Slim Pickings for Buyers Without Cash for a Down Payment
M ortgage loans that allowed you to buy without a down payment were a fast ticket to homeownership for many first-time buyers over the past decade.
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Slowdown in building increases concern Few things light up an economy like pouring foundations and nailing shingles. They employ skilled workers in your town, not overseas.read more...
KeyCorp sells Champion Mortgage to HSBC and Fortress (Washington Post) NEW YORK (Reuters) - KeyCorp , a large Midwest U.S. bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain's HSBC Holdings Plc
FSA steps up up mortgage fraud battle (Financial Times) The police constable earned nothing like £68,000, nor did he work part-time as a security consultant. Yet his mortgage application confidently asserted both claims as fact ? and left him
Vera Wang Has Designs On Selling Her Digs The designer goes to contract on her New York City apartment; trial attorney Gerry Spence asks nearly $35 million for his residence near Jackson, Wyo.; and a Hawaiian compound sells
Is BidRent.com the Priceline of rental properties or just smoke and mirrors? "We now have over 1,000 listings in San Diego" When a press release landed in my e-mail to announce the launch of BidRent.com -- a free, online auction site
Gap widening between income and costs RISING housing costs are undermining Pasadena's social and economic fabric. Working families are being pushed out.read more...
August 19th, 2008
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