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White House Weighs Mortgage Giant Holdings (AP via Yahoo! News)   The Bush administration is proposing that Congress reduce the multibillion-dollar holdings of mortgage giants Fannie Mae and Freddie Mac, a plan bitterly opposed by Democrats but gaining momentum on


Local lawmakers' assets vary widely  Central Florida's congressional delegation is a picture of mostly "haves" and a few "have-nots." There is no shortage of millionaires in the group, according to financial-disclosure reports released Wednesday.via


Bank of America tests no-fee mortgage (St. Louis Business Journal)  Bank of America Corp. is testing a no-fee mortgage in Washington state to see whether it's effective in luring customers.read more...


Supreme Realty Investments, Inc. to Begin Trading under New Symbol  via


Doral Faces Some Music  When it rains, sometimes it pours. Doral Financial started off a few years back as a great little Puerto Rican mortgage bank that nobody had heard of.via


Mortgage rates tick up again (The Sacramento Bee)  What gives with mortgage rates? Weren't they supposed to go down after the Federal Reserve cut interest rates by a half-percentage point?read more...

April 11th, 2008

Shouldering a Slump by Renting Instead of Selling

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