more...
Mortgage Lenders Work on Foreclosure Amnesty Deal (FOX 5 Washington D.C.) A big win for some Maryland homeowners struggling to hang on to their homes. A new plan between six of the state's largest mortgage services will grant some amnesty. FOX
Merrill Lynch to Take $15 Billion Mortgage Writedown, NYT Says (Bloomberg.com) Jan. 11 (Bloomberg) -- Merrill Lynch & Co., the third- largest U.S. securities firm, may take a $15 billion writedown related to mortgage investments, almost twice its original estimate, the
Mass. Homeowners could get restitution from Ameriquest Mortgage in nationwide settlement (Sentinel & Enterprise) BOSTON -- When Tom and Diane Catyb of Tewksbury were looking to refinance their mortgage, they checked out several different lenders before settling on Ameriquest Mortgage, the nation's largest lender
SWALCO Launches Residential Construction Recycling Initiative SWALCO Launches Residential Construction Recycling Initiative GURNEE, IL ----- As part of the agency's 50% county-wide recycling goal, the Solid Waste Agency of Lake County, IL has initiated a new
Two found guilty in mortgage scam (New York Daily News) Two ringleaders of a multimillion-dollar mortgage scam are facing up to 30 years in prison and heavy fines and restitution after pleading guilty to bilking banks and fleecing foreclosure victims