Big storm may not go easy on California home markets When assessing the future direction of prices in this overheated housing market, lots of economists and analysts subscribe to the soft landing theory of appreciation rates narrowing on an annual
The buyers: The Quams and the too-good-to-be-true mortgage (CNN Money) Newlyweds Erik and Brandi Quam can't really afford their home. The monthly carrying costs on their two-bedroom condo in Arlington, Va. run about $2,500 a month, and they fear the
Sinking Home Prices Appeal to Those In Golden Years read more...
Mortgage CEO defends New Century (Orange County Register) The head of Impac Mortgage Holdings Inc. says investment banks have overreacted to the Irvine lender's delinquency problems.read more...
Existing home sales at second highest level in Aug. Existing home sales rose to their second-highest level ever in August, the National Association of Realtors said Monday.read more...
Wells Fargo wins appeal in lending case A federal appeals court in California ruled that the operating units of nationally chartered banks cannot be regulated by states, but that California's limits on mortgage interest charges were nevertheless
It was cold and gray outside Chicago’s McCormick Place convention center last week. But you wouldn’t know it from all the color inside.

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