Bush unveils mortgage proposals (AP via Yahoo! News)
President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
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U.S. ABS primary prices $17 billion as market returns from break Grant Catton, Asset Securitization Report--SourceMedia Last week, as market participants returned full-force after the ABS East conference, the primary market generated a healthy $17 billion of new issuance.read more...
Prudential Mortgage Capital Hires Team to Expand Healthcare Lending Strategy (Business Wire via Yahoo! Finance) NEWARK, N.J.----April 10, 2006--Prudential Mortgage Capital Company today announced that it has hired a team to develop an expanded healthcare and seniors housing lending strategy. Jeff C.read more...
Empty Nests: Choice Apartments In Manhattan Sit Unoccupied Wealthy jet-setters have long maintained cozy pieds-à-terre here, but the city's top properties are increasingly being scooped up by out-of-towners, who rarely use them. read more...
Foreclosures: A Real Boom for Investors The climate is ripe for an increase in the number of American homes going into foreclosure. via The Sturgis Online Community read more...
NJ forecast expects modest job growth NEWARK, N.J. -- New Jersey can expect modest growth in employment through 2010 and its jobless rate will be higher than the national rate through the end of the decade,
Fears grow mortgage rate could hit 4% by 2007 end MORTGAGE rates could hit at least 4% by the end of 2007, according to unnamed European Central Bank sources.read more...