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Normal a relative term in today's home-buying market  It's hard to define normal. Home sales in the San Fernando Valley plunge an annual 16 percent in October and the median price of a used house soars 27 percent,


Bear Stearns Enlists Mortgage Chief to Help Funds (Update2) (Bloomberg.com)  June 26 (Bloomberg) -- Bear Stearns Cos. enlisted Tom Marano, the head of its mortgage unit, to help unwind two money- losing funds, according to a person with knowledge of


Stocks Set to Open Up on Cendant News  U.S. stock market futures notched higher Monday, amid weakness in crude-oil prices as Hurricane Wilma nears Florida and a break-apart plan at conglomerate Cendant Corp.read more...


'Rejuveniles' reinvent adulthood  Mom is at a pajama party. Dad is organizing a rock, paper, scissors tournament. Will they ever grow up and start behaving like adults or are they part of a


Victoria Mortgage Funding (UK Financial Services Authority)  Victoria Mortgage Funding Limited has today been placed in administration. Christine Laverty and Michael McLoughlin of KPMG have been appointed as joint Administrators. The firm is a small wholesale mortgage


Federal News - Make big bucks in real estate - Mike Causey  Housing prices in many of the metro-Washington area's zip codes, in D.C., Maryland, Virginia and West Virginia, have doubled in the past couple of years.via

April 30th, 2008

Mortgage Predators: Less Talk, More Action (Washington Post)

We may be a long way from the right solutions to avoid another mortgage meltdown. But one thing officials can do now is prosecute those who have engaged in unlawful activities.

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