Trailer parking ban under fire Concerns over theft are prompting Schaumburg Village Board members to rethink a proposal to ban overnight and weekend parking of commercial trailers in residential neighborhoods.Commentread more...
Builder Confidence Remains Strong Builder confidence in the market for new single-family homes edged down somewhat in August but remained well within the elevated range that has characterized the past 17 months, according to
Morgan Stanley books mortgage-related losses (Deseret Morning News) Morgan Stanley joined Merrill Lynch & Co. and Citigroup Inc. in booking losses on subprime mortgage- related assets and said the outlook for credit markets is bleaker than in September.
There is no place like (a pre-fab) home "We are as close to instant gratification as you can get in home building" In a tight real estate market, at least one company is making headway by offering
'Line-of-credit mortgage' creates an illusion (Boston Globe) A new kind of mortgage can, as if by magic, make a 30-year mortgage disappear in half the time.read more...
Pay to borrow your own money? A "passbook loan," which uses your savings as collateral, makes sense if you're trying to establish (or re-establish) credit.read more...
Shares of bond and mortgage insurers mostly fell Wednesday after Ambac Financial Group Inc. said it plans to boost its capital reserves by $1 billion, fueling concern that insurers could ultimately bear the brunt of the current credit crisis.
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