For First-Time Buyers, Tempting Prices but Tougher Rules
If you’re a first-time home buyer, you’ll find it a little harder to qualify for a mortgage than your counterpart did two years ago.
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$100 Million Available In City Mortgage Program Mayor Richard M. Daley today urged Chicago's working families to take advantage of the City Mortgage program, which provides grants to help cover the down payment and closing costs on
Financial Stocks: Fannie, Freddie again lead big drop in banks, mortgage insurers (Market Watch) BOSTON (MarketWatch) -- Share prices of some of America's best-known financial firms continued to crumble Friday morning as concern increased among investors that the federal government will need to bail
Silver lining? So as I understand it, none of the major lenders are writing home loans in New Orleans, and none of the insurance companies are writing homeowner's policies, which basically means
Charges from unit sale drop KeyCorp earnings by half in 4Q Banking and financial services company KeyCorp on Friday reported fourth-quarter earnings fell about 51 percent, due to charges linked to the sale in December of nonprime mortgage loan businesses.Commentread more...
Amid mortgage woes, many fleeing any risk (The Charlotte Observer) The widening fallout in the U.S. mortgage industry has reminded investors of a risk they had forgotten: the fear of risk itself. As unpaid mortgages and bankrupt lenders bring the
Toll Brothers profit tumbles "Given the uncertainty surrounding sales paces, and market direction and, thus, the potential for and size of future impairments, we are not comfortable giving full earnings guidance" Luxury home
August 26th, 2008
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