Economist boosts 2005 home sales target
U.S. home sales could strike a fifth straight record in 2005 due to low mortgage rates, a growing economy and an increasing number of investors, Fannie Mae’s chief economist said on Thursday.
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Growth Occurs Much Too Fast read more...
Flextronics Sells Two Units The white-box electronics maker will get $550 million in cash for network services and semiconductor divisions.via
Bankrate: Mortgage Rates Fall Again In Latest Week (Fox News) Bankrate: Mortgage Rates Fall Again In Latest Week read more...
Bad mortgage debt not widespread problem, Fed official says (USA Today) Federal Reserve Board Governor Susan Bies Tuesday said the bulk of the mortgage market was not troubled by bad debt problems, which were concentrated in the subprime, tarnished-credit sector.read more...
Mortgage fraud scheme uncovered in Southeast Woman faces possible 25 years' prison, $1.25 million fine Rebecca Marie Hauck pleaded guilty May 15 in federal district court to being part of a mortgage fraud and bank fraud
IndyMac mortgage loss dwarfs its own forecast (Washington Post) NEW YORK (Reuters) - IndyMac Bancorp Inc (IMB.N), one of the largest independent U.S. mortgage lenders, on Tuesday posted a quarterly loss more than five times larger than it had