LocalNew home building in Phoenix area at 17-year low State taps money to help curb foreclosures Building slowdown helps clear Phoenix air State moves to stem foreclosures Housing construction plummets 6.2 pct.read more...
Telegram & Gazette Santa Fund A family of seven in Lancaster is struggling to pay the mortgage, and a mother of three in Sterling appears to have a good life - until the cast on
Mortgage Assistance Corporation Reports Third Quarter Revenues and Earnings (PR Newswire via Yahoo! Finance) Mortgage Assistance Center Corporation , which acquires, manages, and resells non-performing mortgages secured by real estate and distressed real estate properties, today reported revenues and earnings for the third
(AFX UK Focus) 2006-01-03 11:27 GMT: Hong Kong Mortgage Corp issues notes worth 1.5 bln hkd (Interactive Investor) HONG KONG (AFX) - The Hong Kong Mortgage Corp is offering two issues of fixed-rate notes worth a combined 1.5 bln hkd, manager HSBC said in a statement.read more...
US Government takes over mortgage giants (AP via Yahoo! News) The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit
U.K. Mortgage Approvals Drop, Manufacturing Contracts (Update1) (Bloomberg.com) Sept. 1 (Bloomberg) -- U.K. mortgage approvals dropped to the lowest since at least 1999 and manufacturing contracted for a fourth month as the economy staggered toward a recession.read more...
NovaStar Financial Inc , a subprime mortgage lender, said on Friday it will fire about 500 employees, or 37 percent of its work force, as it reduces home loans given tough capital markets conditions. via Earth Times
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