US home sales rocket to record SALES of previously owned US houses hit a record pace in June from a year ago, the biggest jump in nearly 25 years, a trade group said overnight.read more...
Mortgage approvals edge up in April (Financial Times) Mortgage approvals for new home purchases picked up slightly in April but remain nearly 40 per cent below the levels of a year ago, according to the latest lending data
2 firms selected for mortgage securities program (Washington Post) WASHINGTON -- The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities. read more...
Reckless Mortgage Lending Warning As if on cue regarding our post today on the Denver Real Estate slump , we find this: Speaking to the New York Bankers Association, John M. Reich, director of
Alpharma May Sell Parts Or All Of Company Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...read more...
Retailers thinking outside big box (Reg Req'd) The huge cinder-block stores that have defined suburbia for a generation are undergoing a facelift.read more...
NEW YORK (Dow Jones)—Bear Stearns Cos. (BSC), a leading underwriter of private label mortgage-backed securities for years, is now in the origination side of the mortgage business as well.
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