Fortress Looks for the Bottom, Again
A Fortress fund tied to mortgage-backed securities is down about 30% as investors flee the sector, fearing a spate of defaults.
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Frostproof Is Going Commercial With Plaza read more...
Sellers be patient; buyer's market returns If you think you're seeing a lot more "Open House" signs springing up on street corners these days, you're not mistaken.read more...
City auctions surplus items collected during new city hall renovations If your looking for an extra sink or some cabinets for your garage, then the city of Hendersonville has a deal for you.read more...
Rates put bite on vacancies THE number of vacant apartments and houses has shrunk as higher interest rates curb the supply of new housing, a report shows.Commentread more...
Fannie Mae severing mortgage-selling deal with troubled lender (Boston Herald) LOS ANGELES - Fannie Mae will no longer allow New Century Financial Corp. to sell mortgage loans to the U.S. government-sponsored company, alleging the troubled lender has breached the terms
FBI to probe 21 high-risk mortgage firms (The Washington Times) The FBI announced Wednesday that it is investigating 21 high-risk mortgage companies, up from 17 companies as recently as March.read more...