Washington in a sweat over mortgage ills (The Arizona Republic) After a slow and stumbling start, Washington is scrambling to try to prevent the unfolding mortgage crisis from pushing the country into recession during an election year. There is a
Commission bans contributory mortgage broker (Scoop.co.nz) The Securities Commission has banned Contributory Mortgage Investments Ltd (CMI) from acting as contributory mortgage broker for two of its mortgages.read more...
Flood Coverage For Costly Homes Insurers are introducing new policies designed to better protect high-end homeowners.read more...
'Right to cure' rule goes into effect Wisconsin launches a "talk before suing" mandate today for home construction and remodeling projects.Commentread more...
Consumer Confidence in U.S. Probably Plunged to One-Year Low After Katrina Printer-Friendly Format U.S. Consumer Confidence Probably Plunged in Wake of Katrina Sept.read more...
Durables Look Decent; Mortgage Activity A Mystery (Forbes) Mortgage Bankers Association says that volume drops to lowest point this year, despite a drop in rates; Commerce Dept. reports durable goods orders boosted by aircraft, computers.read more...
TOKYO ? Global financial turmoil sparked by the U.S. subprime mortgage crisis was voted the top international news story of 2007, while the crushing defeat of the ruling Liberal Democratic Party in the July 29 House of Councillors election was voted the top domestic news, according to a Kyodo News poll released Sunday.
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