New York Mortgage Trust Down on 4Q Loss (AP via Yahoo! Finance)
Real estate investment trust New York Mortgage Trust Inc. shares dropped to an all-time low Friday after fourth-quarter earnings came in below analysts’ expectations.
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30-Year Mortgage Rates Rise for 5th Week (Minneapolis-St. Paul Star Tribune) WASHINGTON (AP) - Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. Mortgage giant
Countrywide's Mozilo to give up severance benefits "I believe this decision is the right thing to do as Countrywide works toward the successful completion of the merger with Bank of America" Countrywide Financial Corp. CEO Angelo
Couple open home, new life for 31 kin (Reg Req'd) Long before the storm swallowed her pocket of Louisiana, they called her the Angel of St.read more...
`IT IS NOT ENOUGH TO SIMPLY CREATE HOME OWNERSHIP': Call for mortgage reform (The Charlotte Observer) Senate Banking Committee Chairman Christopher Dodd said Wednesday that "predatory" and "abusive" mortgage lending is putting borrowers at risk of losing their homes, and the resulting rise in foreclosures is
Stay alert for potential contractor scams Finding the right contractor for a home-improvement project can be one of the biggest decisions a homeowner makes. via Home News Tribune read more...
Sell The Lifestyle Of Luxury Homes Imagine listing a 40,000 square foot home which has, as just a sample of its amenities, -- five swimming pools, an eight-limousine garage, and a mosaic floor made of 24-karat