Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)
Shares of mortgage lenders plummeted Thursday along with the broader market amid mounting evidence of serious atrophy in the housing industry.
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Government Introduces Financial Real Estate Measures According to government documents on real estate measures acquired on August 1, the Uri Party and the government are preparing the following policies in the finance category in addition to
Katrina Compensation Plan in Mississippi Is Criticized as Too Lax One fact of this story that is conspicuous by its absence, there is nothing at all in the U.S. Constitution that permits the use of federal taxpayer money for this.read
Maguire to Sell Phoenix Office Building Real estate investment trust Maguire Properties Inc. said on Thursday that it agreed to sell a Phoenix office building for about $130 million to an undisclosed buyer.via
How to Bargain for a House As the Real-Estate Market Cools After years of soaring prices, inventories of homes for sale are rising in some areas. As a result, some buyers are regaining long-lost bargaining power. Want an Audi with that
Discount real estate firm touts commission savings The real estate world has long been dominated by full-commission real estate firms.read more...
It's depressing how house debt is exploding (Reg Req'd) A reader provided me that service recently, and for that, I am grateful to him. A recession, he explained, is triggered by excessive inventories.via