Home sales to slow, but gains '06 expected (Reg Req'd) Despite all the talk about a "housing bubble," home prices in most parts of the U.S. should continue rising in 2006.read more...
Earnings improve as OceanFirst recovers from mortgage mess (Asbury Park Press) OceanFirst Financial Corp. reported higher fourth-quarter earnings as it recovers from a string of bad mortgage loans made by a now-closed subsidiary.read more...
MFA Mortgage Sells More Stock (AP via Yahoo! Finance) MFA Mortgage Investments Inc., which invests in mortgage-backed securities, said Tuesday underwriters of its recent offering exercised an option in full to buy 1.65 million shares of MFA stock.read
Most oppose former Kmart buy They wouldn't give the green light to a proposed blue-light special. Speakers overwhelmingly opposed having Beaufort County buy the former Kmart property off Washington's 15th Street.read more...
Renovated homes are strongest sellers in N.O. market "We had such an uptick in valuation for so many years that we can have a drop and still have very healthy prices" The owner who walked away from
Municipal Mortgage CFO Harrison Resigns (AP via Yahoo! Finance) Municipal Mortgage & Equity LLC, a commercial real estate and lending firm, said Thursday its chief financial officer and executive vice president, Williams S. Harrison, resigned effective the end
WASHINGTON - U.S. mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.
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