Md. Seeks To Speed Up Enforcement Maryland real estate regulators and the state association of Realtors are optimistic that Gov. Robert L. Ehrlich Jr. (R) will sign a bill passed by the General Assembly that
Pitfalls of agentless real estate sale So wrong, so wrong on the statistics. How could you possibly know how many neg-am loans were created in 2003? Way more than 1 percent! Wrong on the fundamentals
The Pueblo Chieftain Online High-speed Internet use by U.S. businesses and households rose 34 percent in 2004 to 37.9 million lines, the Federal Communications Commission said Thursday.via
Hotline Set Up To Help Struggling Homeowners A group trying to help people keep their homes has set up a network to connect homeowners with counselors who can help sort out financial problems, its director said Tuesday.read
Fairfax Real Estate Loses Value A six-year run of double-digit increases in Fairfax County home assessments came to abrupt end today, as notices mailed to taxpayers showed that their properties have lost value for
Banks Having Good Year; No Failures So Far read more...
The Bank of New York Mellon Corp.’s fourth-quarter profit tumbled 68 percent due to its exposure to assets backed by mortgages.
The trust bank runs funds for companies and wealthy individuals rather than mass-market retail banking. It has not been exposed to the consumer problems other banks have, but was at risk for mortgage defaults through products called collateralized debt obligations, or CDOs. The bank’s exposure to those pools of mortgage-backed debt resulted in a $118 million write-down in the latest quarter. Read more
read more…
This entry was posted
on Wednesday, January 16th, 2008 at 4:14 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply