New Orleans Home Builders President says home costs increased 10 percent since 'Katrina' Toni Wendel, president of Olde World Builders and Remodelers, became president of the Home Builders Association of Greater New Orleans in November 2005.read more...
Human resources (Reg Req'd) Colonial BancGroup Inc. has promoted Patti G. Hill to senior executive vice president-chief operating officer.read more...
Existing home sales slip in November Existing home sales slip in November Sales of previously owned homes fell by 1.7 percent in November, fresh evidence that the high-flying housing market is losing altitude.read more...
US mortgage lender slashes jobs (BBC News) Countrywide, the biggest US mortgage lender, will cut up to 20% of its staff, as business slumps.read more...
Mortgage fraud flourishes in down markets As long as the market stays in the doldrums mortgage fraud will continue to thrive, financially damaging not only buyers, sellers and lenders, but even neighbors.read more...
Mortgage rates ease in latest week: Freddie Mac (Market Watch) CHICAGO (MarketWatch) - Average long-term mortgage rates dipped for a second week, the latest survey from Freddie Mac showed Thursday.read more...
Mortgage giant Freddie Mac will report its weekly survey of mortgage rates Thursday as investors continue to monitor the beleaguered housing sector.
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