Countrywide cuts 500 mortgage jobs (AP via Yahoo! News) Countrywide Financial Corp., the nation's largest mortgage lender, said Monday it has eliminated about 500 jobs as it tries to ride out problems from a credit crunch that has
Renters by choice Sharon and Nick Havrilak live in a two-bedroom apartment in an historic home in downtown Bethlehem.read more...
3 types of homes investors should avoid Potential for resale profits can be severely limited There are three types of real estate investment opportunities that should be avoided if profits are your main goal.read more...
'Middle class is being squeezed' Do we make enough? The short answer is no. Certainly wages are higher here than they are in many parts of the country.via
Homebuilder Shares Rally Amid Housing Slump; Home Depot, Pulte Beat S&P Shares of Home Depot Inc., Fannie Mae and home builders are rising faster than the stock market on speculation the worst of the housing slump is over.Commentread more...
McFarland sentenced in mortgage flipping scheme (BizJournals) A former Atlanta real estate closing attorney has been sentenced to 30 years in federal prison for masterminding a local multi-million-dollar mortgage fraud scheme.read more...
Spring weather may have arrived, but cold winds continue to blow through the housing market. Mortgage brokers are finding there is no longer much for them to broker and are feeling the pinch.
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