Mortgage Employment Stabilizing (PR Newswire via Yahoo! Finance) Second-quarter jobs losses in the real estate finance sector fell by more than half from the prior quarter and the prior year, according to mortgage employment data tracked by
Florida, U.S. foreclosure rates up National foreclosures increased less than 2 percent from April to May 2006, but are up 28 percent from May 2005, says RealtyTrac U.S. Foreclosure Market Report.read more...
Thinking Past Location in Finding Space read more...
Legal ease Some friends of mine planned a home renovation recently. They chose just about everything with care, from the South African granite on their countertops to the imported Brazilian cherry wood
Getting easy money for 'nonconforming' mortgage loans not so easy anymore (Asheville Citizen-Times) The world of mortgage finance is in total turmoil. From late 2006 to the present, at least 129 U.S. lenders have sought bankruptcy protection or ceased operations. There is even
Mortgage Rates Rise Slightly (AP via Yahoo! Finance) Rates on 30-year mortgages edged up slightly this week, reflecting market worries about inflation. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages rose to 6.33 percent, up from
WASHINGTON ? After a slow and stumbling start, official Washington is scrambling to try to prevent the unfolding mortgage crisis from pushing the country into recession during an election year. There is a strong feeling, though, that the government will need to do more to avert a financial disaster.
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