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New Md. Rules Aim To Aid Those Facing A Risk of Foreclosure Citing an "alarming" rate of mortgage foreclosures in Maryland, Gov. Martin O'Malley announced emergency regulations yesterday requiring loan service companies to tell the state when residents are in danger
November high for mortgage approvals (Times Online) Mortgage approvals in the UK hit their highest level in five months in November, the British Bankers' Association said today. The value of mortgage approvals jumped from October's £10.82 billion
Fashion moment with designer Ben de Lisi "I think people have become better dressed, they understand quality, whereas when I first moved here it was more about disposable fashion and trend than anything else." Sketching glamorous
Wachovia expands into German mortgage market-paper "We want to go head to head as competitors with classical mortgage banks like Eurohypo , Hypo Real Estate and Aareal Bank ," Peter Riemenschneider, co-head of European real estate
Hotel a Testament To Empty Promises read more...
“What about the person who has been patiently sitting on the sidelines over the last several years, saving up and waiting for these unsustainable prices to come down and paying rent every month while getting no equity?”
Democrats turned back a slew of Republican challenges to their housing rescue package Wednesday as they moved toward committee approval of the plan.
Republicans, targeting virtually every element of a measure they characterized as an unfair and risky taxpayer-funded bailout, failed to win adoption of any major changes. A final vote of the Financial Services Committee on the bill is scheduled Thursday, and the House is expected to consider the package next week.
The bill would allow the Federal Housing Administration to back up to $300 billion in new mortgages for distressed homeowners now too financially strapped to qualify for such loans. Read more
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