D.C. agency issues $50M in bonds for mortgage loans (Washington Business Journal) The D.C. Housing Finance Agency has issued $50 million in bonds to provide low-interest mortgage loans to low and moderate-income borrowers in the District.read more...
Free markets? What free markets? Paradoxically, the most conservative president in nearly a generation sits in the White House, yet the American economy depends on the very visible hand of government to an extraordinary degree.via
St. James Contractor Evades Taxes on Illegal Labor "My client is the victim of a bad immigration policy, caught between immigrants willing to work for low wages and home builders who want the lowest cost" Posted on
New-Home Sales Rose 2.1% Last Month; Prices Eased New-home sales rose 2.1% in September as the median price moved lower and the stock of new homes on the market swelled to a record level. Durable-goods orders fell 2.1%
Mortgage lending forecast to drop (CNN Money) Previously owned home sales are also expected to fall as banks rack up billions in losses, according to the Mortgage Bankers Association.read more...
Stocks slip, jobs data stokes rate fears U.S. stocks fell on Friday after July jobs data exceeded expectations, spurring worries that the Federal Reserve Still, Baidu.com , China's largest Web search company, referred to by many as
The default rate on privately insured mortgages rose in November to the highest level since records have been kept by the Mortgage Insurance Cos. of America, according to a Reuters report Monday.
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