Creative Financing Can Give Sellers an Edge People move to new homes for all sorts of reasons, even when the market is slow. In the case of Seth A. Koch and Barbara Bellman of Silver Spring,
Mortgage lending falls by 10% (Guardian Unlimited) Number of deals taken out is lowest figure since 1996, says Council of Mortgage Lendersread more...
Experian may launch UK finance comparison site following $330m US acquisition " Experian has purchased a North American mortgage and insurance comparison website for $330m , saying it may launch a UK version of the site next year.via
Unemployment climbs to 5-year high of 6.1 percent The nation's unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years _ and it's likely to go even higher in
Home-Loan Subsidies Aid Rich, Study Says The nation's three housing enterprises have helped fuel the red-hot housing sector with policies that primarily benefit wealthier consumers, drive up U.S. housing supply, increase rental prices and lead to
No tax eyed for squatted property Squatting syndicates prevent landowners from making productive use of their lands.read more...
Alarmed by the growing financial stress at the nation?s two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a conservatorship if their problems worsen, people briefed about the plan said on Thursday.
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