Mixed Dallas home market (Reg Req’d)
I’m happy to see that, said Mark Dotzour, chief economist with Texas A&M University’s Real Estate Center.
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Subprime-mortgage issues scaring investors (The Springfield News-Leader) New York -- Some people might wonder if the angst over problems in the subprime mortgage market is overblown, but that hasn't stopped some investors from using it as a
Lenders pledge to pass rate cuts on to mortgage-payers (Independent) Homeowners have been promised a cut in interest rates when the inter-bank lending rate goes down after a Downing Street summit over the credit squeeze between the Chancellor and
ABN Amro sells Mortgage group to Citigroup (Sharewatch) ABN Amro said it expects to make a "small" book gain on the sale. The Dutch banking group said Citigroup will buy "approximately 9 bln usd in net assets", of
NEW REPORT = BAD NEWS: Sub-Prime Mortgage Crisis Will Cause Greatest Loss of Black Wealth in History. (Eurweb) A newly released report says the sub-prime loan mortgage crisis currently gripping the nation will eventually "cause the greatest loss of wealth for African Americans in modern U.S. history."read more...
Administration presses for mortgage giant rescue (AP via Yahoo! News) The Bush administration lobbied skeptical lawmakers Wednesday to support a rescue plan for Fannie Mae and Freddie Mac, as lawmakers weighed how to protect taxpayers while still giving the
The Bubble Sitters: Dean Baker This well-known economist is so confident that a housing bubble exists that he is performing an experiment on himself.read more...