Renting and the law Q I moved into an apartment and signed a six-month lease, which requires a 60-day notice to terminate.via
The Hot Investment Flavor Now: The Super-REIT FINANCE is often a fad business. The latest fad is private equity firms getting into the world of real estate investment trusts.via
Moreno Valley experienced similar mortgage crisis in 1990s (The Press-Enterprise) The spike in mortgage defaults and foreclosures has sent shudders through an Inland region that experienced another housing crisis more than a decade ago.read more...
Federal Reserve finds banks tightening standards on subprime mortgage (Deseret Morning News) A majority of the nation's banks have tightened lending standards on subprime mortgages, the Federal Reserve said Monday in a survey that provided further evidence of the spreading problems in
Mortgage rates jump again (CBC) Mortgage rates went up Tuesday for the second time in two weeks as the Bank of Canada sent a strong signal that borrowed money is about to get more expensive.read
Fannie Mae splits with troubled lender Fannie Mae will no longer allow New Century Financial Corp. to sell mortgage loans to the U.S. government-sponsored company, alleging the troubled lender has breached the terms of its contracts,
Bay Area mortgage professionals said Friday they believe Bank of America’s $4 billion purchase of Countrywide Financial may be good for the financial well-being of the industry, but reduced competition could be bad for consumers.
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