Berrish named to Fed's thrift council Frank Berrish of Visions FCU in Endicott, N.Y., was named this week to a two-year term on the Federal Reserve Board's Thrift Institutions Advisory Council beginning next January.read more...
Feds Are Investigating Homebuilder Beazer Amid the meltdown of the subprime housing sector, mortgage lenders and brokers have come under fire from state and federal officials for predatory lending practices with those risky borrowers.Commentread more...
MHI Hospitality Corporation Reports First Quarter Financial Results MHI Hospitality Corporation Reports First Quarter Financial Results MHI Hospitality Corporation , a lodging real estate investment trust focused on the ownership of midscale and upscale full-service hotels, ...via
We'll all likely feel sting of mortgage meltdown (Arizona Daily Star) Stupid lenders making stupid loans to stupid borrowers. You might think this sums up what the surge in mortgage foreclosures means to you. You would be mistaken.read more...
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Falling mortgage rates ignite area home sales Even Alan Greenspan doesn't get it. The decline in mortgage rates to near 30-year lows is a surprise "without recent precedent" and a source of "considerable conjecture" among economists, the
Speculators are adding more fuel to the heated housing market.
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