NovaStar Mortgage settles class action (Seattle Times)
A federal class-action lawsuit alleging that NovaStar Mortgage overcharged 1,600 borrowers was settled out of court Thursday in Tacoma with…
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''This is crunch time for households.'' BERNARD... It's supposed to help the economy. The Federal Reserve's decision to hold the line on interest rates this week means that many borrowing costs won't be going up again any
Property values hit record The red-hot real estate market pushed the assessed value of Los Angeles County properties nearly 10 percent to a record $856 billion in fiscal 2005, the biggest hike in more
Allied Irish Banks, p.l.c.: Trading Update Allied Irish Banks, p.l.c. is issuing the following update on trading before its half year close period.via
Kansas City councilwoman indicted for mortgage fraud (Jefferson City News Tribune) KANSAS CITY, Mo. (AP) - Kansas City Councilwoman Saundra A. McFadden-Weaver and two others were indicted Wednesday on federal charges of mortgage fraud.read more...
Single-family construction fell in June Construction of single-family homes fell in June to the slowest pace in 17 years although a change in New York laws helped give a big boost to apartment building.read more...
HUD extends foreclosure moratorium for FHA-insured home loans (Reg Req'd) HUD extends foreclosure moratorium for FHA-insured home loans Homeowners must formalize repayment plans by March 31 HUD Secretary Alphonso Jackson The Housing and Urban Development Department today announced it ...read