Home price rules out the window Here's one of those glass-half-empty/glass-half-full bits of news: Recently online company househunt.com surveyed real estate agents and concluded that 51 percent of U.S. home sellers are getting 95 to 100
HSBC fights off pay backlash, says U.S. arm funding OK Reuters Friday, May 30, 2008; 12:52 PM LONDON - Europe's biggest bank HSBC fought off an investor backlash over a multi-million pound executive pay plan on Friday and dismissed claims
Mortgage REITs cut dividends Few investors have more riding on the Federal Reserve's interest-rate decision today -- and the next few to follow -- than shareholders of real estate investment trusts that borrow to
Writedowns on mortgage backed securities, downgrades send markets lower (The Canadian Press via Yahoo! Canada News) TORONTO - More writeoffs of securitized mortgage loans that have gone bad helped drive stock markets lower Monday morning.read more...
Paulson resists more government action to solve mortgage crisis (Market Watch) WASHINGTON (MarketWatch) -- U.S. Treasury Secretary Henry Paulson continues to argue against more government intervention in the mortgage crisis, saying a cluster of ideas currently floating around would ?cause more
Community Reinvestment Act May Have Deterred Risky Mortgage Lending (Centre Daily Times) A Traiger & Hinckley LLP study of 2006 mortgage loan data suggests that the Community Reinvestment Act, a federal law that requires banks to help serve the credit needs of
After 10 years the interest rate changes, says Dr. Don.
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