Fannie Posts Deep Loss
Fannie Mae reported a wider-than-expected second-quarter loss of $2.3 billion and said it will slow its purchases of mortgage-related securities, in a new blow to housing prices. (Conference call transcript)
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Quaker Bitters Bottles Collectible Ever hear of the medical terms "catarrh," "scrofulous humor," "dyspepsia," "bilious attacks," "torpidity of the system," "ague" and that all-encompassing ailment, "summer complaints"? read more...
Goodbye Boom, Hello Bust This morning I bring to your attention 3 different articles on 3 different real estate boom areas.read more...
Paying a mortgage deficiency Even after a home is foreclosed, the deficiency comes due, says the Bankruptcy Adviser.read more...
Blacks, Latinos get more subprime loans (Reg Req'd) Black and Latino homebuyers in the Twin Cities -- and residents of neighborhoods with higher proportions of minorities -- faced higher interest rates than whites on first mortgages and refinanced
Interiors painted by Wake Forest professor invite close observation and contemplation When she was growing up in Richmond, Page Laughlin never thought that she would pursue a career as a visual artist.read more...
Mortgage giants face US takeover (Boston Globe) WASHINGTON - Senior officials from the Bush administration and the Federal Reserve yesterday informed top executives of Fannie Mae and Freddie Mac , the mortgage finance giants, that the government