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One of the fastest growing communities  Rancho Cucamonga, California is escalating in price rapidly, up 15 percent in the last month, say local Realtors, who attribute the growth to good city planning.read more...


Subpoenas Set In Rowland Hiring  A state contractor will be subpoenaed by a legislative committee to testify about hiring former Gov.via


Norwegian crook makes $32,000 by renting out apartment he broke into  An enterprising Norwegian found a way to turn a tidy profit on Oslo real estate by renting out a nice apartment in a popular part of town.via


United Financial Mortgage Corp. Reports First Quarter Results (PR Newswire via Yahoo! Finance)   United Financial Mortgage Corp. or today announced results for the first quarter ended July 31, 2005.read more...


Better Info on Mortgage Risks   Federal regulators need to do a better job of explaining to people the workings and potential risks of interest-only and other nontraditional mortgages, congressional investigators said Wednesday.read more...


Rescuing the nation's two mortgage giants (Miami Herald)  The big question in Washington this week has been whether the U.S. taxpayer should help rescue mortgage giants Fannie Mae and Freddie Mac. The real question is, Do we have

December 3rd, 2007

H&R Block, Cerberus terminate sale of Option One Mortgage (The Kansas City Star)

H&R Block?s deal to sell its Option One Mortgage Corp. has fallen through, Block said today, so it is scrapping much of the subprime lending business.

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