Real-Estate Slowdown Causes Condo Conversion Aversion As housing-price appreciation cools in once-hot markets apartments once converted to more lucrative condominiums are being reverted to rentals. In some cases, developers are selling and renting in the same
Building the necessary skills The Riverland Community College home building project is about as hands-on as a class gets.read more...
Broker banned for mortgage fraud (Channel 4) The City watchdog has banned a mortgage broker and fined her £129,000 for submitting a number of fraudulent mortgage applications.read more...
Home loan demand drops despite decline in mortgage interest rates (USA Today) Mortgage applications dropped last week, reflecting weaker demand for home purchase loans even as interest rates fell, an industry trade group said Wednesday.read more...
Wall Street Injects Poison Into The Housing Market In an article that once again demonstrates how dangerous ignorant Wall Street stock market analysts are to the American economy, the New York Times reports again today on the collapsing
Fitch Downgrades 5 and Affirms 10 Classes from 5 Credit Suisse First Boston Mortgage (CSFB) Securities Corp. Issues (Business Wire via Yahoo! Finance) Fitch Ratings has taken rating actions on the following CSFB Mortgage Securities Corp. issues:read more...
There has been a sharp increase in the ranks of borrowers seeking help with their mortgage debts. Citizens Advice says the number of people coming into its bureaux asking for guidance was up 35 per cent to 215,000 year-on-year during January and February. “It is a worrying trend that our bureaux are reporting very sharp rises in the number of mortgage0arrears problems they are dealing with,” ...
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