First-time homebuyers are 'incredibly savvy' Existing home sales will stay near record levels this year as low interest rates continue to drive the real-estate market, says Canada Mortgage and Housing Corp.read more...
Banks Give Reprieve to Stricken Homeowners With tens of thousands of homeowners in four states displaced by Hurricane Katrina, some banks and finance companies are allowing customers to forgo monthly mortgage payments for 90 days without
Serving Hardin County, Kentucky When Clarence Sams opened his Elizabethtown salon 15 years ago, a nail table for manicures was something almost no other salon had.read more...
Mortgage executives defend compensation (Philly.com) WASHINGTON - Three corporate executives yesterday defended the millions of dollars in pay they received despite contributing to the subprime mortgage crisis that left their companies reeling from losses and
Everybody's an Investor Now A recent study by the National Association of Realtors showed that almost 25 percent of homes bought in 2004 in the United States were bought as investments. That's up
Thornburg Mortgage reports increased earnings driven by income from ARM assets Thornburg Mortgage Inc. on Oct. 17 reported third-quarter net income of $74.0 million, or 70 cents per share, compared to $58.0 million, or 69 cents per share, earned in the
It was in August 2007 when investigator Eric Bremner found evidence in a shredder at Olympic Escrow Inc. he said confirmed borrowers’ complaints that they had never signed the mortgage documents that pushed them into a new financial hell.
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