Thornburg Reports Loss of $3.31 Billion on Mortgage Writedowns (Bloomberg.com) June 12 (Bloomberg) -- Thornburg Mortgage Inc. , the New Mexico lender that averted bankruptcy in April, said it lost $3.31 billion in the first quarter because of writedowns on
UK's major mortgage lenders hike rates Published by Jon Land for 24dash.com in Housing , Bill Payments Friday 26th September 2008 - 9:14am UK's major mortgage lenders hike rates Three major mortgage lenders today hiked their
NationsRent to Extend Store Leases With Lowe's NationsRent Companies announced last week that it has been granted an option to extend all of its store leases with Lowe's Companies through 2010, with an additional two-year extension through
Despite reservations, Bush ready to sign mortgage relief for 400,000 strapped homeowners (Sun-Sentinel) Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President
Housing Starts Rebound Slightly, Building Permits Hit Nine-Year Low Construction on new homes improved in November rising 6.7% after a whopping 14% drop in October, the Commerce Department reported Tuesday. The continuing decline in permits is a sign of
Developers Have Grand Openings to Bring In More Prospects read more...
Home buyers and sellers in the Washington area face a new challenge: Most of the region has been tagged a “declining market” by the powerful loan underwriters who review mortgage applications.
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