Ousted mortgage CEO seeks redemption with new company (Atlanta Journal-Constitution) You might call it the second coming of Patrick S. Flood. The once high-profile CEO of HomeBanc Mortgage Corp., known for his Christian faith-oriented management style, was fired last year
Lawmaker introduces bill to better regulate contractors State Representative Charlene Lima has introduced legislation to better regulate home contractors.read more...
Congress tackles economic issues The struggling economy is dominating the agenda as Congress returns from spring break this week. via WLOS read more...
The Mortgage Crisis Is One of Confidence The current mortgage crisis will probably enter the U.S. record book as the second-worst in the past 100 years. read more...
Xceed Mortgage presents issue of $500M-plus in mortgage-backed notes (Canadian Business) TORONTO (CP) - Xceed Mortgage Corp. (TSX:XMC), which lends to homebuyers the banks avoid, has announced plans to issue more than $500 million in mortgage-backed securities.read more...
Filing for bankruptcy won't stall foreclosure When the landmark federal law making it tougher to file personal bankruptcy went into effect this month, those in danger of foreclosure on their houses because of delinquent mortgage payments
KISSIMMEE - There’s been so much negative news recently about real estate – everything from sky-high inventories of homes on the market to rising foreclosure rates and problems with sub-prime lenders – that it would seem to be a tough time to be a local real estate agent.
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