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Consumers Struggle to Refinance While Buyers Bail on Condos  This week's Open House looks at bubble bloggers' newfound acceptance, how failed housing deals may come to bite one lender, homeowners struggling to get a loan in California, more subprime


Clear Springs Land Co. Executive Departs  Jura Zibas has left her post as vice chairwoman of Clear Springs Land Co. over "ongoing differences" with management, the company said Thursday. Zibas' departure occurred Wednesday afternoon, said Carole


Mortgage disclosures confusing for many consumers: study (Market Watch)  CHICAGO (MarketWatch) -- Current mortgage disclosures fail to convey many of the loan's details to the consumer, according to a study released Wednesday by the Federal Trade Commission's Bureau of


Canada's average home price surpasses $300,000  "The increase in [Canadian] listings is not keeping up with the increase in sales" ' The average resale price for agent-listed homes in Canada surpassed $300,000 for the first


Buying a House Gets Easier As More Homes Stay on the Market  Inventories are climbing in a number of cities. In another sign of a cooling housing demand, home-builder Toll Brothers reported a 29% drop in new orders.read more...


Time to rethink 'star-chitecture'  Washington has squashed two museum additions by internationally celebrated architects in the past few weeks.via

August 21st, 2007

Reverse mortgage group changes code (AAP via Yahoo!7 News)

The industry association representing reverse mortgage suppliers has changed its code of conduct to strengthen its “no negative equity guarantee” provision.

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