Moral hazard is part of mortgage mess (Bankrate.com via Yahoo! Finance)
The concept known as “moral hazard” will be important to understand as Congress, regulators and lenders address the aftermath of shaky mortgage lending.
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EC-Pasquotank selling eight old school buses Local school officials are selling eight former school buses, and at least one of them can be had for as little as $1,500. Jerrel Winslow, school transportation director for the
What Bubble Market? No bubbles here... at least not yet. According to the L.A. Times , the median price for a home in Los Angeles County hit $500,000 for the first time in
November home sales up "There are still a lot of other signs pointing to further correction and slumping in the housing market" Sales of existing homes rose slightly in November compared with October,
State targets mortgage fraud Catherine Reagor The Arizona Republic Jan. 23, 2007 12:00 AM A wave of mortgage fraud in the Valley has prompted state legislation that would define it as a crime punishable
Mortgage approvals point to slowing market (Guardian Unlimited) There was further evidence of a slowdown in the housing market today, as mortgage approvals fell to their lowest level in a year. According to the Bank of England, approvals
Old-Line Families Escape Worst of Flood New Orleans's monied, mostly white elite is maneuvering to control the city's recovery.read more...