Regulators say mortgage market is self correcting (Boston Globe)
Homeowners unable to pay monthly mortgage bills and facing foreclosure shouldn’t count on help from Washington this year.
read more…
Settlement is proposed over failed Met Mortgage (Seattle Times) Investors in a failed Metropolitan Mortgage affiliate would get back $7.25 million in a proposed settlement that would also release most...read more...
Twin City home sales ahead of last year The Twin City real estate market is on pace for a fifth straight record year, despite a steep increase in the cost of new homes.read more...
How To Avoid Foreclosure "Foreclosure is a time when people are economically and emotionally vulnerable" If you suddenly find yourself faced with the possibility of losing your home because of economic disaster or
Irresistible Merrill Lynch may hit immovable wall Q: What's your opinion of my shares of Merrill Lynch & Co.? The company seems to be doing really well.read more...
Mortgage writedowns continue at banks (AP via Yahoo! News) Billions of dollars in mortgage losses reported during the third quarter could be a prelude to even bigger losses in the fourth quarter, as two more financial institutions warned
Home Depot Drops Plan to Buy Bank "Moving into the 2008 fiscal year, this acquisition is no longer a part of our strategy" The Home Depot Inc. has withdrawn an application to by a Utah bank,