Take it to the Banks
The National Association of Realtors reports that sales of existing homes reached a record in April—at an annual rate of 7.18 million sales.
via
July Mortgage Activity Drops 37 Percent (The Memphis Daily News) The federal housing bill recently signed into law might bring relief to the beleaguered mortgage industry, but it likely won?t bring results for a few....read more...
US private equity giant says mortgage losses may hit 290 mln dlrs (AFP via Yahoo! News) KKR Financial Holdings, an affiliate of US private equity giant Kohlberg Kravis Roberts and Co., said Wednesday it would lose 40 million dollars from the sale of a mortgage
FSA says firms need to improve mortgage advice processes (UK Financial Services Authority) The Financial Services Authority (FSA) today called on firms giving mortgage advice to improve their processes after new findings showed that only one third of the firms it sampled had
Housing boom peaks, cooling off The housing boom has peaked, the National Association of Realtors said yesterday.read more...
March 26, 2007 - Lowe's Scholarship Fund Continues to Build Careers At last month's International Builders' Show in Orlando, Lowe's Home Improvement brought Home Builders Institute Job Corps students to the center stage of its exhibit floor to recognize the achievements
Booming housing market cools amid slowing economy The recent red-hot housing market is cooling amid slowing economic growth and lower consumer spending as fewer people hop onto the property ladder.via