Mortgage, oil worries drag on market (Chicago Tribune)
Stock prices retreated today, as crude oil climbed above $75 per barrel and fresh worries fell on the home mortgage market.
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Fannie, Freddie Divide Economists Chances are better than even that government money will be used to prop up Fannie Mae and Freddie Mac, economists in the latest Wall Street Journal survey said, and a
Bush Vows to Veto a Mortgage Relief Bill (NYTimes.com via Yahoo! Finance) President Bush sided with banks and mortgage lenders on Tuesday, threatening to veto a bill being offered by Senate Democrats.read more...
Ownit Mortgage Files for Bankruptcy (AP via Yahoo! Finance) Ownit Mortgage Solutions Inc., a subprime mortgage lender, filed for bankruptcy last Thursday, just a few weeks after it stopped making new loans.read more...
Liberty Self-Stor Announces Completion of Sale of Assets to U-Store-It via
Housing market slows The sale of existing single-family homes in Alabama declined by 11.1 percent in October to 4,831 units, according to the Alabama Real Estate Research and Education Center at The University
SPECIAL REPORT: Mortgage Bankers Upbeat on Industry Conditions at Annual Meeting (Multi-Housing News) FEBRUARY 06, 2007 -- San Diego -- The Mortgage Bankers Association (MBA) opened the 2007 Commercial Real Estate Finance (CREF)/Multifamily Conference Convention and Expo this week on a strong note