The impact on Existing Home Sales in 2007 What will be the impact of tighter lending standards in the subprime mortgage market on existing home sales? First, some numbers ... From America's Second Housing Boom : By 2005,
Mortgage scams on the rise (Battle Creek Enquirer) Across the U.S., homeowners facing mortgage foreclosure are being scammed by foreclosure ?rescue? companies promising to save their house but that only take their money.read more...
Sacramento's 'Blueprint' for Growth Sacramento has become one of the nation's most-watched experiments in whether urban planning can help solve everything from high gas prices to the housing bust to global warming.read more...
Not all adjustable real estate loans are created equal Negative amortization should raise red flag DEAR BOB: In a recent article you said, "Now you know why I never recommend negative-amortization adjustable-rate mortgages ." Does that mean you changed
U.S. home sales declined in April The National Association of Realtors said U.S. existing home sales dropped 1 percent in April to a seasonally adjusted annual rate of 4.89 million units.read more...
Man sentenced in mortgage fraud (The Cincinnati Enquirer) Troy Clements, former operator of the Springdale mortgage firm, American Funding, was sentenced to 24 months in prison Wednesday in U.S. District court for his role in defrauding mortgage lenders
“Since it’s starting to rain, the ending balance became a short-term rainy day fund”
Special session ends with some accomplishments, some letdowns. Oregon’s first experiment with an annual session has ended, with a series of key bills passed – but some important issues left unaddressed. via BlueOregon
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