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Bernanke says time for long-term mortgage answers (Reuters via Yahoo! News)   Federal Reserve Chairman Ben Bernanke said on Thursday that it was time to move beyond temporary fixes to the subprime mortgage mess and look for long-term solutions.read more...


Using wrong ATM can be doubly costly  The cost of using the "wrong" ATM -- one owned by a bank where you don't have an account -- hit an all-time high, according to a recent survey released


Many Believe Country Is 'On the Wrong Track,' Poll Says   Four out of five Americans believe things are "on the wrong track" in the United States, the gloomiest outlook in about 20 years, according to a New York Times/CBS


U.S. Notes Rise; UBS Spurs Concern Mortgage Losses to Spread (Bloomberg.com)  Dec. 10 (Bloomberg) -- Treasury notes rose, ending four days of losses, after UBS AG said it will write down an additional $10 billion tied to U.S. mortgage investments.read more...


Green Building Moving Mainstream  Preliminary results of a McGraw-Hill Construction/National Association of Home Builders survey indicated that there was a 20% increase in 2005 among those in the home building community who are focusing


Wiretap Case to Be Dropped  read more...

September 28th, 2007

Come on, the mortgage industry isn’t that bad (Los Angeles Times)

WASHINGTON —The term “mortgage meltdown” has become so commonplace that borrowers might assume that this is a tough time to get a mortgage.

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