Washington Mutual Profits Slide 9 Pct. Washington Mutual Inc. said its third-quarter profits slid nearly 9 percent as the company continued broad efforts to cut costs.Commentread more...
Allied Home Mortgage Capital Corporation Opens New Branch Office in Lansing (PrimeZone via Yahoo! Finance) Allied Home Mortgage Capital Corporation has opened a new branch in Lansing, IL. The branch is one of the many in the state.read more...
FSA outlines details of mortgage and insurance regulation review (Insurance Business Review) UK regulator the Financial Services Authority has set out further details of its post-implementation reviews of the mortgage and general insurance regimes.read more...
Built for High-Tech Housholds: Furniture for Gizmos read more...
Mortgage originations, median home prices to decline in 2008: MBA (Market Watch) CHICAGO (MarketWatch) -- Fewer people will be obtaining mortgages this year than in 2007, with total mortgage production expected to drop 16% to $1.96 trillion in 2008, the Mortgage Bankers
Bank on mortgage misery (Stuff) Recent rapid economic growth has wrought some spectacular economic changes. One of the more arresting examples, is the mortgage market but its lending binge is about to create a lot
“If this continues, we probably have to move to another state.”
When Eric Feichthaler became mayor three years ago, this town was booming. The city issued 800 permits that month to build single-family homes.
Cape Coral still has thousands of empty lots, but last month, it issued just nine permits.
A number of factors explain the downturn, and many of them are not unique to Florida. But it is becoming clear the Sunshine State is losing some of its luster.
Census figures show that in 2007, the number of people who moved to warm and sunny Florida from other states outnumbered those who left by just 35,301, down from 268,347 in 2005. It was just the second year since 1990, when the Census Bureau started keeping such records, that the state saw fewer than 50,000 net U.S. arrivals. Read more
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