ResCap shrugs off GM stigma
Residential Capital, the newly created retail mortgage unit of General Motors , sold $4bn of bonds on Tuesday, marking its debut in the capital markets and its acceptance by investors as a borrower largely …
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Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...
Canadians keep loading up on debt Canadian household debt is rising fast, even as credit cycle growth rates look to have peaked, says a report from CIBC World Markets.Commentread more...
Office condominiums gaining appeal The low interest rates that have energized home sales here are driving a new market for commercial space: office condos.via
E-Trade exits wholesale-mortgage business (Market Watch) SAN FRANCISCO (MarketWatch) -- On the eve of much-anticipated earnings reports from some of the biggest bankers in the country, discount broker E-Trade Financial Corp. said that it planned to
Summit County announces 17 indictments in mortgage lending scheme (The Plain Dealer) Summit County officials rolled back part of the national mortgage crisis Thursday with the announcement of 17 indictments stemming from a lending scheme that preyed on hundreds of local homeowners.read
Pending Home Sales Index Unexpectedly Rises 0.2 Percent in September "Some markets are still going strong, such as Austin and Raleigh" Pending home sales showed unexpected stability in September despite widespread reports that buyers were finding mortgages harder to