Trend of tighter mortgage standards continues: Fed (Market Watch) WASHINGTON (MarketWatch) -- U.S. banks continued to tighten their standards for approving mortgage loans in the spring and early summer months, the Federal Reserve said Monday.
The Case for Renter's Insurance: Protection from Losses and Lawsuits read more...
Risk in American Mortgages has Become a Hot Export That is because investment banks have been moving more of the risk of defaults on home mortgages to foreign investors, leaving less with U.S. lenders and investors.read more...
Expedia Slashes Stock Buyback Plans Shares of Expedia Inc. plunged Monday after the online travel agency said it would curtail stock-buyback plans because of a lack of financing on acceptable terms. via Los Angeles
Agency Mortgage Bonds Felt Subprime Heat In First Quarter (Nasdaq) NEW YORK -(Dow Jones)- Agency mortgage bonds backed by home loans made to borrowers with stellar credit were still hit by subprime contagion in the first three months of the
No money, no labor, no way No money, no labor, no way Lack of financing, qualified help seen to scuttle high-rises By HUBBLE SMITH REVIEW-JOURNAL Sky Las Vegas, a $325 million high-rise condominium project on the
Thornburg Mortgage , a specialist in jumbo home loans, said its survival remained in doubt following additional margin calls, but it is on track to complete a restructuring and avoid collapse.
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