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Rising mortgage rates push up foreclosures (Seattle Times)  Mortgage foreclosures climbed in the spring as higher interest rates and energy prices made monthly payments harder for some homeowners...read more...


Saltspring project fraught with problems  Former Vancouver lawyer Brian Hauff is a former bankrupt, a failed real estate developer, and president of a junior public company that he acknowledges is "a piece of junk." His


Two charged as leaders of identity theft ring  The alleged leaders of a Seattle-based identity theft ring, accused of bilking 25 area residents out of more than $335,000 two years ago, faced federal charges Wednesday.Commentread more...


Experts Warn Debt May Threaten Economy  But only 35 percent were willing to cut government spending and experience a drop in services to balance the budget.read more...


Freedom Tower Owner Signs Tenant  Beijing Vantone Real Estate has signed a tentative agreement to move into the Freedom Tower, which would make it the first corporate tenant in the skyscraper planned at the World


Wells Fargo, Hispanic mortgage group partner to serve Hispanic home buyers (BizJournals)  Wells Fargo Home Mortgage has created a joint venture with the Hispanic National Mortgage Association targeting Hispanic and immigrant borrowers featuring bilingual loan consultants and flexible mortgage products.read more...

August 24th, 2007

“Green'’ legislation would erase mortgage tax break (Seattle Times)

To add to mortgage meltdown miseries, the credit panic, plunging home sales and rising foreclosures, here’s a new worry: a proposed cutoff…

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