Government may soon back troubled mortgage giants (AP via Yahoo! News) The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the
Financier's Death Hints at Trouble for Lenders The death of flamboyant real-estate financier Scott Coles is drawing attention to the condition of the nation's commercial real-estate market, which is beginning to show mounting signs of distress.read more...
Rent or Buy? Markets Reach New Equilibrium During the real estate boom of the past five years, many area renters anxious to enter the caffeinated market before it was too late stretched and searched and scraped
Sherwin-Williams Profit Surges on Sales Associated Press Sherwin-Williams Profit Surges on Sales 04.21.2005, 11:57 AM Sherwin-Williams Co., the country's largest paint manufacturer, reported Thursday that first-quarter earnings surged 62 percent as ...via
Mortgage repossession orders climb (Financial Times) More borrowers risk losing their home after falling into arrears on mortgage payments, and a growing proportion are unable to reach an agreement with their lender to avoid repossession, according
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Hopes of an imminent housing recovery are dimming as the nation’s largest home builders continue to report slumping sales and profits. Toll Brothers Inc., the nation’s largest builder of luxury homes, Wednesday warned that it won’t meet prior earnings projections while home builders Hovnanian…
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