Capital One packing more in its wallet Richard Fairbank may be the person most responsible for the boom in consumer debt.read more...
Those ARMs starting to hurt Thousands of Denver homeowners gambled on adjustable rate mortgage loans three years ago.read more...
Home builders turn to incentives Home builders are making a greater effort to attract buyers, offering incentives such as reduced closing costs, finished basements and plasma televisions as they try to maintain the brisk sales
American Woodmark 1Q Profit Falls Kitchen-cabinet maker American Woodmark Corp. on Wednesday reported better-than-expected results for the first quarter, although net income fell on higher costs for raw materials, overhead, fuel and labor.read more...
Mortgage rates fall on investor's words They fell for the 11th time in 13 weeks after a prominent bond fund manager speculated that the Fed might soon reverse course and start cutting interest rates.via
Fieldstone Mortgage files for bankruptcy (Baltimore Sun) Columbia-based Fieldstone Mortgage Co. has filed for Chapter 11 bankruptcy protection, blaming a sharp increase in delinquent mortgage payments and the overall downturn in the credit markets, according to documents
PHILADELPHIA (AP) ? Gov. Ed Rendell on Monday gave a big push to two state programs designed to give relief to homeowners victimized by predatory lending or facing unaffordable increases in their mortgage payments.
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