Paulson Considering Mortgage Change (Washington Post) WASHINGTON -- As Congress weighs remedies for the mortgage-market crisis, Treasury Secretary Henry Paulson is signaling that the Bush administration would consider allowing the big mortgage companies Fannie Mae and
Investors of bankrupt Met Mortgage to get $45M in 2nd payout (KNDO - KNDU Tri-Cities) Associated Press - July 25, 2008 6:35 PM ET SPOKANE, Wash. (AP) - Investors of Spokane-based Metropolitan Mortgage and Securities will get around $45 million
Moving Out Moving Out A new study concludes the cheaper cost of housing in the outer suburbs is offset by the higher cost of commuting.Commentread more...
Foreign cash could boost housing market "European investment is likely to pick up" A foreclosure sign tops a sale sign outside an existing home on the market in northwest Denver in this Aug. via Kansas.com
More opting for mortgage insurance (The Post and Courier) Private mortgage insurance is making a comeback. Until six or eight months ago, private mortgage insurance was out of favor as people eager to get into the roaring housing market
PNC to Buy ARCS Commercial Mortgage (AP via Yahoo! Finance) Northeast regional bank PNC Financial Services Group Inc. said Wednesday it agreed to acquire Calabasas Hills, Calif.-based ARCS Commercial Mortgage, in a move to expand PNC's multifamily lending and
“The asset-backed commercial paper market has virtually shut down”
Countrywide Financial Corp.’s move to take $11.5 billion in long-term bank loans points to emerging but serious troubles in the commercial paper market, which thousands of companies have relied on to finance … via Journal Gazette
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