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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Affordability Falling While Connecticut homeowners savor rising property values, the higher cost of housing threatens to put homeownership out of reach for more working families and individuals, and may signal trouble for
Economy shows some unsteady signs for Fed chief Ben Bernanke's honeymoon as the new Federal Reserve chairman is drawing to an end.read more...
Thinking of Going Solar? Incentives Are Hard to Pass Up Now Mortgage foreclosures filed with the civil division of the Circuit Court for July 12-17, 2006. Names in bold are the subject of, or have an interest in, the foreclosure action.
TCW CDOs Dump $3.2 Billion of Mortgage Securities (Update2) (Bloomberg.com) Sept. 20 (Bloomberg) -- TCW Asset Management, the money manager owned by France's Societe Generale SA, is selling $3.2 billion of mortgage securities backing collateralized debt obligations after the value
Preparing for Condo Life For many aspiring homeowners, buying a condominium is an affordable way to transition from being a renter and begin reaping the benefits of homeownership without a lot of the added
Housing Slowdown Squeezes Borrowers: Foreclosures Hit 12-Year High The number of foreclosure notices filed against Massachusetts homeowners last year reached their highest level since the housing bust of the early 1990s, as homeowners fell behind on their mortgages