Loans fuel a rise in repossessions Some repossessions should be little more than a painful memory of the 1980s housing boom, and subsequent bust.read more...
Legislation will affect Ohioans Among a flurry of bills the Ohio General Assembly dealt with last week before breaking for summer were three measures that could affect the state's economy and politics for many
Treasury Urged To Lower Mortgage Rates (CBS News) Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.
Existing home sales up sharply The median resale price of a single-family home in Lee County was $262,900 in April, the second consecutive month in which prices have skyrocketed 43 percent over last year.via
Dedham, middle school contractor reach settlement The town has agreed to pay the new middle school contractor, P.J. Stella Construction Co., an additional $525,000 in a settlement announced this week.read more...
Confused by all the Mortgage Options? Here's Help (Herkimer Evening Telegram) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Merrill Lynch & Co , battered by more than $40 billion of write-downs tied largely to mortgages, said on Tuesday it hired Michael Nierenberg from JPMorgan Chase & Co to head its mortgage and securitization businesses.
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