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Demand Pushes Homes Out Of Reach for San Diego Buyers  Only 9% of California households can afford to purchase a home in the city according to a California Association of Realtors report.read more...


Consumers to receive more than $93,000 resolving complaints about...   The Attorney General's Bureau of Consumer Protection today announced a series of legal agreements resolving consumer complaints against five remodeling and home repair contractors operating in Allegheny, ... via


Polk Home Permit Rates Decline  LAKELAND | Polk County's building contractors are slowing down. It is typical that as the holiday season approaches home sales and new home construction rates decline. more» read more...


Subprime mortgage market to grow faster than traditional market (Investment Executive)  The subprime mortgage market in Canada will grow much faster than the traditional market in the years ahead, CIBC World Markets Inc. predicts in a new report.read more...


Huge Mortgage Lender Files for Bankruptcy (Washington Post)  New Century Financial, a lender that came to symbolize the fast-and-loose mortgage practices of recent years, filed for bankruptcy protection yesterday and said it would lay off 3,200 employees, more


Simplifying tax laws not so simple (Reg Req'd)  Some months ago, President Bush appointed a panel to find ways to make our tax laws more simple and fair.read more...

March 29th, 2008

Democrats want bolder action from government to address housing crisis

Congressional Democrats want the government to do more to help out homeowners caught up in the mortgage meltdown. via WLOS



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