California Investigates Subprime Mortgage Industry (Update2) (Bloomberg.com) March 29 (Bloomberg) -- California Attorney General Jerry Brown is investigating the collapsing subprime mortgage industry in the state, the largest U.S. market for high-risk home loans.read more...
Sellers still hopeful despite drop in Midstate home sales For Judy Gluck, hope is blooming anew. Gluck and her husband, Frank, first listed their duplex near Woodmont Boulevard in Green Hills last October, not long after they bought their
Many unaware of mortgage help: Freddie Mac (CNN Money) More than half of borrowers who have missed mortgage payment deadlines are still in the dark about ways to avoid foreclosure, but that percentage is falling, said a survey released
(AFX UK Focus) 2008-02-12 10:02 GMT: UK mortgage affordability worsened in Dec, but rate cuts will help in '08 - CML (Interactive Investor) LONDON (Thomson Financial) - The affordability of UK mortgages deteriorated further in December due to the impact of interest rate increases earlier in 2007, but cuts in borrowing costs since
Blame flies for high-risk mortgage meltdown (Orange County Register) Mortgage company executives defend themselves to lawmakers. Charges of blame were flying Thursday for the meltdown of the high-risk mortgage market as pressure mounted for Congress to do something about
New Tax Rules May Hurt House-Hoppers Part of the housing-stimulus package recently signed into law could reduce the appeal of a tax-saving strategy used by wealthy home-hoppers. Many owners might not be eligible to claim the
Inevestors were reeling yesterday after the FTSE 100 index of leading share entered ‘bear market’ territory.
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