A Burning Issue In the Basement When Wayne Green recently decided to transform his 27-year-old unfinished basement into a combination fifth bedroom, home theater and storage area, he began shopping for contractors and crunching numbers.
ANZ calls off sale of mortgage unit (FT.com via Yahoo! News) ANZ, the Australian bank, has decided against selling its wholesale mortgage distribution business, saying on Monday that it had struggled to attract a fair price for the division due
Choose agent, lender and locale wisely when buying first home (Reg Req'd) Mark Nash knows just how baffled many people are when entering the home-buying market for the first time.read more...
Harford woman battles mortgage giant in court (Baltimore Sun) When Paula Rush stepped forward in U.S. Bankruptcy Court in Delaware to allege that American Home Mortgage had allowed its affiliates to market risky loans aggressively and ignored obvious signs
New home building down The number of permits for new home construction has plummeted to 40 percent of what it was last year.read more...
Deal to buy mortgage company collapses (The Star-Ledger) In another sign that troubles within the mortgage industry will continue into 2008, one of the largest originators of residential home loans announced Tuesday that it is scrapping a planned
Nearly 10,000 mortgage deals have been withdrawn by banks and building societies since the credit crunch struck last summer, research revealed yesterday. The mortgage meltdown will have a devastating impact on anyone trying to sell their home this year, with only one in three succeeding, a property expert has warned
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