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For Sale By Owner: How to Market Your Home  FSBO is becoming a popular way of selling homes. Many people that choose this means to sell their home are wanting to avoid real estate commissions.read more...


German Fund Stops Payouts, Citing Mortgage Market Unease (New York Times)  WestLB Mellon Asset Management suspended redemptions of an asset-backed securities fund amid investor concern about the problems in the subprime mortgage market.read more...


Ahead of the Bell: Mortgage Finance (AP via Yahoo! Finance)   Keefe, Bruyette & Woods on Tuesday hosts a mortgage conference, which will cover issues including credit risk, mortgage real estate investment trusts and more.read more...


China, U.S. face off over economic reforms, currency  Top U.S. economic officials, led by Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan, began talks with their Chinese counterparts Sunday on rancorous economic issues, including Beijing's ...read


Officials Investigate 2 Separate School Threats  Livingston County sheriff's deputies and a bomb-sniffing dog will reportedly be searching Pinckney High School Sunday, after a threatening message in the boys' bathroom.read more...


Getting a Mortgage with Bad Credit (Hornell Evening Tribune)  (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the

October 27th, 2007

Dark skies ahead for mortgage industry (The State)

NEW YORK ? In all phases of the mortgage industry this week, from the people who make the loans to the people who insure them, the news was bad ? and most of them expect it to get worse. Things have gotten so tough, title insurer Stewart Information Services Corp. said it could not cut costs fast enough in August and September to keep up with the plummeting market. The company has already made …

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