FHA gets realistic with loan requirements WASHINGTON -- The federal government's biggest home mortgage program streamlined itself at the end of December, and that could be good news for buyers, sellers, realty agents and builders in
In 2007, Homeowners Resolve To Renovate Forget losing weight, finding a better job, or paying off the debt. This year more people are making a resolution they can achieve.Commentread more...
Profit shortfalls, interest rate fears and valuation concerns may signal the end of REITs' bull run. Personal Finance : Nicholas Yulico As the REIT industry gathers this week in Chicago for the annual National Association of Real Estate Investment Trusts convention, the mood will be more
Dodd Calls for `Significant Action' on Mortgage Rules (Update2) (Bloomberg.com) July 19 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd, saying he expects ``significant action'' from the Federal Reserve to protect subprime-mortgage borrowers, pledged to move legislation that would rein
Washington Mutual cutting 2,500 mortgage jobs Washington Mutual announced 2,500 job cuts at its home-loan business late Wednesday, another sign of a cooling real-estate market.read more...
Fitch Rates SACO I Trust $337MM Mortgage-Backed Notes, Series 2005-GP1 (Business Wire via Yahoo! Finance) Fitch rates the publicly offered SACO I Trust mortgage-backed notes, series 2005-GP1, as follows::read more...
Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary policy tightening in 2008 or 2009, according to a research note from the firm.
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