1,300 jobs to go at Northern Rock Nationalised lender Northern Rock is make around 800 compulsory job cuts as part of its efforts to shrink the business, the firm said today.read more...
30-year mortgage rates dip second straight week (San Jose Mercury News) Rates on 30-year mortgages, which had jumped to the highest level in 2 1/2 years, edged down for a second straight week. Mortgage giant Freddie Mac reported Thursday that rates
Undeveloped Plots Draw Buyers As the Housing Market Softens There's a rush to snap up undeveloped land everything from New England creek-front parcels to big-sky vistas in Montana. Some people are buying dream lots now, with plans to one
A Coinstar Is Born Forward P/E before announcement: 17.8 Forward P/E after announcement: 21.7 CALL IT THE Wal-Mart effect.read more...
Foreclosures Hit New Jersey From the Star Ledger: Rise and fallout: Real-estate professionals adjusting to new reality "Joyce Aponte has spent the past 20 years selling single-family homes and properties repossessed by lenders after
Freddie Mac Says $40M Available For Low Cost Mortgage Loans To Storm Victims (WLOX-TV Biloxi) Mortgage giant Freddie Mac said Wednesday that $40 million is being made available in low cost mortgages to Mississippi hurricane victims. Freddie Mac is the second-largest U.S. buyer and guarantor
Mortgage investor Impac Mortgage Holdings Inc. said Thursday it has refinanced an outstanding repurchase financing facility, replacing it with a term loan from UBS Real Estate Securities Inc.
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