Types Of Bankruptcy

SourceMedia Launches Mortgage University, an Online Suite of Professional Education Courses for Mortgage Brokers and ... (SYS-CON Media)  Adding to its extensive line of mortgagepublications, websites, database products, and proprietary research for themortgage market, SourceMedia's Mortgage Group, publisher of NationalMortgage News and BrokerUniverse, announced today the launch of


Katrina creates price spike in building goods  CHINO - Jerry Long has seen this before. Past disasters have caused a spike in the price of building materials.read more...


State banking officials investigate mortgage lender  State banking regulators are investigating the viability of a mortgage lender that has brokered billions of dollars in mortgages to people with poor credit histories, after it stopped funding loans


Homeowners might overextend themselves to build new house  Q: I own a lakefront house in Connecticut with an estimated value of $900,000. We owe $75,000 on it and another $60,000 on a home-equity line of credit.read more...


August U.S. auto sales expected to be down due to housing, credit crunch   Americans were in no mood to buy a car this month as they faced rising mortgage payments and roiling financial markets, and some analysts already predict 2007 will be


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May 25th, 2007

Existing homes building up

“There are so many properties out there, you could kill a whole forest printing out the sheets of homes for sale”

As of Friday, there was one less house for sale in Evanston – with 279 to go. That would be the former home of David Hill and Gina Griffin-Hill, who closed the sale on their house almost exactly one year after putting it on the market and cutting the price three times.

‘Price is key,’ said David Hill, capturing in three words a concept housing-market analysts are going to far greater lengths to emphasize in light of two home-sales reports out this week. The first, on Thursday, indicated that aggressive price cutting in the home-building industry is starting to whack away at the nation’s glut of new construction. The second, on Friday, indicated a different story for the resale market. Read more



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