Economists: Recovery in Fla. delayed Florida's economic slump is worse than state economists had predicted earlier this year, and now they say it'll last about six months longer than previously expected.read more...
Home Prices Continued Fall in May Home prices declined 0.3% from April to May, Ofheo said, amid a 4.8% drop from the previous year. South Atlantic prices posted the largest fall, while the cost of a
First Magnus Halts Loans, Citing `Collapse' of Mortgage Market (Bloomberg.com) Aug. 16 (Bloomberg) -- First Magnus Financial Corp., the second-largest privately held U.S. mortgage company, stopped lending after bids for its home loans disappeared.read more...
Licensing could stem mortgage fraud (Everett Herald) There are lots of proposed remedies to prevent another mortgage catastrophe like the one we're going through now. Most of the suggestions I've seen won't fix the loopholes that allowed
N.C. group to offer seal of approval to mortgage brokers (The Herald-Sun) A mortgage trade group says it will offer a seal of approval to brokers who agree to exceed the minimal requirements of state law.read more...
30-Year Mortgages Highest Since October Rates on 30-year mortgages hit the highest level since late October following release of more economic data showing a rebounding economy.Commentread more...
Green homes come from factories. It sounds like a contradiction, but it isn’t. By building a home in a factory, builders can cut down on the amount of wood that gets thrown out and trips back and forth to the … via CNET News.com
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